IBISWorld’s Directional Drilling Services Procurement Research Report helps simplify the purchasing process. This report provides tools such as pricing trends and forecasts, supplier benchmarks and negotiation questions to help you work with internal stakeholders and executives to manage the procurement process for your company. With this information, your company will be able to make credible and knowledgeable decisions regarding purchasing Directional Drilling Services.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Directional Drilling Services - Recent Price Trend

In the three years to 2017, the price of directional drilling services has been falling at an estimated annualized rate of 1.5%. Although buyers benefit from the decline in service rates, prices have had a high level of volatility during the period. High price volatility presents buyers with considerable risk sudden and extreme price changes, making it difficult to create accurate budgets and...


Directional Drilling Services - Total Cost of Ownership

The total cost of ownership (TCO) for directional drilling services is moderate, whereby add-on costs account for between 50.0% and 100.0% of the benchmark purchase price per year. Buyers typically incur several costs before and after using directional drilling services. For example, before drilling, buyers pay for oil exploration, which uses a variety of surveys to show where oil and gas traps...


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About this Report

This report is intended to assist buyers of directional drilling services. Directional drilling involves drilling at an angle to take measurements, hit targets and stimulate reservoirs. This method of drilling allows extractors to obtain resources from multiple adjacent reservoirs. These evaluation services aid in reservoir engineering, well placement and mining resource mapping. Directional drilling services benefit buyers because they reach targets that cannot be reached otherwise, while improving well productivity in a fractured reservoir and minimizing the well's environmental impact. This report does not cover oil well fishing services or horizontal drilling services.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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