Transparency
Market Research Reports incorporated a definite business overview and
investigation inclines on "Drill Collar Market". This
report likewise incorporates more illumination about fundamental
review of the business including definitions, requisitions and
worldwide business sector industry structure.
Oil
and gas industry is experiencing a boom from several years.
Increasing energy demand coupled with the increasing oil prices has
made this an attractive market for investing companies. Oil and gas
exploration and production companies are investing heavily to
increase the production and meet the energy demand. This boom has
resulted in the increase in revenue for oilfield services market.
Drilling collar is rental equipment and is used during the drilling
of a well. The number of well being drilled is increasing every year
and so as the demand of drilling collar.
A
drill collar is a thick walled tubular pipe made from solid bars of
steel. The material used to make a drill collar is generally plain
carbon steel but sometimes various alloys are used such as non
magnetic nickel copper alloys and other non-magnetic premium alloys.
The bars of steel used to make are drilled from one end to another so
as to allow drilling mud to pass through it. Drill collars are
screwed together along with other downhole equipments or tools to
make a bottom hole assembly. During drilling a well, a drill collar
is used in drilling string and is an important part of the bottom
hole assembly (BHA). Drill collar is primarily used in drill string
to apply downward force on the drill bit to efficiently break the
rocks.
Drill
collar market can be segmented on the basis of type into standard,
spiral and square drill collar. Standard collar are about 9 meters in
length and round in shape. While drilling a small diameter hole and
drilling directional wells, spiral drill collars are generally used
to prevent differential sticking in the bore hole. Spiral drill
collar also enable the circulation of drilling fluids at all the
time. Squared drilling collars find application in vertical drilling
and enable use of minimal clearance in bottom hole assembly. North
America is expected to be the market leader in the drill collar
market. However, Latin America is expected to be a potential market
due to increased drilling activities in the region.
Enquiry
before Buying @
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3131
Increasing
drilling activities across the world is driving the drill collar
market. Shale gas boom in North America has resulted in the drilling
of a large number of vertical and directional wells. Many more wells
will be drilled during the forecast period creating a demand for
oilfield services market and ultimately boost the drill collar
market. Drilling activities in Latin America and West Africa are
increasing due to huge investments in deep and ultra deep water
reserves which show a huge potential for oil production for oil and
gas companies. Most of the offshore deep and ultra deep water is
untouched as most of the companies were restricted to shallow water
reserves. Also shale gas production has not started in any regions
except North America. These untapped reserves provide a huge
opportunity for oil and gas industry during the forecast period and
ultimately strengthen the drill collar market.
Some
of the key players in the drill collar market are National Oilwell
Varco, Aliron Tool Research, Challenger International Inc., Command
Energy Services Ltd., Downhole Oil Tools, Inc., Drilling Services
Limited, Global Drilling Solutions Inc., Goldenman Petroleum
Equipment Co. Limited, Oillfield Services & Supplies Pte Ltd.,
Deep Drill Supply Group, Workstrings International, Tianhe Oil Group
and Weatherford International among others.
Read
More Reports on Energy and Mining Markets:
http://www.transparencymarketresearch.com/energy-market-reports-3.html
About
Us:
Transparency
Market Research is a market intelligence company providing global
business information reports and services. Our exclusive blend of
quantitative forecasting and trends analysis provides forward-looking
insight for thousands of decision makers.
Follow
on LinkedIn:
Contact:
Transparency
Market Research
90
State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA
- Canada Toll Free 866-552-3453
Browse
Market Research Blogs:
No comments:
Post a Comment