Oilfield Equipment Rental Marketeurope & Eurasia Market Forecast and Analysis (2013 – 2018)
Continuously rising demand for oil & gas and products derived from these, and other hydrocarbons has led to an increased emphasis by exploration and production (E&P) companies on optimizing the proficiency of extraction from maturing oilfields.
In addition, technological developments have enabled the development of non-conventional oil & gas fields which were earlier considered unviable economically. On the backdrop of high oil price, oil companies’ E&P activities will increase and is likely enhance the spending.
Most oilfield equipment are very expensive, hence it is easier for companies to rent these instead of buying. Renting provides significant savings over buying and helps in minimizing the inventory. It also significantly reduces the costs by eliminating the need for large equipment storage areas and buildings along with fitting the type and size for economy and safety. It also minimizes downtime and thus the capital can be utilized for more profitable ventures.
In this report, Oil field equipment rental market is segmented based on Equipment type and Geography. The various equipment’s of OER market are Drilling equipment’s, Pressure & Flow Control equipment’s, Fishing equipment’s and others. This study forecasts the Europe & Eurasia market of OER market till 2018.
In addition, technological developments have enabled the development of non-conventional oil & gas fields which were earlier considered unviable economically. On the backdrop of high oil price, oil companies’ E&P activities will increase and is likely enhance the spending.
Most oilfield equipment are very expensive, hence it is easier for companies to rent these instead of buying. Renting provides significant savings over buying and helps in minimizing the inventory. It also significantly reduces the costs by eliminating the need for large equipment storage areas and buildings along with fitting the type and size for economy and safety. It also minimizes downtime and thus the capital can be utilized for more profitable ventures.
In this report, Oil field equipment rental market is segmented based on Equipment type and Geography. The various equipment’s of OER market are Drilling equipment’s, Pressure & Flow Control equipment’s, Fishing equipment’s and others. This study forecasts the Europe & Eurasia market of OER market till 2018.
