Drilling Waste Management Market, by Service Type (Solid Control, Treatment & Disposal, Containment & Handling, and Others), by Application (Onshore and Offshore), and by Geography - Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025

  • Report code : CMI14990 |
  • Industry :

    Energy

  • Published On : Oct 2017 |
  • Pages : 122 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Drilling Waste Management - Insights

Drilling waste management is a constituent of successful operation activities related to E&P operations, which is essential for effective drilling and production operation and for environmental protection. The waste streams from drilling includes drilling fluids, cuttings, and interfacial mixtures. Large E&P (Exploration & Production) activities, growing environmental concerns, and stringent government regulations are some of the factors which is expected to fuel growth of the drilling waste management market during the forecast period. The discovery of deep-water hydrocarbon reserves created several opportunities for the oil and gas manufacturers, supporting the growth of market. However, slump in crude oil prices hamper the market growth.

On the basis of service type, drilling waste management market is segmented into solid control, treatment & disposal, containment & handling, and others. Furthermore, the service type is sub-segmented into treatment & disposal, containment & handling, and solids control. Treatment & disposal service segment was the leading segment among service types, and accounted the largest share in drilling waste management market, owing to the onsite burial sites which include landfill and pits, land farming, land spreading, slurry injection, thermal treatment, and bioremediation. However, solid control segment will be the largest growing segment during the forecast period, due to high efficiency of the process involved with control system. Furthermore, the service segment is used to remove unwanted solids such as drill cuttings from drilling fluid, gases and other contaminants in mud, while providing maximum recovery for re-use of drilling fluids.

On the basis of application, drilling waste management is segmented into onshore and offshore. In 2016, onshore application segment was the leading segment with the largest market share in drilling waste management market, owing to its wide operations based on land. Furthermore, onshore drilling offers large options for storage and transport of oil after the extraction process.

North America holds a dominant position in the global drilling waste management market, with 36.40% market share. This is due to various drilling activities produced by the increase of the shale gas. The U.S. Shale Revolution significantly increases its oil and gas production, one of the biggest event for oil & gas industry. The regulations in the U.S. promote the development of oil & gas, providing a stable process. The stabilization of oil prices may result in increasing drilling activities in North America, which in turn, drives the market growth.

Europe holds the second largest position, in terms of revenue, in the global drilling waste management market. The market is driven by growing exploration activities, supportive regulations, and increasing awareness towards environmental pollution. Environmental regulations such as zero discharge policy in the offshore region drives the market growth. The used drilling mud is considered as a kind of mining waste, thus, it is subjected to 20/2006/EC mining waste directive, as per European legislation. The drilling mud cannot be disposed on landfill facility and can be re-injected into underground strata.

In Middle East and Africa, the discoveries of gas in Mozambique and Tanzania and increased E&P (Exploration & Production) activities in Kenya and Uganda, holding untapped oil and gas reserve potential in the region. The stringent environmental norms for offshore projects and any spillage may result in additional operation cost, ensuring the adoption of drilling waste management by the industry.

The drilling waste management market was valued at US$ 3.91 billion in 2016 and is expected to witness a CAGR of 6.30%, in terms of revenue, during the forecast period.

Figure 1. Global Drilling Waste Management Market Share, by Service Type, 2016

drilling waste management market

Source: Coherent Market Insights 2017

Among service type, treatment and disposal segment accounted to held major share in the drilling waste management market in 2016. Factors such as high initial investment and lack of skilled labor is expected to hamper the market growth.

Major Players in the Global Drilling Waste Management Market

Some of the key players operating in the global drilling waste management market are Halliburton Co., Weatherford International Ltd., National Oilwell Varco, Inc., Xi'an Kosun Machinery Co., Ltd., Tervita Corporation, TWMA Ltd., Step Oiltools, Soli-Bond, Inc. Specialty Drilling Fluids Ltd., Soiltech, Scomi Group BHD, Secure Energy Services, Inc., Schlumberger Ltd., Nuverra Environmental Solutions, Ridgeline Canada, Inc., Newalta, Hebei Gn, Solids Control Co. Ltd., Imdex Limited, Baker Hughes, Inc., Derrick Equipment Company, and Augean PLC

Oil and gas drilling process generates large volume of waste which includes spent mud and drilling cuts. This waste adversely effects human health and environment. Oil and gas industry are focusing to develop a new technology which will have least impact on environment. For instance, cuttings reinjection (CRI) technology have less impact on environment and also provide oily waste disposal. The offshore and onshore operators use variety of methods to manage the drilling wastes. Drilling wastes are accounted for the second largest volume of waste generated by the E&P industry.

