The process of drilling where the contractors try and change or alter the azimuth or inclination of the drill hole is known as directional drilling. This is achieved using wedging tools or directional drilling tools and by bottom hole assembly selections. To complete the project smoothly, the drilling contractors properly plan a method in order to control or change the drilling holes direction. The ... Read more
Oil and gas directional drilling industry is expected to have huge potential from increasing projects over the forecast period given the increased production from the end use industry coupled with growing shale revolution. The market is also expected to witness high expansion activities by multinational and major players.
Directional drilling is the science of deviating a wellbore along a planned path to a target located a given lateral ... Read more
Directional drilling is an essential practice carried out by crude oil producers to reach the harshest wells and optimizing the production from the resource land. Typically the well is drilled vertically down in the land which is more prone to the risk of nonproduction and is economically infeasible. The directional drilling provides the solution for drilling of oil wells at multiple angles other than vertical angle and help reach better reserves ... Read more
The global directional drilling market is expected to post a CAGR of over 7% during the period 2019-2023, according to the latest market research report by Technavio.
Increasing investments in offshore projects will drive the directional drilling market growth in the forthcoming years. Offshore drilling projects involve higher capital investments and receive returns on investments over an extended period. Moreover, the cost involved in offshore oil and gas projects has decreased over ... Read more
Directional drilling is an important approach practiced by crude oil manufacturers to reach the toughest wells and optimizing the production from the resource land. Usually, the well is drilled vertically down in the area which is economically infeasible and more inclined to the risk of nonproduction. The directional drilling offers solution for drilling of oil wells at different angles other than vertical angle and assists in ... Read more
Directional drilling is an important approach practiced by crude oil manufacturers to reach the toughest wells and optimizing the production from the resource land. Usually, the well is drilled vertically down in the area which is economically infeasible and more inclined to the risk of nonproduction. The directional drilling offers solution for drilling of oil wells at different angles other than vertical angle and ... Read more
According to a recent study report published by the Market Research Future, The global market of directional drilling is booming and expected to gain prominence over the forecast period. The global Directional Drilling Industryis forecasted to demonstrate an exponential growth by 2027, surpassing its previous growth ... Read more
The need to increase production from the harshest wells has raised the growth of directional drilling considerably. Market reports related with the energy and power industry have been presented by Market Research Future which makes reports on other industry verticals that aims to analyze the current market scenarios better. The ... Read more
