1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas Energy Market Trends
  5. > Oil and Gas Onshore Oilfield Equipment Rental Market—Australia

Expansion of Drilling Activities, Mainly CSG Wells, Propels Demand

With a number of wells being drilled for coal seam gas and shale gas, the onshore oilfield equipment rental market is anticipated to witness growth. Rental companies supply oilfield driiling companies with oilfield equipment for drilling services. This study discusses the onshore oilfield drilling activities in Australia and the number of wells that have been drilled, besides projecting the number of wells that will be drilled in future. The study period is from 2010 to 2020, with 2010 to 2012 as the historical period, 2013 as the base year, and 2014 to 2020 as the forecast period.

Executive Summary
-Australian onshore drilling and completion activities are mainly focused on eastern Australia, particularly in the Surat–Bowen Basins in Queensland (QLD) that have experienced rapid development over the last 5 years.
-Multi-billion dollar coal seam gas–liquefied natural gas (CSG-LNG) projects under construction will commence production in 2015.
-From 2013 to 2020, 10,347 wells will be drilled, with more than 94% of these being CSG wells. This will help meet the demand of the 3 CSG-LNG liquefaction plants in QLD.
-The sudden expansion of drilling activities necessitates high capital expenditure on rigs and tools. This creates opportunities for equipment rental that is targeted at drilling service providers.
-Based on current committed projects, market revenue in Australia is estimated to grow from $ million in 2013 to $ million in 2020.
-Drilling service companies with large equipment inventories have seen the potential in this market. For example, Titan Energy Systems, Ltd. acquired Hofco Oilfield Services in 2013 to capitalize on the equipment rental business opportunity.
-At present, the market is characterized by the presence of a few small enterprises (mainly domestic) and a few overseas-owned enterprises.

Key Questions This Study Will Answer
What are the onshore oil and gas drilling and well completion activities happening in Australia?
What is the expenditure forecast for Australian onshore oil and gas drilling and well completion?
What is the market demand outlook for onshore oilfield equipment rental up to 2020?
What are the challenges facing the industry, and what is the competitive environment in the market?
What are the key opportunities and success factors in the equipment rental business?

Table Of Contents

Oil and Gas Onshore Oilfield Equipment Rental Market—Australia
1. EXECUTIVE SUMMARY

Executive Summary
Executive Summary
Market Engineering Measurements
CEO's Perspective

2. MARKET OVERVIEW

Market Overview
Market Definitions
Research Scope
Research Period
Key Questions This Study Will Answer
Global Gas Demand
Global Gas Price Forecast
Onshore Drilling and Well Completion Activities in Australia
Industry Snapshot
CSG Production
Domestic Gas Production
Domestic Gas Demand

3. DRIVERS AND RESTRAINTS—OIL AND GAS ONSHORE OILFIELD EQUIPMENT RENTAL MARKET

Drivers and Restraints—Oil and Gas Onshore Oilfield Equipment Rental Market
Market Drivers
Drivers Explained
Market Restraints
Restraints Explained

4. OIL AND GAS ONSHORE OILFIELD DRILLING AND COMPLETION ACTIVITIES—AUSTRALIA

Oil and Gas Onshore Oilfield Drilling and Completion Activities—Australia
Number of Wells and Expenditure Forecast
Number of Wells and Expenditure Forecast Discussion

5. OIL AND GAS ONSHORE OILFIELD DRILLING AND COMPLETION ACTIVITIES—NSW

Oil and Gas Onshore Oilfield Drilling and Completion Activities—NSW
NSW: Number of Oil and Gas Wells (2010-2020)
Number of Wells and Expenditure Forecast
Number of Wells and Expenditure Forecast Discussion

6. OIL AND GAS ONSHORE OILFIELD DRILLING AND COMPLETION ACTIVITIES—NT

Oil and Gas Onshore Oilfield Drilling and Completion Activities—NT
NT: Number of Oil and Gas Wells (2010-2020)
Number of Wells and Expenditure Forecast
Number of Wells and Expenditure Forecast Discussion

7. OIL AND GAS ONSHORE OILFIELD DRILLING AND COMPLETION ACTIVITIES—QLD

Oil and Gas Onshore Oilfield Drilling and Completion Activities—QLD
QLD: Number of Oil and Gas Wells (2010-2020)
Number of Wells and Expenditure Forecast
Number of Wells and Expenditure Forecast Discussion

