India oilfield services market stood at around $ 1.35 billion in 2017 and is forecast to grow at a CAGR of over 7% to surpass $ 2.84 billion by 2027. Growth in the market is anticipated on account of growing demand for oil & gas, rising on-site demand and evolving technologies being used in oilfields. West and East regions are expected to witness a faster growth due to the presence of larger oil fields and allocation of new blocks in both offshore and onshore sites. Moreover, rising foreign investments in Indian oil & gas sector and rising adoption of advanced technology is further expected to propel growth in India oilfield services market through 2027.

Years Considered for this Report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019–2027

Objective of the Study:

  • The primary objective of the study was to understand and gain insights about the India oilfield services market and its segmental analysis By Application, By Services, By Region and By Company.
  • To estimate, calculate and forecast market size for India oilfield services market.
  • To categorize and forecast India oilfield services market by application - Onshore and Offshore.
  • To segment and forecast India oilfield services market by services such as Drilling Services, Mud Engineering, Wireline Services, Pressure Pumping Services, Cementing Services, Oil Country Tubular Goods Services, Well Intervention Services, Mud Logging, Coiled Tubing Services Market, Completion Equipment & Services, and Drilling Waste Management Services.
  • To categorize and forecast India oilfield services market by regions - North, East, West and South regions.
  • To categorize and forecast India oilfield services market by Company - Schlumberger, Halliburton, Baker Hughes, Essar Oil Field Services Limited, HLS Asia and Others.
  • To identify major drivers & challenges for oilfield services market in India.
  • To identify major trends in India oilfield services market.
  • To profile major companies operating in India oilfield services market.


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Some of the major players operating in India oilfield services market include Schlumberger Limited, Halliburton Oilfield Services India Limited, Baker Hughes, a GE Company, ESSAR OILFIELD SERVICES INDIA LIMITED, HLS Asia Limited, Reliance Industries Limited, Royal Dutch Shell, Cairn India Limited, Weatherford International plc and ASIAN OILFIELD SERVICES LIMITED.

  

To analyze and forecast the India oilfield services market, both top-down and bottom-up approaches have been used. Multiple employees from the following companies have been interviewed through telephonic conversations to extract and verify the information being collected at the source. A brief study of the major players operating in India oilfield services market was conducted, which included analysis of information such as ongoing projects, followed by the details of expected year of commissioning and estimated investments along with the expansion plans of various projects in the country. Moreover, detailed and in-depth scrutiny of information was done to understand each policy or external or internal factors, which could increase or decrease the demand for oilfield services in India.

To extract data, primary surveys were conducted with key players and stakeholders in the industry. The future plans of major players were studied and projects which have commissioned were identified. Various secondary sources such as white papers and secondary literature on Petroleum Planning & Analysis Cell; BP Statistics 2017; Ministry of Petroleum and Natural Gas, India; OPEC Annual Statistical Bulletin 2017; company websites & annual reports; etc. were also studied by TechSci Research.

 

Key Target Audience:

  • Oilfield service providers
  • National oil companies and other stakeholders
  • Government bodies such as regulating authorities and policy makers
  • Associations, organizations, forums and alliances related to oilfield services market
  • Market research and consulting firms

The study is essential in delivering useful information to industry stakeholders such as oilfield service providers, national oil companies, etc.. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities.

Report Scope:

In this report, the India oilfield services market has been segmented into the following categories in addition to the industry trends which have also been detailed below

  • Market, By Application:
    • Onshore
    • Offshore
  • Market, By Services:
    • Drilling Services
    • Mud Engineering
    • Wireline Services
    • Pressure Pumping Services
    • Cementing Services
    • Oil Country Tubular Goods Services
    • Well Intervention Services
    • Mud Logging
    • Coiled Tubing Services
    • Completion Equipment & Services
    • Drilling Waste Management Services
  •          Market, By Region:

o    West

o    North

o    South

o    East

  •          Market, By Company:

o    Schlumberger Limited

o    Halliburton Oilfield Services India Limited

o    Baker Hughes, a GE Company

o    ESSAR OILFIELD SERVICES INDIA LIMITED

o    HLS Asia Limited

o    Others

Competitive Landscape:

Company Profiles: Detailed analysis of the major companies present in India oilfield services market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
In case of you can’t find what you are looking for, then please get in touch with our custom research team at sales@techsciresearch.com 

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.       Oilfield Services Definition

