Contract Drilling Market - Global Industry Analysis and Forecast

Contract Drilling Market Size by Service, Terrain Types, Depth, Region, Industry-Wide Analysis, Competitive Landscape Assessment & Long-Term Forecast to 2030

8.6%

CAGR (2024-2030)

12.53 USD Bn.

Market Size

303

Report Pages

123

Market Tables

Overview

The Contract Drilling Market size was valued at USD 12.53 Billion in 2023 and the total Contract Drilling revenue is expected to grow at a CAGR of 8.6% from 2024 to 2030, reaching nearly USD 22.32 Billion.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

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Contract Drilling Market Dynamics:

The contract drilling industry is a capital-intensive service-oriented business, which is expected to continue at a rate of more than 15% annually. Currently, most of the drilling rig fleet is owned by large contract drilling companies. The demand for drilling rigs is directly connected to the regional and worldwide levels of offshore & online exploration and expenditure by oil and gas companies. On the other hand, despite the demand for contract drilling and pressure pumping services, the industry experiences shortages of qualified personnel, which is expected to limit the market growth. Also, the fluctuations in the oil prices owing to the supply-demand gap, geopolitics, and several other factors are restraining the growth of the contract drilling market.

Contract Drilling Market Segment Analysis:

The deep and ultra-deepwater are expected to grow at an xx% rate in the contract drilling market, during the forecast period because of the upcoming exploration and production projects in countries like Brazil, Nigeria, and others. The investments related to deepwater projects are expected to drive market growth. The resources for deepwater are typically more expensive to develop, take a longer time to reach full production, and require additional investment in infrastructure because of their presence in remote locations. Most of the projects are currently under development, which is expected to continue their operations. Brazil is a leader in the development of deepwater and ultra-deepwater projects.

The positive growth in crude oil production, from deepwater and ultra-deepwater resources, is expected to drive the demand for contract drilling during the forecast period. Brazil and the United States together have accounted for more than 80% of ultra-deepwater production. The presence of experienced international oil companies in the deepwater development and deepwater reserves makes the United States and Brazil are boosting the market growth.

Contract Drilling Market Regional Insights:

The Middle East and African region include major oil producers like Saudi Arabia, Iran, Iraq, Kuwait, Angola Libya, and Nigeria. The development of the oil and gas industry in the African continent is expected to be beneficial for the contract drilling key players to invest in the African market. Furthermore, in Latin America countries like Brazil, Venezuela, Argentina, and Colombia have a large oil and gas industry area, which is expected to increase the demand for contract drilling operations.

The drilling operations in the offshore areas of Brazil coupled with the surge in drilling activities are driving the market growth. Also, the shale gas reserves in Argentina have the potential to attract contract drilling companies. The Brazilian offshore industry has started to witness recovery as the state oil. Advancement in drilling technologies has led to a shift of contract drilling companies. Key players are willing to invest in the exploration of the shallow and untapped deep and ultra-deep-water areas.

Contract Drilling Market Competitive Analysis:

The service provider companies are carrying out all the drilling operations on the behalf of the principal company as per the terms of the contract. They are focusing on the movement towards offshore drilling activities, which requires special expertise to carry out the drilling operations. The contract drilling industry is competitive and dynamic, and contractors are adopting business strategies in response to changing market demands and competitor activity. The Contractors are deriving their cash flow and earnings by leasing rigs for exploration and development and attempt to maximize their revenue through scale economies, specialization, and geographical diversity. The market value of contractors are depending upon their rig fleet, contract backlog, and operational and financial characteristics.

The objective of the report is to present a comprehensive analysis of the Global Contract Drilling Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Global Contract Drilling Market dynamics, structure by analyzing the market segments and projects the Global Contract Drilling Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Contract Drilling Market make the report investor’s guide.

