Europe Drilling Waste Management Market by Service (Solid Control, Containment & Handling, Treatment & Disposal), by Application (Onshore, Offshore ), by Country - Analysis and Forecast to 2019

The purpose of this report is to cover the definition, description, and forecast the European drilling waste management market. It involves a deep-dive analysis of the market segmentation, which is based on technology and application. The report also gives deep insights into the competitive landscape of the market through a strategic analysis of the key players of the market. The drilling waste management market, in terms of services, has been segmented into solids control services, containment & handling, and treatment & disposal among other technologies. The main applications of the market are onshore and offshore.

Waste management activities are a critical constituent of successful drilling and production operation. Suitable application of waste management principles is essential for efficient drilling operations and environmental protection. During drilling, the largest potential waste stream includes used drilling fluids and cuttings that are produced while drilling the well.

Globally, Europe is the second-largest market for drilling waste management, and is projected to grow at a CAGR of 4.2% during the forecast period of 2014 to 2019. The large share is attributed to the increased expenditure from oil & gas companies which accelerate exploration and development activities. Major national oil companies such as Petrobras (Brazil), PEMEX (Mexico), PDVSA (Venezuela), Petrochina (China), and Sinopec (China) are increasing their capex plans, mainly in offshore exploration. With the increase in the drilling activities, the drilling waste management market is expected to undergo high growth.

The onshore market accounted for the largest market share of 91.1% within the drilling waste management market in 2014. The offshore drilling waste management activities held the market share of 8.9% in 2014. The technologies required are advanced in case of offshore activities, which makes offshore drilling waste management expensive in comparison to onshore activities.

The major companies operating in this European drilling waste management market are Imdex Ltd. (Australia), Halliburton (U.S.), Augean PLC (U.K.)

Market share analysis, by revenue, of the top companies is also included in the report. The scope accordingly aids market participants to identify high growth markets and help managing key investment decisions. For this report, major players in the European drilling waste management market have been identified through various primary and secondary sources, which include annual reports of top market players, 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 theStudy
    1.2 Market Segmentation & Coverage
    1.3 Stakeholders

2 Research Methodology (Page No. - 12)
    2.1 Integrated Ecosystem of Drilling Waste Management Market: Europe
    2.2 Arriving at theDrilling Waste Management Market Size
           2.2.1 Top-Down Approach
           2.2.2 Bottom-Up Approach
           2.2.3 Demand Side Approach
           2.2.4 Macro Indicator-Based Approach
    2.3 Assumptions

3 Executive Summary (Page No. - 20)

4 Market Overview (Page No. - 22)
    4.1 Introduction
    4.2 Drilling Waste Management Market: Comparison With Parent Market
    4.3 Market Drivers And Inhibitors
    4.4 Key Market Dynamics
    4.5 Demand Side Analysis

5 Drilling Waste Management Market, By Application (Page No. - 30)
    5.1 Introduction
    5.2 Demand Side Analysis
    5.3 Drilling Waste Management Market in Onshore, By Country
    5.4 Europe Drilling Waste Management in Offshore, By Country
    5.5 Sneak View: Europe Waste Management Market, By Application

6 Drilling Waste Management Market, By Service (Page No. - 37)
    6.1 Introduction
    6.2 Europe Drilling Waste Management Market, Services Comparison With Drilling Services Market
    6.3 Europe Treatment & Disposal Market, By Country
    6.4 Europe Solid Control Services Market, By Country
    6.5 Europe Containment & Handling Market, By Country

7 Drilling Waste Managementmarket, By Country (Page No. - 45)
    7.1 Introduction
    7.2 Russia Drilling Waste Management Market
           7.2.1 Russia Drilling Waste Management Market, By Application
           7.2.2 Russia Drilling Waste Management Market, By Service
    7.3 Norway Drilling Waste Management Market
           7.3.1 Norway Drilling Waste Management Market, By Application
           7.3.2 Norway Drilling Waste Management Market, By Service
    7.4 U.K. Drilling Waste Management Market
           7.4.1 U.K. Drilling Waste Management Market, By Application
           7.4.2 U.K Drilling Waste Management Market, By Services, 2013-2019

