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Rig And Oil Field Global Market Report 2025
Global Rig And Oil Field Market Report 2025

Report Price : $4490.00

Pages : 175

Format : PDF

Published : April 2025

Delivery Time : 2-3 Business Days

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Rig And Oil Field Global Market Report 2025

By Type (Oil Upstream, Oil Downstream ), By Drilling Type (Offshore, Onshore ), By Application (Residential, Commercial, Industrial, Other Applications) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Rig And Oil Field Market Overview

• Rig And Oil Field market size has reached to $68.66 billion in 2024

• Expected to grow to $94.53 billion in 2029 at a compound annual growth rate (CAGR) of 6.6%

• Growth Driver: Rising Energy Demand Driving Growth Of Market Due To Increasing Need For Oil And Gas Extraction

North America was the largest region in 2024 and Middle East is the fastest growing region.

What Is Covered Under Rig And Oil Field Market?

A rig and oil field refer to the infrastructure and land area used for extracting crude oil and natural gas from beneath the Earth's surface. These sites house drilling rigs, pipelines, and processing units to explore, extract, and transport hydrocarbons for industrial and commercial use.

The main types in the rig and oil field are oil upstream and oil downstream. Oil Upstream encompasses activities related to the exploration and extraction of crude oil and natural gas from underground reservoirs. Drilling operations are further classified into onshore and offshore types for applications such as residential, commercial, industrial, and others.

Rig And Oil Field Market Size and growth rate 2025 to 2029: Graph

What Is The Rig And Oil Field Market Size 2025 And Growth Rate?

The rig and oil field market size has grown strongly in recent years. It will grow from $68.66 billion in 2024 to $73.09 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to increasing energy demand, increasing use of AI and automation, rising focus on carbon capture and storage (CCS), increasing crude oil prices, increasing offshore and onshore exploration, and increasing investments in oilfield infrastructure.

What Is The Rig And Oil Field Market Growth Forecast?

The rig and oil field market size is expected to see strong growth in the next few years. It will grow to $94.53 billion in 2029 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to increasing deepwater and ultra-deepwater exploration, growing investments in renewable energy integration, rise in geopolitical tensions impacting oil supply, rising government support for fossil fuel exploration, and increasing capital expenditure by oil & gas companies. Major trends in the forecast period include advancements in drilling, advancements in drilling automation, adoption of digital oilfield technology, shift towards sustainable drilling practices, development of smart drilling techniques, and integration of IoT in oilfield operations.

The forecast of 6.6% growth over the next five years reflects a modest reduction of 0.3% from the previous estimate for this market.This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through supply disruptions for drawworks components from South Korea and mast structural steel from Brazil, delaying drilling operations.The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Oil and Gas Industry?

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly affecting the oil and gas sector, particularly in exploration equipment, pipeline infrastructure, and refinery operations. Elevated duties on imported drilling rigs, steel pipes, and specialized machinery have driven up capital costs for both upstream and downstream activities. Midstream operators are burdened by price hikes on valves, compressors, and storage tanks, disrupting ongoing expansion projects. Meanwhile, refiners face rising costs for imported catalysts and control systems essential for processing efficiency. Retaliatory tariffs from key trade partners have also dampened U.S. exports of liquefied natural gas (LNG) and crude oil, weakening market competitiveness. To mitigate these challenges, companies are increasingly investing in domestic manufacturing partnerships, digital asset management, and energy diversification strategies to sustain operations and protect profit margins.

How Is The Rig And Oil Field Market Segmented?

