07 August 2017
Visiongain’ has launched a new energy report Global Land Drill Rigs Market Analysis to 2027: Forecasts By Rig Type (Conventional Rigs & Mobile Rigs), By Power (<1500 Hp, 1500–2500 Hp, and >2500 Hp) AND By Region PLUS Profiles of Leading Companies in the Land Drill Rigs Market
Drilling rigs play an important role while producing hydrocarbons from different types of wells. Around 70% hydrocarbon production comes from onshore oil and gas fields while the remaining 30% is contributed by offshore fields.
Drill rigs are versatile equipment used for the drilling a hole in the earth’s surface to extract hydrocarbons. New oil fields are discovered every year to meet the increasing energy demand and consumption.
Crude oil price continues to fluctuate, but the fall of crude oil price in 2015 hit the oil and gas industry hard. The oil price downturn and subsequent reduction in drilling activity have had a severe impact on the global land drill rig market. Depleting hydrocarbons and its harmful environmental impacts are also creating a restraint to the oil and gas drilling rigs market.
The visiongain report analyst commented “increased primary energy demand and along with increased production of oil and gas are the main drivers of the land drill rigs market. Advancement in technologies related to oil field discovery, oil drilling is expected to create the demand for the global land drill rigs market.”
Leading companies featured in the report who are developing Land Drill Rigs include KCA Deutag, Nabors Industries Ltd., Cactus Drilling Company, LLC, SDP Services Ltd., Drillmec Inc., Marriott Drilling Ltd., China Oilfield Services Ltd., Helmerich & Payne, Inc, Parker Drilling & Patterson-UTI Energy, Inc
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to email@example.com or call her on +44 (0) 207 336 6100
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
Vibration, displacement, and mechanical sources (including biomechanical and electrostatic) comprise the most diverse and the most potent of all energy sources. Solar and PV energy harvesting is advanced in comparison to the harvesting of other sources in terms of the technology’s maturity and commercialization. Aggressive price reductions by stakeholders will play a role in the sustenance of leadership and a faster-than-average growth rate.
17 April 2021
VPP is a relatively new yet appealing idea that requires extensive study in order to be implemented. This paper offers a systematic overview of the literature on various VPP meanings, elements, and their relationships. An analysis of various optimization strategies seeks to enhance either the VPP structure or the VPP operation under consideration.
16 April 2021
Governments from various regions are introducing initiatives to control the growth of pollution. Developed and developing countries’ governments are estimated to implement objectives, regulations, and favorable policies for electric vehicle deployment and its demand.
09 April 2021
Growing implementation of test benches in various industrial applications, such as semiconductor and electronics, industrial manufacturing, and automotive are primarily influencing the market’s growth in the coming years.