Asia Pacific Drilling Service Market by Service Types (Contract Drilling, Directional Drilling, Lwd and Drilling Waste Management), Applications (Onshore & Offshore) & by Countries – Analysis & Forecast to 2019

The purpose of this report is to cover the definition, description, and forecast of the Asia-Pacific drilling services market. It involves a deep dive analysis of the market segmentation, which is based on application, service, and country. The report also provides deep insights into the competitive landscape of the market through a strategic analysis of the key players of the market.

The oil & gas industry relies heavily on drilling to explore the offshore areas, facilitate development in environmentally sensitive areas, and provide production enhancement through horizontal and directional drilling.

The Asia-Pacific drilling services market size, in terms of value, was $46732.9 million in 2014 and is projected to grow at a CAGR of 3.6% from 2014 to 2019 to reach $55,799.9 million by 2019. The consistently rising demand for energy and the gradual depletion of existing reservoirs generate the need to explore new reservoirs, which are primarily situated in offshore areas. These are hard to drill vertically because of complex geologic structures.

The contract drilling (LWD) service type accounted for the largest market share of—, 84.6%—of the Asia-Pacific drilling services market in 2014.

The major companies operating in the Asia-Pacific drilling services market are Halliburton (U.S.), Schlumberger (U.S.), Baker Hughes (U.S.), Weatherford International (Ireland), and Superior Energy Services (U.S.)

Market share analysis, by revenue, of the top companies is also included in the report. This report will help market participants to identify high-growth markets and will aid in key investment decisions. For this report, major players in the Asia-Pacific drilling services market have been identified through various primary and secondary sources, which include annual reports of top market players, and interviews with key opinion leaders such as CEOs, directors, and marketing people. Based on this research, the market shares have been evaluated and validated.

Table of Contents

1 Introduction (Page No. - 10)
    1.1 Objectives of the Study
    1.2 Market Segmentation & Coverage
    1.3 Stakeholders

2 Research Methodology (Page No. - 12)
    2.1 Integrated Ecosystem of Drilling Service Market
    2.2 Arriving at the Drilling Service Market Size
           2.2.1 Top-Down Approach
           2.2.2 Bottom-Up Approach
           2.2.3 Demand Side Approach
           2.2.4 Macroindicator-Based Approach
    2.3 Assumptions

3 Executive Summary (Page No. - 21)

4 Market Overview (Page No. - 23)
    4.1 Introduction
    4.2 Drilling Service Market: Comparison With Parent Market
    4.3 Market Drivers and Inhibitors
    4.4 Key Market Dynamics

5 Asia-Pacific Drilling Service Market, By Application (Page No. - 29)
    5.1 Introduction
    5.2 Asia-Pacific Drilling Services in Onshore Application Market,  By Country
    5.3 Asia-Pacific Drilling Service in Offshore Market, By Country

6 Drilling Service Market, By Type (Page No. - 34)
    6.1 Introduction
    6.2 Asia-Pacific Drilling Service Market, Type Comparison With Drilling Service Market
    6.3 Asia-Pacific Contract Drilling Services Market, By Country
    6.4 Asia-Pacific Directional Drilling Services Market, By Country
    6.5 Asia-Pacific Logging-While-Drilling Market(LWD), By Country
    6.6 Asia-Pacific Drilling Waste Management Market, By Country

7 Asia-Pacific Drilling Service Market, By Country (Page No. - 41)
    7.1 Introduction
    7.2 China Drilling Service Market
           7.2.1 China Drilling Service Market, By Application
           7.2.2 China Drilling Service Market, By Type
    7.3 Indonesia Drilling Service Market
           7.3.1 Indonesia Drilling Service Market By Application
           7.3.2 Indonesia Drilling Service Market, By Type
    7.4 Thailand Drilling Service Market
           7.4.1 Thailand Drilling Service Market, By Application
           7.4.2 Thailand Drilling Service Market, By Type
    7.5 Australia Drilling Service Market
           7.5.1 Australia Drilling Service Market, By Application
           7.5.2 Australia Drilling Service Market, By Type
    7.6 Malaysia Drilling Services Market
           7.6.1 Malaysia Drilling Service Market, By Application
           7.6.2 Malaysia Drilling Service Market, By Type
    7.7 India Drilling Services Market
           7.7.1 India Drilling Service Market, By Application
           7.7.2 India Drilling Service Market, By Type