Contract Drilling Market Scope: Inquire before buying

Global Contract Drilling Market
Report Coverage	Details
Base Year:	2023	Forecast Period:	2024-2030
Historical Data:	2018 to 2023	Market Size in 2023:	USD 12.53 Bn.
Forecast Period 2024 to 2030 CAGR:	8.6%	Market Size in 2030:	USD 22.32 Bn.
Segments Covered:	by Service	Onshore drilling operations Offshore drilling operations
	by Terrain Types	Short term contract drilling Long term contract drilling
	by Depth	Shallow Deep and Ultra-deep Water

Contract Drilling Market, by Region

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)

Contract Drilling Market, Key Players:

1. Schlumberger Limited
2. Basic Energy Services
3. Sidewinder Drilling, Inc.
4. Baker Hughes Incorporated
5. Halliburton
6. Transocean LTD
7. Seadrill Ltd
8. Ocean Rig UDW Inc
9. Ensco Plc
10. Noble Drilling PLC
12. Diamond Offshore Drilling Inc
13. China Oilfield Services Limited
14. Rowan Companies PLC
15. Maersk Group
16. Saipem SpA

Frequently Asked Questions:

1. Which region has the largest share in Global Contract Drilling Market?
Ans: MEA region held the highest share in 2023.

2. What was the Global Contract Drilling Market size in 2023?
Ans: The Global Contract Drilling Market size was USD 12.53 Billion in 2023.

3. What is scope of the Global Contract Drilling Market report?
Ans: Global Contract Drilling Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Contract Drilling Market?
Ans: The important key players in the Global Contract Drilling Market are – Schlumberger Limited, Basic Energy Services, Sidewinder Drilling, Inc., Baker Hughes Incorporated, Halliburton, Transocean LTD, Seadrill Ltd, Ocean Rig UDW Inc, Ensco Plc, Noble Drilling PLC, Diamond Offshore Drilling Inc, China Oilfield Services Limited, Rowan Companies PLC, Maersk Group, and Saipem SpA.

