Sidetracking is the drilling of a new lateral from an existing well that has poor or no productivity due to mechanical damage to the well or depleted hydrocarbons at that particular site. The original well bore in the no longer productive zone is plugged back and deviated or horizontal drilling is used to drill a new lateral wellbore to install a new productive well or access a nearby productive zone.
The global market for Sidetrack Drilling was estimated to be worth US$ 453 million in 2023 and is forecast to a readjusted size of US$ 711.7 million by 2030 with a CAGR of 6.6% during the forecast period 2024-2030
Various applications of sidetracking include damage to the hole by junk, damage to the production zone in the original well, tap into another less depleted drainage area, and others. Moreover, the rise in demand for energy, urbanization, industrialization, growing exploration, and others are some of the factors, which fuel the market growth over the forecast period.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Sidetrack Drilling, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Sidetrack Drilling by region & country, by Type, and by Application.
The Sidetrack Drilling market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Sidetrack Drilling.
麻豆原创 Segmentation
By Company
Baker Hughes Co.
Equinor ASA
Eurasia Drilling
Halliburton
Nabors Industries
National Oilwell Varco
Odfjell Drilling
Schlumberger
Weatherford International plc
Yantai Jereh Oilfield Services Group Co. Ltd.
Segment by Type:
Onshore
Offshore
Segment by Application
Oil
Natural Gas
Others
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Sidetrack Drilling manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Sidetrack Drilling in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Sidetrack Drilling in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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1 麻豆原创 Overview
1.1 Sidetrack Drilling Product Introduction
1.2 Global Sidetrack Drilling 麻豆原创 Size Forecast
1.3 Sidetrack Drilling 麻豆原创 Trends & Drivers
1.3.1 Sidetrack Drilling Industry Trends
1.3.2 Sidetrack Drilling 麻豆原创 Drivers & Opportunity
1.3.3 Sidetrack Drilling 麻豆原创 Challenges
1.3.4 Sidetrack Drilling 麻豆原创 Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Sidetrack Drilling Players Revenue Ranking (2023)
2.2 Global Sidetrack Drilling Revenue by Company (2019-2024)
2.3 Key Companies Sidetrack Drilling Manufacturing Base Distribution and Headquarters
2.4 Key Companies Sidetrack Drilling Product Offered
2.5 Key Companies Time to Begin Mass Production of Sidetrack Drilling
2.6 Sidetrack Drilling 麻豆原创 Competitive Analysis
2.6.1 Sidetrack Drilling 麻豆原创 Concentration Rate (2019-2024)
2.6.2 Global 5 and 10 Largest Companies by Sidetrack Drilling Revenue in 2023
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Sidetrack Drilling as of 2023)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Onshore
3.1.2 Offshore
3.2 Global Sidetrack Drilling Sales Value by Type
3.2.1 Global Sidetrack Drilling Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Sidetrack Drilling Sales Value, by Type (2019-2030)
3.2.3 Global Sidetrack Drilling Sales Value, by Type (%) (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Oil
4.1.2 Natural Gas
4.1.3 Others
4.2 Global Sidetrack Drilling Sales Value by Application
4.2.1 Global Sidetrack Drilling Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Sidetrack Drilling Sales Value, by Application (2019-2030)
4.2.3 Global Sidetrack Drilling Sales Value, by Application (%) (2019-2030)
5 Segmentation by Region
5.1 Global Sidetrack Drilling Sales Value by Region
5.1.1 Global Sidetrack Drilling Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Sidetrack Drilling Sales Value by Region (2019-2024)
5.1.3 Global Sidetrack Drilling Sales Value by Region (2025-2030)
5.1.4 Global Sidetrack Drilling Sales Value by Region (%), (2019-2030)
5.2 North America
5.2.1 North America Sidetrack Drilling Sales Value, 2019-2030
5.2.2 North America Sidetrack Drilling Sales Value by Country (%), 2023 VS 2030
5.3 Europe
5.3.1 Europe Sidetrack Drilling Sales Value, 2019-2030
5.3.2 Europe Sidetrack Drilling Sales Value by Country (%), 2023 VS 2030
5.4 Asia Pacific
5.4.1 Asia Pacific Sidetrack Drilling Sales Value, 2019-2030
5.4.2 Asia Pacific Sidetrack Drilling Sales Value by Country (%), 2023 VS 2030
5.5 South America
5.5.1 South America Sidetrack Drilling Sales Value, 2019-2030
5.5.2 South America Sidetrack Drilling Sales Value by Country (%), 2023 VS 2030
5.6 Middle East & Africa
5.6.1 Middle East & Africa Sidetrack Drilling Sales Value, 2019-2030
5.6.2 Middle East & Africa Sidetrack Drilling Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Sidetrack Drilling Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Sidetrack Drilling Sales Value
6.3 United States
6.3.1 United States Sidetrack Drilling Sales Value, 2019-2030
6.3.2 United States Sidetrack Drilling Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Sidetrack Drilling Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Sidetrack Drilling Sales Value, 2019-2030
6.4.2 Europe Sidetrack Drilling Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Sidetrack Drilling Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Sidetrack Drilling Sales Value, 2019-2030
6.5.2 China Sidetrack Drilling Sales Value by Type (%), 2023 VS 2030
6.5.3 China Sidetrack Drilling Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Sidetrack Drilling Sales Value, 2019-2030
6.6.2 Japan Sidetrack Drilling Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Sidetrack Drilling Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Sidetrack Drilling Sales Value, 2019-2030
6.7.2 South Korea Sidetrack Drilling Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Sidetrack Drilling Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Sidetrack Drilling Sales Value, 2019-2030
6.8.2 Southeast Asia Sidetrack Drilling Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Sidetrack Drilling Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Sidetrack Drilling Sales Value, 2019-2030
