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.
Publisher' newest research report, the “Sidetrack Drilling Industry Forecast” looks at past sales and reviews total world Sidetrack Drilling sales in 2022, providing a comprehensive analysis by region and market sector of projected Sidetrack Drilling sales for 2023 through 2029. With Sidetrack Drilling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sidetrack Drilling industry.
This Insight Report provides a comprehensive analysis of the global Sidetrack Drilling landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sidetrack Drilling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Sidetrack Drilling market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sidetrack Drilling and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sidetrack Drilling.
The global Sidetrack Drilling market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Sidetrack Drilling is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Sidetrack Drilling is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Sidetrack Drilling is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Sidetrack Drilling players cover Baker Hughes Co., Equinor ASA, Eurasia Drilling, Halliburton, Nabors Industries, National Oilwell Varco, Odfjell Drilling, Schlumberger and Weatherford International plc, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Sidetrack Drilling market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Onshore
Offshore
Segmentation by application
Oil
Natural Gas
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Sidetrack Drilling Market Size 2018-2029
2.1.2 Sidetrack Drilling Market Size CAGR by Region 2018 VS 2022 VS 2029
2.2 Sidetrack Drilling Segment by Type
2.2.1 Onshore
2.2.2 Offshore
2.3 Sidetrack Drilling Market Size by Type
2.3.1 Sidetrack Drilling Market Size CAGR by Type (2018 VS 2022 VS 2029)
2.3.2 Global Sidetrack Drilling Market Size Market Share by Type (2018-2023)
2.4 Sidetrack Drilling Segment by Application
2.4.1 Oil
2.4.2 Natural Gas
2.4.3 Others
2.5 Sidetrack Drilling Market Size by Application
2.5.1 Sidetrack Drilling Market Size CAGR by Application (2018 VS 2022 VS 2029)
2.5.2 Global Sidetrack Drilling Market Size Market Share by Application (2018-2023)
3 Sidetrack Drilling Market Size by Player
3.1 Sidetrack Drilling Market Size Market Share by Players
3.1.1 Global Sidetrack Drilling Revenue by Players (2018-2023)
3.1.2 Global Sidetrack Drilling Revenue Market Share by Players (2018-2023)
3.2 Global Sidetrack Drilling Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Sidetrack Drilling by Regions
4.1 Sidetrack Drilling Market Size by Regions (2018-2023)
4.2 Americas Sidetrack Drilling Market Size Growth (2018-2023)
4.3 APAC Sidetrack Drilling Market Size Growth (2018-2023)
4.4 Europe Sidetrack Drilling Market Size Growth (2018-2023)
4.5 Middle East & Africa Sidetrack Drilling Market Size Growth (2018-2023)
5 Americas
5.1 Americas Sidetrack Drilling Market Size by Country (2018-2023)
5.2 Americas Sidetrack Drilling Market Size by Type (2018-2023)
5.3 Americas Sidetrack Drilling Market Size by Application (2018-2023)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Sidetrack Drilling Market Size by Region (2018-2023)
6.2 APAC Sidetrack Drilling Market Size by Type (2018-2023)
6.3 APAC Sidetrack Drilling Market Size by Application (2018-2023)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Sidetrack Drilling by Country (2018-2023)
7.2 Europe Sidetrack Drilling Market Size by Type (2018-2023)
7.3 Europe Sidetrack Drilling Market Size by Application (2018-2023)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Sidetrack Drilling by Region (2018-2023)
8.2 Middle East & Africa Sidetrack Drilling Market Size by Type (2018-2023)
8.3 Middle East & Africa Sidetrack Drilling Market Size by Application (2018-2023)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Sidetrack Drilling Market Forecast
