Press Release

Schlumberger to Continue Leading Oilfield Services Market in India

Increasing GDP coupled with rising investments in E&P activities in upstream sector to steer growth in India oilfield services market during the forecast period

According to a recently published TechSci Research report, India Oilfield Services Market By Application, By Service, Competition Forecast & Opportunities, 2013 - 2027’’, oilfield market in India is forecast to surpass $ 2.84 billion by 2027. Evolving technologies, rising demand for oil & gas, along with development of new fields is expected to propel demand for oilfield services in the country during the forecast period. In India, major areas of oil & gas exploration include Gujarat, Assam, Andhra Pradesh and Mumbai. A number of new exploration activities are going on in these areas, which is further contributing to the growth of India oilfield services market. Schlumberger Limited is the market leader in India oilfield services market and is likely to maintain its dominance during the forecast period as well due to the company’s increasing involvement in various projects from leading oil Indian oil majors such as ONGC, Reliance and Cairn India.

Browse 31market data Figures and Tables spread through 72 Pages and an in-depth TOC on  "India Oilfield Services Market"

On the basis of application, India oilfield services market is segmented into onshore and offshore. Onshore accounted for the largest value share in India oilfield services market in 2017 and is likely to maintain its dominance throughout the forecast period as well on the back of a large number of opportunities in onshore oilfield services. West India held the largest share in India oilfield services market on account of presence of larger oilfields and allocation of new blocks in western India. Among different service categorizations, India oilfield services market was dominated by drilling services, followed by pressure pumping services and oil country tubular goods services, in 2017.

Download Sample Report @

Customers can also request for 10% free customization on this report.

As of 2016, India’s oil production was 856 thousand barrels per day, whereas India’s consumption stood at 4,489 thousand barrels per day, thereby emanating the need for more oilfields in order to fill the demand-supply gap. Government of India is also increasing its focus on boosting production of oil within the country in order to decrease oil imports, which is anticipated to positively influence India oilfield services market in the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

India Oilfield Services Market By Application, By Service, Competition Forecast & Opportunities, 2013 - 2027” has evaluated the future growth potential of India oilfield services market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decision. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in India oilfield services market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.


Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017


Tel: +1-646-360-1656


Email: [email protected]