If your company is looking to save time and money during the initial stages of the buying process, IBISWorld’s Directional Drilling Services procurement research will provide you with the tools necessary to do just that. This report breaks down the data and analysis behind buying Directional Drilling Services, such as pricing dynamics, supply chain risks and external demand drivers. Your company will also gain expert negotiation tactics to help gain leverage when working with suppliers.
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 2018, the price of directional drilling services has been rising at an estimated annualized rate of 2.4%. Not only have price increases negatively impacted buyers, but prices have had a high level of volatility during the period. High price volatility presents buyers with considerable risk of sudden and extreme price changes, making it difficult to create accurate budgets...


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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