Global Oilfield Services Market Size, Status and Forecast 2022

The oilfield services (or OFS) industry refers to all products and services associated with the oil and gas exploration and production process, include many technology-based services that are vital for successful field operations. Such services include locating energy sources, energy data management, drilling and formation evaluation, geological sciences, and many others.
Global Oilfield Services key players include Schlumberger, Halliburton, TechnipFMC, Baker Hughes (GE), Saipem, etc. Global top five manufacturers hold a share about 35%.
North America is the largest market, with a share over 35%, followed by Asia-Pacific and Europe, both have a share about 40 percent.
In terms of product, Drilling Services is the largest segment, with a share about 40%. And in terms of application, the largest application is Onshore, followed by Cereals and Offshore.

Market Analysis and Insights: Global Oilfield Services Market
The global Oilfield Services market size is projected to reach US$ 303040 million by 2027, from US$ 200760 million in 2020, at a CAGR of 6.7% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Oilfield Services market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Oilfield Services market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Oilfield Services market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Oilfield Services market.

Global Oilfield Services Scope and Market Size
Oilfield Services market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Oilfield Services market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Drilling Services
Workover & Completion Services
Production Services
Processing & Separation Services
Geophysical Services

Segment by Application
Onshore
Offshore

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Schlumberger
Halliburton
Baker Hughes (GE)
Weatherford
National Oilwell Varco
TechnipFMC
COSL
Archer
Expro
Trican Well Service
Basic Energy Services
Nabors
Pioneer Energy Services
Saipem
Patterson-UTI
Liberty Oilfield Services
Helmerich & Payne
Calfrac Well Services
Key Energy Services
Welltec
Transocean
Petrofrac
RPC
AlMansoori
ADES
Eurasia Drilling
KCA Deutag
NexTier Oilfield Solutions