5. What is the study period of this Market?
Ans: The Global Contract Drilling Market is studied from 2023 to 2030.

Global Contract Drilling Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Contract Drilling Market Size, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Contract Drilling Market Analysis and Forecast 6.1. Contract Drilling Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Contract Drilling Market Analysis and Forecast, By Depth 7.1. Introduction and Definition 7.2. Key Findings 7.3. Contract Drilling Market Value Share Analysis, By Depth 7.4. Contract Drilling Market Size (US$ Bn) Forecast, By Depth 7.5. Contract Drilling Market Analysis, By Depth 7.6. Contract Drilling Market Attractiveness Analysis, By Depth 8. Global Contract Drilling Market Analysis and Forecast, By Service 8.1. Introduction and Definition 8.2. Key Findings 8.3. Contract Drilling Market Value Share Analysis, By Service 8.4. Contract Drilling Market Size (US$ Bn) Forecast, By Service 8.5. Contract Drilling Market Analysis, By Service 8.6. Contract Drilling Market Attractiveness Analysis, By Service 9. Global Contract Drilling Market Analysis and Forecast, By Terrain Types 9.1. Introduction and Definition 9.2. Key Findings 9.3. Contract Drilling Market Value Share Analysis, By Terrain Types 9.4. Contract Drilling Market Size (US$ Bn) Forecast, By Terrain Types 9.5. Contract Drilling Market Analysis, By Terrain Types 9.6. Contract Drilling Market Attractiveness Analysis, By Terrain Types 10. Global Contract Drilling Market Analysis, by Region 10.1. Contract Drilling Market Value Share Analysis, by Region 10.2. Contract Drilling Market Size (US$ Bn) Forecast, by Region 10.3. Contract Drilling Market Attractiveness Analysis, by Region 11. North America Contract Drilling Market Analysis 11.1. Key Findings 11.2. North America Contract Drilling Market Overview 11.3. North America Contract Drilling Market Value Share Analysis, By Depth 11.4. North America Contract Drilling Market Forecast, By Depth 11.4.1. Shallow 11.4.2. Deep and Ultra deep Water 11.5. North America Contract Drilling Market Value Share Analysis, By Service 11.6. North America Contract Drilling Market Forecast, By Service 11.6.1. Onshore drilling operations 11.6.2. Offshore drilling operations 11.7. North America Contract Drilling Market Value Share Analysis, By Terrain Types 11.8. North America Contract Drilling Market Forecast, By Terrain Types 11.8.1. Short term contract drilling 11.8.2. Long term contract drilling 11.9. North America Contract Drilling Market Value Share Analysis, by Country 11.10. North America Contract Drilling Market Forecast, by Country 11.10.1. U.S. 11.10.2. Canada 11.11. North America Contract Drilling Market Analysis, by Country 11.12. U.S. Contract Drilling Market Forecast, By Depth 11.12.1. Shallow 11.12.2. Deep and Ultra deep Water 11.13. U.S. Contract Drilling Market Forecast, By Service 11.13.1. Onshore drilling operations 11.13.2. Offshore drilling operations 11.14. U.S. Contract Drilling Market Forecast, By Terrain Types 11.14.1. Short term contract drilling 11.14.2. Long term contract drilling 11.15. Canada Contract Drilling Market Forecast, By Depth 11.15.1. Shallow 11.15.2. Deep and Ultra deep Water 11.16. Canada Contract Drilling Market Forecast, By Service 11.16.1. Onshore drilling operations 11.16.2. Offshore drilling operations 11.17. Canada Contract Drilling Market Forecast, By Terrain Types 11.17.1. Short term contract drilling 11.17.2. Long term contract drilling 11.18. North America Contract Drilling Market Attractiveness Analysis 11.18.1. By Depth 11.18.2. By Service 11.18.3. By Terrain Types 11.19. PEST Analysis 11.20. Key Trends 11.21. Key Developments 12. Europe Contract Drilling Market Analysis 12.1. Key Findings 12.2. Europe Contract Drilling Market Overview 12.3. Europe Contract Drilling Market Value Share Analysis, By Depth 12.4. Europe Contract Drilling Market Forecast, By Depth 12.4.1. Shallow 12.4.2. Deep and Ultra deep Water 12.5. Europe Contract Drilling Market Value Share Analysis, By Service 12.6. Europe Contract Drilling Market Forecast, By Service 12.6.1. Onshore drilling operations 12.6.2. Offshore drilling operations 12.7. Europe Contract Drilling Market Value Share Analysis, By Terrain Types 12.8. Europe Contract Drilling Market Forecast, By Terrain Types 12.8.1. Short term contract drilling 12.8.2. Long term contract drilling 12.9. Europe Contract Drilling Market Value Share Analysis, by Country 12.10. Europe Contract Drilling Market Forecast, by Country 12.10.1. Germany 12.10.2. UK 12.10.3. France 