8 Drilling Waste Management Market: Competitive Landscape (Page No. - 63)
    8.1 Drilling Waste Management Market: Company Share Analysis
    8.2 Company Presence in Drilling Waste Management Services, By Type
    8.3 Mergers & Acquisitions
    8.4 New Contracts
    8.5 New Product Launches
    8.6 Other Expansions

9 Drilling Waste Managment Market, By Company (Page No. - 67)
    9.1 Baker Hughes Incorporated
           9.1.1 Overview
           9.1.2 Key Operating Data
           9.1.3 Product And Service Offerings
           9.1.4 Related Developments
    9.2 Halliburton Company
           9.2.1 Overview
           9.2.2 Key Operations Data
           9.2.3 Key Financials
           9.2.4 Product And Service Offerings
           9.2.5 Related Developments
    9.3 Schlumberger Limited.
           9.3.1 Overview
           9.3.2 Key Operations Data
           9.3.3 Key Financials
           9.3.4 Product And Service Offerings
           9.3.5 Related Developments
    9.4 Weatherford International Ltd
           9.4.1 Overview
           9.4.2 Key Operational Data
           9.4.3 Key Financial Data
           9.4.4 Product And Service Offerings
           9.4.5 Related Developments
    9.5 National Oilwell Varco
           9.5.1 Overview
           9.5.2 Key Operatinal Data
           9.5.3 Key Financial
           9.5.4 Product And Service Offerings
           9.5.5 Related Developments

List of Tables (44 Tables)

Table 1 Global Drilling Waste Management Market Size, 2013 (USD Million)
Table 2 Europe Drilling Waste Manegement Market, 2013 (USD Million)
Table 3 Europe Drilling Waste Management Market : Macro Indicators, By Country, 2013
Table 4 Drilling Waste Management Market: Comparison  With Parent Market, 2013 – 2019 (USD Million)
Table 5 Europe Drilling Waste Management Market: Drivers And Inhibitors
Table 6 Europe Drilling Waste Management Market, By Application,  2013 - 2019 (USD Million)
Table 7 Europe Drilling Waste Management Market, By Geography, 2013 - 2019 (USD Million)
Table 8 Europe Drilling Waste Manageemnt Market, By Services,  2013 - 2019 (USD Million)
Table 9 Europe Drilling Waste Management Market: Comparison With Application Markets, 2013 - 2019 (USD Million)
Table 10 Europe Drilling Waste Management Market, By Application,  2013 - 2019 (USD Million)
Table 11 Europe Drilling Waste Management Market, By Application, 2013-2014 (USD Million)
Table 12 Europe Drilling Waste Management Market in Onshore, By Country, 2013 - 2019 (USD MN)
Table 13 Europe Drilling Waste Management in Offshore, By Country, 2013 - 2019 (USD Million)
