Oilfield Rental Market, by Equipment - Drilling, Pressure Control & Flow Control, Fishing, and Others – Global Market Trends & Forecast to 2018

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Reportbuyer.com just published a new market research report: Oilfield Rental Market, by Equipment - Drilling (Drillpipe, Drill Collars, Heavy-wate, Subs), Pressure Control & Flow Control (BOPs, Valves, and Manifolds), Fishing, and Others – Global Market Trends & Forecast to 2018.

Oilfield Rental Market, by Equipment - Drilling (Drillpipe, Drill Collars, Heavy-wate, Subs), Pressure Control & Flow Control (BOPs, Valves, and Manifolds), Fishing, and Others – Global Market Trends & Forecast to 2018

Rising oil & gas prices and increasing drilling activity will drive the global oilfield equipment rental (oilfield rental) market to $46.8 billion by 2018. North America, with its increased focus on unconventional shale plays and keen oil & gas industry, is expected to experience highest revenue growth during the next five years.

The factors driving growth in the OER market are increasing drilling activity and rising oil prices. These factors are driving the production of uneconomical field viable, tendency of drilling contractor & oilfield service providers to rent rather than buy equipment, and advancements in technology that hugely favors renting. Oilfield rental is a highly developing market despite its large base due to growing energy demand. The market is expected to experience high growth due to the increasing oilfield expenditure and flourishing oil & gas industry of Africa and Latin America.

Oilfield rental industry is highly fragmented and localized. Most players in this industry are very small and have a very paltry area of influence, barring a few which are genuinely the rental divisions of big OFS (oilfield service) provider companies. One’s offering rental tools in unconventional shale plays and ultra deep-water fields are the most successful rental companies. Through mergers and acquisitions, many large-cap oilfield service companies have been able to bring several complementary technologies under one provider. This also helps in increasing their overall market presence, thus increasing rental revenues. Weatherford International Ltd (Switzerland) is the largest player in this market. Since North America is the biggest market, most of the notable rental companies operate here.

Drilling rental equipment, due to its wide usage and increased drilling activity dominate the global oilfield rental market. Within drilling equipment, drillpipes hold the largest share as most of wells being drilled have considerable depths. Subsequently to drilling equipment, pressure and flow control are the most rented. BOPs (Blow out preventers) dominate the pressure and flow control equipment rental market.

The report covers the global OER market in major regions namely Asia-Pacific, Europe, North America, Latin America, Middle East, and Africa under major types of rental equipment such as drilling, pressure & flow control, fishing, etc. The market size for various drilling rental tools such as drill pipes and drill collars, etc. have also been estimated along with pressure and flow control tools.

For this report, various secondary sources such as oil & gas magazines, encyclopedia, directories, technical handbooks, company annual reports, industry association publications, articles, trade websites, and databases have been referred to identify & collect information useful for this extensive commercial study. The primary sources — experts from related industries and suppliers — have been interviewed to obtain and verify critical information as well as to assess the future prospects and market estimations.

This report analyzes various marketing trends and establishes the most effective growth strategy in the market. It identifies market dynamics such as drivers, restraints, opportunities, burning issues, and winning imperatives. Major companies such as Chesapeake Oilfield Services LLC (U.S.), Superior Energy Services Inc. (U.S.), Weatherford International Ltd (Switzerland), Precision Drilling Corporation (Canada), etc. have also been profiled in this report.

Scope of the report

On basis of geography:

North America
Asia-Pacific
Europe
Africa
Latin America
Middle East

On basis of equipment:

Drilling equipment
Pressure & flow control equipment
Fishing tools
Other equipment
TABLE OF CONTENTS

1 INTRODUCTION 22

1.1 KEY TAKE-AWAYS 22
1.2 REPORT DESCRIPTION 22
1.3 MARKETS COVERED 23
1.4 STAKE HOLDERS 24
1.5 RESEARCH METHODOLOGY 24
1.5.1 MARKET SIZE 24
1.5.2 KEY DATA POINTS TAKEN FROM SECONDARY SOURCES 25
1.5.3 LIST OF SECONDARY DATA SOURCES 25
1.5.4 KEY DATA POINTS TAKEN FROM PRIMARY SOURCES 26
1.5.5 ASSUMPTIONS MADE FOR THIS REPORT 26

