Report overview
The global Oilfield Services market was valued at US$ 229980 million in 2023 and is projected to reach US$ 407290 million by 2030, at a CAGR of 8.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global oilfield services key players include Schlumberger, Halliburton and Saipem. Global top three manufacturers hold a share about 27%. In terms of product, drilling services is the largest segment, with a share about 39%. And in terms of application, the largest application is onshore, with a share about 73%.
The oilfield services (or OFS) industry refers to all products and services associated with the oil and gas exploration and production process, include many technology-based services that are vital for successful field operations. Such services include locating energy sources, energy data management, drilling and formation evaluation, geological sciences, and many others.
This report aims to provide a comprehensive presentation of the global market for Oilfield Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Oilfield Services. This report contains market size and forecasts of Oilfield Services in global, including the following market information:
Global Oilfield Services Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global top five companies in 2023 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Oilfield Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Oilfield Services Market, by Type, 2019-2024, 2025-2030 ($ millions)
Global Oilfield Services Market Segment Percentages, by Type, 2023 (%)
Drilling Services
Workover & Completion Services
Production Services
Processing & Separation Services
Geophysical Services
Global Oilfield Services Market, by Application, 2019-2024, 2025-2030 ($ millions)
Global Oilfield Services Market Segment Percentages, by Application, 2023 (%)
Onshore
Offshore
Global Oilfield Services Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions)
Global Oilfield Services Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Oilfield Services revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Oilfield Services revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Schlumberger
Halliburton
Baker Hughes (GE)
Weatherford
NOV
TechnipFMC
COSL
Archer
Expro
Trican Well Service
Ranger Energy Services
Nabors
Saipem
Patterson-UTI
Liberty Oilfield Services
Helmerich & Payne
Calfrac Well Services
Key Energy Services
Transocean
Petrofrac
RPC
AlMansoori
ADES
KCA Deutag
NexTier Oilfield Solutions
Outline of Major Chapters:
Chapter 1: Introduces the definition of Oilfield Services, market overview.
Chapter 2: Global Oilfield Services market size in revenue.
Chapter 3: Detailed analysis of Oilfield Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Oilfield Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
