DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/01d6b6/oil_gas_field_se) has announced the addition of the "Oil & Gas Field Services " report to their offering.
The US oil and gas field services industry includes about 7,600 companies with combined annual revenue of about $72 billion. Major companies include Baker Hughes, Diamond Offshore Drilling, Halliburton, National Oilwell Varco, and Schlumberger Limited, the US operations of Schlumberger.
The global oil and gas field services industry generates about $140 billion in revenue, according to GBI Research. Drilling and field service locations are determined by oil and gas production and reserves. Some of the largest oil and gas reserves are in Saudi Arabia, Russia, and Iran. Major oil and gas field service companies based outside the US include Schlumberger (Netherlands Antilles); Nabors Industries (Bermuda); and Transocean (Switzerland).
The industry includes companies that specialize in oil and gas well drilling and companies that provide other services in support of oil and gas field operations. Oil & Gas Field Equipment Manufacturing and Oil & Gas Exploration & Production are separate industry profiles.
COMPETITIVE LANDSCAPE
Demand is driven by oil and gas prices. The profitability of individual companies depends on technical expertise and efficiency of operations. Large companies can offer a broad range of services. Small firms can compete effectively by specializing in a particular type of service or geographic area.
The industry is highly competitive in both the domestic and international markets. Larger companies typically earn more than 60 percent of revenue outside the US.
Key Topics Covered:
Industry Overview
Quarterly Industry Update
Business Challenges
Business Trends
Industry Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Web Links and Acronyms
For more information visit http://www.researchandmarkets.com/research/01d6b6/oil_gas_field_se
Source: First Research