2 EXECUTIVE SUMMARY 27

3 PREMIUM INSIGHTS 29

3.1 MARKET SEGMENTATION 29
3.2 MARKET SCENARIO IN 2012 30
3.3 NORTH AMERICA & ASIA-PACIFIC - BEST MARKETS TO INVEST 31
3.4 NORTH AMERICA TO CONTINUE DRIVING THE OER MARKET 32
3.5 U.S. – THE LARGEST OER MARKET 33
3.6 DRILLING EQUIPMENT ARE RENTED THE MOST 34
3.7 TOP 20 PLAYERS OCCUPY ONE THIRD OF OER MARKET 35
3.8 2012 WAS THE MOST ACTIVE YEAR FOR OER MARKET 37
3.9 MOST COMPANIES RELIED ON MERGERS & ACQUISITION FOR GROWTH 38
3.10 TOP FIVE COMPANIES RELIED ON LAUNCHING NEW & IMPROVED PRODUCTS 39

4 MARKET OVERVIEW 41

4.1 INTRODUCTION 42
4.2 MAJOR OFS PLAYERS MAINTAIN THEIR OWN RENTAL DIVISION 44
4.3 VALUE CHAIN 45
4.4 MARKET DYNAMICS 46
4.4.1 DRIVERS 46
4.4.1.1 Increased drilling activity 47
4.4.1.2 Increasing oil prices making production of uneconomical fields viable 50
4.4.1.3 Tendency to rent rather than buy 51
4.4.1.4 Advancement in technology favors renting 52
4.4.2 RESTRAINTS 54
4.4.2.1 Customized demand by drillers 54
4.4.2.2 Heavy capital expenditure 55
4.4.3 OPPORTUNITIES 57
4.4.3.1 Growing unconventional hydrocarbon market 57
4.4.3.2 New explorations near Arctic Circle and ultra-deep offshore drilling 58
4.4.4 WINNING IMPERATIVES 59
4.4.4.1 Acquisition of small rental companies 59
4.4.4.2 Focusing on unconventional oil sources 60
4.5 PORTER’S FIVE FORCES ANALYSIS 61
4.5.1 SUPPLIER’S POWER 62
4.5.2 BUYER’S POWER 62
4.5.3 THREAT OF NEW ENTRANTS 62
4.5.4 THREAT OF SUBSTITUTES 63
4.5.5 DEGREE OF COMPETITION 63

5 OILFIELD EQUIPMENT RENTAL MARKET, BY EQUIPMENT 64

5.1 INTRODUCTION 65
5.2 DRILLING EQUIPMENT TO DRIVE OER MARKET 66
5.2.1 DRILLING EQUIPMENT 68
5.2.1.1 Latin America & Africa are emerging markets 68
5.2.1.2 Drill pipe to boost drilling equipment rental market 69
5.2.1.2.1 Drillpipe 71
5.2.1.2.2 Drill collar 73
5.2.1.2.3 Hevi-wate 74
5.2.1.2.4 Subs 76
5.2.1.2.5 Other Drilling Equipment 77
5.2.2 PRESSURE & FLOW CONTROL EQUIPMENT 79
5.2.2.1 BOPs most rented pressure equipment 79
5.2.2.1.1 BOP 81
5.2.2.1.2 Valves & Manifolds 82
5.2.2.1.3 Other P&FC Rental Equipment 84
5.2.3 FISHING EQUIPMENT 86
5.2.4 OTHER RENTAL OILFIELD EQUIPMENT 88