1 EXECUTIVE SUMMARY
2 INTRODUCTION
2.1 Objective of the study
2.2 Market Definition
2.3 Market Coverage
2.4 Stakeholders
2.5 Research Methodology
2.5.1 Approach
2.5.2 Market Size
2.5.3 Key Secondary sources
2.5.4 Key Primary sources
2.5.5 Macro Indicators affecting the market
2.6 Assumptions
2.6.1 Cost trends
2.6.2 Demand for power rental services
2.6.3 Exchange rates and currency conversion
2.6.4 Future investment trends
2.6.5 Table totals
2.6.6 Currency value
2.6.7 Company financials
3 MARKET DYNAMICS
3.1 Drivers And Restraints For Oilfield Equipment Rental Market
3.1.1 Drivers
3.1.1.1 Increasing Oil Prices Making Production of Uneconomical Fields Viable
3.1.1.2 Advancement In Technology Favors Renting
3.1.2 Restraints
3.1.2.1 Customized Demand By Drillers
3.1.2.1 Heavy Capital Expenditure
3.2 Auxilary Factors
3.2.1 Macro Indicator
3.2.2 Increasing Oil Prices Making Production Of Uneconomical Fields Viable
3.2.3 Europe Holds Third Place Globally In Terms Of Reserves
3.2.4 Demand And Supply Scenario Of Crude Oil
3.2.5 Heavy Capital Expenditure
4 OILFIELD EQUIPMET MARKET- EUROPE & EURASIA MARKET, BY EQUIPMENT, 2013 – 2018
4.1 Overview
4.2 Europe & Eurasia OER, by Equipment
4.2.1 Drilling equipment’s
4.2.2 Pressure & Flow Control equipment’s
4.2.3 Fishing equipment’s
4.2.4 Other equipment’s
5 OILFIELD EQUIPMENT RENTAL MARKET- EUROPE & EURASIA MARKET, BY GEOGRAPHY, 2013 – 2018
5.1 Overview
5.2 Europe & Eurasia OER market, by geography
5.2.1 Russian Federation
5.2.2 Norway
5.2.3 U.K.
5.2.4 Kazakhstan
5.2.5 Others
6 OILFIELD EQUIPMENT RENTAL : COMPETITIVE LANDSCAPE
6.1 Introduction
6.2 Market Share Analysis
6.3 Developments: Europe & Eurasia Region, By Companies
7 OILFIELD EQUIPMENT RENTAL - EUROPE & EURASIA, BY COMPANIES
7.1 Weatherford International
7.2 Oil States International.
7.3 Superior Energy Services
7.4 Schlumberger
2 INTRODUCTION
2.1 Objective of the study
2.2 Market Definition
2.3 Market Coverage
2.4 Stakeholders
2.5 Research Methodology
2.5.1 Approach
2.5.2 Market Size
2.5.3 Key Secondary sources
2.5.4 Key Primary sources
2.5.5 Macro Indicators affecting the market
2.6 Assumptions
2.6.1 Cost trends
2.6.2 Demand for power rental services
2.6.3 Exchange rates and currency conversion
2.6.4 Future investment trends
2.6.5 Table totals
2.6.6 Currency value
2.6.7 Company financials
3 MARKET DYNAMICS
3.1 Drivers And Restraints For Oilfield Equipment Rental Market
3.1.1 Drivers
3.1.1.1 Increasing Oil Prices Making Production of Uneconomical Fields Viable
3.1.1.2 Advancement In Technology Favors Renting
3.1.2 Restraints
3.1.2.1 Customized Demand By Drillers
3.1.2.1 Heavy Capital Expenditure
3.2 Auxilary Factors
3.2.1 Macro Indicator
3.2.2 Increasing Oil Prices Making Production Of Uneconomical Fields Viable
3.2.3 Europe Holds Third Place Globally In Terms Of Reserves
3.2.4 Demand And Supply Scenario Of Crude Oil
3.2.5 Heavy Capital Expenditure
4 OILFIELD EQUIPMET MARKET- EUROPE & EURASIA MARKET, BY EQUIPMENT, 2013 – 2018
4.1 Overview
4.2 Europe & Eurasia OER, by Equipment
4.2.1 Drilling equipment’s
4.2.2 Pressure & Flow Control equipment’s
4.2.3 Fishing equipment’s
4.2.4 Other equipment’s
5 OILFIELD EQUIPMENT RENTAL MARKET- EUROPE & EURASIA MARKET, BY GEOGRAPHY, 2013 – 2018
5.1 Overview
5.2 Europe & Eurasia OER market, by geography
5.2.1 Russian Federation
5.2.2 Norway
5.2.3 U.K.
5.2.4 Kazakhstan
5.2.5 Others
6 OILFIELD EQUIPMENT RENTAL : COMPETITIVE LANDSCAPE
6.1 Introduction
6.2 Market Share Analysis
6.3 Developments: Europe & Eurasia Region, By Companies
7 OILFIELD EQUIPMENT RENTAL - EUROPE & EURASIA, BY COMPANIES
7.1 Weatherford International
7.2 Oil States International.
7.3 Superior Energy Services
7.4 Schlumberger
LIST OF TABLES
Table 1 Macro Indicator Rig Count
Table 2 Estimated Global Upstream Capital Spending, 2010 – 2015 ($Billion)
Table 3 Average Crude Oil Prices, By Types, 2009 – 2014 ($/barrel)
Table 4 Total World Oil Reserves
Table 5 Europe: Oil Scenario, 2007 – 2011 (MMBOE)
Table 6 Russian Federation: Oil & Gas Reserves, 2007 – 2011 (MMBOE)
Table 7 Norway: Oil & Gas Reserves, 2007 – 2011 (MMBOE)
Table 8 U.K: Oil Scenario, 2007 – 2011 (MMBOE)
Table 9 Kazakhstan: Oil Scenario, 2007 – 2011 (MMBOE)
Table 10 Rest Of Europe & Eurasia: Oil Scenario, 2007 – 2011 (MMBOE)
