If no checkboxes are ticked, all results will be returned.
» Products » World Drilling & Well Services Market Forecast 2018-2022 Q1
Currency conversions are estimated and should be used for informational purposes only.
No products in the basket.
£3,850.00 – £7,500.00
Westwood Global Energy Group’s World Drilling & Well Services Market Forecast – previously known as the World Oilfield Services Market Forecast – presents the latest view on prospects for one of the largest areas of total oilfield services expenditure.
The global drilling and well services (‘DWS’) market is expected to see a sustained recovery over 2018-2022, led by a rebound in onshore US activity, according to Westwood Global Energy Group’s latest World Drilling & Well Services Market Forecast report.
Westwood Global Energy Group’s World Drilling & Well Services Market Forecast presents the latest view on prospects for one of the largest areas of total oilfield services expenditure. The new report, now covering to 2022, shows forecast expenditure totalling $1.4 trillion and growing at a 7% CAGR.
North American DWS expenditure is expected to rise at a CAGR of 12% through to 2022, representing 52% of the global market over the forecast period. The outlook for North America is buoyed by strong activity in the US onshore plays, with the combined effect of volume and pricing growth since 2016 expected to continue through the forecast – albeit at slower rates.
Outside of North America, international DWS expenditure over 2018-2022 is expected to total approximately $668bn, with a CAGR of 1% forecast over the same period. This is due largely to a stagnation in the offshore rig & crew market, which is expected to see minimal uplift in dayrates (without significant further scrapping of older assets.) Onshore, the divestment away from mature assets in China will stunt growth, while the majority of other regions outside of North America will see annual compound growth in the low single-digits through to 2022.
For more information or purchase options, please contact Gareth Hector on;
Direct: 44 1795 594 726
Please read our full Terms & Conditions for purchase in PDF format. By purchasing any of our reports the buyer agrees to adhere to these Terms & Conditions.
Additional services: tailored to meet your company’s needs, include dedicated real-time analysis, on-site support and presentations. Please contact us to discuss further firstname.lastname@example.org or call +44 203 4799 505 for more details.
DW’s extensive offshore database and industry credentials in this area allow us to develop bespoke country-by-country analysis on the offshore helicopter services market. Please contact email@example.com for further details.
Now in its 7th edition, The World Onshore Pipelines Market Forecast from Westwood, considers the prospects for the onshore pipelines construction business
In this Market Forecast for 2017-2040, Douglas-Westwood forecasts that between 2017 and 2040, $105bn will be spent on decommissioning in Western Europe.
The World LNG Market Forecast 2017-2021 examines trends in the LNG market by region and facility type, supported by analysis, insight and industry consultation.
Building on previous versions of the Middle East & North Africa Oilfield Services Market Report, the latest edition provides a detailed country-by-country examination of oil and gas markets.
Westwood’s World Oilfield Equipment Market Forecast, now covering 2013-2022, shows a continuation of recent improvements in the oilfield equipment sector, with global expenditure expected to total $636bn over the forecast period.
Based on detailed models, the report examines each country in turn and includes a summary of hydrocarbon potential and sensitised production outlook, with associated development drilling requirements segmented into oil & gas for the onshore sector and shallow vs. deep water depths for the offshore sector. Country-by-country exploration and appraisal (E&A) drilling forecasts for both the onshore and offshore sectors are also detailed.