Market Dynamics

The drilling waste management market is expected to be dominated by North America, followed by Europe. This is mainly owing to increasing concerns related to environment and stringent government regulations. Increasing consumption of crude oil due to growing energy demand is fueling the market growth in Asia Pacific, especially in countries such as India, china, South Korea, and Indonesia. In India, the ONGC (Oil and Natural Gas Corporation) plans to invest in E&P activities of shale gas on the eastern and western country’s coast. Moreover, the licensing policy and exploration of hydrocarbon approval in India is in favor of the regional players, which is expected to fuel demand for drilling waste management.

Key features of the study:

  • This report provides in-depth analysis of drilling waste management and provides market size (US$ Billion) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017 – 2025), considering 2016 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
  • It profiles leading players in the global drilling waste management market on the basis of the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Halliburton Co., Weatherford International Ltd., National Oilwell Varco, Inc., Xi'an Kosun Machinery Co., Ltd., Tervita Corporation, TWMA Ltd., Step Oiltools, Soli-Bond, Inc. Specialty Drilling Fluids Ltd., Soiltech as, Scomi Group BHD, Secure Energy Services, Inc., Schlumberger Ltd., Nuverra Environmental Solutions, Ridgeline Canada, Inc., Newalta, Hebei Gn, Solids Control Co. Ltd., Imdex Limited Baker Hughes, Inc., Derrick Equipment Company, and Augean PLC
  • Insights from this report would allow marketers and the management authorities of companies to make informed decisions regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
  • The global drilling waste management market report caters to various stakeholders in this industry including investors, suppliers, oil & gas manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the drilling waste management market

Detailed Segmentation:

  • Global Drilling Waste Management Market, By Service Type:
    • Solids Control
    • Treatment & Disposal
    • Containment & Handling
    • Others
  • Global Drilling Waste Management Market, By Application:
    • Onshore
    • Offshore
  • Global Drilling Waste Management Market, By Geography:
    • North America
      • U.S.
        • By Service Type:
          • Solids Control
          • Treatment & Disposal
          • Containment & Handling
          • Others
        • By Application:
          • Onshore
          • Offshore
      • Canada
        • By Service Type:
          • Solids Control
          • Treatment & Disposal
          • Containment & Handling
          • Others
        • By Application:
          • Onshore
          • Offshore
    • Europe
      • U.K.
        • By Service Type:
          • Solids Control
          • Treatment & Disposal
          • Containment & Handling
          • Others
        • By Application:
          • Onshore
          • Offshore
      • Norway
        • By Service Type:
          • Solids Control
          • Treatment & Disposal
          • Containment & Handling
          • Others
        • By Application:
          • Onshore
          • Offshore
      • Russia
        • By Service Type:
          • Solids Control
          • Treatment & Disposal
          • Containment & Handling
          • Others
        • By Application:
          • Onshore
          • Offshore
      • Rest of Europe
        • By Service Type:
          • Solids Control
          • Treatment & Disposal
          • Containment & Handling
          • Others
        • By Application:
          • Onshore
          • Offshore
    • Asia Pacific
      • China
        • By Service Type:
          • Solids Control
          • Treatment & Disposal
          • Containment & Handling
          • Others
        • By Application:
          • Onshore
          • Offshore
      • India
        • By Service Type:
          • Solids Control
          • Treatment & Disposal
          • Containment & Handling
          • Others
        • By Application:
          • Onshore
          • Offshore
      • Thailand
        • By Service Type:
          • Solids Control
          • Treatment & Disposal
          • Containment & Handling
          • Others
        • By Application:
          • Onshore
          • Offshore
      • Australia
        • By Service Type:
          • Solids Control
          • Treatment & Disposal
          • Containment & Handling
          • Others
        • By Application:
          • Onshore
          • Offshore
      • Indonesia
        • By Service Type:
          • Solids Control
          • Treatment & Disposal
          • Containment & Handling
          • Others
        • By Application:
          • Onshore
          • Offshore
      • Malaysia
        • By Service Type:
          • Solids Control
          • Treatment & Disposal
          • Containment & Handling
          • Others
        • By Application:
          • Onshore
          • Offshore
      • Rest of Asia Pacific
        • By Service Type:
          • Solids Control
          • Treatment & Disposal
          • Containment & Handling
          • Others
        • By Application:
          • Onshore
          • Offshore
    • Latin America
      • Brazil
        • By Service Type:
          • Solids Control
          • Treatment & Disposal
          • Containment & Handling
          • Others
        • By Application:
          • Onshore
          • Offshore
      • Mexico
        • By Service Type:
          • Solids Control
          • Treatment & Disposal
          • Containment & Handling
          • Others
        • By Application:
          • Onshore
          • Offshore
      • Argentina
        • By Service Type:
          • Solids Control
          • Treatment & Disposal
          • Containment & Handling
          • Others
        • By Application:
          • Onshore
          • Offshore
      • Rest of Latin America
        • By Service Type:
          • Solids Control
          • Treatment & Disposal
          • Containment & Handling
          • Others
        • By Application:
          • Onshore
          • Offshore
    • Middle East
      • GCC
        • By Service Type:
          • Solids Control
          • Treatment & Disposal
          • Containment & Handling
          • Others
        • By Application:
          • Onshore
          • Offshore
      • Israel
        • By Service Type:
          • Solids Control
          • Treatment & Disposal
          • Containment & Handling
          • Others
        • By Application:
          • Onshore
          • Offshore
      • Rest of Middle East
        • By Service Type:
          • Solids Control
          • Treatment & Disposal
          • Containment & Handling
          • Others
        • By Application:
          • Onshore
          • Offshore
    • Africa
      • North Africa
        • By Service Type:
          • Solids Control
          • Treatment & Disposal
          • Containment & Handling
          • Others
        • By Application:
          • Onshore
          • Offshore
      • Central Africa
        • By Service Type:
          • Solids Control
          • Treatment & Disposal
          • Containment & Handling
          • Others
        • By Application:
          • Onshore
          • Offshore
      • South Africa
        • By Service Type:
          • Solids Control
          • Treatment & Disposal
          • Containment & Handling
          • Others
        • By Application:
          • Onshore
          • Offshore
  • Company Profiles
    • Halliburton Co. *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Weatherford International Ltd.
    • Schlumberger Ltd
    • National Oilwell Varco, Inc
    • Xi'an Kosun Machinery Co., Ltd.,
    • Tervita Corporation
    • Schlumberger Ltd
    • Nuverra Environmental Solutions
    • Ridgeline Canada, Inc.,
    • Baker Hughes
    • Hebei Gn
    • Derrick Equipment Company
    • Augean PLC