6 OILFIELD EQUIPMENT RENTAL MARKET, BY GEOGRAPHY 90

6.1 INTRODUCTION 91
6.2 OER: MARKET ANALYSIS 92
6.2.1 NORTH AMERICA TO DRIVE GLOBAL OER MARKET 94
6.2.2 NORTH AMERICA 95
6.2.2.1 Increased production driving the OER market 95
6.2.2.2 Rising oilfield spending fueling market growth 96
6.2.2.3 U.S. is the largest OER market 98
6.2.2.4 U.S. 99
6.2.2.4.1 OER market driven by rising consumption 99
6.2.2.4.2 U.S. market is experiencing high growth 100
6.2.2.5 Canada 101
6.2.2.5.1 Canada has significant unconventional reserves 101
6.2.2.5.2 Unconventional oil to fuel the future growth in Canada 102
6.2.3 ASIA-PACIFIC 104
6.2.3.1 Rising consumption fueling E&P activities 104
6.2.3.2 Increased drilling activity is the prime driver of Asia-Pacific market 105
6.2.3.3 Chinese market is the leader in Oilfield Equipment Rental 108
6.2.3.4 China 110
6.2.3.4.1 Consumption is driving E&P growth 110
6.2.3.4.2 Drilling equipment are the most rented in China 110
6.2.3.5 Australia 112
6.2.3.5.1 Australia has huge gas reserves 112
6.2.3.5.2 Gas exploration increasing drilling activities 112
6.2.3.6 Malaysia 114
6.2.3.6.1 Offshore production is higher in Malaysia 114
6.2.3.6.2 Increased investment acting as growth driver 114
6.2.3.7 India 116
6.2.3.7.1 India focusing on more domestic production 116
6.2.3.7.2 Oilfield spending is the major driver for Indian market 117
6.2.3.8 Indonesia 118
6.2.3.8.1 Private players fueling E&P growth in Indonesia 118
6.2.3.8.2 More drilling equipment are rented in Indonesia 119
6.2.3.9 Rest of Asia-Pacific 120
6.2.3.9.1 Emerging economies driving growth 120
6.2.3.9.2 Rest of Asia-Pacific experiencing significant market growth 120
6.2.4 EUROPE & EURASIA 122
6.2.4.1 Europe holds third place globally in terms of reserves 122
6.2.4.2 Drilling equipment are the most rented in Europe 123
6.2.4.3 Russian Federation in the biggest OER market in Europe 125
6.2.4.4 Russian Federation 126
6.2.4.4.1 Russian economy driven by energy exports 126
6.2.4.4.2 Rising production increasing OER market in Russia 128
6.2.4.5 Norway 129
6.2.4.5.1 Norway has significant offshore reserves 129
6.2.4.5.2 Drilling equipment hold major share in Norway 130
6.2.4.6 U.K. 131
6.2.4.6.1 Fields in U.K. are maturing 131
6.2.4.6.2 Maturing fields in U.K. favoring more renting 131
6.2.4.7 Kazakhstan 133
6.2.4.7.1 Huge reserve potential in Kazakhstan 133
6.2.4.7.2 OER market in Kazakhstan is fuelled by E&P activities 133
6.2.4.8 Rest of Europe & Eurasia 135
6.2.4.8.1 Considerable reserves exist in Europe 135
6.2.4.8.2 Rest of Europe& Eurasia has huge growth prospect 135
6.2.5 AFRICA 137
6.2.5.1 Africa has substantial offshore production 137
6.2.5.2 Market scenario in African favors renting 138
6.2.5.3 Angola is the emerging market in Africa 140
6.2.5.4 Angola 142
6.2.5.4.1 Angola has huge untapped resources 142
6.2.5.4.2 Lack of infrastructure favors renting in Angola 143
6.2.5.5 Nigeria 144
6.2.5.5.1 Nigeria is a major producers of oil in Africa 144
6.2.5.5.2 Offshore drilling driving market growth 145
6.2.5.6 Algeria 146
6.2.5.6.1 Algeria is ramping up production 146
6.2.5.6.2 Drilling activities are on rise in Algeria 146
6.2.5.7 Egypt 148
6.2.5.7.1 Egyptian production is increasing again 148
6.2.5.7.2 Egypt is growing slowly at present 148
6.2.5.8 Rest of Africa 150
6.2.5.8.1 Production is rising in Rest of Africa 150
6.2.5.8.2 Better growth will be experienced in future 150
6.2.6 LATIN AMERICA 152
6.2.6.1 Latin America has sizeable oil & gas reserves 152
6.2.6.2 Drilling equipment are experiencing rampant growth in Latin America 152
6.2.6.3 Brazil dominates the Latin American market 155
6.2.6.4 Brazil 157
6.2.6.4.1 Major offshore activity in Brazil 157
6.2.6.4.2 Rising demand fueling growth 158
6.2.6.5 Mexico 159
6.2.6.5.1 Mexico is a net oil exporter 159
6.2.6.5.2 OER market driven by drilling equipment in Mexico 160
6.2.6.6 Venezuela 161
6.2.6.6.1 Venezuela is an important player in the global oil market 161
6.2.6.6.2 Significant growth will be experienced in Venezuela 161
6.2.6.7 Rest of Latin America 162
6.2.6.7.1 Rest of Latin America has sizeable reserves 162
6.2.6.7.2 Steady growth will be experienced in the future 163
6.2.7 MIDDLE EAST 165
6.2.7.1 Middle East has the largest oilfield reserves 165
6.2.7.2 Middle East has a relatively stable OER market 166
6.2.7.3 Middle Eastern market is dominated by Iraq 168
6.2.7.4 Iraq 169
6.2.7.4.1 Huge potential waiting to be unlocked in Iraq 169
6.2.7.4.2 Iraq will experience enormous growth 170
6.2.7.5 Saudi Arabia 171
6.2.7.5.1 Largest producer of crude oil is Saudi Arabia 171
6.2.7.5.2 Fishing equipment will experience highest growth 172
6.2.7.6 Iran 173
6.2.7.6.1 Iranian production will decline more in future 173
6.2.7.6.2 Geopolitics is hampering market growth in Iran 174
6.2.7.7 Rest of Middle East 175
6.2.7.7.1 Production is rising in Middle East 175
6.2.7.7.2 Better growth will be experienced in future 176

