According to a market report by Lucintel, the future of the global geosteering market looks promising with opportunities in the LWD tools & technologies, MWD tools, rotary steerable systems, drive systems, and 3D seismic/gird model markets. The global geosteering market is expected to grow with a CAGR of 4.2% from 2024 to 2030. The major drivers for this market are expanding exploration activities in unconventional oil and gas reservoirs and growing demand for efficient drilling techniques.
A more
than 150-page report to understand trends, opportunity and forecast in global geosteering
market to 2030 by component (software and services), tools (LWD tools &
technologies, MWD tools, rotary steerable systems, drive systems, 3D
seismic/gird model, and others), and region (North America, Europe, Asia
Pacific, and the Rest of the World).
Lucintel
forecasts that software is expected to witness the higher growth over the
forecast period.
Within
this market, rotary steerable systems is expected to witness the highest growth
over the forecast period.
North
America is expected to witness highest growth over the forecast period.
Download
sample by clicking on geosteering market.
Emerson
Paradigm, Schlumberger, Geosteering Technologies, Petrolink, Geo-Steering
Solutions, Halliburton, Geotech Logging Services are the major suppliers in the
geosteering market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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