Drilling Unit (Drilling Barges, Submersible Rigs, Semi-Submersible Rigs, Jack-Up Rigs, and Drillship)
The drillship segment is poised to hold the highest revenue till 2037. The growth in market revenue is influenced by its ability to move faster from one well to another without any help from external assistance. Moreover, they also have the capability of carrying a wide range of loads.
Water-Depth (Shallow, Deep & Ultra-Deep)
The deep & ultra-deep segment is estimated to the significant growth over the forecast period. Owing to constant development in technology, the MODU is now able to carry out the drilling activity in the ultra-deepwater. Also, a large part of the undiscovered reserve is situated in deep waters. Hence, this segment is set to grow further to drive market size.
Our in-depth analysis of the market includes the following segments:
Drilling Unit |
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Water-Depth |
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Author Credits: Dhruv Bhatia
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