8 Drilling Service Market : Competitive Landscape (Page No. - 62)
    8.1 Drilling Service Market: Company Share Analysis
    8.2 Company Presence in Drilling Service Market, By Type
    8.3 Mergers & Acquisitions
    8.4 Expansions & Contracts
    8.5 Joint Ventures & Agreement
    8.6 New Technology & Products Developments

9 Drilling Service Market, By Company (Page No. - 68)
(Overview, Financials, Products & Services, Strategy, and Developments)*
    9.1 Weatherford International Ltd (Ireland)
    9.2 Schlumberger Ltd.
    9.3 Superior Energy Services Inc.
    9.4 Transocean Ltd
    9.5 Halliburton
    9.6 Baker Hughes
*Details on Overview, Financials, Product & Services, Strategy, and Developments Might Not Be Captured in Case of Unlisted Company

10 Appendix (Page No. - 92)
     10.1 Customization Options
             10.1.1 Products and Services Benchmarking Analysis
             10.1.2 Regulatory Framework
             10.1.3 Impact Analysis
             10.1.4 Current Industry Challenges
             10.1.5 Beneficial Re-Use of Drilling Waste
             10.1.6 Historical Data and Trends
             10.1.7 Drilling Services In-Depth Value Chain Analysis
     10.2 Related Reports
     10.3 Introducing RT: Real Time Market Intelligence
             10.3.1 RT Snapshots

List of Tables (52 Tables)

Table 1 Asia-Pacific Drilling Service Peer Market Size, 2014 (USD MN)
Table 2 Asia-Pacific Drilling Service Market Application Market, 2013 (USD MN)
Table 3 Asia-Pacific Drilling Service Market : Macroindicators,  By Country, 2013 (Number of Wells)
Table 4 Asia-Pacific Drilling Service Market: Comparison With Parent Market, 2013– 2019 (USD MN)
Table 5 Asia-Pacific Drilling Service Market: Drivers and Inhibitors
Table 6 Asia-Pacific Drilling Service Market, By Application,  2013 - 2019 (USD MN)
Table 7 Asia-Pacific Drilling Service Market, By Type, 2013- 2019 (USD MN)
Table 8 Asia-Pacific Drilling Service Market, By Countries, 2013 - 2019 (USD MN)
Table 9 Asia-Pacific Drilling Service Market, By Application, 2013 - 2019(USD MN)
Table 10 Asia-Pacific Drilling Service in Onshore Application Market,  By Country, 2013- 2019 (USD MN)
Table 11 Asia-Pacific Drilling Services in Offshore Application Market,  By Country, 2013 - 2019 (USD MN)
Table 12 Asia-Pacific Drilling Service Market, By Type, 2013- 2019 (USD MN)
Table 13 Asia-Pacific Drilling Service Market: Type Comparison With Parent Market, 2013–2019 (USD MN)
Table 14 Asia-Pacific Contract Drilling Service Market, By Country,  2013–2019 (USD MN)
Table 15 Asia-Pacific Directional Drilling Market, By Country,  2013-2019 (USD MN)
Table 16 Asia-Pacific LWD Market, By Geography, 2013 - 2019 (USD MN)
Table 17 Asia-Pacific Dwm Market, By Geography, 2013 - 2019 (USD MN)
Table 18 Asia-Pacific Drilling Service Market, By Country, 2013 - 2019 (USD MN)
Table 19 China Drilling Service Market, By Application, 2013-2019 (USD MN)
Table 20 China Drilling Service Market, By Type, 2013 - 2019 (USD MN)
Table 21 Indonesia Drilling Service Market, By Application, 2013 - 2019 (USD MN)
Table 22 Indonesia Drilling Service Market, By Type, 2013 - 2019 (USD MN)
Table 23 Thailand Drilling Service Market , By Application, 2013 - 2019 (USD MN)
Table 24 Thailand Drilling Service Market, By Type, 2013 - 2019 (USD MN)
Table 25 Australia Drilling Service Market, By Application, 2013 - 2019 (USD MN)
Table 26 Australia Drilling Service Market, By Type, 2013 - 2019 (USD MN)
Table 27 Malaysia Drilling Service Market , By Application, 2013 - 2019 (USD MN)
Table 28 Malaysia Drilling Service Market, By Type, 2013 - 2019 (USD MN)
Table 29 India Drilling Service Market , By Application, 2013 - 2019 (USD MN)
Table 30 India Drilling Service Market, By Type, 2013 - 2019 (USD MN)
Table 31 Drilling Service Market Share Analysis, 2013 (%)
Table 32 Asia-Pacific Drilling Service Market : Mergers & Acquisitions
Table 33 Asia-Pacific Drilling Service Market: Expansions
Table 34 Asia-Pacific Drilling Service Market: Joint Ventures
Table 35 Net Weatherford International.: Market Revenue, By Business Segments 2009 - 2013 (USD MN)
Table 36 Weatherford International Ltd: Market Revenue, By Geographic Segments 2009 - 2013 (USD MN)
Table 37 Weatherford International Ltd(Ireland): Key Operations  2009 - 2013 (USD MN)
Table 38 Schlumberger Ltd.: Market Revenue, By Business Segments 2009 - 2013 (USD MN)
Table 39 Schlumberger Ltd.: Market Revenue, By Geographic Segments 2009 - 2013 (USD MN)
Table 40 Schlumberger Ltd.: Key Operations 2009 - 2013 (USD MN)
Table 41 Superior Energy Services : Key Financials, 2009 - 2013 (USD MN)
Table 42 Superior Energy Services: Market Revenue, By Business Segments,  2009 - 2013 (USD MN)
Table 43 Superior Energy Services : Geographical Revenue, 2009-2013 (USD MN)
Table 44 Transocean: Key Financials, 2009 - 2013 (USD MN)
Table 45 Transocean Ltd: Geographical Revenue, 2009-2013 (USD MN)
Table 46 Halliburton: Market Revenue, By Business Segments 2009-2013 (USD MN)
Table 47 Halliburton: Market Revenue, By Business Segments 2009-2013 (USD MN)
Table 48 Halliburton: Market Revenue, By Geography, 2009 – 2013 (USD MN)
Table 49 Halliburton: Services - Its Brand Name & Applications
Table 50 Baker Hughes Incorporated.: Key Financials , 2009 - 2013 (USD MN)
Table 51 Baker Hughes Incorporated.: Revenue By Business Segment,  2009 - 2013 (USD MN)
Table 52 Baker Hughes Incorporated.: Revenue By Geographical Segment,  2009 - 2013 (USD MN)