1) By Type: Oil Upstream, Oil Downstream

2) By Drilling Type: Offshore, Onshore

3) By Application: Residential, Commercial, Industrial, Other Applications

Subsegments:

1) By Oil Upstream: Exploration, Drilling, Completion, Production, well intervention, Subsea Equipment

2) By Oil Downstream: Refining, Distribution, Marketing, Petrochemical Production, Storage And Transportation, LNG Processing

What Is Driving The Rig And Oil Field Market? Rising Energy Demand Driving Growth Of Market Due To Increasing Need For Oil And Gas Extraction

The increasing energy needs are expected to propel the growth of the rig and oil field market going forward. Energy needs refer to the amount of energy required to sustain essential activities, functions, and economic development in a given system or society. As the global population expands and industries evolve, the demand for energy continues to surge. Oil rigs and oil fields play a crucial role in meeting energy demands by extracting and producing crude oil and natural gas, which are refined into fuel and other energy products. For instance, in July 2024, according to the International Energy Agency (IEA), a France-based intergovernmental organization, global electricity demand increased by approximately 4% in 2024, compared to a 2.5% growth rate in 2023. Therefore, the increasing energy needs are driving the growth of the rig and oil field industry.

Who Are The Major Players In The Global Rig And Oil Field Market?

Major companies operating in the rig and oil field market are Shell plc, Equinor ASA, Schlumberger Limited, Baker Hughes Company, Halliburton Company, TechnipFMC plc, Saipem S.p.A., China Oilfield Services Limited, Subsea 7 S.A., Weatherford International plc, Murphy Oil Corporation, Noble Corporation plc, Transocean Ltd., Valaris Limited, KCA Deutag Drilling Limited, Seadrill Limited, W&T Offshore Inc., Établissements Maurel & Prom S.A., Vantage Drilling International, Stena Drilling Ltd.

What Are The Key Trends Of The Global Rig And Oil Field Market? Innovative Technologies Revolutionizing Drilling Operations

Major companies operating in the rig and oil field market are focusing on developing innovative technologies such as Gen-X technology to enhance automation, improve operational efficiency, and reduce human intervention. Gen-X Technology is an advanced, highly automated drilling system that reduces human intervention, enhances operational efficiency, and improves safety and productivity in oil and gas drilling operations. For instance, in August 2024, MEIL (Megha Engineering and Infrastructures Limited), an India-based construction engineering company, launched C3BR1 NG 2000-5, a fully automated 2000 HP capacity oil drilling rig. This cutting-edge rig, built with Gen-X technology, is designed to drill up to 6,000 meters in high-pressure and high-temperature environments, offering enhanced efficiency, safety, and cost-effectiveness compared to traditional rigs. Equipped with a blowout preventer capable of handling extreme pressure (5,000 PSA), the rig is the first of its kind to be inducted into ONGC’s fleet. It also features full automation to reduce human intervention and downtime, making it more productive and safer.

Need data on a specific region in this market?

What Are Latest Mergers And Acquisitions In The Rig And Oil Field Market? Noble Corporation Plc Acquires Diamond Offshore Limited To Expand Offshore Drilling Capabilities

In September 2024, Noble Corporation plc, a UK-based oil and gas company, acquired Diamond Offshore Limited for $1.6 billion. This acquisition aims to strengthen its position in the offshore drilling sector by expanding its fleet, capabilities, and market presence. Diamond Offshore Limited is a US-based oil and gas company that specializes in providing offshore drilling services.

What Is The Regional Outlook For The Global Rig And Oil Field Market?

North America was the largest region in the rig and oil field market in 2024. Middle East is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Rig And Oil Field Market?

The rig and oil field market consists of revenues earned by entities providing services such as drilling, well completion, maintenance, production optimization, and oilfield logistics. The market value includes the value of related goods sold by the service provider or included within the service offering. The rig and oil field market also includes sales of drilling rigs, oilfield equipment, pumps, compressors, and other machinery used in exploration and extraction. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Rig And Oil Field Industry?

