Jan 9, 2018   SOURCE: PR NewsWire

The global Land Drill Rigs market will see a capital expenditure (CAPEX) of $2,823.7 mn in 2017

NEW YORK, Jan. 9, 2018 /PRNewswire/ -- Read the full report: https://www.reportlinker.com/p05273328



Report Details

    --  Visiongain has calculated that the global Land Drill Rigs market will
        see a capital expenditure (CAPEX) of $2,823.7 mn in 2017. Read on to
        discover the potential business opportunities available.
    --  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.
    --  However, 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.
    --  Visiongain's global Land Drill Rigs market report can keep you informed
        and up to date with the developments in the market, across six different
        regions: North America, Europe, Middle East, Africa, Asia Pacific and
        South America.
    --  With reference to this report, it details the key investments trend in
        the global market, subdivided by regions, capital expenditure, rig type
        and power. Through extensive secondary research and interviews with
        industry experts, visiongain has identified a series of market trends
        that will impact the Land Drill Rigs market over the forecast timeframe.


The report will answer questions such as:
- How is global the land drill rigs market evolving?
- What is driving and restraining the land drill rigs market?
- What are the market shares of each segment of the overall land drill rigs market in 2017?
- How will each land drill rig submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2027?
- How will the market shares for each land drill rigs submarket develop from 2017 to 2027?
- Which individual technologies will prevail and how will these shifts be responded to?
- What will be the main driver of the overall market from 2017 to 2027?
- How will political and regulatory factors influence the regional markets and submarkets?
- Will leading national land drill rigs markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2027 and which geographical region will lead the market in 2027?
- Who are the leading players and what are their prospects over the forecast period?
- What are the predictions for M&A activity, consolidation for existing players and the potential prospects for new market entrants?
- How will the industry evolve during the period between 2017 and 2027?

Five Reasons Why You Must Order and Read This Report Today:

1) The report provides forecasts for the global Land Drill Rigs market, by Rig Type for the period 2017-2027
- Mobil Rig CAPEX 2017-2027
- Conventional Rig CAPEX 2017-2027

2) The report also forecasts and analyses the Land Drill Rigs market by Power from 2017-2027
- Less than 1500 hp CAPEX 2017-2027
- 1500 hp to 2500 hp CAPEX 2017-2027
- More than 2500 hp CAPEX 2017-2027

3) The report reveals where and how companies are investing in Land Drill Rigs. We show you the prospects for the following regions, including individual breakdowns by Rig Type and Power:

Africa:
- Nigeria CAPEX 2017-2027
- Algeria CAPEX 2017-2027
- Angola CAPEX 2017-2027
- Rest of Africa CAPEX 2017-2027

Asia Pacific:
- India CAPEX 2017-2027
- China CAPEX 2017-2027
- Indonesia CAPEX 2017-2027
- Rest of Asia-Pacific CAPEX 2017-2027

North America:
- U.S. CAPEX 2017-2027
- Canada CAPEX 2017-2027
- Mexico CAPEX 2017-2027

Europe:
- Russia CAPEX 2017-2027
- Kazakhstan CAPEX 2017-2027
- UK CAPEX 2017-2027
- Rest of Europe CAPEX 2017-2027

South America:
- Brazil CAPEX 2017-2027
- Argentina CAPEX 2017-2027
- Rest of South America CAPEX 2017-2027

Middle East:
- UAE CAPEX 2017-2027
- Saudi Arabia CAPEX 2017-2027
- Kuwait CAPEX 2017-2027
- Iran CAPEX 2017-2027
- Rest of Middle East CAPEX 2017-2027

4) The report includes Details of Recent Developments including company Mergers and Acquisitions Land Drill Rigs market
- Date
- Approach
- Details

5) The report provides market share and detailed profiles of the leading companies operating within the Land Drill Rigs market:
- 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



Read the full report: https://www.reportlinker.com/p05273328

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