Table 11 Demand Of Crude Oil, By Geography, 2007 - 2011 (‘000 Bbl/day)
Table 12 Change In Crude Oil Consumption, By Geography, 2007 – 2011
Table 13 Supply Of Crude Oil, By Geography, 2007 – 2011 (‘000 Bbl/day)
Table 14 Change In Crude Oil Production, By Regions, 2007 – 2011
Table 15 Oilfield Equipment Demand, By Geography, 2006 – 2016 ($Million)
Table 16 Europe & Eurasia: OER Market Revenue, By Equipment, 2013 – 2018 ($Million)
Table 17 Europe & Eurasia: Drilling Equipment Rental Market Revenue, By Types, 2013 – 2018 ($Million)
Table 18 Europe & Eurasia: P&FC Equipment Rental Market Revenue, By Types, 2013 – 2018 ($Million)
Table 19 Russian Federation: OER Market Revenue, By Equipment, 2013 – 2018 ($Million)
Table 20 Norway: OER Market Revenue, By Equipment, 2013 – 2018 ($Million)
Table 21 U.K: OER Market Revenue, By Equipment, 2013 – 2018 ($Million)
Table 22 Kazakhstan: OER Market Revenue, By Equipment, 2013 – 2018 ($Million)
Table 23 Rest Of Europe & Eurasia: OER Market Revenue, By Equipment, 2013 – 2018 ($Million)
Table 24 Europe & Eurasia: Developments
Table 25 Weatherford International: Products & Services
Table 26 Weatherford International: Financials
Table 27 Oil States International: Products & Services
Table 28 Oil States International: Financials ($Million)
Table 29 Superior Energy Services: Products & Services
Table 30 Superior Energy Services: Products & Services
Table 31 Schlumberger: Products & Services
Table 32 Schlumberger: Products & Services
Table 1 Macro Indicator Rig Count
Table 2 Estimated Global Upstream Capital Spending, 2010 – 2015 ($Billion)
Table 3 Average Crude Oil Prices, By Types, 2009 – 2014 ($/barrel)
Table 4 Total World Oil Reserves
Table 5 Europe: Oil Scenario, 2007 – 2011 (MMBOE)
Table 6 Russian Federation: Oil & Gas Reserves, 2007 – 2011 (MMBOE)
Table 7 Norway: Oil & Gas Reserves, 2007 – 2011 (MMBOE)
Table 8 U.K: Oil Scenario, 2007 – 2011 (MMBOE)
Table 9 Kazakhstan: Oil Scenario, 2007 – 2011 (MMBOE)
Table 10 Rest Of Europe & Eurasia: Oil Scenario, 2007 – 2011 (MMBOE)
Table 11 Demand Of Crude Oil, By Geography, 2007 - 2011 (‘000 Bbl/day)
Table 12 Change In Crude Oil Consumption, By Geography, 2007 – 2011
Table 13 Supply Of Crude Oil, By Geography, 2007 – 2011 (‘000 Bbl/day)
Table 14 Change In Crude Oil Production, By Regions, 2007 – 2011
Table 15 Oilfield Equipment Demand, By Geography, 2006 – 2016 ($Million)
Table 16 Europe & Eurasia: OER Market Revenue, By Equipment, 2013 – 2018 ($Million)
Table 17 Europe & Eurasia: Drilling Equipment Rental Market Revenue, By Types, 2013 – 2018 ($Million)
Table 18 Europe & Eurasia: P&FC Equipment Rental Market Revenue, By Types, 2013 – 2018 ($Million)
Table 19 Russian Federation: OER Market Revenue, By Equipment, 2013 – 2018 ($Million)
Table 20 Norway: OER Market Revenue, By Equipment, 2013 – 2018 ($Million)
Table 21 U.K: OER Market Revenue, By Equipment, 2013 – 2018 ($Million)
Table 22 Kazakhstan: OER Market Revenue, By Equipment, 2013 – 2018 ($Million)
Table 23 Rest Of Europe & Eurasia: OER Market Revenue, By Equipment, 2013 – 2018 ($Million)
Table 24 Europe & Eurasia: Developments
Table 25 Weatherford International: Products & Services
Table 26 Weatherford International: Financials
Table 27 Oil States International: Products & Services
Table 28 Oil States International: Financials ($Million)
Table 29 Superior Energy Services: Products & Services
Table 30 Superior Energy Services: Products & Services
Table 31 Schlumberger: Products & Services
Table 32 Schlumberger: Products & Services
LIST OF FIGURES
FIGURE 1 Market Segmentation
FIGURE 2 Research Methodology
FIGURE 3 Data Triangulation Methodology
FIGURE 4 Europe & Eurasia- Market Split: By Equipment (2013)
FIGURE 5 Europe & Eurasia - Market Size: by Geography, 2013
FIGURE 7 Europe & Eurasia - Market Size: Geography, 2013–2018 ($Million)
FIGURE 8 Market Share: 2013
FIGURE 9 Market Share: 2018
FIGURE 1 Market Segmentation
FIGURE 2 Research Methodology
FIGURE 3 Data Triangulation Methodology
FIGURE 4 Europe & Eurasia- Market Split: By Equipment (2013)
FIGURE 5 Europe & Eurasia - Market Size: by Geography, 2013
FIGURE 7 Europe & Eurasia - Market Size: Geography, 2013–2018 ($Million)
FIGURE 8 Market Share: 2013
FIGURE 9 Market Share: 2018
