DUBLIN, April 23, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/9w8z66/drilling_waste) has announced the addition of the "Drilling Waste Management Market by Services, Applications & Geography - Global Trends & Forecasts to 2018" report to their offering.
Waste management technology is a critical constituent of successful drilling and production operations. The appropriate application of waste management principles is essential for both effective drilling operations and environmental protection. Waste streams from drilling include drilling fluids and cuttings that are collected, processed, handled, transported, and disposed.
Drilling waste management is driven by high exploration and production activities, ever increasing stringent government regulations and escalating investments from the oil and gas operators. The trend is set to continue further with the current surge in offshore activities and shale reserve exploratory activities. The global drilling waste management market is therefore expected to grow to approximately $8 billion by 2018, at a CAGR of more than 10% from 2013 to 2018.
Geographically, North America and Europe are large markets that grew rapidly in the past decade. These regions are likely to continue to dominate in future. Upcoming markets include South America, the Middle East, and Africa due to recent initiation of environmental policies respectively within the regions.
This report analyzes and classifies the market by applications, services, and regions. Market split by application includes onshore and offshore activities within major regions; while the services market is categorized under solids control services, containment & handling services, and treatment & disposal services. Further, the market split by geography includes North America, South America, Asia-Pacific, and the Middle East & Africa.
The report estimates the global drilling waste management market by the intensity of drilling activities and regional and local governmental policies over the waste discharge. It highlights various key industrial issues and market impulse factors. It also describes a number of important dynamics such as drivers, restraints, and opportunities.
In order to provide a deeper understanding of the competitive landscape, the report includes profiles of some major drilling waste market participants' market, which combines manufacturers as well as service providers such as Schlumberger (U.S.), National Oilwell Varco (U.S.), Halliburton Energy Services (U.S.), Secure Energy services (U.S.), Scomi (Malaysia), Newalta (U.S.), and Baker Hughes (U.S.).
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Market Overview
5 Drilling Waste Management, An Overview
6 Drilling Waste Management, By Services
7 Drilling Waste Management, By Geography
8 Drilling Waste Management, By Applications
9 Competitive Landscape
10 Company Profiles
- Augean Plc
- Baker Hughes Inc.
- Gn Solids Control
- Halliburton Co.
- Imdex Limited
- National Oilwell Varco, Inc.
- Ridgeline Energy Services
- Scomi Group Bhd
- Secure Energy Services
- Soiltech As
- Specialty Drilling Fluids
- Step Oil Tools
- Weatherford International Ltd.
For more information visit http://www.researchandmarkets.com/research/9w8z66/drilling_waste
Media Contact: Laura Wood, +353-1-481-1716, [email protected]
SOURCE Research and Markets