2.       Research Methodology

3.       Analyst View

4.       Value Chain Analysis

5.       Indian Oilfield Services Market Outlook

5.1.    Industry Structure

5.2.    Market Size & Forecast

5.2.1. By Value

5.3.    Market Share & Forecast

5.3.1. By Application

5.3.2. By Services

5.3.3. By Region

5.3.4. By Company

6.       India Onshore Oilfield Services Market Outlook

6.1.    Market Size & Forecast

6.1.1. By Value

6.2.    Market Share & Forecast

6.2.1.By Services

6.2.2.By Region

7.       India Offshore Oilfield Services Market Outlook

7.1.    Market Size & Forecast

7.1.1. By Value

7.2.    Market Share & Forecast

7.2.1.By Services

7.2.2.By Region

8.       Market Dynamics

8.1.    Drivers

8.2.    Challenges

9.       Market Trends & Developments

10.   Policy & Regulatory Landscape

11.   India Economic Profile

12.   Competitive Landscape

12.1.Schlumberger Limited

12.2.   Halliburton Oilfield Services India Limited

12.3.   Baker Hughes, a GE Company (BHGE)

12.4.   ESSAR OILFIELD SERVICES INDIA LIMITED

12.5.   HLS Asia Limited

12.6.   Reliance Industries Limited

12.7.   Royal Dutch Shell

12.8.   Cairn India Limited

12.9.   Weatherford International plc

12.10.   ASIAN OILFIELD SERVICES LIMITED

13.   Strategic Recommendations

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com
  • List of Figures

     

    Figure 1: Oilfield Services Market Size, By Value (USD Million), 2013-2027F

    Figure 2: Number of Active Rigs in India, 2012-2016

    Figure 3: Global Average Spot Price of Crude Oil in USD/Barrel, 2013-2025F

    Figure 4: Global Crude Oil Price Forecast, By Value (USD/bbl), 2008-2020F

    Figure 5: Indian Oilfield Services Market Share, By Application, By Value, 2017 & 2027F

    Figure 6: Number of Development Wells Drilled in India, 2013-2027F

    Figure 7: Indian Oilfield Services Market Share, By Services, By Value, 2017 & 2027F

    Figure 8: India’s Crude Oil Consumption and Production (Barrel/Day), 2010-2016

    Figure 9: India Installed Refinery Capacity, 2013-2017, As of April 2017 (MMT)

    Figure 10: Aggregate Petrochemical Demand in India, 2015-2018E (MMT)

    Figure 11: Indian Oilfield Services Market Share, By Region, By Value, 2017 & 2027F

    Figure 12: New Exploration & Licensing Policy Rounds, By Numbers, 2000-2012

    Figure 13: Indian Oilfield Services Market Share, By Company, 2017 & 2027F

    Figure 14: India Onshore Oilfield Services Market Size, By Value (USD Million), 2013-2027F

    Figure 15: Average Monthly Price of Brent Crude Oil (USD/Barrel), Jan-17 to Jan-18

    Figure 16: India Onshore Oilfield Services Market Share, By Services, By Value, 2017 & 2027F

    Figure 17: India Exploration and Production Activities Market Size, By Value, 2016-2021F (USD Million)

    Figure 18: India Onshore Oilfield Services Market Share, By Region, By Value, 2017 & 2027F

    Figure 19: India Offshore Oilfield Services Market Size, By Value (USD Million) 2013-2027F

    Figure 20: India Offshore Oilfield Services Market Share, By Services, By Value, 2017 & 2027F

    Figure 21: India Offshore Oilfield Services Market Share, By Region, By Value, 2017 & 2027F

     

    List of Tables

     

    Table 1: India Installed Refinery Capacity, By Refinery, 2013-2017 (‘000 MT)

    Table 2: India Oilfield Blocks Allocation Under OALP Bid Round-1, As of January 2018

    Table 3: India Oilfield Discoveries Under DSF Bid Round-2, As of January 2018

    Table 4: India Cost of Production for Indigenous Urea with Gas Feedstock, 2015-2017 (USD/MT)

    Table 5: State-wise Natural Gas Production Trends (MMSCMD), 2012-2016

    Table 6: State-wise Crude Oil Production Trends, 2010-2016 (Thousand Metric Tons)

    Table 7: Year-wise FDI Inflows under Petroleum & Gas Sector, 2010-2016

    Table 8: State-wise Natural Gas Production Trends (MMSCMD), 2010-2016

    Table 9: State-wise Crude Oil Production Trends, 2010-2016 (Thousand Metric Tons)

    Table 10: India Legal and Regulatory Bodies for Oil & Gas Sector