Directional Drilling Services Market – What Factors will drive the Market in Upcoming Years and How it is Going to Impact on Global Industry
by Jitendra Magar · October 30 Jackie Robinson Youth Jersey , 2018
30 October 2018
The global directional drilling services market size is expected to reach USD 13.45 billion by 2025. Increasing oil and gas exploration activities owing to high demand for energy in light of growth in manufacturing sectors is expected to drive the market over the forecast period. Technological advancements, which are attracting service providers, are also likely to contribute to the market growth. For instance, Motive Drilling Technologies, Inc. designed an automated decision-making through directional drilling bit guidance system and has applied it to 2 million feet drillings for various companies in North America. The system used provided better efficiency and accuracy in lesser time.
The drilling operators are increasingly investing in research and development to deliver innovative software drilling technologies in terms of instruments and software tls and services. NABORS has developed various drilling software including Navigator Directional Pl