Offshore Drilling Market By Services (Contract Drilling, Directional Drilling, Logging While Drilling), Applications (Shallow Water, Deepwater, Ultra-Deepwater) And Geography-Global Trends & Forecasts To 2018

NEW YORK, July 8, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Offshore Drilling Market By Services (Contract Drilling, Directional Drilling, Logging While Drilling), Applications (Shallow Water, Deepwater, Ultra-Deepwater) And Geography-Global Trends & Forecasts To 2018

http://www.reportlinker.com/p01516537/Offshore-Drilling-Market-By-Services-Contract-Drilling-Directional-Drilling-Logging-While-Drilling-Applications-Shallow-Water-Deepwater-Ultra-Deepwater-And-Geography-Global-Trends--Forecasts-To-2018.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Oil_and_Gas_energy

The growing demand for energy coupled with increasing investment in offshore exploration activities will drive the global market to $121.1 billion by 2018, growing at a CAGR of 10.6% from 2013 to 2018. Asia-Pacific, with its thriving economies and rapidly increasing energy consumption, is expected to experience the highest revenue growth during the next five years.

The factors that drive growth in the market are sustained high oil prices, increased investment from oil and gas operators, and a surge in deep and ultra-deepwater activities. The maturity of onshore oil reserves now shifts the focus of operator companies towards deep water offshore areas. The mount in deepwater and ultra deep-water activities for the oil hunt is now increases offshore production. The operators are interested in investing a lot more in offshore oilfields to meet energy needs.

This report analyses mobile offshore drilling units by types and geography. In terms of offshore drilling services, this report analyses the services market by types of services, geography and application areas. In terms of geography, the report is segmented into Asia-Pacific, Europe, the Middle East, Africa, North America and South America. The services included in this report are offshore contract drilling, directional drilling and logging while drilling. The application areas covered in this report are shallow, deepwater and ultra-deepwater. In order to provide a deeper understanding of the competitive landscape, the report profiles 19 companies in the offshore drilling services market which combines manufacturers as well as service providers.

Among these services, offshore contract drilling holds the biggest share with 78% of the total revenue in 2012. Coupled with increasing day rates and record backlog orders, offshore contract drilling companies find a bright outlook and add new equipment to their fleet to provide the most versatile fleets of mobile offshore drilling units.

Other services such as directional drilling and logging while drilling, holds 18% and 4% of the total market revenue respectively in 2012.

Offshore Drilling Market Revenue, By Regions, 2011 - 2018

Offshore Drilling Market

For this report, major players in the market are identified through secondary and primary research. Based on that, their market shares are evaluated. This includes a study of the annual reports of top market players and interviews with key opinion leaders such as CEOs, Directors, and Marketing personnel.

The size of the overall market is determined by forecasting techniques based on offshore contracted rig count, day rates, and well counts in different geographical regions which are validated through primary sources. The market data is available from 2011 to 2018, growing at a CAGR of 10.6% from 2013 to 2018.

This report analyzes various marketing trends and establishes the most effective growth strategy. It identifies market dynamics such as drivers, opportunities, burning issues, and winning imperatives. Major contract drilling companies such as Transocean Ltd (Switzerland), Ensco plc (U.K.), Seadrill Ltd (Bermuda), and oilfield services companies such as Baker Hughes Inc. (U.S.), Schlumberger (U.S.), Halliburton Energy Services (U.S.), and Weatherford (Switzerland) along with others have also been profiled in this report.