The rig and oil field market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the rig and oil field industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Rig And Oil Field Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $73.09 billion
Revenue Forecast In 2034 $94.53 billion
Growth Rate CAGR of 6.6% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered The rig and oil field market covered in this report is segmented –
1) By Type: Oil Upstream, Oil Downstream
2) By Drilling Type: Offshore, Onshore
3) By Application: Residential, Commercial, Industrial, Other Applications Subsegments:
1) By Oil Upstream: Exploration, Drilling, Completion, Production, Well Intervention, Subsea Equipment
2) By Oil Downstream: Refining, Distribution, Marketing, Petrochemical Production, Storage And Transportation, LNG Processing
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Shell plc, Equinor ASA, Schlumberger Limited, Baker Hughes Company, Halliburton Company, TechnipFMC plc, Saipem S.p.A., China Oilfield Services Limited, Subsea 7 S.A., Weatherford International plc, Murphy Oil Corporation, Noble Corporation plc, Transocean Ltd., Valaris Limited, KCA Deutag Drilling Limited, Seadrill Limited, W&T Offshore Inc., Établissements Maurel & Prom S.A., Vantage Drilling International, Stena Drilling Ltd.
Customization Scope Request for Sample
Pricing And Purchase Options Explore Purchase Options
Market Size Value In 2025 $73.09 billion
Revenue Forecast In 2034 $94.53 billion
Growth Rate CAGR of 6.6% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered The rig and oil field market covered in this report is segmented –
1) By Type: Oil Upstream, Oil Downstream
2) By Drilling Type: Offshore, Onshore
3) By Application: Residential, Commercial, Industrial, Other Applications Subsegments:
1) By Oil Upstream: Exploration, Drilling, Completion, Production, Well Intervention, Subsea Equipment
2) By Oil Downstream: Refining, Distribution, Marketing, Petrochemical Production, Storage And Transportation, LNG Processing
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Shell plc, Equinor ASA, Schlumberger Limited, Baker Hughes Company, Halliburton Company, TechnipFMC plc, Saipem S.p.A., China Oilfield Services Limited, Subsea 7 S.A., Weatherford International plc, Murphy Oil Corporation, Noble Corporation plc, Transocean Ltd., Valaris Limited, KCA Deutag Drilling Limited, Seadrill Limited, W&T Offshore Inc., Établissements Maurel & Prom S.A., Vantage Drilling International, Stena Drilling Ltd.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

2. Rig And Oil Field Market Characteristics

3. Rig And Oil Field Market Trends And Strategies

4. Rig And Oil Field Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Rig And Oil Field Growth Analysis And Strategic Analysis Framework

5.1. Global Rig And Oil Field PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Rig And Oil Field Market Growth Rate Analysis

5.4. Global Rig And Oil Field Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Rig And Oil Field Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Rig And Oil Field Total Addressable Market (TAM)

6. Rig And Oil Field Market Segmentation

6.1. Global Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Oil Upstream

Oil Downstream

6.2. Global Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Offshore

Onshore

6.3. Global Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Residential

Commercial

Industrial

Other Applications

6.4. Global Rig And Oil Field Market, Sub-Segmentation Of Oil Upstream, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Exploration

Drilling

Completion

Production

Well Intervention

Subsea Equipment

6.5. Global Rig And Oil Field Market, Sub-Segmentation Of Oil Downstream, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Refining

Distribution

Marketing

Petrochemical Production

Storage and Transportation

LNG Processing

7. Rig And Oil Field Market Regional And Country Analysis

7.1. Global Rig And Oil Field Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Rig And Oil Field Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Rig And Oil Field Market