12.10.4. Italy 12.10.5. Spain 12.10.6. Norway 12.10.7. Russia 12.11. Europe Contract Drilling Market Analysis, by Country 12.12. Germany Contract Drilling Market Forecast, By Depth 12.12.1. Shallow 12.12.2. Deep and Ultra deep Water 12.13. Germany Contract Drilling Market Forecast, By Service 12.13.1. Onshore drilling operations 12.13.2. Offshore drilling operations 12.14. Germany Contract Drilling Market Forecast, By Terrain Types 12.14.1. Short term contract drilling 12.14.2. Long term contract drilling 12.15. U.K. Contract Drilling Market Forecast, By Depth 12.15.1. Shallow 12.15.2. Deep and Ultra deep Water 12.16. U.K. Contract Drilling Market Forecast, By Service 12.16.1. Onshore drilling operations 12.16.2. Offshore drilling operations 12.17. U.K. Contract Drilling Market Forecast, By Terrain Types 12.17.1. Short term contract drilling 12.17.2. Long term contract drilling 12.18. France Contract Drilling Market Forecast, By Depth 12.18.1. Shallow 12.18.2. Deep and Ultra deep Water 12.19. France Contract Drilling Market Forecast, By Service 12.19.1. Onshore drilling operations 12.19.2. Offshore drilling operations 12.20. France Contract Drilling Market Forecast, By Terrain Types 12.20.1. Short term contract drilling 12.20.2. Long term contract drilling 12.21. Italy Contract Drilling Market Forecast, By Depth 12.21.1. Shallow 12.21.2. Deep and Ultra deep Water 12.22. Italy Contract Drilling Market Forecast, By Service 12.22.1. Onshore drilling operations 12.22.2. Offshore drilling operations 12.23. Italy Contract Drilling Market Forecast, By Terrain Types 12.23.1. Short term contract drilling 12.23.2. Long term contract drilling 12.24. Spain Contract Drilling Market Forecast, By Depth 12.24.1. Shallow 12.24.2. Deep and Ultra deep Water 12.25. Spain Contract Drilling Market Forecast, By Service 12.25.1. Onshore drilling operations 12.25.2. Offshore drilling operations 12.26. Spain Contract Drilling Market Forecast, By Terrain Types 12.26.1. Short term contract drilling 12.26.2. Long term contract drilling 12.27. Norway Contract Drilling Market Forecast, By Depth 12.27.1. Shallow 12.27.2. Deep and Ultra deep Water 12.28. Norway Contract Drilling Market Forecast, By Service 12.28.1. Onshore drilling operations 12.28.2. Offshore drilling operations 12.29. Norway Contract Drilling Market Forecast, By Terrain Types 12.29.1. Short term contract drilling 12.29.2. Long term contract drilling 12.30. Russia Contract Drilling Market Forecast, By Depth 12.30.1. Shallow 12.30.2. Deep and Ultra deep Water 12.31. Russia Contract Drilling Market Forecast, By Service 12.31.1. Onshore drilling operations 12.31.2. Offshore drilling operations 12.32. Russia Contract Drilling Market Forecast, By Terrain Types 12.32.1. Short term contract drilling 12.32.2. Long term contract drilling 12.33. Europe Contract Drilling Market Attractiveness Analysis 12.33.1. By Depth 12.33.2. By Service 12.33.3. By Terrain Types 12.34. PEST Analysis 12.35. Key Trends 12.36. Key Developments 13. Asia Pacific Contract Drilling Market Analysis 13.1. Key Findings 13.2. Asia Pacific Contract Drilling Market Overview 13.3. Asia Pacific Contract Drilling Market Value Share Analysis, By Depth 13.4. Asia Pacific Contract Drilling Market Forecast, By Depth 13.4.1. Shallow 13.4.2. Deep and Ultra deep Water 13.5. Asia Pacific Contract Drilling Market Value Share Analysis, By Service 13.6. Asia Pacific Contract Drilling Market Forecast, By Service 13.6.1. Onshore drilling operations 13.6.2. Offshore drilling operations 13.7. Asia Pacific Contract Drilling Market Value Share Analysis, By Terrain Types 13.8. Asia Pacific Contract Drilling Market Forecast, By Terrain Types 13.8.1. Short term contract drilling 13.8.2. Long term contract drilling 13.9. Asia Pacific Contract Drilling Market Value Share Analysis, by Country 13.10. Asia Pacific Contract Drilling Market Forecast, by Country 13.10.1. China 13.10.2. India 13.10.3. Japan 13.10.4. South Korea 13.10.5. Australia 13.10.6. Malaysia 13.10.7. Indonesia 13.10.8. Vietnam 13.11. Asia Pacific Contract Drilling Market Analysis, by Country 13.12. China Contract Drilling Market Forecast, By Depth 13.12.1. Shallow 13.12.2. Deep and Ultra deep Water 13.13. China Contract Drilling Market Forecast, By Service 13.13.1. Onshore drilling operations 13.13.2. Offshore drilling operations 13.14. China Contract Drilling Market Forecast, By Terrain Types 13.14.1. Short term contract drilling 13.14.2. Long term contract drilling 13.15. India Contract Drilling Market Forecast, By Depth 13.15.1. Shallow 13.15.2. Deep and Ultra