Scope of the report:

On basis of services:

Contract drilling

Directional drilling

Logging while drilling

On basis of geography:

Asia-Pacific

Europe

Middle East

Africa

North America

South America

On basis of application:

Shallow water

Deepwater

Ultra-deepwater

1 INTRODUCTION 201.1 KEY TAKE AWAYS 201.2 REPORT DESCRIPTION 211.3 MARKETS COVERED 211.4 STAKEHOLDERS 211.5 RESEARCH METHODOLOGY 221.5.1 MARKET SIZE 221.5.2 KEY DATA POINTS TAKEN FROM SECONDARY SOURCES 231.5.3 KEY DATA POINTS TAKEN FROM PRIMARY SOURCES 241.5.4 ASSUMPTIONS MADE FOR THIS REPORT 242 EXECUTIVE SUMMARY 253 PREMIUM INSIGHTS 273.1 ASIA-PACIFIC DOMINATES THE GLOBAL MARKET 273.2 MAXIMUM GROWTH FOR DEEP & ULTRA-DEEPWATER MARKETS 293.3 NATIONAL OIL COMPANIES & INTERNATIONAL MAJORS DOMINATE FLOATER OPERATOR MARKET 303.4 POSITIVE RIG DEMAND STEERS OFFSHORE DRILLING 323.5 MAJOR DEMAND FOR HIGH SPECIFICATION RIGS 343.6 EXPANDING OFFSHORE RIG MARKET 354 MARKET OVERVIEW 374.1 INTRODUCTION 384.2 MARKET SEGMENTATION 384.2.1 BY SERVICES 384.2.2 BY GEOGRAPHY 394.2.3 BY APPLICATIONS 414.3 VALUE CHAIN ANALYSIS 434.3.1 EQUIPMENT MANUFACTURERS 434.3.2 SERVICE PROVIDERS 444.3.3 OIL FIELD OPERATORS 444.4 MARKET DYNAMICS 444.4.1 DRIVERS 444.4.1.1 Sustained high oil prices over the recent years, drives offshore exploration activities 444.4.1.2 Increasing energy demand from emerging economies 464.4.1.2.1 Demand & supply state of affairs of crude oil 464.4.1.2.2 Demand & supply scenario of natural gas 514.4.1.3 Increased expenditure from oil & gas companies accelerates offshore exploration activities 544.4.2 RESTRAINTS 564.4.2.1 Regulatory challenges & environmental issues 564.4.2.1.1 High environmental risks 564.4.2.2 Strict government regulations 564.4.3 OPPORTUNITIES 574.4.3.1 Focus on deep & ultra-deepwater reserves 574.4.3.2 Growing offshore E&P capex 584.5 WINNING IMPERATIVES 594.5.1 RESEARCH & DEVELOPMENT OF SPECIALIZED TOOLS AND EQUIPMENT 594.5.2 CONSOLIDATION TREND IS THE KEY IN OFFSHORE EXPLORATION 594.6 BURNING ISSUES 604.6.1 HIGH RISK BUSINESS & LACK OF TECHNICAL PROFESSIONALS 604.7 PORTER'S FIVE FORCE ANALYSIS 614.7.1 THREAT OF NEW ENTRANTS 624.7.2 THREAT OF SUBSTITUTES 634.7.3 SUPPLIERS' POWER 634.7.4 BUYERS' POWER 634.7.5 DEGREE OF COMPETITION 634.8 MARKET SHARE ANALYSIS 644.9 PATENT ANALYSIS 655 AN OVERVIEW OF THE OFFSHORE OIL & GAS INDUSTRY 675.1 INTRODUCTION 685.2 GLOBAL OFFSHORE OIL & GAS RESERVES 685.2.1 GLOBAL OFFSHORE OIL & GAS RESERVES, BY REGIONS 685.2.2 GLOBAL OFFSHORE OIL & GAS RESERVES, BY WATER DEPTHS 695.3 GLOBAL OFFSHORE OIL & GAS PRODUCTION 715.3.1 GLOBAL OFFSHORE OIL PRODUCTION 715.3.2 GLOBAL OFFSHORE GAS PRODUCTION 725.4 OFFSHORE DRILLING ACTIVITY 745.4.1 GLOBAL OFFSHORE DRILLING ACTIVITY 745.4.1.1 Asia-Pacific Offshore Drilling 755.4.1.2 Europe Offshore Drilling 765.4.1.3 Middle East Offshore Drilling 765.4.1.4 Africa Offshore Drilling 775.4.1.5 North America Offshore Drilling 785.4.1.6 South America Offshore Drilling 796 OFFSHORE DRILLING RIG MARKET 816.1 INTRODUCTION 826.1.1 DRILLSHIPS 826.1.2 SEMISUBMERSIBLES 826.1.3 JACKUPS 836.1.4 PLATFORM RIGS 836.1.5 TENDER ASSIST RIG 846.2 OFFSHORE RIG SUPPLY OVERVIEW 846.2.1 US GULF OF MEXICO (US GOM) 846.2.2 WEST AFRICA/MEDITERRANEAN REGION 856.2.3 NORTH SEA 866.2.4 MIDDLE EAST 876.2.5 SOUTH EAST ASIA/INDIA 886.2.6 SOUTH AMERICA 896.2.7 MEXICO 906.2.8 OTHERS 926.3 OFFSHORE DRILLERS' MARKET 936.3.1 OFFSHORE RIG COUNT, BY COMPANIES & TYPES 936.3.2 JACKUPS NEWBUILDS, BY COMPANIES 946.3.3 FLOATERS NEWBUILDS, BY COMPANIES 956.4 OFFSHORE RIG DEMAND GROWTH 966.4.1 JACKUP DEMAND GROWTH 966.4.2 FLOATER DEMAND GROWTH 976.5 OFFSHORE RIGS NEWBUILDS 986.5.1 JACKUP NEWBUILDS DELIVERIES 986.5.1.1 Jackup newbuild deliveries, 2013 996.5.1.2 Jackup newbuild deliveries, 2014 1036.5.1.3 Jackup newbuild deliveries, 2015 1056.5.2 DRILLSHIPS NEWBUILDS DELIVERIES 1066.5.2.1 Drillships newbuild deliveries, 2013 1076.5.2.2 Drillships newbuild deliveries, 2014 1096.5.2.3 Drillships newbuild deliveries, 2015 1116.5.2.4 Drillships newbuild deliveries, 2016+ 1126.5.3 SEMISUBMERSIBLES NEW BUILDS DELIVERIES 1146.5.3.1 Semisubmersibles' new build deliveries, 2013 1146.5.3.2 Semisubmersibles newbuild deliveries, 2014 1156.5.3.3 Semisubmersibles newbuild deliveries, 2015 1166.5.3.4 Semisubmersibles newbuild deliveries, 2016+ 1176.6 OFFSHORE RIG UTILIZATION RATE 1186.7 OFFSHORE RIG DAY RATES 1196.7.1 JACKUP DAY RATES 1196.7.2 FLOATER DAY RATES 120