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Service Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Epidemiology/Prevalence/Incidence
      • Merger and Acquisitions
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
    • Cost Tier Down Analysis
  4. Global Drilling Waste Management Market, By Service Type, 2017 - 2025, (US$ Billion)
    • Introduction
      • Market Share Analysis, 2016 and 2025 (%)
      • Y-o-Y Growth Analysis, 2017 - 2025
      • Segment Trends
    • Solids Control
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2025, (US$ Billion)
    • Treatment & Disposal
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2025, (US$ Billion)
    • Containment & Handling
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2025, (US$ Billion)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2025, (US$ Billion)
  5. Global Drilling Waste Management Market, By Application, 2017 - 2025, (US$ Billion)
    • Introduction
      • Market Share Analysis, 2016 and 2025 (%)
      • Y-o-Y Growth Analysis, 2017 - 2025
      • Segment Trends
    • Onshore
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2025, (US$ Billion)
    • Offshore
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2025, (US$ Billion)
  6. Global Drilling Waste Management Market, By Regions, 2017 - 2025, (US$ Billion)
    • Introduction
      • Market Share Analysis, By Region, 2016 and 2025 (%)
      • Y-o-Y Growth Analysis, For Regions, 2017 - 2025
    • North America
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2017 - 2025
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Service Type, 2017 - 2025, (US$ Billion)
          • Market Size and Forecast, By Application, 2017 - 2025, (US$ Billion)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Service Type, 2017 - 2025, (US$ Billion)
          • Market Size and Forecast, By Application, 2017 - 2025, (US$ Billion)
    • Europe
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2017 - 2025
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Service Type, 2017 - 2025, (US$ Billion)
          • Market Size and Forecast, By Application, 2017 - 2025, (US$ Billion)
        • Norway
          • Country Trends
          • Market Size and Forecast, By Service Type, 2017 - 2025, (US$ Billion)
          • Market Size and Forecast, By Application, 2017 - 2025, (US$ Billion)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Service Type, 2017 - 2025, (US$ Billion)
          • Market Size and Forecast, By Application, 2017 - 2025, (US$ Billion)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Service Type, 2017 - 2025, (US$ Billion)
          • Market Size and Forecast, By Application, 2017 - 2025, (US$ Billion)
    • Asia Pacific
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2017 - 2025
        • China
          • Country Trends
          • Market Size and Forecast, By Service Type, 2017 - 2025, (US$ Billion)
          • Market Size and Forecast, By Application, 2017 - 2025, (US$ Billion)
        • India
          • Country Trends
          • Market Size and Forecast, By Service Type, 2017 - 2025, (US$ Billion)
          • Market Size and Forecast, By Application, 2017 - 2025, (US$ Billion)
        • Thailand
          • Country Trends
          • Market Size and Forecast, By Service Type, 2017 - 2025, (US$ Billion)
          • Market Size and Forecast, By Application, 2017 - 2025, (US$ Billion)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Service Type, 2017 - 2025, (US$ Billion)
          • Market Size and Forecast, By Application, 2017 - 2025, (US$ Billion)
        • Indonesia
          • Country Trends
          • Market Size and Forecast, By Service Type, 2017 - 2025, (US$ Billion)
          • Market Size and Forecast, By Application, 2017 - 2025, (US$ Billion)
        • Malaysia
          • Country Trends
          • Market Size and Forecast, By Service Type, 2017 - 2025, (US$ Billion)
          • Market Size and Forecast, By Application, 2017 - 2025, (US$ Billion)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Service Type, 2017 - 2025, (US$ Billion)
          • Market Size and Forecast, By Application, 2017 - 2025, (US$ Billion)
    • Latin America
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2017 - 2025
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Service Type, 2017 - 2025, (US$ Billion)
          • Market Size and Forecast, By Application, 2017 - 2025, (US$ Billion)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Service Type, 2017 - 2025, (US$ Billion)
          • Market Size and Forecast, By Application, 2017 - 2025, (US$ Billion)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Service Type, 2017 - 2025, (US$ Billion)
          • Market Size and Forecast, By Application, 2017 - 2025, (US$ Billion)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Service Type, 2017 - 2025, (US$ Billion)
          • Market Size and Forecast, By Application, 2017 - 2025, (US$ Billion)
    • Africa
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2017 - 2025
        • North Africa
          • Country Trends
          • Market Size and Forecast, By Service Type, 2017 - 2025, (US$ Billion)
          • Market Size and Forecast, By Application, 2017 - 2025, (US$ Billion)
        • Central Africa
          • Country Trends
          • Market Size and Forecast, By Service Type, 2017 - 2025, (US$ Billion)
          • Market Size and Forecast, By Application, 2017 - 2025, (US$ Billion)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Service Type, 2017 - 2025, (US$ Billion)
          • Market Size and Forecast, By Application, 2017 - 2025, (US$ Billion)
    • Middle East
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2017 - 2025
        • GCC Countries
          • Country Trends
          • Market Size and Forecast, By Service Type, 2017 - 2025, (US$ Billion)
          • Market Size and Forecast, By Application, 2017 - 2025, (US$ Billion)
        • Israel
          • Country Trends
          • Market Size and Forecast, By Service Type, 2017 - 2025, (US$ Billion)
          • Market Size and Forecast, By Application, 2017 - 2025, (US$ Billion)
        • Rest of Middle East
          • Country Trends
          • Market Size and Forecast, By Service Type, 2017 - 2025, (US$ Billion)
          • Market Size and Forecast, By Application, 2017 - 2025, (US$ Billion)
  7. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • Halliburton Co.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Weatherford International Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Schlumberger Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • National Oilwell Varco, Inc
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Xi'an Kosun Machinery Co., Ltd.,
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Tervita Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Schlumberger Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Nuverra Environmental Solutions
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Ridgeline Canada, Inc.,
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Baker Hughes
        •  Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Hebei Gn
        •  Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Derrick Equipment Company
        •  Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Augean PLC
        •  Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • Analyst Views
  8. Section
    • References
    • Research Methodology
    • About Us and Sales Contact

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