Westwood’s Global Oilfield Equipment Market Forecast offered unique insights into more than 50 equipment types across the onshore upstream oil and gas sector. Drawing on Westwood’s proprietary land rigs and upstream infrastructure databases, the report analysed global expenditure on new equipment, replacements and servicing.
Key equipment segments included:
- Artificial Lift
- Conveyance Tools (coil tubing, wireline)
- Downhole Drilling Equipment
- Lower Completion (packers, liners)
- Surface Pumping (frac manifolds, frac pumps, cement pumps)
- Tubular Goods (OCTG)
- Pumps, Pressure & Flow Control
- Valves & Actuators
- Rigs & Rig Equipment
The forecast methodology incorporated the latest macroeconomic trends, including commodity prices, inflation, supply chain pressures and daily updated market data.
- Methodology
- Global Analysis
- Artificial Lift
- Conveyancing Tools
- Downhole Drilling Equipment
- Lower Completion
- Surface Pumping
- Tubular Goods
- Pumps, Pressure & Flow Control
- Valves & Actuators
- Rigs & Rig Equipment
- Appenix
This report is no longer published as a standard product. However, Westwood can undertake bespoke studies tailored to your specific requirements. Please complete the form below and a member of our team will be in touch to discuss your objectives and reporting requirements.