7 GLOBAL OFFSHORE DRILLING MARKET, BY SERVICES 121

7.1 INTRODUCTION 122

7.1.1 GLOBAL OFFSHORE DRILLING MARKET,

BY SERVICES 122

7.2 OFFSHORE CONTRACT DRILLING 125

7.2.1 DEFINITION & DESCRIPTION 125

7.2.1.1 South America & Asia-Pacific Leads the Offshore Contract Drilling Market 125

7.3 DIRECTIONAL DRILLING 128

7.3.1 DEFINITION & DESCRIPTION 128

7.3.1.1 Increasingly Complex Drilling Projects Demand Directional Drilling 128

7.4 LOGGING WHILE DRILLING 130

7.4.1 DEFINITION & DESCRIPTION 130

7.4.1.1 Revenue Forecast 130

8 GLOBAL OFFSHORE DRILLING MARKET, BY GEOGRAPHY 132

8.1 INTRODUCTION 133

8.1.1 GLOBAL OFFSHORE DRILLING MARKET,

BY GEOGRAPHY 133

8.2 ASIA-PACIFIC OFFSHORE DRILLING MARKET 136

8.2.1 ASIA-PACIFIC OFFSHORE DRILLING MARKET,

BY SERVICES 136

8.2.2 ASIA-PACIFIC OFFSHORE DRILLING MARKET,

BY COUNTRIES 137

8.2.2.1 China & Thailand leads the growth in Asia-Pacific offshore drilling 137

8.3 EUROPE OFFSHORE DRILLING MARKET 138

8.3.1 EUROPE OFFSHORE DRILLING MARKET, BY SERVICES 138

8.3.2 EUROPE OFFSHORE DRILLING MARKET, BY COUNTRIES 139

8.3.2.1 Norway and U.K. are the major offshore countries in Europe 139

8.4 MIDDLE EAST OFFSHORE DRILLING MARKET 1408.4.1 MIDDLE EAST OFFSHORE DRILLING MARKET,BY SERVICES 1408.4.2 MIDDLE EAST OFFSHORE DRILLING MARKET,BY COUNTRIES 1418.5 AFRICA OFFSHORE DRILLING MARKET 1428.5.1 AFRICA OFFSHORE DRILLING MARKET, BY SERVICES 1428.5.2 AFRICA OFFSHORE DRILLING MARKET,BY COUNTRIES 1438.5.2.1 Emergence of East African Countries Boost Offshore Developments in Africa 1438.6 NORTH AMERICA OFFSHORE DRILLING MARKET 1448.6.1 NORTH AMERICA OFFSHORE DRILLING MARKET,BY SERVICES 1448.6.2 NORTH AMERICA OFFSHORE DRILLING MARKET,BY COUNTRIES 1458.7 SOUTH AMERICA OFFSHORE DRILLING MARKET 1468.7.1 SOUTH AMERICA OFFSHORE DRILLING MARKET,BY SERVICES 1468.7.2 SOUTH AMERICA OFFSHORE DRILLING MARKET,BY COUNTRIES 1479 GLOBAL OFFSHORE DRILLING MARKET, BY APPLICATIONS 1489.1 INTRODUCTION 1499.1.1 GLOBAL OFFSHORE DRILLING MARKET, BY APPLICATIONS 1499.2 ASIA-PACIFIC OFFSHORE DRILLING MARKET, BY APPLICATIONS 1519.3 EUROPE OFFSHORE DRILLING MARKET, BY APPLICATIONS 1529.4 MIDDLE EAST OFFSHORE DRILLING MARKET, BY APPLICATIONS 1539.5 AFRICA OFFSHORE DRILLING MARKET, BY APPLICATIONS 1549.6 NORTH AMERICA OFFSHORE DRILLING MARKET, BY APPLICATIONS 1559.7 SOUTH AMERICA OFFSHORE DRILLING MARKET, BY APPLICATIONS 156

