Global Managed Pressure drilling Market Size, Status and Forecast 2018-2025

This report focuses on the global Managed Pressure drilling status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Managed Pressure drilling development in United States, Europe and China.

Managed Pressure Drilling (MPD) is defined by the International Association of Drilling Contractors (IADC) as “an adaptive drilling process used to more precisely control the annular pressure profile throughout the wellbore." The objectives of MPD are “to ascertain the downhole pressure environment limits and to manage the annular hydraulic pressure profile accordingly."
Drilling with MPD gives operators the ability to rapidly adjust bottom hole pressure to reducing non-productive time (NPT) risks associated with mitigating kicks, losses and wellbore stability issues. With MPD operators can decrease bottom hole pressure related NPT, reducing drilling days and improving overall economic viability of well construction.
In 2017, the global Managed Pressure drilling market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.

The key players covered in this study
Baker Hughes
National Oilwell Varco
Halliburton
Schlumberger
Weatherford International
Ensign Energy Services
Enhanced Drilling
Petrolor Oilfield Services
Archer
GE Oil & Gas

Market segment by Type, the product can be split into
Constant Bottom Hole Pressure
Mud Cap Drilling
Dual Gradient Drilling

Market segment by Application, split into
Offshore
Onshore

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:
To analyze global Managed Pressure drilling status, future forecast, growth opportunity, key market and key players.
To present the Managed Pressure drilling development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Managed Pressure drilling are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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