8.1. Asia-Pacific Rig And Oil Field Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Rig And Oil Field Market

9.1. China Rig And Oil Field Market Overview

9.2. China Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Rig And Oil Field Market

10.1. India Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Rig And Oil Field Market

11.1. Japan Rig And Oil Field Market Overview

11.2. Japan Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Rig And Oil Field Market

12.1. Australia Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Rig And Oil Field Market

13.1. Indonesia Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Rig And Oil Field Market

14.1. South Korea Rig And Oil Field Market Overview

14.2. South Korea Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Rig And Oil Field Market

15.1. Western Europe Rig And Oil Field Market Overview

15.2. Western Europe Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Rig And Oil Field Market

16.1. UK Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Rig And Oil Field Market

17.1. Germany Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Rig And Oil Field Market

18.1. France Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Rig And Oil Field Market

19.1. Italy Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Rig And Oil Field Market

20.1. Spain Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Rig And Oil Field Market

21.1. Eastern Europe Rig And Oil Field Market Overview

21.2. Eastern Europe Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Rig And Oil Field Market

22.1. Russia Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Rig And Oil Field Market

23.1. North America Rig And Oil Field Market Overview

23.2. North America Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Rig And Oil Field Market

24.1. USA Rig And Oil Field Market Overview

24.2. USA Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Rig And Oil Field Market

25.1. Canada Rig And Oil Field Market Overview

25.2. Canada Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Rig And Oil Field Market

26.1. South America Rig And Oil Field Market Overview

26.2. South America Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Rig And Oil Field Market

27.1. Brazil Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Rig And Oil Field Market

28.1. Middle East Rig And Oil Field Market Overview

28.2. Middle East Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Rig And Oil Field Market

29.1. Africa Rig And Oil Field Market Overview

29.2. Africa Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Rig And Oil Field Market Competitive Landscape And Company Profiles

30.1. Rig And Oil Field Market Competitive Landscape

30.2. Rig And Oil Field Market Company Profiles

30.2.1. Shell plc Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Equinor ASA Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Schlumberger Limited Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Baker Hughes Company Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Halliburton Company Overview, Products and Services, Strategy and Financial Analysis

31. Rig And Oil Field Market Other Major And Innovative Companies

31.1. TechnipFMC plc

31.2. Saipem S.p.A.

31.3. China Oilfield Services Limited

31.4. Subsea 7 S.A.

31.5. Weatherford International plc

31.6. Murphy Oil Corporation

31.7. Noble Corporation plc

31.8. Transocean Ltd.

31.9. Valaris Limited

31.10. KCA Deutag Drilling Limited

31.11. Seadrill Limited

31.12. W&T Offshore Inc.

31.13. Établissements Maurel & Prom S.A.

31.14. Vantage Drilling International

31.15. Stena Drilling Ltd.

32. Global Rig And Oil Field Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Rig And Oil Field Market

34. Recent Developments In The Rig And Oil Field Market

35. Rig And Oil Field Market High Potential Countries, Segments and Strategies

35.1 Rig And Oil Field Market In 2029 - Countries Offering Most New Opportunities

35.2 Rig And Oil Field Market In 2029 - Segments Offering Most New Opportunities

35.3 Rig And Oil Field Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Rig And Oil Field Market, Sub-Segmentation Of Oil Upstream, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Rig And Oil Field Market, Sub-Segmentation Of Oil Downstream, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Rig And Oil Field Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Rig And Oil Field Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Asia-Pacific, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Asia-Pacific, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Asia-Pacific, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: China, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: China, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: China, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: India, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: India, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: India, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: Japan, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: Japan, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: Japan, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Australia, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Australia, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Australia, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Indonesia, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Indonesia, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Indonesia, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: South Korea, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: South Korea, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: South Korea, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: Western Europe, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: Western Europe, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Western Europe, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: UK, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: UK, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: UK, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: Germany, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: Germany, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: Germany, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: France, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: France, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: France, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: Italy, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: Italy, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: Italy, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Spain, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Spain, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Spain, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Eastern Europe, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Eastern Europe, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Eastern Europe, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Russia, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Russia, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Russia, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: North America, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: North America, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: North America, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: USA, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: USA, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: USA, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: Canada, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: Canada, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: Canada, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: South America, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: South America, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: South America, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: Brazil, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: Brazil, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: Brazil, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Middle East, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Middle East, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Middle East, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Africa, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Africa, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Africa, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Shell plc Financial Performance
  • Table 77: Equinor ASA Financial Performance
  • Table 78: Schlumberger Limited Financial Performance
  • Table 79: Baker Hughes Company Financial Performance
  • Table 80: Halliburton Company Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Rig And Oil Field Market, Sub-Segmentation Of Oil Upstream, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Rig And Oil Field Market, Sub-Segmentation Of Oil Downstream, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Rig And Oil Field Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Rig And Oil Field Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Asia-Pacific, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Asia-Pacific, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Asia-Pacific, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: China, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: China, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: China, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: India, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: India, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: India, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: Japan, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: Japan, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: Japan, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Australia, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Australia, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Australia, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Indonesia, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Indonesia, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Indonesia, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: South Korea, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: South Korea, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: South Korea, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: Western Europe, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: Western Europe, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Western Europe, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: UK, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: UK, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: UK, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: Germany, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: Germany, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: Germany, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: France, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: France, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: France, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: Italy, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: Italy, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: Italy, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Spain, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Spain, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Spain, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Eastern Europe, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Eastern Europe, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Eastern Europe, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Russia, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Russia, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Russia, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: North America, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: North America, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: North America, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: USA, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: USA, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: USA, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: Canada, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: Canada, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: Canada, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: South America, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: South America, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: South America, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: Brazil, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: Brazil, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: Brazil, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Middle East, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Middle East, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Middle East, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Africa, Rig And Oil Field Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Africa, Rig And Oil Field Market, Segmentation By Drilling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Africa, Rig And Oil Field Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Shell plc Financial Performance
  • Figure 77: Equinor ASA Financial Performance
  • Figure 78: Schlumberger Limited Financial Performance
  • Figure 79: Baker Hughes Company Financial Performance
  • Figure 80: Halliburton Company Financial Performance