deep Water 13.16. India Contract Drilling Market Forecast, By Service 13.16.1. Onshore drilling operations 13.16.2. Offshore drilling operations 13.17. India Contract Drilling Market Forecast, By Terrain Types 13.17.1. Short term contract drilling 13.17.2. Long term contract drilling 13.18. Japan Contract Drilling Market Forecast, By Depth 13.18.1. Shallow 13.18.2. Deep and Ultra deep Water 13.19. Japan Contract Drilling Market Forecast, By Service 13.19.1. Onshore drilling operations 13.19.2. Offshore drilling operations 13.20. Japan Contract Drilling Market Forecast, By Terrain Types 13.20.1. Short term contract drilling 13.20.2. Long term contract drilling 13.21. South Korea Contract Drilling Market Forecast, By Depth 13.21.1. Shallow 13.21.2. Deep and Ultra deep Water 13.22. South Korea Contract Drilling Market Forecast, By Service 13.22.1. Onshore drilling operations 13.22.2. Offshore drilling operations 13.23. South Korea Contract Drilling Market Forecast, By Terrain Types 13.23.1. Short term contract drilling 13.23.2. Long term contract drilling 13.24. Australia Contract Drilling Market Forecast, By Depth 13.24.1. Shallow 13.24.2. Deep and Ultra deep Water 13.25. Australia Contract Drilling Market Forecast, By Service 13.25.1. Onshore drilling operations 13.25.2. Offshore drilling operations 13.26. Australia Contract Drilling Market Forecast, By Terrain Types 13.26.1. Short term contract drilling 13.26.2. Long term contract drilling 13.27. Malaysia Contract Drilling Market Forecast, By Depth 13.27.1. Shallow 13.27.2. Deep and Ultra deep Water 13.28. Malaysia Contract Drilling Market Forecast, By Service 13.28.1. Onshore drilling operations 13.28.2. Offshore drilling operations 13.29. Malaysia Contract Drilling Market Forecast, By Terrain Types 13.29.1. Short term contract drilling 13.29.2. Long term contract drilling 13.30. Indonesia Contract Drilling Market Forecast, By Depth 13.30.1. Shallow 13.30.2. Deep and Ultra deep Water 13.31. Indonesia Contract Drilling Market Forecast, By Service 13.31.1. Onshore drilling operations 13.31.2. Offshore drilling operations 13.32. Indonesia Contract Drilling Market Forecast, By Terrain Types 13.32.1. Short term contract drilling 13.32.2. Long term contract drilling 13.33. Vietnam Contract Drilling Market Forecast, By Depth 13.33.1. Shallow 13.33.2. Deep and Ultra deep Water 13.34. Vietnam Contract Drilling Market Forecast, By Service 13.34.1. Onshore drilling operations 13.34.2. Offshore drilling operations 13.35. Vietnam Contract Drilling Market Forecast, By Terrain Types 13.35.1. Short term contract drilling 13.35.2. Long term contract drilling 13.36. Asia Pacific Contract Drilling Market Attractiveness Analysis 13.36.1. By Depth 13.36.2. By Service 13.36.3. By Terrain Types 13.37. PEST Analysis 13.38. Key Trends 13.39. Key Developments 14. Middle East & Africa Contract Drilling Market Analysis 14.1. Key Findings 14.2. Middle East & Africa Contract Drilling Market Overview 14.3. Middle East & Africa Contract Drilling Market Value Share Analysis, By Depth 14.4. Middle East & Africa Contract Drilling Market Forecast, By Depth 14.4.1. Shallow 14.4.2. Deep and Ultra deep Water 14.5. Middle East & Africa Contract Drilling Market Value Share Analysis, By Service 14.6. Middle East & Africa Contract Drilling Market Forecast, By Service 14.6.1. Onshore drilling operations 14.6.2. Offshore drilling operations 14.7. Middle East & Africa Contract Drilling Market Value Share Analysis, By Terrain Types 14.8. Middle East & Africa Contract Drilling Market Forecast, By Terrain Types 14.8.1. Short term contract drilling 14.8.2. Long term contract drilling 14.9. Middle East & Africa Contract Drilling Market Value Share Analysis, by Country 14.10. Middle East & Africa Contract Drilling Market Forecast, by Country 14.10.1. GCC Countries 14.10.2. South Africa 14.10.3. Nigeria 14.10.4. Egypt 14.11. Middle East & Africa Contract Drilling Market Analysis, by Country 14.12. GCC Contract Drilling Market Forecast, By Depth 14.12.1. Shallow 14.12.2. Deep and Ultra deep Water 14.13. GCC Contract Drilling Market Forecast, By Service 14.13.1. Onshore drilling operations 14.13.2. Offshore drilling operations 14.14. GCC Contract Drilling Market Forecast, By Terrain Types 14.14.1. Short term contract drilling 14.14.2. Long term contract drilling 14.15. South Africa Contract Drilling Market Forecast, By Depth 14.15.1. Shallow 14.15.2. Deep and Ultra deep Water 14.16. South Africa Contract Drilling Market Forecast, By Service 14.16.1. Onshore drilling operations 14.16.2. Offshore drilling operations 