Europe Oilfield Equipment Rental Market By Type (Drilling Equipment, Pressure and Flow Control Equipment, Fishing Equipment and Others), by Application (Onshore and Offshore) & by Country Analysis and Forecast to 2019

The purpose of this report is to cover the definition, description, and forecast of the European oilfield equipment rental market. It involves analysis of the market segmentation, which is based on equipment, type, pressure & flow control equipment and country. 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 oilfield equipment rental market, in terms of equipment, has been segmented into drilling equipment, pressure & flow control equipment, fishing equipment and other equipment.

The oilfield equipment is required by the oilfield operators to extract oil and gas from the reservoirs. This equipment is taken on rent or lease by oilfield operators, with the view to reduce the capital expenditure of the operator.

Increase in the number of drilling activities worldwide, due to rising demand of energy, and a tendency of the operator to rent the equipment rather than buying favors renting of the oilfield equipment. These factors drive the growth of oilfield equipment rental market. However, customized demand by drillers for the equipment, rising cost for material, and equipment heavy capital expenditure on the manufacturing of equipment are the key factors restraining the growth of the oilfield rental equipment market.

The European oilfield equipment rental market was valued at $4,917 million in 2014 and is projected to reach a market size of $6,377 million by 2019 at a CAGR of 5.3% from 2014 to 2019.

The drilling equipments market accounted for the largest market share of 63.9% within the oilfield equipment rental market in 2014. The pressure & flow control equipments held market share of 18.7% in 2014 and is projected to grow at a CAGR of 5.6% from 2014-2019.

The major companies operating in this Europe oilfield equipment rental market are Halliburton Co. (U.S.), Oil States International Inc. (U.S.), Schlumberger Limited (U.S.), Superior Energy Services, Inc. (U.S.), and Weatherford International Ltd. (Ireland).

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 Europe oilfield equipment rental 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 the Study
    1.2 Market Segmentation & Coverage
    1.3 Stakeholders

2 Research Methodology (Page No. - 12)
    2.1 Integrated Ecosystem of Oilfield Equipment Rental Market
    2.2 Arriving at the Oilfield Equipment Rental 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. - 19)

4 Market Overview (Page No. - 21)
    4.1 Introduction
    4.2 Europe Oilfield Rental Equipment Market: Comparison With Parent Market
    4.3 Market Drivers and Inhibitors
    4.4 Key Market Dynamics
    4.5 Demand Side Analysis

5 Europe Oilfield Equipment Rental Market, By Application (Page No. - 27)
    5.1 Introduction
    5.2 Oilfield Equipment Rental in Onshore, By Country
    5.3 Oilfield Equipment Rental in Offshore, By Country

6 Europe Oilfield Equipment Rental Market, By Type (Page No. - 32)
    6.1 Introduction
    6.2 Europe Oilfield Equipment Rental Market, Type Comparison With Oilfield Services Market
    6.3 Europe Drilling Equipment Market, By Country
    6.4 Europe Pressure & Flow Control Equipment Market, By Country
    6.5 Europe Fishing Equipment Market, By Country

7 Europe Oilfield Equipment Rental Market, By Country (Page No. - 40)
    7.1 Introduction
    7.2 Russian Federation Oilfield Equipment Rental Market
           7.2.1 Russian Federation Oilfield Equipment Rental Market, By Application
           7.2.2 Russian Federation Oilfield Equipment Rental Market, By Type
    7.3 Norway Oilfield Equipment Rental Market
           7.3.1 Norway Oilfield Equipment Rental Market, By Application
           7.3.2 Norway Oilfield Equipment Rental Market, By Type
    7.4 U.K. Oilfield Equipment Rental Market
           7.4.1 U.K. Oilfield Equipment Rental Market, By Application
           7.4.2 U.K. Oilfield Equipment Rental Market, By Type
    7.5 Kazakhstan Oilfield Equipment Rental Market
           7.5.1 Kazakhstan Oilfield Equipment Rental Market, By Application
           7.5.2 Kazakhstan Oilfield Equipment Rental Market, By Type

8 Europe Oilfield Equipment Rental: Competitive Landscape (Page No. - 56)
    8.1 Europe Oilfield Equipment Rental Market: Company Share Analysis
    8.2 Mergers & Acquisitions
    8.3 New Technology
    8.4 New Service
    8.5 Europe Oilfield Equipment Rental Market: Alliance

9 Europe Oilfield Equipment Rental Market, By Company (Page No. - 60)
(Overview, Financials, Products & Services, Strategy, and Developments)*
    9.1 Weatherford International
    9.2 Schlumberger Ltd.
    9.3 Superior Energy Services Co.
    9.4 Oil States International Inc.
*Details on Overview, Financials, Product & Services, Strategy, and Developments Might Not be Captured in Case of Unlisted Company