List of Figures (59 Figures)

Figure 1 Asia-Pacific Drilling Service Market: Segmentation & Coverage
Figure 2 Drilling Service Market: Integrated Ecosystem
Figure 3 Research Methodology
Figure 4 Top-Down Approach
Figure 5 Bottom-Up Approach
Figure 6 Demand Side Approach
Figure 7 Macroindicator-Based Approach
Figure 8 Asia-Pacific Drilling Service Market Snapshot,2014
Figure 9 Asia-Pacific Drilling Service Market: Growth Aspects
Figure 10 Asia-Pacific Drilling Service Market, By Application, 2014 vs 2019
Figure 11 Asia-Pacific Drilling Service Market Types, By Countries,  2013 (USD MN)
Figure 12 Asia-Pacific Drilling Service Market, By Application,  2013 – 2019 (USD MN)
Figure 13 Asia-Pacific Drilling Services in Onshore Market, By Countries,  2013 - 2019 (USD MN)
Figure 14 Asia-Pacific Drilling Service in Offshore Market, By Country,  2013 - 2019 (USD MN)
Figure 15 Asia-Pacific Drilling Service Market , By Type, 2014 - 2019 (USD MN)
Figure 16 Asia-Pacific Drilling Service Market: Type Comparison With Drilling Service Market, 2013–2019 (USD MN)
Figure 17 Asia-Pacific Contract Drilling Service Market, By Country,  2013–2019 (USD MN)
Figure 18 Asia-Pacific Directional Drilling Service Market, By Country,  2013- 2019 (USD MN)
Figure 19 Asia-Pacific Logging-While-Drilling Market, By Country,  2013 - 2019 (USD MN)
Figure 20 Asia-Pacific Drilling Waste Management Market, By Country,  2013 - 2019 (USD MN)
Figure 21 Asia-Pacific Drilling Service Market: Growth Analysis, By Country, 2013-2019 (USD MN)
Figure 22 China Drilling Service Market Overview, 2014 & 2019 (%)
Figure 23 China Drilling Service Market, By Application, 2013-2019 (USD MN)
Figure 24 China Drilling Service Market: Application Snapshot
Figure 25 China Drilling Service Market, By Type, 2013 - 2019(USD MN)
Figure 26 China Drilling Service Market Share, By Type, 2014-2019 (%)
Figure 27 Indonesia Drilling Service Market Overview, 2014 & 2019 (%)
Figure 28 Indonesia Drilling Service Market, By Application, 2013-2019 (USD MN)
Figure 29 Indonesia Drilling Service Market: Application Snapshot
Figure 30 Indonesia Drilling Service Market, By Type, 2013- 2019 (USD MN)
Figure 31 Indonesia Drilling Services Market Share, By Type, 2014-2019 (%)
Figure 32 Thailand Drilling Service Market Overview, 2014 & 2019 (%)
Figure 33 Thailand Drilling Service Market, By Application, 2013- 2019 (USD MN)
Figure 34 Thailand Drilling Service Market: Application Snapshot
Figure 35 Thailand Drilling Service Market, By Type, 2013 - 2019 (USD MN)
Figure 36 Thailand Drilling Service Market Share: Type Snapshot (%)
Figure 37 Australia Drilling Service Market Overview, 2014 & 2019 (%)
Figure 38 Australia Drilling Service Market, By Application, 2013- 2019 (USD MN)
Figure 39 Australia Drilling Service Market: Application Snapshot
Figure 40 Australia Drilling Service Market, By Type, 2013 - 2019 (USD MN)
Figure 41 Australia Drilling Service Market Share: Type Snapshot (%)
Figure 42 Malaysia Drilling Service Market Share Overview, 2014 & 2019 (%)
Figure 43 Malaysia Drilling Service Market, By Application, 2013- 2019 (USD MN)
Figure 44 Malaysia Drilling Service Market: Application Snapshot
Figure 45 Malaysia Drilling Service Market, By Type, 2013 - 2019 (USD MN)
