oil and gas directional drilling companies

This market covers outsourced drilling services sold on a contract basis to oil and gas extraction companies and does not include any in-house drilling services of oil and gas extraction companies. The oil and gas wells drilling services market consists of sales of oil and gas wells drilling services by entities (organizations, sole traders or partnerships) that undertake oil and gas wells drilling services for others on a contract or fee basis.The oil and gas wells drilling services industry includes contractors specializing in spudding in, drilling in, redrilling, and directional drilling. The market is expected to reach $154.62 billion in 2026 at a CAGR of 6.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global oil and gas wells drilling services market is expected to grow from $112.66 billion in 2021 to $121.03 billion in 2022 at a compound annual growth rate (CAGR) of 7.4%. New York, Ma(GLOBE NEWSWIRE) - announces the release of the report 'Oil And Gas Wells Drilling Services Global Market Report 2022'. , Weatherford International plc, Nabors Industries Ltd. , Halliburton, China Oilfield Services Ltd. Major companies in the oil and gas wells drilling services market include Baker Hughes Co, Schlumberger Ltd.

Oil and gas directional drilling companies