Global Rental and Fishing Services Market Outlook to 2028
About the Report
The increasing demand for oil and gas coupled with continued exploration activities, rising well development and redevelopment activities, and increasing deviated & lateral length of well are significant factors driving the demand for the global rental and fishing services market.
The fishing Services are used on a contingency basis when drilling a well to retrieve an object, called a fish or junk from the well. This fish, or junk, maybe in the well due to a broken down-hole tool, drill pipe, drill bit, or object fell that has fallen down the well from the surface.
Fishing tools have been characterized as catch tools, junk tools, milling tools, and accessory tools. These are required for down-hole problems while drilling or servicing non-routine operations. Customers usually prefer rental fishing tools services to solve those down-hole problems.
The revenue for the rental and fishing tools market is anticipated to decline in the short term due to the spillover economic impact of the covid-19 pandemic.
The current oil price environment has put even greater pressure on service providers and suppliers. It is expected that the services' rates will continue to decline, at least till the end of 2020.
However, as economies are recovering from the low demand and low price web, it is anticipated that the rental and fishing tools market will grow in the medium term, owing to rising offshore development activities. Moreover, the rising rig count in North America, the development of new drilling sites shall also play to the global market's advantage.
Blackridge Research's Rental and Fishing Tools Market Report provides deep insights into the market's current and future growth outlook. The study offers a detailed analysis of various factors instrumental in affecting the rental and fishing tools market growth.
The report also addresses present and future market opportunities, market trends, developments, important commercial developments, regions, and segments poised for the fastest-growth, competitive landscape, and impact of Covid-19 on the market.
Table of Contents
1. Executive Summary
2. Research Scope and Methodology
3. Market Analysis
- 3.1 Introduction
- 3.2 Market Dynamics
- 3.2.1. Drivers
- 3.2.2 Restraints
- 3.3 Market Trends & Developments
- 3.4 Analysis of Covid-19 Impact
- 3.5 Market Opportunities
- 3.6 Market Size and Forecast
4. Industry Analysis
- 4.1 Supply Chain Analysis
- 4.2 Porter’s Five Forces Analysis
5. Regional Market Analysis
- 5.1 North America
- 5.2 Europe
- 5.3 Asia-Pacific
- 5.4 South America
- 5.5 Middle East & Africa
7. Key Company Profiles
- 6.1 Gulf Oilfield Supplies & Services
- 6.2 Drill Tech.
- 6.3 Graco Fishing &Rental Tools
- 6.4 Weatherford International
- 6.5 Woolley Tool Inc.
- 6.6 Drill Mount Oil Tools
- 6.7 Rubicon Oilfield
- 6.8 Baker Hughes
- 6.9 Catch Fishing Tools
- 6.10 Halliburton
8. Competitive Landscape
- 7.1 List of Notable Players in the Market
- 7.2 M&A, JV, and Agreements
- 7.3 Strategies of Key Players
8. Conclusions and Recommendations
List of Tables & Figures
Abbreviations
Additional Notes
Disclaimer
This report helps to:-
- Gain a deeper understanding of the impact of COVID 19, and oil & gas prices crash on the rental and fishing services market
- Equip yourself with rigorous analysis and forward-looking insight into the rental and fishing tools market across various regions
- Gain an understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development
- Assess market data and forecasts to understand how the demand evolve over the next 5 years
- Gain a comprehensive view of the emerging market trends and developments to assess market opportunities
- Be better informed of your competition by gaining access to detailed information and analysis of key industry players
- Keep on top of M&A developments, JV’s and other agreements to assess the evolving competitive landscape and enhance your competitive position
Who need this report?
- Oil & Gas Companies
- Equipment Manufacturers and Suppliers
- Charterers, and Operators
- Investors and Financing companies
- EPC Companies
- Government and Regulatory Organizations
What's included
Report - Global Rental and Fishing Services Market Outlook to 2028.pdf
Market Data - Global Rental and Fishing Services Market Outlook to 2028.xlsWhy buy this report?
- Gain a deeper understanding of the impact of Covid-19 on the <Global Rental and Fishing Services Market>.
- Equip yourself with rigorous analysis and forward-looking insights into the <Global Rental and Fishing Services Market> across multiple regions.
- Gain an understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development.
- Assess market size data and forecasts to understand how the demand across various segments evolves over the next few years.
- Gain a comprehensive view of the emerging market trends and developments to assess market opportunities.
- Be better informed of your competition by gaining access to detailed information and analysis of key industry players.
- Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position
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