Report Description

Saudi Arabia Logging while Drilling (LWD) market is expected to grow at a steady pace in the forecast period 2024-2028, due to a variety of factors, including an increase in drilling and completion activities, which is the reason why the demand for logging while drilling (LWD) rose over the course of the research period. However, the recent price volatility brought on by the imbalance between supply and demand, geopolitics, and other reasons has prevented the need for logging and drilling from growing (LWD). However, the fluctuating prices in recent years due to the supply-demand imbalance, geopolitics, and other factors have been preventing the need for logging while drilling from increasing (LWD).

LoggingWhile drilling is the process of moving well logging equipment downhole at thesubsurface area. as part of the bottom hole assembly. The words "loggingwhile drilling" (LWD) and "measurement while drilling" (MWD) areoccasionally used synonymously to describe methods and procedures forcollecting down-hole data while drilling, without having to take drill pipe outof the well.

Increased Advantages of Logging While Drilling is Driving theSaudi Arabia Logging While Drilling (LWD) Market.

Logging time and the need forextra equipment are reduced by robotic logging techniques. Numerous benefits ofrobotic logging include reduced NPT, reduced energy use, and a speedierresponse time. These advantages are believed to clear the way for the market'sgrowth. The increase in the number of oil and gas finds and the liberalizationof the industry will further speed up the rate of development of the market forlogging during drilling. The development of drilling and completion activities inSaudi Arabia will also support a rise in market value. It is envisaged thatonshore projects will boost the market's expansion by capitalizing on theconfidence generated by the recovery of crude oil prices.

 

The Rise in Industrialization and Increase in Urbanization to further Support Market Growth

Industrialization and urbanization trends are driving the demand for energy and power generation. The market revenue from logging during drilling operations can be increased through deep water and unconventional energy and power operations. The growth of the Saudi Arabia logging during drilling market is anticipated to be fueled by the desire for technical innovations in oil and gas production that are cost competitive. Since energy is a fundamental element of growth, many developing countries are beginning to recognize the importance of E&P activities, which are anticipated to hasten market progress. As a result of new developments in the onshore oil and gas sector, greater exploration of unconventional resources, and the stability of crude oil prices, the demand for logging while drilling services is anticipated to rise.

Increasing Demand for Real-Time Formation Evaluation to Optimize the Production Cost

For efficient oil and gas production, oilfield service companies are carefully planning the entire exploration process. Numerous techniques are used to enhance the well's performance in order to increase output. Accurate formation appraisal is necessary in order to make well-informed decisions on future operations, and drilling while logging essentially provides this service. To produce fluid gradients, determine contacts, and measure precise in-situ pressures in probable reservoir rock, amodular wireline formation tester is used. Additionally, the productivity of thin beds determined by formation evaluation approaches is confirmed using estimates of local formation permeability derived from analyses of pretests.


Download Free Sample Report 

Market Segmentation

The Saudi Arabia logging while drilling(LWD) market is divided into Application and Technology. Based on Application, the market is divided into Onshore, Offshore {Shallow Water, Deepwater, Ultra-Deepwater. Based on Technology the market is divided into Natural Gamma Ray, Sonic, Borehole Images, Formation tester, and Others.

Market Players

Major market players in the Saudi Arabia logging while drilling (LWD) market are Baker Hughes Dhahran Base, Schlumberger -Saudi Arabia SLB, Halliburton, NOV SAUDI ARABIA TRADING CO., Weatherford Saudi Arabia Ltd., Saudi Aramco nabors drilling(SANAD), Arabian Projects &Supplies Company, Scientific Drilling Saudi.


Attribute

Details

Base Year

2022

Historic Data

2018 – 2022

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, company share, growth factors, and trends

Segments covered

Application

Technology

Regional scope

Eastern Region, Central & Northern Region, Western Region, Southern Region

Key companies profiled

Baker Hughes Dhahran Base, Schlumberger - Saudi Arabia SLB, Halliburton, NOV SAUDI ARABIA TRADING CO., Weatherford Saudi Arabia Ltd., Saudi Aramco nabors drilling, Arabian Projects & Supplies Company, Scientific Drilling Saudi

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, the Saudi Arabia logging while drilling (LWD) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

          ·        Logging While Drilling (LWD) Market, By Application:

    • Onshore
    • Offshore
      • Shallow Water
      • Deepwater
      • Ultra-Deepwater

         ·        Logging While Drilling (LWD) Market, By Technology:

    • Natural gamma ray
    • Sonic
    • Borehole Images
    • Formation tester
    • Others

        ·        Logging While Drilling (LWD) Market, By Region:

o   Eastern Region

o   Central & Northern Region

o   Western Region

o   Southern Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Saudi Arabia logging while drilling (LWD) market.

