The logging while drilling market is expected to grow at a CAGR of over 2% over the period 2022-2028. Drilling is an essential part of hydrocarbon exploration, which not only provides operational convenience, but also extracts a large amount of oil and gas without any complications. Logging systems during drilling are used to obtain an assessment of the formation in real time during drilling. The production capacity of the well to be drilled is defined by its physical characteristics such as saturation, resistivity, porosity, conductivity and density. Logging during drilling is important in the study of the actual physical properties of wellbores, which allows the operator to implement adjustments and re-evaluate during the process. In addition, it makes it possible to calculate the penetration rate which is crucial for determining the speed at which the wellbore is drilled. Various techniques such as nuclear magnetic resonance logging, acoustic logging and electromagnetic logging are used to obtain information about the shape in real time.
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Company Profile
- Schlumberger Limited
- Halliburton Company
- China Oilfield Services Limited
- Weatherford International Plc.
- Baker Hughes Company
Market Segmentation
By Application
- Onshore
- Offshore
By Type
- Gamma Ray Systems
- Resistivity Systems
- Formation Pressures Systems
- Imaging Systems
Scope of the Report
The research study analyzes the Logging While Drilling Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Logging While Drilling Market Report
- What was the Logging While Drilling Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Logging While Drilling Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Logging While Drilling Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Logging While Drilling market.
- The market share of the Logging While Drilling market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Logging While Drilling market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Logging While Drilling market.
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