Global Directional Drilling Category - Procurement Market Intelligence Report

This procurement report offers key insights on the best practices for supplier selection and the strategies for category management.

  • Published: Sep 2017
  • Pages: 76
  • SKU: IRCMSTR14519
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Key Features of Report

 

Supply Market Insights
Procurement Best Practices
Cost Saving Opportunities
Pricing Models
Negotiation Strategies
Category Risk Analysis
Key Supplier Analysis
Supplier Capability Matrix

 

Directional Drilling - Category Spend Analysis

 

According to procurement analysts at SpendEdge, the rise in demand for shale gas production is one of the key category drivers. Shale gas is popular since it is easier to produce and can generate electricity at a lower cost than coal. SpendEdge analysts project shale gas to be an important source of energy for power plants to generate electricity.

The rise in demand for shale gas has resulted in a consequent increase in E&P activities in countries such as the US, Canada, China, Argentina, Poland, the UK, and Mexico. Hence, expertise and technology offered by directional drilling suppliers for E&P activities are set to improve the production of shale gas from reservoirs around the globe, thereby driving the growth of the market.

Directional Drilling - Procurement Best Practices

 

Buyers should engage with suppliers who can provide them with a directional drilling consultant with the expertise to drill in an oil and gas rig site. The directional drilling consultant should typically provide the buyers with a safe drilling plan which takes into account the geographical formation of the reservoir. Consultants also need to ensure that the drilling plan avoids any possible hazards at the rig site which may cause a loss in either infrastructure or human life.

Directional Drilling – Procurement Challenges

 

Obtaining clearances for carrying out directional drilling and other processes essential for oil or gas E&P activities is one of the key challenges faced by the buyers in the market, according to the directional drilling procurement report. Governments across the globe have enforced stringent policies on the oil and gas industry as E&P activities can have an adverse impact on the environment.

SpendEdge analysts say that in order to mitigate this challenge, buyers need to engage with suppliers who make use of compliant drilling equipment and a limited amount of chemicals.  This not only aids in obtaining clearances but also in reducing the stress on the environment, mainly on the local water bodies.

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PART 1: CATEGORY AT A GLANCE

  • TAKEAWAY 01 | Market Overview
  • TAKEAWAY 02 | Demand and Supply Snapshot
  • TAKEAWAY 03 | Key Market Dynamics
  • TAKEAWAY 04 | Supply Market Highlights
  • TAKEAWAY 05 | Pricing Insights
  • TAKEAWAY 06 | Procurement Insights

PART 2:  SCOPE OF THE REPORT

  • Category Definition
  • Research Methodology

PART 3: MARKET INSIGHTS

  • Category Spend Analysis
  • Category Maturity by Regions
  • Demand-Supply Shifts
  • Regional Demand-Supply Snapshot
  • Market Developments
  • Regional Impact of Trends
  • Key Category Growth Drivers and Corresponding Regional Impacts
  • Major Category Growth Constraints and Corresponding Regional Impacts
  • Key Current Technological Innovations
  • Major Regulatory Frameworks
  • Strategic Sustainability Practices
  • Porter’s Five Forces
  • PESTLE Analysis

PART 4: SUPPLY MARKET INSIGHTS

  • Supplier Operational Capability Matrix
  • Other Prominent Suppliers by Region: Operational Capability Matrix
  • Supplier Functional Capability Matrix
  • Other Prominent Suppliers by Region: Functional Capability Matrix
  • Key Clients/Partners
  • Supplier Cost Breakup
  • Supplier Positioning Matrix

PART 5: PRICING INSIGHTS

  • Pricing Models Snapshot
  • Pricing Models – Pros and Cons
  • Indicative Pricing

PART 6: PROCUREMENT INSIGHTS

  • Major Category Requirements
  • Major Procurement Pain Points
  • Category Sourcing Evolution Matrix
  • Procurement Best Practices
  • Cost-saving Opportunities
  • Supplier Selection Criteria
  • Category Negotiation Strategies
  • SLA Terms
  • Supplier Evaluation Criteria
  • Category Risk Analysis

PART 7: TOP FIVE SUPPLIERS

  • Schlumberger
  • Halliburton
  • Baker Hughes
  • Weatherford
  • Transocean

PART 8: APPENDIX

  • Glossary
  • Key Notes
  • About Us

Research Framework

SpendEdge presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key category influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary research

  • Procurement heads
  • Category managers
  • Sourcing consortium professionals
  • Industry experts and thought leaders
  • Procurement managers
  • Category heads of suppliers
  • Client account heads/managers
  • Client and industry consultants

Secondary research

  • Industry journals and reports
  • Periodicals and new articles
  • Category webinars
  • Internal categiry playbooks
  • Industry and government websites on regulations and compliance
  • Internal databases
  • Industry blogs/thought leader briefings

DATA ANALYSIS

SpendEdge INSIGHTS

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