Oil & Gas Production Refining and Marketing Services & Equipment Transportation & Export Design & EPC Lubricants & Greases Petrochemical Industry
Over the past 20 years, RPI has carried out hundreds of studies on all major segments of the oil and gas industry of Russia, CIS and Eastern Europe.

RPI specialists are permanently in close connect with the industry and monitor its developments closely to provide best-in-class analytics and information support for industry players.
Subscribe to RPIs newsletter:

  

Additional services:
  • Preparing an expanded report tailored to the clients goals and targets
  • Partner search on the market under study
  • Creating an individual presentation
  • Information and research support for the client with a focus on the topic of the report

Russian Oil Drilling Market: Current Situation and Development Prospects through 2026
Russian Oil Drilling Market: Current Situation and Development Prospects through 2026
Released: March 2017
Language: English or Russian
Quanity: ~90 pages
Format: book and CD
Delivery: express shipping (2-4 days)
Price: € 1.250
The English version of the report is available in 2-3 weeks after ordering

In 2016, the Russian drilling market witnessed the shaping of new trends that will have a significant impact on business opportunities and strategic planning.

• In 2016, Russia’soil production reached its all-time hightotaling 547.5 million tons (10.95 million barrels per day). Compared to 2015, oil production grew by 3.8 percent, primarily driven by increase in drilling footage, which jumped by 23.2 percent year-on-year.

In accordance with the Dec. 10, 2016 agreement to curb oil output, Russias oil production in 2017 is expected to drop by approximately 0.5 percent compared to 2016. This implies a serious adjustment for the drilling market,as footage under this scenario may drop by up to 20 percentyear-on-year. In January-February, production drilling volumes have decreased by 17 percent relative to the three-year growth trend.

In mid-term perspective, oil production in Russia is projected to grow moderately, reaching the level of 570 million tons in 2025. Drilling will mainly be oriented toward sustaining oil production levels. Starting 2018, the key trends on the drilling market will bemoderate growth in physical volumes(the 2016 drilling footage level of 25.6 million meters is not going to be matched before 2021) andstronger growth in monetary terms.

In monetary terms, the market will be driven by horizontal drilling, the share of which in total drilling has grown from 11 percent in 2010 to36 percent in 2016, and is projected to reach 44 percent by 2021. This trendpresents substantial opportunitiesfor suppliers of services, equipment and technology in the areas of directional drilling and completion.

The new research reportRussian oil drilling market, produced byRPI, provides the most detailed analysis of this key market available off-the-shelf. The report aims at supporting industry players strategic and day-to-day decision-making through the following key elements of the research:

- Evaluation of key market development trends and factors, including both at the oil industry level, and specific to the drilling market and its key segments.
- Market size projections to 2026 for production drilling (separately for horizontal drilling) and exploration drilling. The projections are broken down by key oil production regions, taking into account factors specific to each region.
- Analysis of important customers and contractors, including drilling volumes and rig fleets.

The reportprovides basis for further evaluation of a broad spectrum of drilling related segments, including directional drilling services and completion.

The sourcesused for producing the report are RPIs industry knowledge base, company data, statistics, and assessments by industry experts.

Russian Oil Drilling Market is the first in a series of reports on the main segments of Russian oilfield services market. The reports analyze the current state and outlook to 2026 for the following markets:

1. Directional drilling services(1250 Euro)
2. Sidetracking(1250 Euro)
3. Well workover(1250 Euro)
4. Hydraulic fracturing(1250 Euro)
5. Coiled tubing(1150 Euro)
1. INTRODUCTION
2. EXECUTIVE SUMMARY
3. OIL AND GAS CONDENSATE PRODUCTION IN RUSSIA IN 2005-2016
3.1 Production by company
3.2 Production by main oil region
3.3 Projection for 2017 2025
4. RUSSIAN OILFIELD SERVICES: MARKET SIZE AND SEGMENTATION
5. CURRENT STATE OF THE DRILLING MARKET
5.1 Historical drilling volumes, 2006-2016: production and exploration drilling
5.2 Market size in monetary terms, 2006-2016
5.3 Key trends
Developments in horizontal drilling
Drilling expenditures
Effects from production enhancement methods
5.4 Key technological factors
5.6 Key management challenges and trends
6. MARKET OUTLOOK FOR 2017-2026
6.1 Methodology
6.2 Production drilling volumes (footage)
6.3 Horizontal drilling volumes (footage)
6.4 Exploration drilling volumes (footage)
6.5. Market projection in monetary terms
7. MAIN CUSTOMERS
8. DRILLING CONTRACTORS
8.1 Drilling contractors’ market shares
8.2 Rig fleets
8.3 Competition in key regions
8.4 M&A transactions in 2016
9. PROFILES OF DRILLING CONTRACTORS
9.1 Independent drilling contractors
Burenie LLC (Tatburneft)
Catoil Drilling (Petro Welt Technologies)
Eurasia Drilling Company
Gazprom Burenie
ERIELL
Integra Burenie
Investgeoservis Group
KCA Deutag
Nabors Drilling
NSKh Asia Drilling (Neftservisholding)
Siberian Services Company (SSK)
9.2 DRILLING SUBSIDIARIES AND DIVISIONS OF OIL COMPANIES
Rosnefts drilling subsidiaries: RN Burenie, Targin Burenie
Slavnefts drilling subsidiaries
Surgutneftegazs drilling division

Feedback

You can ask your question about report or leave your comment in a form below.

* By sending this form you agree with the Privacy policy and Processing of your personal data.



SUBJECT
FULL NAME*
E-MAIL*
PHONE*
COMPANY NAME*
MESSAGE*