10 COMPETITIVE LANDSCAPE 157

10.1 INTRODUCTION 157

10.2 CONTRACT AGREEMENT LEAD THE WAY 158

10.3 MERGERS & ACQUISITIONS 159

10.4 CONTRACT AGREEMENTS 161

10.5 NEW PRODUCTS AND SERVICES LAUNCH 172

10.6 OTHER DEVELOPMENTS 181

10.7 SWOT ANALYSIS 184

10.7.1 TRANSOCEAN LTD 184

10.7.2 ENSCO PLC 185

10.7.3 SEADRILL LTD 186

10.7.4 SCHLUMBERGER LTD 187

10.7.5 HALLIBURTON COMPANY 188

11 COMPANY PROFILES 189

(Overview, Financials, Products & Services, Strategy, and Developments)*

11.1 ATWOOD OCEANICS INC. 189

11.2 BAKER HUGHES INC. 193

11.3 CHINA OIL FIELD SERVICES LIMITED 199

11.4 DIAMOND OFFSHORE DRILLING INC. 203

11.5 ENSCO PLC 207

11.6 FRED. OLSEN ENERGY ASA 212

11.7 GYRODATA INC. 216

11.8 HALLIBURTON COMPANY 219

11.9 KCA DEUTAG 224

11.10 MAERSK DRILLING 227

11.11 NABORS INDUSTRIES LTD 233

11.12 NOBLE CORPORATION 236

11.13 ROWAN COMPANIES PLC 241

11.14 SCHLUMBERGER LIMITED 245

11.15 SCIENTIFIC DRILLING INTERNATIONAL 250

11.16 SEADRILL LTD 253

11.17 SUPERIOR ENERGY SERVICES 258

11.18 TRANSOCEAN LTD 261

11.19 WEATHERFORD INTERNATIONAL LTD 265

*Details on overview, financials, product & services, strategy, and developments might not be captured in case of unlisted companies.