Table 14 Europe Drilling Waste Management Market, By Service,  2013 - 2019 (USD Million)
Table 15 Europe Drilling Waste Management Market: Services Comparison With Parent Market, 2013–2019 (USD Million)
Table 16 Europe Treatment & Disposal Market, By Country,  2013–2019 (USD Million)
Table 17 Europe Solid Control Services Market, By Coutry,  2013 - 2019 (USD Million)
Table 18 Europe Containment & Handling Market, By Country, 2013 - 2019 (USD Million)
Table 19 Europe Drilling Waste Management Market, By Country,  2013 - 2019 (USD Million)
Table 20 Russia Drilling Waste Management Market, By Application,  2013-2019 (USD Million)
Table 21 Russia Drilling Waste Management Market, By Service, 2013 - 2019 (USD Million)
Table 22 Norway Drilling Waste Management Market, By Application,  2013 - 2019 (USD Million)
Table 23 Norway Drilling Waste Management Market, By Service, 2013 - 2019 (USD MN)
Table 24 U.K. Drilling Waste Management Market, By Application,  2013 - 2019 (USD Million)
Table 25 U.K. Drilling Waste Management: Market, By Service, 2013 - 2019 (USD Million)
Table 26 Drilling Waste Management Market: Company Share Analysis, 2013 (%)
Table 27 Europe Drilling Waste Managemnt: Mergers & Acquisitions
Table 28 Europe Drilling Waste Management Market: New Contracts
Table 29 Europe Drilling Waste Management Market: Investments
Table 30 Europe Drilling Waste Management Market: Other Expansions
Table 31 Baker Hughes Incorporated: Key Operating Data, 2008 - 2013 (USD Millon)
Table 32 Baker Hughes Incorporated.: Revenue By Business Segment, 2009 - 2013 (USD Millon)
Table 33 Baker Hughes Incorporated.: Revenue By Geographical Segment, 2009 - 2013 (USD Millon)
Table 34 Halliburton Company: Key Operations Data, 2009 - 2013 (USD Millon)
Table 35 Halliburton Company.: Key Financials, By Business Segment, 2009 - 2013 (USD Millon)
Table 36 Halliburton Company.: Key Financials, By Geographical Segment, 2009 - 2013 (USD Millon)
Table 37 Schlumberger Limited: Key Operations Data,  2009 - 2013 (USD Millon)
Table 38 Schlumberger Limited: Key Financials, By Business Segment 2009 - 2013 (USD MN)
Table 39 Weatherford International Ltd.: Key Financials, 2009 - 2013 (USD Millon)
Table 40 Weatherford International Ltd.: Key Financials, By Business Segment 2009 - 2013 (USD Millon)
Table 41 Weatherford International Ltd.: Key Financials, By Geographical Segment 2009 - 2013 (USD Millon)
Table 42 National Oilwell Varco: Operational Data, 2009 - 2013 (USD Millon)
Table 43 National Oilwell Varco: Key Financials, By Business Segment 2009 - 2013 (USD Millon)
Table 44 National Oilwell Varco: Key Financials, By Country Segment 2009 - 2013 (USD Millon)