14.17. South Africa Contract Drilling Market Forecast, By Terrain Types 14.17.1. Short term contract drilling 14.17.2. Long term contract drilling 14.18. Nigeria Contract Drilling Market Forecast, By Depth 14.18.1. Shallow 14.18.2. Deep and Ultra deep Water 14.19. Nigeria Contract Drilling Market Forecast, By Service 14.19.1. Onshore drilling operations 14.19.2. Offshore drilling operations 14.20. Nigeria Contract Drilling Market Forecast, By Terrain Types 14.20.1. Short term contract drilling 14.20.2. Long term contract drilling 14.21. Egypt Contract Drilling Market Forecast, By Depth 14.21.1. Shallow 14.21.2. Deep and Ultra deep Water 14.22. Egypt Contract Drilling Market Forecast, By Service 14.22.1. Onshore drilling operations 14.22.2. Offshore drilling operations 14.23. Egypt Contract Drilling Market Forecast, By Terrain Types 14.23.1. Short term contract drilling 14.23.2. Long term contract drilling 14.24. Middle East & Africa Contract Drilling Market Attractiveness Analysis 14.24.1. By Depth 14.24.2. By Service 14.24.3. By Terrain Types 14.25. PEST Analysis 14.26. Key Trends 14.27. Key Developments 15. South America Contract Drilling Market Analysis 15.1. Key Findings 15.2. South America Contract Drilling Market Overview 15.3. South America Contract Drilling Market Value Share Analysis, By Depth 15.4. South America Contract Drilling Market Forecast, By Depth 15.4.1. Shallow 15.4.2. Deep and Ultra deep Water 15.5. South America Contract Drilling Market Value Share Analysis, By Service 15.6. South America Contract Drilling Market Forecast, By Service 15.6.1. Onshore drilling operations 15.6.2. Offshore drilling operations 15.7. South America Contract Drilling Market Value Share Analysis, By Terrain Types 15.8. South America Contract Drilling Market Forecast, By Terrain Types 15.8.1. Short term contract drilling 15.8.2. Long term contract drilling 15.9. South America Contract Drilling Market Value Share Analysis, by Country 15.10. South America Contract Drilling Market Forecast, by Country 15.10.1. Mexico 15.10.2. Brazil 15.10.3. Argentina 15.11. South America Contract Drilling Market Analysis, by Country 15.12. Brazil Contract Drilling Market Forecast, By Depth 15.12.1. Shallow 15.12.2. Deep and Ultra deep Water 15.13. Brazil Contract Drilling Market Forecast, By Service 15.13.1. Onshore drilling operations 15.13.2. Offshore drilling operations 15.14. Brazil Contract Drilling Market Forecast, By Terrain Types 15.14.1. Short term contract drilling 15.14.2. Long term contract drilling 15.15. Mexico Contract Drilling Market Forecast, By Depth 15.15.1. Shallow 15.15.2. Deep and Ultra deep Water 15.16. Mexico Contract Drilling Market Forecast, By Service 15.16.1. Onshore drilling operations 15.16.2. Offshore drilling operations 15.17. Mexico Contract Drilling Market Forecast, By Terrain Types 15.17.1. Short term contract drilling 15.17.2. Long term contract drilling 15.18. Argentina Contract Drilling Market Forecast, By Depth 15.18.1. Shallow 15.18.2. Deep and Ultra deep Water 15.19. Argentina Contract Drilling Market Forecast, By Service 15.19.1. Onshore drilling operations 15.19.2. Offshore drilling operations 15.20. Argentina Contract Drilling Market Forecast, By Terrain Types 15.20.1. Short term contract drilling 15.20.2. Long term contract drilling 15.21. South America Contract Drilling Market Attractiveness Analysis 15.21.1. By Depth 15.21.2. By Service 15.21.3. By Terrain Types 15.22. PEST Analysis 15.23. Key Trends 15.24. Key Developments 16. Company Profiles 16.1. Market Share Analysis, by Company 16.2. Competition Matrix 16.2.1. Competitive Benchmarking of key players by price, presence, market share, Depths and R&D investment 16.2.2. New Product Launches and Product Enhancements 16.2.3. Market Consolidation 16.2.3.1. M&A by Regions, Investment and Depths 16.2.3.2. M&A Key Players, Forward Integration and Backward Integration 16.3. Company Profiles: Key Players 16.3.1. Schlumberger Limited 16.3.1.1. Company Overview 16.3.1.2. Financial Overview 16.3.1.3. Product Portfolio 16.3.1.4. Business Strategy 16.3.1.5. Recent Developments 16.3.1.6. Development Footprint 16.3.2. Basic Energy Services 16.3.3. Sidewinder Drilling, Inc. 16.3.4. Baker Hughes Incorporated 16.3.5. Halliburton 16.3.6. Transocean LTD 16.3.7. Seadrill Ltd 16.3.8. Ocean Rig UDW Inc 16.3.9. Ensco Plc 16.3.10. Noble Drilling PLC 16.3.11. Diamond Offshore Drilling Inc 16.3.12. China Oilfield Services Limited 16.3.13. Rowan Companies PLC 16.3.14. Maersk Group 16.3.15. Saipem SpA 17. Primary Key Insights

Global Contract Drilling Market