Drilling Rig Market - Top Companies and Manufacturers

Companies Dominating the Global Drilling Rig Market

Maersk A/S
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
Archer Ltd.
China Oilfield Services Ltd.
Eni Spa
Helmerich and Payne Inc
KCA Deutag
Loews Corporation
Nabors Industries Ltd.
Transocean Ltd.

Weatherford International Plc

Browse Key Market Insights with Data Illustration:

Drilling Rig Market Size & Share, Growth Forecast 2036

In the News

Transocean Ltd. announced that it got selected for a drilling contract by Equinor. In support of the Northern Lights Carbon Capture Storage Project, the Transocean Enabler will drill one carbon injection well and a sidetrack for another carbon injection, which was earlier drilled in 2020.
Nabors Industries Ltd. announced the launch of the first-ever fully automated land drilling rig, PACE-R801. It was developed with the combination of Smart Suite software with Canrig robotics.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of drilling rig is evaluated at USD 61.38 Billion.

The drilling rig market size was over USD 58.19 Billion in 2023 and is poised to cross USD 121.1 Billion by 2036, growing at more than 5.8% CAGR during the forecast period i.e., between 2024-2036. Increasing demand for oil and gas and higher drilling of unconventional resources are the major factors driving the market growth.

Asia Pacific industry is estimated to hold 28% of the revenue share by 2036, due to rising expenditure on deepwater reserves in the region.

Maersk A/S, Archer Ltd., China Oilfield Services Ltd., Eni Spa, Helmerich and Payne Inc, KCA Deutag, Loews Corporation, Nabors Industries Ltd., Transocean Ltd.

Drilling Rig Market - Top Companies and Manufacturers

Companies Dominating the Global Drilling Rig Market

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the drilling rig market?

What are the factors driving the drilling rig landscape?

Which region held the largest drilling rig industry share?

Who are the key players in the drilling rig sector?