8. OIL AND GAS ONSHORE OILFIELD DRILLING AND COMPLETION ACTIVITIES—SA

Oil and Gas Onshore Oilfield Drilling and Completion Activities—SA
SA: Number of Oil and Gas Wells (2010-2020)
Number of Wells and Expenditure Forecast
Number of Wells and Expenditure Forecast Discussion

9. OIL AND GAS ONSHORE OILFIELD DRILLING AND COMPLETION ACTIVITIES—VIC

Oil and Gas Onshore Oilfield Drilling and Completion Activities—VIC
VIC: Number of Oil and Gas Wells (2010-2020)
Number of Wells and Expenditure Forecast
Number of Wells and Expenditure Forecast Discussion

10. OIL AND GAS ONSHORE OILFIELD DRILLING AND COMPLETION ACTIVITIES—WA

Oil and Gas Onshore Oilfield Drilling and Completion Activities—WA
WA: Number of Oil and Gas Wells (2010-2020)
Number of Wells and Expenditure Forecast
Number of Wells and Expenditure Forecast Discussion

11. FORECASTS AND TRENDS—OIL AND GAS ONSHORE OILFIELD EQUIPMENT RENTAL MARKET

Forecasts and Trends—Oil and Gas Onshore Oilfield Equipment Rental Market
Market Engineering Measurements
Forecast Assumptions
Industry Structure
Revenue Forecast
Revenue Forecast Discussion
Revenue Forecast by Region
Revenue Forecast by Product Type
Oil and Gas Onshore Oilfield Equipment Rental Market Attractiveness

12. MARKET SHARE AND COMPETITIVE ANALYSIS—OIL AND GAS ONSHORE OILFIELD EQUIPMENT RENTAL MARKET

Market Share and Competitive Analysis—Oil and Gas Onshore Oilfield Equipment Rental Market
Market Share
Market Share Analysis
Competitive Environment
Competitive Analysis
Potential Market Opportunities
Critical Success Factors

13. THE LAST WORD

The Last Word
The Last Word—Three Big Predictions
Legal Disclaimer

14. APPENDIX

Appendix
Market Engineering Methodology
Abbreviations and Acronyms
List of Other Companies
Equipment Rental Companies—Examples
Drilling Services and Oil and Gas Concession Holders—Examples
Australia's Upcoming LNG Facilities
Australian Pipeline Network in the Oil and Gas Sector

15. THE FROST and SULLIVAN STORY

The Frost and Sullivan Story
Value Proposition: Future of Your Company and Career
Global Perspective
Industry Convergence
360º Research Perspective
Implementation Excellence
Our Blue Ocean Strategy

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Oilfield Communications Market: By Communication Technologies (Cellular Network, VoIP, Unified Communications, M2M, Microwave Communication, WiMax, VSAT, TETRA, Fiber Optics, WAN, LAN); By Band Type & By Region-Forecast (2016-2022)

Oilfield Communications Market: By Communication Technologies (Cellular Network, VoIP, Unified Communications, M2M, Microwave Communication, WiMax, VSAT, TETRA, Fiber Optics, WAN, LAN); By Band Type & By Region-Forecast (2016-2022)

  • $ 5286
  • Industry report
  • September 2016
  • by Industry ARC

Oilfield Communications can be defined as the technologies used by the oil & gas industry to collect, store, and manage the complex data requirements and field operations coupled with collaborative work ...

Operational Digital Oilfield - Global Market Outlook (2016-2022)

Operational Digital Oilfield - Global Market Outlook (2016-2022)

  • $ 4157
  • Industry report
  • October 2016
  • by Stratistics MRC

According to Stratistics MRC, the Global Operational Digital Oilfield market is estimated to be $24.2 billion in 2015 and is expected to reach $33.8 billion by 2022 growing at a CAGR of 4.9% from 2015-2022. ...

Global Oilfield Communications Market - Market Size, Trends and Forecasts (2015 -  2020)

Global Oilfield Communications Market - Market Size, Trends and Forecasts (2015 - 2020)

  • $ 4250
  • Industry report
  • September 2016
  • by Mordor Intelligence LLP

The oilfield communications market estimated at USD 2.49 billion in 2015 is forecasted to grow at a CAGR of 7.17% over the forecast period to reach a projected worth of USD 3.52 billion by 2020. Oilfield ...


ref:plp2014

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.