7 COMPETITIVE LANDSCAPE 178

7.1 COMPANY ANALYSIS 179
7.1.1 COMPANY PRESENCE, BY EQUIPMENT 180
7.1.2 COMPANY PRESENCE, BY GEOGRAPHY 182
7.1.3 MARKET SHARE ANALYSIS 184
7.2 STRATEGIC DEVELOPMENTS 188
7.2.1 MERGERS & ACQUISITIONS: MOST POPULAR GROWTH STRATEGY 191
7.2.2 SUPPLY CONTRACT 198
7.2.3 EXPANSION 203
7.2.4 NEW PRODUCTS LAUNCH/DEVELOPMENTS 206
7.2.5 OTHERS 209

8 COMPANY PROFILES 211

8.1 AOS ORWELL LIMITED 211
8.2 BASIC ENERGY SERVICES INC. 215
8.3 CHESAPEAKE OILFIELD SERVICES LLC 218
8.4 COR INTERNATIONAL LLC 223
8.5 FMC TECHNOLOGIES 227
8.6 GREENES ENERGY GROUP 232
8.7 HALLIBURTON CO. 236
8.8 INDEPENDENT OIL TOOLS AS 242
8.9 IROC ENERGY SERVICES CORP. 249
8.10 KEY ENERGY SERVICES 254
8.11 KNIGHT OIL TOOLS INC. 258
8.12 OIL STATES INTERNATIONAL INC. 261
8.13 PARKER DRILLING CO. 266
8.14 PRECISION DRILLING CORPORATION 271
8.15 RPC INC. 275
8.16 SAVANNA ENERGY SERVICES CORP. 279
8.17 SCHLUMBERGER LIMITED 285
8.18 SUPERIOR ENERGY SERVICES INC. 289
8.19 TASMAN OIL TOOLS 301
8.20 WEATHERFORD INTERNATIONAL LTD 311