Frequently Asked Questions

A rig and oil field refer to the infrastructure and land area used for extracting crude oil and natural gas from beneath the Earth's surface. These sites house drilling rigs, pipelines, and processing units to explore, extract, and transport hydrocarbons for industrial and commercial use. For further insights on this market, request a sample here

The market major growth driver - Rising Energy Demand Driving Growth Of Market Due To Increasing Need For Oil And Gas Extraction. For further insights on this market, request a sample here

The rig and oil field market size has grown strongly in recent years. It will grow from $68.66 billion in 2024 to $73.09 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to increasing energy demand, increasing use of AI and automation, rising focus on carbon capture and storage (CCS), increasing crude oil prices, increasing offshore and onshore exploration, and increasing investments in oilfield infrastructure. The rig and oil field market size is expected to see strong growth in the next few years. It will grow to $94.53 billion in 2029 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to increasing deepwater and ultra-deepwater exploration, growing investments in renewable energy integration, rise in geopolitical tensions impacting oil supply, rising government support for fossil fuel exploration, and increasing capital expenditure by oil & gas companies. Major trends in the forecast period include advancements in drilling, advancements in drilling automation, adoption of digital oilfield technology, shift towards sustainable drilling practices, development of smart drilling techniques, and integration of IoT in oilfield operations. For further insights on this market, request a sample here

The rig and oil fieldmarket covered in this report is segmented –
1) By Type: Oil Upstream, Oil Downstream
2) By Drilling Type: Offshore, Onshore
3) By Application: Residential, Commercial, Industrial, Other Applications Subsegments:
1) By Oil Upstream: Exploration, Drilling, Completion, Production, Well Intervention, Subsea Equipment
2) By Oil Downstream: Refining, Distribution, Marketing, Petrochemical Production, Storage And Transportation, LNG Processing For further insights on this market,
request a sample here

North America was the largest region in the rig and oil field market in 2024. Middle East is expected to be the fastest-growing region in the forecast period. The regions covered in the rig and oil field market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Major companies operating in the rig and oil field market are Shell plc, Equinor ASA, Schlumberger Limited, Baker Hughes Company, Halliburton Company, TechnipFMC plc, Saipem S.p.A., China Oilfield Services Limited, Subsea 7 S.A., Weatherford International plc, Murphy Oil Corporation, Noble Corporation plc, Transocean Ltd., Valaris Limited, KCA Deutag Drilling Limited, Seadrill Limited, W&T Offshore Inc., Établissements Maurel & Prom S.A., Vantage Drilling International, Stena Drilling Ltd. . For further insights on this market, request a sample here.

Major trends in this market include Innovative Technologies Revolutionizing Drilling Operations. For further insights on this market, request a sample here.

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