10 Appendix (Page No. - 78)
     10.1 Customization Options
             10.1.1 Products & Services Benchmarking Analysis
             10.1.2 Regulatory Framework
             10.1.3 Impact Analysis
             10.1.4 Current Industry Challenges
             10.1.5 Historical Data & Trends
             10.1.6 Oilfield 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 (42 Tables)

Table 1 Global Oilfield Rental Equipment Services Peer Market Size, 2014 (USD MN)
Table 2 Europe Oilfield Rental Equipment Services Application Market, 2013 (USD MN)
Table 3 Europe Oilfield Equipment Rental Services Market: Macro Indicator, By Country, 2013
Table 4 Europe Oilfield Rental Equipment Market: Comparison With Parent Market, 2013 – 2019 (USD MN)
Table 5 Europe Oilfield Rental Equipment Market: Drivers and Inhibitors
Table 6 Europe Oilfield Rental Equipment Market, By Application, 2013 - 2019 (USD MN)
Table 7 Europe Oilfield Rental Equipment Market, By Type, 2013 - 2019 (USD MN)
Table 8 Europe Oilfield Rental Equipment Market, By Country, 2013 - 2019 (USD MN)
Table 9 Europe Oilfield Rental Equipment Market: Comparison With Application Markets, 2013 - 2019 (USD MN)
Table 10 Europe Oilfield Equipment Rental Market, By Application, 2013 - 2019 (USD MN)
Table 11 Europe Oilfield Equipment Rental in Onshore, By Country, 2014 - 2019 (USD MN)
Table 12 Europe Oilfield Equipment Rental in Offshore, By Country, 2013 - 2019 (USD MN)
Table 13 Europe Oilfield Equipment Rental Market, By Type, 2013 - 2019 (USD MN)
Table 14 Europe Oilfield Equipment Rental Market: Type Comparison With Parent Market, 2013–2019 (USD MN)
Table 15 Europe Drilling Equipment Market, By Country, 2013–2019 (USD MN)
Table 16 Europe Drilling Equipment Market, By Type, 2013–2019 (USD MN)
Table 17 Europe Pressure & Flow Control Equipment Market, By Country, 2013 - 2019 (USD MN)
Table 18 Europe Pressure & Flow Control Equipment Market, By Type, 2013 - 2019 (USD MN)
Table 19 Europe Fishing Equipment Market, By Country, 2013 - 2019 (USD MN)
Table 20 Europe Oilfield Equipment Rental Market, By Country, 2013 - 2019 (USD MN)
Table 21 Russian Federation Oilfield Equipment Rental Market, By Application, 2013-2019 (USD MN)
Table 22 Russian Federation Oilfield Equipment Rental Market, By Type, 2013 - 2019 (USD MN)
Table 23 Norway Oilfield Equipment Rental Market, By Application, 2013 - 2019 (USD MN)
Table 24 Norway Oilfield Equipment Rental Market, By Type, 2013 - 2019 (USD MN)
Table 25 U.K. Oilfield Equipment Rental Market, By Application, 2013 - 2019 (USD MN)
Table 26 U.K. Oilfield Equipment Rental: Market, By Type, 2013 - 2019 (USD MN)
Table 27 Kazakhstan Oilfield Equipment Rental Market, By Application, 2013 - 2019 (USD MN)
Table 28 Kazakhstan Oilfield Equipment Rental Market: Market, By Type, 2013 - 2019 (USD MN)
Table 29 Oilfield Equipment Rental Market: Company Share Analysis, 2013 (%)
Table 30 Europe Oilfield Equipment Rental Market: Mergers & Acquisitions
Table 31 Europe Oilfield Equipment Rental Market: New Technology
Table 32 Europe Oilfield Equipment Rental Market: New Services
Table 33 Key Financials, 2009 - 2013 (USD MN)
Table 34 Net Sales, By Business Segment, 2009-2013 (USD MN)
Table 35 Net Sales, By Geographical Segment, 2009-2013 (USD MN)
Table 36 Schlumberger: Key Financials, 2009-2013 (USD MN)
Table 37 Schlumberger: Market Revenue, By Business Segment, 2010-2013 (USD MN)
Table 38 Schlumberger: Market Revenue, By Geography, 2010 – 2013 (USD MN)
Table 39 Superior Energy Services Co. : Key Financials, 2009 - 2013 (USD MN)
Table 40 Superior Energy Services Co.: Business Revenue, 2009-2013 (USD MN)
Table 41 Superior Energy Services Co.: Geographical Revenue, 2009-2013 (USD MN)
Table 42 Oil State International Inc.: Key Financials, 2009 - 2013 (USD MN)

List of Figures (46 Figures)