LIST OF TABLES

TABLE 1 ESTIMATED GLOBAL UPSTREAM CAPITAL SPENDING,
2010 – 2015 ($BILLION) 47
TABLE 2 GLOBAL ACTIVE RIG COUNT, BY GEOGRAPHY, 2007 – 2011 49
TABLE 3 AVERAGE CRUDE OIL PRICES, BY TYPES, 2009 – 2014 ($/BARREL) 50
TABLE 4 OFFSHORE RIG COUNT, BY GEOGRAPHY, 2010 – 2014 53
TABLE 5 OILFIELD EQUIPMENT DEMAND, BY GEOGRAPHY,
2006 – 2016 ($MILLION) 56
TABLE 6 OER MARKET REVENUE, BY EQUIPMENT, 2010 – 2018 ($MILLION) 68
TABLE 7 DRILLING: EQUIPMENT RENTAL MARKET REVENUE, BY GEOGRAPHY, 2010 – 2018 ($MILLION) 70
TABLE 8 DRILLING: EQUIPMENT RENTAL MARKET REVENUE, BY TYPES,
2010 – 2018 ($MILLION) 71
TABLE 9 DRILLPIPE: EQUIPMENT RENTAL MARKET REVENUE, BY GEOGRAPHY, 2010 – 2018 ($MILLION) 72
TABLE 10 DRILL COLLARS: EQUIPMENT RENTAL MARKET REVENUE,
BY GEOGRAPHY, 2010 – 2018 ($MILLION) 74
TABLE 11 HEVI-WATE: EQUIPMENT RENTAL MARKET REVENUE, BY GEOGRAPHY, 2010 – 2018 ($MILLION) 75
TABLE 12 SUBS: EQUIPMENT RENTAL MARKET REVENUE, BY GEOGRAPHY,
2010 – 2018 ($MILLION) 77
TABLE 13 OTHERS: EQUIPMENT RENTAL MARKET REVENUE, BY GEOGRAPHY, 2010 – 2018 ($MILLION) 78
TABLE 14 P&FC: EQUIPMENT RENTAL MARKET REVENUE, BY GEOGRAPHY,
2010 – 2018 ($MILLION) 80
TABLE 15 P&FC: EQUIPMENT RENTAL MARKET REVENUE, BY TYPES,
2010 – 2018 ($MILLION) 81
TABLE 16 BOPS: EQUIPMENT RENTAL MARKET REVENUE, BY GEOGRAPHY,
2010 – 2018 ($MILLION) 82
TABLE 17 VALVES & MANIFOLDS: EQUIPMENT RENTAL MARKET REVENUE,
BY GEOGRAPHY, 2010 – 2018 ($MILLION) 83
TABLE 18 OTHERS: EQUIPMENT RENTAL MARKET REVENUE, BY GEOGRAPHY, 2010 – 2018 ($MILLION) 85
TABLE 19 FISHING TOOLS: EQUIPMENT RENTAL MARKET REVENUE,
BY GEOGRAPHY, 2010 – 2018 ($MILLION) 87
TABLE 20 OTHER: EQUIPMENT RENTAL MARKET REVENUE, BY GEOGRAPHY,
2010 – 2018 ($MILLION) 88
TABLE 21 OER MARKET REVENUE, BY GEOGRAPHY, 2010 – 2018 ($MILLION) 94
TABLE 22 NORTH AMERICA: OIL SCENARIO, 2007 – 2011 (MMBOE) 95
TABLE 23 NORTH AMERICA: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 96
TABLE 24 NORTH AMERICA: DRILLING EQUIPMENT RENTAL MARKET REVENUE,
BY TYPES, 2010 – 2018 ($MILLION) 97
TABLE 25 NORTH AMERICA: P&FC EQUIPMENT RENTAL MARKET REVENUE,
BY TYPES, 2010 – 2018 ($MILLION) 98
TABLE 26 NORTH AMERICA: OER MARKET REVENUE, BY COUNTRIES,
2010 – 2018 ($MILLION) 99
TABLE 27 U.S: OIL SCENARIO, 2007 – 2011 (MMBOE) 100
TABLE 28 U.S: OER MARKET REVENUE, BY EQUIPMENT, 2010 – 2018 ($MILLION) 101
TABLE 29 CANADA: OIL SCENARIO, 2007 – 2011 (MMBOE) 102
TABLE 30 CANADA: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 103
TABLE 31 ASIA-PACIFIC: OIL SCENARIO, 2007 – 2011 (MMBOE) 105
TABLE 32 ASIA-PACIFIC: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 106
TABLE 33 ASIA-PACIFIC: DRILLING EQUIPMENT RENTAL MARKET REVENUE,
BY TYPES, 2010 – 2018 ($MILLION) 107
TABLE 34 ASIA-PACIFIC: P&FC EQUIPMENT RENTAL MARKET REVENUE, BY TYPES, 2010 – 2018 ($MILLION) 108
TABLE 35 ASIA-PACIFIC: OER MARKET REVENUE, BY COUNTRIES,
2010 – 2018 ($MILLION) 109
TABLE 36 CHINA: OIL SCENARIO, 2007 – 2011 (MMBOE) 110
TABLE 37 CHINA: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 111
TABLE 38 AUSTRALIA: OIL SCENARIO, 2007 – 2011 (MMBOE) 112
TABLE 39 AUSTRALIA: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 113
TABLE 40 MALAYSIA: OIL SCENARIO, 2007 – 2011 (MMBOE) 114