10.1 Global Sidetrack Drilling Forecast by Regions (2024-2029)
10.1.1 Global Sidetrack Drilling Forecast by Regions (2024-2029)
10.1.2 Americas Sidetrack Drilling Forecast
10.1.3 APAC Sidetrack Drilling Forecast
10.1.4 Europe Sidetrack Drilling Forecast
10.1.5 Middle East & Africa Sidetrack Drilling Forecast
10.2 Americas Sidetrack Drilling Forecast by Country (2024-2029)
10.2.1 United States Sidetrack Drilling Market Forecast
10.2.2 Canada Sidetrack Drilling Market Forecast
10.2.3 Mexico Sidetrack Drilling Market Forecast
10.2.4 Brazil Sidetrack Drilling Market Forecast
10.3 APAC Sidetrack Drilling Forecast by Region (2024-2029)
10.3.1 China Sidetrack Drilling Market Forecast
10.3.2 Japan Sidetrack Drilling Market Forecast
10.3.3 Korea Sidetrack Drilling Market Forecast
10.3.4 Southeast Asia Sidetrack Drilling Market Forecast
10.3.5 India Sidetrack Drilling Market Forecast
10.3.6 Australia Sidetrack Drilling Market Forecast
10.4 Europe Sidetrack Drilling Forecast by Country (2024-2029)
10.4.1 Germany Sidetrack Drilling Market Forecast
10.4.2 France Sidetrack Drilling Market Forecast
10.4.3 UK Sidetrack Drilling Market Forecast
10.4.4 Italy Sidetrack Drilling Market Forecast
10.4.5 Russia Sidetrack Drilling Market Forecast
10.5 Middle East & Africa Sidetrack Drilling Forecast by Region (2024-2029)
10.5.1 Egypt Sidetrack Drilling Market Forecast
10.5.2 South Africa Sidetrack Drilling Market Forecast
10.5.3 Israel Sidetrack Drilling Market Forecast
10.5.4 Turkey Sidetrack Drilling Market Forecast
10.5.5 GCC Countries Sidetrack Drilling Market Forecast
10.6 Global Sidetrack Drilling Forecast by Type (2024-2029)
10.7 Global Sidetrack Drilling Forecast by Application (2024-2029)
11 Key Players Analysis
11.1 Baker Hughes Co.
11.1.1 Baker Hughes Co. Company Information
11.1.2 Baker Hughes Co. Sidetrack Drilling Product Offered
11.1.3 Baker Hughes Co. Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023)
11.1.4 Baker Hughes Co. Main Business Overview
11.1.5 Baker Hughes Co. Latest Developments
11.2 Equinor ASA
11.2.1 Equinor ASA Company Information
11.2.2 Equinor ASA Sidetrack Drilling Product Offered
11.2.3 Equinor ASA Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023)
11.2.4 Equinor ASA Main Business Overview
11.2.5 Equinor ASA Latest Developments
11.3 Eurasia Drilling
11.3.1 Eurasia Drilling Company Information
11.3.2 Eurasia Drilling Sidetrack Drilling Product Offered
11.3.3 Eurasia Drilling Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023)
11.3.4 Eurasia Drilling Main Business Overview
11.3.5 Eurasia Drilling Latest Developments
11.4 Halliburton
11.4.1 Halliburton Company Information
11.4.2 Halliburton Sidetrack Drilling Product Offered
11.4.3 Halliburton Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023)
11.4.4 Halliburton Main Business Overview
11.4.5 Halliburton Latest Developments
11.5 Nabors Industries
11.5.1 Nabors Industries Company Information
11.5.2 Nabors Industries Sidetrack Drilling Product Offered
11.5.3 Nabors Industries Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023)
11.5.4 Nabors Industries Main Business Overview
11.5.5 Nabors Industries Latest Developments
11.6 National Oilwell Varco
11.6.1 National Oilwell Varco Company Information
11.6.2 National Oilwell Varco Sidetrack Drilling Product Offered
11.6.3 National Oilwell Varco Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023)
11.6.4 National Oilwell Varco Main Business Overview
11.6.5 National Oilwell Varco Latest Developments
11.7 Odfjell Drilling
11.7.1 Odfjell Drilling Company Information
11.7.2 Odfjell Drilling Sidetrack Drilling Product Offered
11.7.3 Odfjell Drilling Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023)
11.7.4 Odfjell Drilling Main Business Overview
11.7.5 Odfjell Drilling Latest Developments
11.8 Schlumberger
11.8.1 Schlumberger Company Information
11.8.2 Schlumberger Sidetrack Drilling Product Offered
11.8.3 Schlumberger Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023)
11.8.4 Schlumberger Main Business Overview
11.8.5 Schlumberger Latest Developments
11.9 Weatherford International plc
11.9.1 Weatherford International plc Company Information
11.9.2 Weatherford International plc Sidetrack Drilling Product Offered
11.9.3 Weatherford International plc Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023)
11.9.4 Weatherford International plc Main Business Overview
11.9.5 Weatherford International plc Latest Developments
11.10 Yantai Jereh Oilfield Services Group Co. Ltd.
11.10.1 Yantai Jereh Oilfield Services Group Co. Ltd. Company Information
11.10.2 Yantai Jereh Oilfield Services Group Co. Ltd. Sidetrack Drilling Product Offered
11.10.3 Yantai Jereh Oilfield Services Group Co. Ltd. Sidetrack Drilling Revenue, Gross Margin and Market Share (2018-2023)
11.10.4 Yantai Jereh Oilfield Services Group Co. Ltd. Main Business Overview
11.10.5 Yantai Jereh Oilfield Services Group Co. Ltd. Latest Developments
12 Research Findings and Conclusion
*If Applicable.