APPENDIX 269

U.S. PATENTS 269

EUROPE PATENTS 275

LIST OF TABLES

TABLE 1 GLOBAL OFFSHORE DRILLING MARKET REVENUE, BY SERVICES,2011 – 2018 ($MILLION) 26TABLE 2 REGIONAL DOMINANCE & KEY MARKET PLAYERS 27TABLE 3 GLOBAL OFFSHORE DRILLING MARKET: GROWTH BY APPLICATIONS 29TABLE 4 JACKUP & FLOATER OPERATOR MARKET: MARKET FACTS 30TABLE 5 OFFSHORE DRILLING RIG MARKET: MARKET SCENARIO 32TABLE 6 JACKUP & FLOATER DAYRATES: MARKET SCENARIO 34TABLE 7 OFFSHORE RIG MARKET: MARKET SCENARIO 35TABLE 8 PRICE SUMMARY, WTI CRUDE & BRENT CRUDE, 2011 – 2014 ($/BARREL) 45TABLE 9 DEMAND FOR CRUDE OIL, BY GEOGRAPHY,2007 – 2011 ('000 BBL/DAY) 47TABLE 10 SUPPLY OF CRUDE OIL, BY GEOGRAPHY, 2007 – 2011 ('000 BBL/DAY) 49TABLE 11 DEMAND FOR NATURAL GAS, BY GEOGRAPHY, 2007 – 2011 (BCM) 51TABLE 12 SUPPLY OF NATURAL GAS, BY GEOGRAPHY, 2007 – 2011 (BCM) 53TABLE 13 OFFSHORE FIELDS, BY COUNTRY & WATER DEPTH (FEET) 57TABLE 14 GLOBAL OFFSHORE WELLS DRILLED, BY REGIONS, 2011 – 2013 74TABLE 15 ASIA-PACIFIC: OFFSHORE WELLS DRILLED, BY COUNTRIES,2011 – 2013 75TABLE 16 EUROPE: OFFSHORE WELLS DRILLED, BY COUNTRIES, 2011 – 2013 76TABLE 17 MIDDLE EAST: OFFSHORE WELLS DRILLED, BY COUNTRIES,2011 – 2013 77TABLE 18 AFRICA: OFFSHORE WELLS DRILLED, BY COUNTRIES, 2011 – 2013 78TABLE 19 NORTH AMERICA: OFFSHORE WELLS DRILLED, BY COUNTRIES,2011 – 2013 79TABLE 20 SOUTH AMERICA: OFFSHORE WELLS DRILLED, BY COUNTRIES,2011 – 2013 80TABLE 21 U.S. GULF OF MEXICO: MOBILE OFFSHORE DRILLING RIG COUNT,2011 – 2013 85TABLE 22 WEST AFRICA/MEDITERRANEAN: MOBILE OFFSHORE DRILLING RIG COUNT, 2011 – 2013 86TABLE 23 NORTH SEA: MOBILE OFFSHORE DRILLING RIG COUNT, 2011 – 2013 87TABLE 24 MIDDLE EAST: MOBILE OFFSHORE DRILLING RIG COUNT, 2011– 2013 88TABLE 25 SOUTH EAST ASIA/INDIA: MOBILE OFFSHORE DRILLING RIG COUNT, 2011 – 2013 89TABLE 26 SOUTH AMERICA: MOBILE OFFSHORE DRILLING RIG COUNT,2011 – 2013 90TABLE 27 MEXICO: MOBILE OFFSHORE DRILLING RIG COUNT, 2011 – 2013 91TABLE 28 OTHERS: MOBILE OFFSHORE DRILLING RIG COUNT, 2011 – 2013 92TABLE 29 OFFSHORE RIG