Overview

Oiling up: Industry revenue is expected to bounce as oil and natural gas prices recover

The Oil, Gas & Mining Consultants industry market report contains strategic analysis of the key drivers influencing the industry. Save hours of time on research and prospecting using IBISWorld’s standardized, up-to-date reports on thousands of industries. Our industry research provides growth and profit forecasts for a five-year outlook period, presented in a clear and user-friendly format.

REPORT SNAPSHOT

Industry Threats & Opportunities

  • The Oil, Gas and Mining Consultants industry experienced volatile growth over the past five years due to falling oil prices
  • Similar to oil and gas companies, mining companies hire consultants to help handle a variety of concerns
  • roleum deposits and mineral resources will bolster demand

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    Industry Analysis & Industry Trends

    The Oil, Gas and Mining Consultants industry has undergone volatile growth over the past five years. Oil and gas companies have been aggressively pursuing oil and natural gas deposits trapped in shale rock deposits, and mining companies have benefited from recovering demand over the period. Additionally, hydraulic fracturing and horizontal drilling techniques have bolstered the United States' position in global petroleum markets. Over the next five years, demand from both petroleum and mining companies will rise steadily as these industries recover. Furthermore, oil and gas companies will continue to demand consulting services to help handle shifting regulatory landscapes and monitor environmental issues...

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    Industry Report - Industry Locations Chapter

    Establishments in the Oil, Gas and Mining Consultants industry are most heavily concentrated in the West, Southeast, Southwest and Mid-Atlantic regions. These concentrated regions are expected to account for 76.7% of the industry's share of establishments in 2017. The spread of establishments in this industry is closely tied to the location of large clients, the availability of skilled and educated employees and proximity to client operations.

    Regions that exhibit a high proportion of establishments to population include the West and the Rocky Mountains. The West holds an estimated 30.9% of the industry's establishments, and the Rocky Mountains hold an estimated 6.4% of industry establishments. IBI..

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    Additional Insights for the Oil, Gas & Mining Consultants Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Oil, Gas & Mining Consultants Industry are

  • Ability to compete on tender
  • Effective cost controls
  • Access to multiskilled and flexible workforce
  • IBISWorld analysts also discuss how external factors such as Regulation for the Mining sector and US oil and gas production index in the Oil, Gas & Mining Consultants industry impact industry performance..

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    Industry Products

    What is the Oil, Gas & Mining Consultants Industry?

    Companies in this industry provide advice to businesses and other organizations regarding the exploration and development of valuable minerals and other geological materials. Furthermore, industry consultants also provide expertise related to energy efficiency and regulatory changes. This industry does not include companies that provide geological surveying and mapping services; those services are included in the Geophysical Services industry (IBISWorld report 54136).

    Industry Products
    General consulting services
    Geological consulting services
    Safety, security and regulatory consulting services
    Industry Activities
    Consulting on feasibility studies on mineral, oil and natural gas properties
    Consulting on geophysical survey design, including selection of methods
    Consulting on independent valuations of mineral, oil and natural gas properties
    Consulting on mineral, oil and natural gas property and project evaluation services
    Consulting on preparing independent reports for stock exchange listings

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Regulation for the Mining sector
  • US oil and gas production index
  • Demand from mining (except oil and gas)
  • Demand from oil and gas extraction
  • World price of crude oil

  • Current Performance
  • Along for the ride
  • Extracting profit
  • Monitoring environmental and regulatory concerns
  • Chart: Revenue Growth

  • Industry Outlook
  • Oil sector influence continues
  • Environmental and safety concerns persist
  • Table: Oil, Gas & Mining Consultants Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Oil, Gas & Mining Consultants Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Mining
  • Utilities
  • Construction
  • Manufacturing
  • Public Administration

  • Key Selling Industries
  • Commercial Leasing
  • Computer Stores
  • Office Supply Stores

  • Products & Services
  • General consulting services
  • Safety, security and regulatory consulting services
  • Geological consulting services
  • Chart: Oil, Gas & Mining Consultants Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Oil and gas extraction companies
  • Oil and gas refining companies
  • Mining companies
  • Chart: Major Market Segmentation for the Oil, Gas & Mining Consultants Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchases and depreciationRent and utilitiesOther
  • Chart: Cost Structure Benchmarking – Sector vs Oil, Gas & Mining Consultants

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Oil, Gas & Mining Consultants Industry

  • Industry Globalization
    Major Companies
    Accenture PLCDeloitte Touche Tohmatsu Limited
  • Table: Accenture PLC - financial performance
  • Table: Deloitte Touche Tohmatsu Limited - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Oil, Gas & Mining Consultants Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Oil, Gas & Mining Consultants Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • World production of oil (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Horizontal Drilling
  • A technique that expands drilling operations underground; rather than drilling individual wells vertically, horizontal drilling enables multiple deposits to be extracted from one surface location
  • Hydraulic Fracturing
  • A technique that oil and gas companies use to extract resources from low permeable and nonporous oil and gas deposits
  • Minerals
  • A mineral is a naturally occurring substance that is solid and stable.
  • Solar Panel
  • A solar panel is a packaged, connected assembly of photovoltaic cells used for generating energy from natural sunlight.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
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    This report on Oil, Gas & Mining Consultants:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Oil, Gas & Mining Consultants market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Oil, Gas & Mining Consultants, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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