List of Figures (46 Figures)

Figure 1 European Drilling Waste Management Market: Segmentation & Coverage
Figure 2 Drilling Waste Management Market: Integrated Ecosystem
Figure 3 Research Methodology
Figure 4 Top-Down Approach
Figure 5 Bottom-Up Approach
Figure 6 Demand Side Approach
Figure 7 Macro Indicator-Based Approach, 2013
Figure 8 Europe Drilling Waste Management Market Snapshot
Figure 9 Drilling Waste Management Market: Growth Aspects
Figure 10 Europe Drilling Waste Management Market: Comparison With Parent Market
Figure 11 Europe Drilling Waste Management Market, By Application, 2014 vs 2019
Figure 12 Europe Drilling Waste Management Services, By Country, 2013 (USD Million)
Figure 13 Demand Side Analysis
Figure 14 Drilling Waste Management: Application Market Scenario
Figure 15 Europe Drilling Waste Management Market, By Application, 2014 - 2019 (USD Millon)
Figure 16 Europe Drillng Waste Management Market in Onshore, By Country, 2013 - 2019 (USD Million)
Figure 17 Europe Drilling Waste Management Market in Offshore, By Country, 2013 - 2019 (USD Million)
Figure 18 Sneak View: Europe Drilling Waste Managemnt Market ,2014 (USD Million)
Figure 19 Europe Drilling Waste Management Market, By Service, 2013 - 2019 (USD Million)
Figure 20 Europe Drilling Waste Management Market: Services Comparison With European Drilling Services Market, 2013–2019 (USD Million)
Figure 21 Europe Treatment & Disposal Market, By Country, 2013–2019 (USD Million)
Figure 22 Europe Solid Control Services Market, By Country, 2013 - 2019 (USD Million)
Figure 23 Europe Containment & Handling Market, By Country, 2013 - 2019 (USD Million)
Figure 24 Europe Drilling Waste Management Market: Growth Analysis, By Geography, 2014-2019 (USD Million)
Figure 25 Russia Drilling Waste Management Market Overview, 2014 & 2019 (%)
Figure 26 Russia Drilling Waste Management Market, By Application,  2013-2019 (USD Million)
Figure 27 Russia Drilling Waste Management Market: Application Snapshot
Figure 28 Russia Drilling Waste Management Market, By Service, 2013 - 2019 (USD Million)
Figure 29 Russia Drilling Waste Management Market Share, By Service, 2014-2019 (%)
Figure 30 Norway Drilling Waste Management Market Overview, 2014 & 2019 (%)
Figure 31 Norway Drilling Waste Management Market, By Application, 2013-2019 (USD Million)
Figure 32 Norway Drilling Waste Management Market: Application Snapshot
Figure 33 Norway Drilling Waste Management Market, By Service, 2013 - 2019 (USD Million)
Figure 34 Norway Drilling Waste Management Market Share, By Services, 2013-2019 (%)
Figure 35 U.K. Drilling Waste Management Market Overview, 2014 & 2019 (%)
Figure 36 U.K. Drilling Waste Management Market, By Application, 2013 - 2019 (USD Million)
Figure 37 U.K. Drilling Waste Management Market: Application Snapshot
Figure 38 U.K. Drilling Waste Management Market, By Service, 2013 - 2019 (USD Million)
Figure 39 U.K. Drilling Waste Management Market: Type Snapshot
Figure 40 Drilling Waste Management Market: Company Share Analysis, 2013 (%)
Figure 41 Drilling Waste Managment: Company Product Coverage,  By Type, 2013
Figure 42 Baker Hughes Incorporat6ed: Reveue Mix, 2013 (%)
Figure 43 Halliburton Company Revenue Mix, 2013 (%)
Figure 44 Schlumberger Limited Revenue Mix, 2013 (%)
Figure 45 Weatherford International Ltd. Revenue Mix, 2013 (%)
Figure 46 National Oilwell Varco, Revenue Mix, 2013 (%)

Drilling processes in the oil & gas industry usually generate two primary types of wastes, drill cuttings, and used drilling fluids. Most of these wastes associated with oil & gas drilling activities can cause significant hazards to the environment. Hence, to minimize the impact on the environment, these wastes need to be effectively treated and disposed. Universally, countries have employed various regulatory measures to tackle this challenge. The methods used to store, mix-bury-cover, land-spread, and biodegrade drilling waste require extensive drilling waste management and significant land disturbance, along with other licensees.

The waste management hierarchy lays out a preferred methodology of waste management options. Source reduction is the first and most favored option. Recycling is the second preferred option in the waste management hierarchy. Treatment and disposal, which are at the bottom of the hierarchy, are the least preferred options in waste management. Globally, oil & gas operators follow a three-tiered waste management hierarchy to control and manage drilling wastes, in the most eco-friendly manner possible.

In recent years, high growth has been observed in drilling waste management due to increasing environmental concerns and regulatory norms imposed by the government. Key services include solid control, containment & handling, treatment & disposal activities for safe discharge of drilling waste generated.

Strict environmental compliance is forcing operators to implement cost-efficient waste management practices and treatments, which need to be addressed and match safe disposal policies. The ongoing and upcoming developments in offshore drilling and upcoming shale exploration and production activities are high opportunity areas for the drilling waste management services market.

The drilling waste management market in Europe was valued at $1,037.1 million in 2014, and is projected to grow at a CAGR of 4.2% from 2014 and 2019 to reach market size of $1,273.6 million by 2019. Russia commanded the largest share of 78.4% in this market in 2013, and is expected to reach a value of $960.5 million by 2019, at a CAGR of 3.4% from 2014 to 2019.

An in-depth market share analysis, by revenue, of the 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. Top market players that have established their base in the European drilling waste management market are Schlumberger Ltd. (U.S.), Halliburton (U.S.), and National Oilwell Varco (U.S.).