COUNT, BY COMPANIES & TYPES, 2013 93TABLE 30 JACKUP NEWBUILDS, BY COMPANIES, 2013 – 2016+ 94TABLE 31 FLOATER NEWBUILDS, BY COMPANIES, 2013 – 2016+ 95TABLE 32 JACKUP DEMAND, BY GEOGRAPHY, 2013 – 2016 96TABLE 33 FLOATER DEMAND, BY GEOGRAPHY, 2013 – 2016 97TABLE 34 GLOBAL JACKUP NEWBUILD DELIVERIES, 2013 – 2015 98TABLE 35 GLOBAL JACKUP NEWBUILD DELIVERIES, 2013 99TABLE 36 GLOBAL JACKUP NEWBUILD DELIVERIES, 2014 103TABLE 37 GLOBAL JACKUP NEWBUILD DELIVERIES, 2015 105TABLE 38 GLOBAL DRILLSHIP NEWBUILD DELIVERIES, 2013 – 2015 106TABLE 39 GLOBAL DRILLSHIP NEWBUILD DELIVERIES, 2013 107TABLE 40 GLOBAL DRILLSHIP NEWBUILD DELIVERIES, 2014 109TABLE 41 GLOBAL DRILLSHIP NEWBUILD DELIVERIES, 2015 111TABLE 42 GLOBAL DRILLSHIP NEWBUILD DELIVERIES, 2016 112TABLE 43 GLOBAL SEMISUBMERSIBLES NEWBUILD DELIVERIES, 2013 – 2015+ 114TABLE 44 GLOBAL SEMISUBMERSIBLES NEWBUILD DELIVERIES, 2013 114TABLE 45 GLOBAL SEMISUBMERSIBLES NEWBUILD DELIVERIES, 2014 115TABLE 46 GLOBAL SEMISUBMERSIBLES NEWBUILD DELIVERIES, 2015 116TABLE 47 GLOBAL SEMISUBMERSIBLES NEWBUILD DELIVERIES, 2015 117TABLE 48 OFFSHORE RIG UTILIZATION RATE, BY TYPES, 2012 – 2013 118TABLE 49 JACKUP DAY RATES, Q1 2011 – Q4 2012 ($'000 PER DAY) 119TABLE 50 FLOATER DAY RATES, Q1 2011 – Q4 2012 ($'000 PER DAY) 120TABLE 51 GLOBAL OFFSHORE DRILLING: MARKET REVENUE, BY SERVICES,2011 – 2018 ($MILLION) 124TABLE 52 OFFSHORE CONTRACT DRILLING: MARKET REVENUE, BY GEOGRAPHY, 2011 – 2018 ($MILLION) 127TABLE 53 DIRECTIONAL DRILLING: MARKET REVENUE, BY GEOGRAPHY,2011 – 2018 ($MILLION) 129TABLE 54 LOGGING WHILE DRILLING: MARKET REVENUE, BY GEOGRAPHY,2011 – 2018 ($MILLION) 131TABLE 55 OFFSHORE DRILLING MARKET REVENUE, BY GEOGRAPHY,2011 – 2018 ($MILLION) 13

To order this report:Oil_and_Gas_energy Industry: Offshore Drilling Market By Services (Contract Drilling, Directional Drilling, Logging While Drilling), Applications (Shallow Water, Deepwater, Ultra-Deepwater) And Geography-Global Trends & Forecasts To 2018

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