6.9.2 India Sidetrack Drilling Sales Value by Type (%), 2023 VS 2030
6.9.3 India Sidetrack Drilling Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Baker Hughes Co.
7.1.1 Baker Hughes Co. Profile
7.1.2 Baker Hughes Co. Main Business
7.1.3 Baker Hughes Co. Sidetrack Drilling Products, Services and Solutions
7.1.4 Baker Hughes Co. Sidetrack Drilling Revenue (US$ Million) & (2019-2024)
7.1.5 Baker Hughes Co. Recent Developments
7.2 Equinor ASA
7.2.1 Equinor ASA Profile
7.2.2 Equinor ASA Main Business
7.2.3 Equinor ASA Sidetrack Drilling Products, Services and Solutions
7.2.4 Equinor ASA Sidetrack Drilling Revenue (US$ Million) & (2019-2024)
7.2.5 Equinor ASA Recent Developments
7.3 Eurasia Drilling
7.3.1 Eurasia Drilling Profile
7.3.2 Eurasia Drilling Main Business
7.3.3 Eurasia Drilling Sidetrack Drilling Products, Services and Solutions
7.3.4 Eurasia Drilling Sidetrack Drilling Revenue (US$ Million) & (2019-2024)
7.3.5 Halliburton Recent Developments
7.4 Halliburton
7.4.1 Halliburton Profile
7.4.2 Halliburton Main Business
7.4.3 Halliburton Sidetrack Drilling Products, Services and Solutions
7.4.4 Halliburton Sidetrack Drilling Revenue (US$ Million) & (2019-2024)
7.4.5 Halliburton Recent Developments
7.5 Nabors Industries
7.5.1 Nabors Industries Profile
7.5.2 Nabors Industries Main Business
7.5.3 Nabors Industries Sidetrack Drilling Products, Services and Solutions
7.5.4 Nabors Industries Sidetrack Drilling Revenue (US$ Million) & (2019-2024)
7.5.5 Nabors Industries Recent Developments
7.6 National Oilwell Varco
7.6.1 National Oilwell Varco Profile
7.6.2 National Oilwell Varco Main Business
7.6.3 National Oilwell Varco Sidetrack Drilling Products, Services and Solutions
7.6.4 National Oilwell Varco Sidetrack Drilling Revenue (US$ Million) & (2019-2024)
7.6.5 National Oilwell Varco Recent Developments
7.7 Odfjell Drilling
7.7.1 Odfjell Drilling Profile
7.7.2 Odfjell Drilling Main Business
7.7.3 Odfjell Drilling Sidetrack Drilling Products, Services and Solutions
7.7.4 Odfjell Drilling Sidetrack Drilling Revenue (US$ Million) & (2019-2024)
7.7.5 Odfjell Drilling Recent Developments
7.8 Schlumberger
7.8.1 Schlumberger Profile
7.8.2 Schlumberger Main Business
7.8.3 Schlumberger Sidetrack Drilling Products, Services and Solutions
7.8.4 Schlumberger Sidetrack Drilling Revenue (US$ Million) & (2019-2024)
7.8.5 Schlumberger Recent Developments
7.9 Weatherford International plc
7.9.1 Weatherford International plc Profile
7.9.2 Weatherford International plc Main Business
7.9.3 Weatherford International plc Sidetrack Drilling Products, Services and Solutions
7.9.4 Weatherford International plc Sidetrack Drilling Revenue (US$ Million) & (2019-2024)
7.9.5 Weatherford International plc Recent Developments
7.10 Yantai Jereh Oilfield Services Group Co. Ltd.
7.10.1 Yantai Jereh Oilfield Services Group Co. Ltd. Profile
7.10.2 Yantai Jereh Oilfield Services Group Co. Ltd. Main Business
7.10.3 Yantai Jereh Oilfield Services Group Co. Ltd. Sidetrack Drilling Products, Services and Solutions
7.10.4 Yantai Jereh Oilfield Services Group Co. Ltd. Sidetrack Drilling Revenue (US$ Million) & (2019-2024)
7.10.5 Yantai Jereh Oilfield Services Group Co. Ltd. Recent Developments
8 Industry Chain Analysis
8.1 Sidetrack Drilling Industrial Chain
8.2 Sidetrack Drilling Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Sidetrack Drilling Sales Model
8.5.2 Sales Channel
8.5.3 Sidetrack Drilling Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
Baker Hughes Co.
Equinor ASA
Eurasia Drilling
Halliburton
Nabors Industries
National Oilwell Varco
Odfjell Drilling
Schlumberger
Weatherford International plc
Yantai Jereh Oilfield Services Group Co. Ltd.
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*If Applicable.