Figure 1 Europe Oilfield Rental Equipment Market: Segmentation & Coverage
Figure 2 Oilfield Rental Equipment 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
Figure 8 Europe Oilfield Rental Equipment Market Snapshot
Figure 9 Europe Market: Growth Aspects
Figure 10 Europe Oilfield Rental Equipment Market, By Application, 2014 & 2019
Figure 11 Europe Oilfield Rental Equipment Market, By Country, 2014 (USD MN)
Figure 12 Europe Oilfield Equipment Rental Market: Application Market Scenario
Figure 13 Europe Oilfield Equipment Rental Market, By Application, 2014 - 2019 (USD MN)
Figure 14 Europe Oilfield Equipment Rental Market in Onshore, By Country, 2014 - 2019 (USD MN)
Figure 15 Europe Oilfield Equipment Rental Market in Offshore, By Country, 2013 - 2019 (USD MN)
Figure 16 Europe Oilfield Equipment Rental Market, By Type, 2013 - 2019 (USD MN)
Figure 17 Europe Oilfield Equipment Rental Market: Type Comparison With Oilfield Services Market, 2013–2019 (USD MN)
Figure 18 Europe Drilling Equipment Market, By Country, 2013–2019 (USD MN)
Figure 19 Europe Drilling Equipment Market, By Type, 2013–2019 (USD MN)
Figure 20 Europe Pressure & Flow Control Equipment Market, By Country, 2013 - 2019 (USD MN)
Figure 21 Europe Pressure & Flow Control Equipment Market, By Type, 2013 - 2019 (USD MN)
Figure 22 Europe Fishing Equipment Market, By Country, 2013 - 2019 (USD MN)
Figure 23 Europe Oilfield Equipment Rental Market: Growth Analysis, By Country, 2013-2019 (USD MN)
Figure 24 Russian Federation Oilfield Equipment Rental Market Overview, 2014 & 2019
Figure 25 Russian Federation Oilfield Equipment Rental Market, By Application, 2013-2019 (USD MN)
Figure 26 Russian Federation Oilfield Equipment Rental Market: Application Snapshot
Figure 27 Russian Federation Oilfield Equipment Rental Market, By Type, 2013 - 2019 (USD MN)
Figure 28 Russian Federation Oilfield Equipment Rental Market Share, By Type, 2014-2019
Figure 29 Norway Oilfield Equipment Rental Market Overview, 2014 & 2019
Figure 30 Norway Oilfield Equipment Rental Market, By Application, 2013-2019 (USD MN)
Figure 31 Norway Oilfield Equipment Rental Market: Application Snapshot
Figure 32 Norway Oilfield Equipment Rental Market, By Type, 2013 - 2019 (USD MN)
Figure 33 Norway Oilfield Equipment Rental Market Share, By Type, 2014-2019
Figure 34 U.K. Oilfield Equipment Rental Market Overview, 2014 & 2019
Figure 35 U.K. Oilfield Equipment Rental Market, By Application, 2013 - 2019 (USD MN)
Figure 36 U.K. Oilfield Equipment Rental Market: Application Snapshot
Figure 37 U.K. Oilfield Equipment Rental Market, By Type, 2013 - 2019 (USD MN)
Figure 38 U.K. Oilfield Equipment Rental Market: Type Snapshot
Figure 39 Kazakhstan Oilfield Equipment Rental Market Overview, 2014 & 2019
Figure 40 Kazakhstan Oilfield Equipment Rental Market, By Application, 2013 - 2019 (USD MN)
Figure 41 Kazakhstan Oilfield Equipment Rental Market: Application Snapshot
Figure 42 Kazakhstan Oilfield Equipment Rental Market, By Type, 2013 - 2019 (USD MN)
Figure 43 Kazakhstan Oilfield Equipment Rental Market: Type Snapshot
Figure 44 Oilfield Equipment Rental Market: Company Share Analysis, 2013 (%)
Figure 45 Weatherford Revenue Mix, 2013 (%)
Figure 46 Superior Energy Services Co., Revenue Mix, 2013 (%)

Most oilfield equipment are expensive. It is better for the companies to rent instead of purchasing them. Renting provides significant savings over capital investment and helps in curtailing the inventory costs as well as the infrastructure to store the same. It also minimizes downtime, and hence the capital can be utilized for more profitable ventures.

The European oilfield rental equipment market is projected to exhibit very high growth on account of rising oil & gas prices and increased exploration and production E&P activities, influenced by rising energy demand.

The oilfield equipment rental market in Europe was valued at $4,917 million in 2014, and is projected to reach $6,377 million by 2019 at a CAGR of 5.3% from 2014 and 2019. The market in Russia accounted for the largest share of 47.9% in this market in 2014, and is expected to reach a value of $3,019 million by 2019, at a CAGR of 5.1% from 2014 to 2019.

The oilfield rental industry is very fragmented, and offers opportunities for consolidation. As a result, several major merger & acquisition activities have been taking place in the industry, as well as subsidiary formation by big players for the purpose of renting. In this industry, most of the players are very small and are local rental companies.

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 Europe Oilfield Rental market are Halliburton Co. (U.S.), Oil States International Inc. (U.S.), Schlumberger Ltd (U.S.), Superior Energy Services Inc. (U.S.), and Weatherford International Ltd. (Ireland).