Figure 46 Malaysia Drilling Service Market Share: Type Snapshot(%)
Figure 47 India Drilling Service Market Share Overview, 2014 & 2019 (%)
Figure 48 India Drilling Service Market, By Application, 2013- 2019 (USD MN)
Figure 49 India Drilling Service Market: Application Snapshot
Figure 50 India Drilling Service Market, By Type, 2013 - 2019 (USD MN)
Figure 51 India Drilling Service Market: Type Snapshot
Figure 52 Drilling Service Market: Company Share Analysis, 2013 (%)
Figure 53 Drilling Service Market: Company Product Coverage, By Type, 2013
Figure 54 Weatherford International: Revenue Mix, 2013(%)
Figure 55 Schlumberger Ltd: Revenue Mix, 2013(%)
Figure 56 Superior Energy Services, Revenue Mix, 2013 (%)
Figure 57 Transocean Ltd. Revenue Mix, 2013 (%)
Figure 58 Halliburton Company Revenue Mix: 2013 (%)
Figure 59 Baker Hughes: Revenue Mix, 2013 (%)

Drilling service is a technique which explores the oil from a targeted position in the typical geologic structural oilfields. There are different types of drilling services, namely, contract drilling, directional drilling, logging-while-drilling (LWD), and drilling waste management (DWM).

The directional drilling market has witnessed slow growth in the last five years, but is expected to gain momentum in the coming years due to increasing investments in exploration and production (E&P) activities. The production rate of horizontal wells is also very high compared to that of vertical wells.

The Asia-Pacific drilling service market is witnessing decent growth, spurred by the increasing energy demand, advancements in technology, and sizable investments. China dominates the drilling service market, closely followed by Thailand, Australia, India, Malaysia, and Indonesia. In terms of services, contract drilling holds the largest share in the drilling services market. In terms of applications, the market is dominated by onshore applications, but offshore applications are expected to gain traction as well in the foreseeable future.

This report covers the drilling service market in Asia-Pacific with regard to different types of services, including contract drilling, directional drilling, LWD and DWM. The contract drilling service led the market, with share of 84.6% in 2014. The directional drilling service is the second-largest service, and held an 11.2% market share in 2014. LWD and DWM accounted for around 2.5% and 2.65% respectively of the market in 2014. Given the advancements in technology, the DWM drilling service market is estimated to witness a slow growth rate compared to other services in the market. The lucrative and high-investment areas of offshore regions, such as China, India, Malaysia, Indonesia, and other countries are driving the exponential growth of the drilling service market.

An in-depth market share analysis, by revenue, of top companies is included in the report. These numbers are arrived at based on key facts, annual financial information from annual reports, and interviews with industry experts and key opinion leaders, such as CEOs, directors, and marketing executives. Key players in the Asia-Pacific drilling services market are Schlumberger Limited (U.S.), Halliburton Co. (U.S.), and Baker Hughes (U.S.), among others.