TABLE 41 MALAYSIA: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 115
TABLE 42 INDIA: OIL SCENARIO, 2007 – 2011 (MMBOE) 116
TABLE 43 INDIA: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 117
TABLE 44 INDONESIA: OIL SCENARIO, 2007 – 2011 (MMBOE) 118
TABLE 45 INDONESIA: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 119
TABLE 46 REST OF ASIA-PACIFIC : OIL SCENARIO, 2007 – 2011 (MMBOE) 120
TABLE 47 REST OF ASIA-PACIFIC: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 121
TABLE 48 EUROPE: OIL SCENARIO, 2007 – 2011 (MMBOE) 122
TABLE 49 EUROPE & EURASIA: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 123
TABLE 50 EUROPE & EURASIA: DRILLING EQUIPMENT RENTAL MARKET REVENUE, BY TYPES, 2010 – 2018 ($MILLION) 124
TABLE 51 EUROPE & EURASIA: P&FC EQUIPMENT RENTAL MARKET REVENUE,
BY TYPES, 2010 – 2018 ($MILLION) 125
TABLE 52 EUROPE & EURASIA: OER MARKET REVENUE, BY COUNTRIES,
2010 – 2018 ($MILLION) 126
TABLE 53 RUSSIAN FEDERATION: OIL & GAS RESERVES, 2007 – 2011 (MMBOE) 127
TABLE 54 RUSSIAN FEDERATION: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 128
TABLE 55 NORWAY: OIL & GAS RESERVES, 2007 – 2011 (MMBOE) 129
TABLE 56 NORWAY: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 130
TABLE 57 U.K: OIL SCENARIO, 2007 – 2011 (MMBOE) 131
TABLE 58 U.K: OER MARKET REVENUE, BY EQUIPMENT, 2010 – 2018 ($MILLION) 132
TABLE 59 KAZAKHSTAN: OIL SCENARIO, 2007 – 2011 (MMBOE) 133
TABLE 60 KAZAKHSTAN: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 134
TABLE 61 REST OF EUROPE & EURASIA: OIL SCENARIO, 2007 – 2011 (MMBOE) 135
TABLE 62 REST OF EUROPE & EURASIA: OER MARKET REVENUE, BY EQUIPMENT, 2010 – 2018 ($MILLION) 136
TABLE 63 AFRICA: OIL SCENARIO, 2007 – 2011 (MMBOE) 137
TABLE 64 AFRICA: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 138
TABLE 65 AFRICA: DRILLING EQUIPMENT RENTAL MARKET REVENUE, BY TYPES, 2010 – 2018 ($MILLION) 139
TABLE 66 AFRICA: P&FC EQUIPMENT RENTAL MARKET REVENUE, BY TYPES,
2010 – 2018 ($MILLION) 140
TABLE 67 AFRICA: OER MARKET REVENUE, BY COUNTRIES,
2010 – 2018 ($MILLION) 141
TABLE 68 ANGOLA: OIL SCENARIO, 2007 – 2011 (MMBOE) 142
TABLE 69 ANGOLA: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 143
TABLE 70 NIGERIA: OIL SCENARIO, 2007 – 2011 (MMBOE) 144
TABLE 71 NIGERIA: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 145
TABLE 72 ALGERIA: OIL SCENARIO, 2007 - 2011 (MMBOE) 146
TABLE 73 ALGERIA: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 147
TABLE 74 EGYPT: OIL SCENARIO, 2007 – 2011 (MMBOE) 148
TABLE 75 EGYPT: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 149
TABLE 76 REST OF AFRICA: OIL SCENARIO, 2007 – 2011 (MMBOE) 150
TABLE 77 REST OF AFRICA: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 151
TABLE 78 LATIN AMERICA: OIL SCENARIO, 2007 – 2011 (MMBOE) 152
TABLE 79 LATIN AMERICA: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 153
TABLE 80 LATIN AMERICA: DRILLING EQUIPMENT RENTAL MARKET REVENUE,
BY TYPES, 2010 – 2018 ($MILLION) 154
TABLE 81 LATIN AMERICA: P&FC EQUIPMENT RENTAL MARKET REVENUE,
BY TYPES, 2010 – 2018 ($MILLION) 155
TABLE 82 LATIN AMERICA: OER MARKET REVENUE, BY COUNTRIES ($MILLION) 156
TABLE 83 BRAZIL: OIL SCENARIO, 2007 – 2011 (MMBOE) 157
TABLE 84 BRAZIL: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 158