Available Customizations:

Saudi Arabia logging while drilling (LWD) market report with the given market data,Tech Sci Research offers customizations according to a company's specificneeds. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Saudi Arabia logging while drilling (LWD) market is an upcoming report to bereleased soon. If you wish an early delivery of this report or want to confirmthe date of release, please contact us at [email protected]

Table of content

1.    Service Overview

2.    Research Methodology

3.    Impact of COVID-19 on Saudi Arabia logging while drilling (LWD) market

4.    Executive Summary

5.    Voice of Customers

6.    Saudi Arabia logging while drilling (LWD) market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Application (Onshore, offshore {Shallow Water, Deepwater, Ultra-Deepwater})

6.2.2.    By Technology (Natural Gamma Ray, Sonic, Borehole Images, Formation tester, Others)

6.2.3.    By Region

6.2.4.    By Company

6.3.  Market Map

7.    Eastern Region Logging while drilling (LWD) market Outlook.

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Application

7.2.2.    By Technology

8.    Central & Northern Region Logging while drilling (LWD) market Outlook.

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Application

8.2.2.    By Technology

9.    Western Region Logging while drilling (LWD) market Outlook.

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Application

9.2.2.    By Technology

10. Southern Region Logging while drilling (LWD) market Outlook.

10.1.             Market Size & Forecast

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Application

10.2.2. By Technology

11. Market Dynamics

11.1. Drivers

11.1.1. Development and Investments

11.2. Challenges

11.2.1. Lack Of Research and Development

11.2.2. Volatile Prices

12. Market Trends & Developments

12.1.   Increased Advantages of Logging While Drilling

12.2.   The Saudi Arabia rises in Industrialization.

13. Company Profiles

13.1.              Baker Hughes Dhahran Base

13.1.1. Business Overview

13.1.2. Key Revenue and Financials (if Available)

13.1.3. Recent Developments

13.1.4. Key Personnel

13.1.5. Key Product/Services

13.2.             Schlumberger - Saudi Arabia SLB

13.2.1. Business Overview

13.2.2. Key Revenue and Financials (if Available)

13.2.3. Recent Developments

13.2.4. Key Personnel

13.2.5. Key Product/Services

13.3.             Halliburton

13.3.1. Business Overview

13.3.2. Key Revenue and Financials (if Available)

13.3.3. Recent Developments

13.3.4. Key Personnel

13.3.5. Key Product/Services

13.4.              NOV SAUDI ARABIA TRADING CO.  

13.4.1. Business Overview

13.4.2. Key Revenue and Financials (if Available)

13.4.3. Recent Developments

13.4.4. Key Personnel

13.4.5. Key Product/Services

13.5.             Weatherford Saudi Arabia Ltd.

13.5.1. Business Overview

13.5.2. Key Revenue and Financials (if Available)

13.5.3. Recent Developments

13.5.4. Key Personnel

13.5.5. Key Product/Services

13.6.             Saudi Aramco nabors drilling

13.6.1. Business Overview

13.6.2. Key Revenue and Financials (if Available)

13.6.3. Recent Developments

13.6.4. Key Personnel

13.6.5. Key Product/Services

13.7.             Arabian Projects & Supplies Company

13.7.1. Business Overview

13.7.2. Key Revenue and Financials (if Available)

13.7.3. Recent Developments

13.7.4. Key Personnel

13.7.5. Key Product/Services

13.8.             Scientific Drilling Saudi

13.8.1. Business Overview

13.8.2. Key Revenue and Financials (if Available)

13.8.3. Recent Developments

13.8.4. Key Personnel

13.8.5. Key Product/Services

14. Strategic Recommendations

14.1.   Key focus on Eastern region

14.2.   Key segment in Application

About Us & Disclaimer

Figures and Tables

Frequently asked questions

down-arrow

The key players profiled in the report include Baker Hughes Dhahran Base, Schlumberger - Saudi Arabia SLB, Halliburton, NOV SAUDI ARABIA TRADING CO., Weatherford Saudi Arabia Ltd., Saudi Aramco nabors drilling (SANAD), Arabian Projects & Supplies Company, Scientific Drilling Saudi and many more.

down-arrow

Although the terms "measurement while drilling" (MWD) and "land while drilling" (LWD) are related, in the context of this section, "MWD" refers to directional-drilling measurements, such as those made for decision support to ensure that the drilling goes smoothly, and "LWD" refers to measurements made while drilling about the geological formation.

down-arrow

By inserting various types of sensors into the borehole, well logging is used in the petroleum sector to locate oil and gas intervals and measure the characteristics of reservoir rock.

down-arrow

The main challenges faced in Saudi Arabia logging while drilling (LWD) market are Lack of Research & Development and Price Volatility.

profile

Parvati Sharma

Account Manager BD
Press Release

Saudi Arabia Logging while Drilling (LWD) Market Expected to Grow at High CAGR Through 2028

Mar, 2023

Increased advantages of Logging while Drilling and the rise in industrialization and urbanization are expected to drive the demand in Saudi Arabia logging while drilling (LWD) market.