TABLE 85 MEXICO: OIL SCENARIO, 2007 – 2011 (MMBOE) 159
TABLE 86 MEXICO: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 160
TABLE 87 VENEZUELA: OIL SCENARIO, 2007 – 2011 (MMBOE) 161
TABLE 88 VENEZUELA: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 162
TABLE 89 REST OF LATIN AMERICA: OIL SCENARIO, 2007 – 2011 (MMBOE) 163
TABLE 90 REST OF LATIN AMERICA: OER MARKET REVENUE, BY EQUIPMENT, 2010 – 2018 ($MILLION) 164
TABLE 91 MIDDLE EAST: OIL SCENARIO, 2007 – 11 (MMBOE) 165
TABLE 92 MIDDLE EAST: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 166
TABLE 93 MIDDLE EAST: DRILLING EQUIPMENT RENTAL MARKET REVENUE,
BY TYPES, 2010 – 2018 ($MILLION) 167
TABLE 94 MIDDLE EAST: P&FC EQUIPMENT RENTAL MARKET REVENUE, BY TYPES, 2010 – 2018 ($MILLION) 168
TABLE 95 MIDDLE EAST: OER MARKET REVENUE, BY COUNTRIES,
2010 – 2018 ($MILLION) 169
TABLE 96 IRAQ: OIL SCENARIO, 2007 – 2011 (MMBOE) 170
TABLE 97 IRAQ: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 171
TABLE 98 SAUDI ARABIA: OIL SCENARIO, 2007 – 2011 (MMBOE) 172
TABLE 99 SAUDI ARABIA: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 173
TABLE 100 IRAN: OIL SCENARIO, 2007 – 2011 (MMBOE) 174
TABLE 101 IRAN: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 175
TABLE 102 REST OF MIDDLE EAST: OIL SCENARIO, 2007 – 2011 (MMBOE) 176
TABLE 103 REST OF MIDDLE EAST: OER MARKET REVENUE, BY EQUIPMENT,
2010 – 2018 ($MILLION) 177
TABLE 104 COMPANIES ANALYSIS, BY EQUIPMENT 180
TABLE 105 COMPANIES ANALYSIS, BY GEOGRAPHY 182
TABLE 106 MARKET SHARE ANALYSIS, BY COMPANIES, 2012 184
TABLE 107 MERGERS & ACQUISITIONS, 2010 – 2013 192
TABLE 108 SUPPLY CONTRACTS, 2009 – 2013 199
TABLE 109 EXPANSIONS, 2011 – 2013 204
TABLE 110 NEW PRODUCTS LAUNCH/DEVELOPMENTS, 2010 – 2012 207
TABLE 111 OTHERS, 2009 – 2012 210
TABLE 112 AOS ORWELL : PRODUCTS & SERVICES 212
TABLE 113 CHESAPEAKE: PRODUCTS & SERVICES 219
TABLE 114 COR: PRODUCTS & SERVICES 223
TABLE 115 FMC TECHNOLOGIES : PRODUCTS & SERVICES 228
TABLE 116 GREENES: PRODUCTS & ITS CATEGORY 232
TABLE 117 HALLIBURTON: PRODUCTS & SERVICES 237
TABLE 118 INDEPENDENT: PRODUCTS & SERVICES 242
TABLE 119 IROC : PRODUCTS & SERVICES 250
TABLE 120 KEY ENERGY : PRODUCTS & SERVICES 255
TABLE 121 KNIGHT OIL TOOLS : PRODUCTS & SERVICES 259
TABLE 122 OIL STATES : PRODUCTS & SERVICES 262
TABLE 123 PARKER DRILLING : PRODUCTS & SERVICES 267
TABLE 124 PRECISION: PRODUCTS & ITS CATEGORY 271
TABLE 125 RPC : PRODUCTS & SERVICES 276
TABLE 126 SAVANNA ENERGY: PRODUCTS & SERVICES 280
TABLE 127 SCHLUMBERGER : PRODUCTS & SERVICES 286
TABLE 128 SUPERIOR ENERGY: SPC RENTALS’ PRODUCTS & SERVICES 290
TABLE 129 SUPERIOR ENERGY: CONCENTRIC PIPE & TOOL’S PRODUCTS & SERVICES 291
TABLE 130 SUPERIOR ENERGY: H.B. RENTALS’ PRODUCTS & SERVICES 292
TABLE 131 SUPERIOR ENERGY: OIL TOOL RENTALS’ PRODUCTS & SERVICES 293
TABLE 132 SUPERIOR ENERGY: BASIN TOOL SERVICES’ PRODUCTS & SERVICES 293
TABLE 133 SUPERIOR ENERGY: SUB SURFACE TOOLS’ PRODUCTS & SERVICES 294
TABLE 134 SUPERIOR ENERGY: STABIL DRILLS’ PRODUCTS & SERVICES 296
TABLE 135 TASMAN: PRODUCTS & SERVICES 302
TABLE 136 WEATHERFORD : PRODUCTS & SERVICES 312
TABLE 137 WEATHERFORD: ANNUAL REVENUE, BY SEGMENTS,
2010 – 2011 ($MILLION) 313

LIST OF FIGURES

FIGURE 1 OER MARKET, BY GEOGRAPHY & EQUIPMENT, 2012 27
FIGURE 2 GLOBAL OILFIELD EQUIPMENT RENTAL MARKET SEGMENTATION 29
FIGURE 3 OER MARKET, BY GEOGRAPHY & EQUIPMENT, 2012 30
FIGURE 4 OER MARKET SCENARIO IN DIFFERENT REGIONS 31
FIGURE 5 GLOBAL OILFIELD EQUIPMENT RENTAL MARKET REVENUE TREND,
2011 – 2018 ($MILLION) 32
FIGURE 6 OER MARKET REVENUE, BY COUNTRIES, 2013 ($MILLION) 33
FIGURE 7 OER MARKET SHARE, BY EQUIPMENT, 2018 34
FIGURE 8 MARKET SHARE ANALYSIS FOR TOP 20 COMPANIES, 2012 36
FIGURE 9 COMPETITIVE DEVELOPMENTS, BY YEARS, 2009 – 2013 37
FIGURE 10 COMPETITIVE DEVELOPMENTS, BY TYPES, 2009 – 2013 38
FIGURE 11 GROWTH STRATEGIES OF TOP 5 COMPANIES, 2010 – 2012 39
FIGURE 12 NORTH AMERICA: THE BEST MARKET TO INVEST 43
FIGURE 13 VALUE CHAIN FOR OER MARKET 45
FIGURE 14 IMPACT ANALYSIS – DRIVERS, 2012 – 2017 46
FIGURE 15 TOTAL WORLD OIL RESERVES 51
FIGURE 16 IMPACT ANALYSIS – RESTRAINTS, 2012 – 2017 54
FIGURE 17 IMPACT ANALYSIS – OPPORTUNITIES, 2012 – 2017 57
FIGURE 18 PORTER’S FIVE FORCES MODEL FOR OER MARKET 61
FIGURE 19 OER MARKET SEGMENTATION, BY EQUIPMENT 65
FIGURE 20 OER MARKET SHARE, BY EQUIPMENT, 2012 66
FIGURE 21 OER MARKET SHARE, BY EQUIPMENT, 2018 67
FIGURE 22 OER MARKET SEGMENTATION, BY DRILLING EQUIPMENT 69
FIGURE 23 OER MARKET SEGMENTATION, BY PRESSURE & FLOW CONTROL EQUIPMENT 79
FIGURE 24 OER MARKET SEGMENTATION, BY GEOGRAPHY 91
FIGURE 25 OER MARKET SHARE, BY GEOGRAPHY, 2012 92
FIGURE 26 OER MARKET SIZE V/S GROWTH ANALYSIS, BY GEOGRAPHY,
2013 – 2018 93
FIGURE 27 MARKET SHARE ANALYSIS FOR TOP 20 COMPANIES, 2012 187
FIGURE 28 COMPETITIVE DEVELOPMENTS, BY TYPES, 2009 – 2013 188
FIGURE 29 COMPETITIVE DEVELOPMENTS, BY YEARS, 2009 – 2013 189
FIGURE 30 GROWTH STRATEGIES OF TOP 5 COMPANIES, 2010 – 2012 190
FIGURE 31 MERGERS & ACQUISITIONS, 2010 – 2013 192
FIGURE 32 SUPPLY CONTRACTS, 2009 – 2013 198
FIGURE 33 EXPANSIONS, 2010 – 2013 203
FIGURE 34 NEW PRODUCTS LAUNCH/DEVELOPMENTS, 2010 – 2012 206
FIGURE 35 OTHERS, 2010 – 2012 209

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Oilfield Rental Market, by Equipment - Drilling (Drillpipe, Drill Collars, Heavy-wate, Subs), Pressure Control & Flow Control (BOPs, Valves, and Manifolds), Fishing, and Others – Global Market Trends & Forecast to 2018

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For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: query@reportbuyer.com
Tel: +44 208 816 85 48
Website: http://www.reportbuyer.com

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Sarah Smith
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