Oil & Gas Drilling in China - IBISWorld Industry Market Research

Oil & Gas Drilling in China

Oil & Gas Drilling in China - IBISWorld Industry Market Research
Oil & Gas Drilling in China
Published Jul 06, 2015
31 pages — Published Jul 06, 2015
Price US$ 660.00  |  Buy this Report Now

About This Report


The Oil and Gas Drilling industry in China has been growing 3.3% annually over the past five years, but year on year growth has been volatile. Demand for crude oil and natural gas drove strong growth of over 30.0% in 2010 and 2011. However, since then, growth in China's economy has been slowing down, which has led to a decline in the domestic crude oil price.

The Oil and Gas Drilling industry operates oil and gas fields. Activities include the exploration for crude oil and natural gas; drilling, completing and equipping wells; and other activities to make crude oil and natural gas marketable, to the point of shipment from the producing property. This industry also includes mining and extracting oil from oil shale and oil sands and the production of liquid hydrocarbons and natural gas.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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IBISWorld Industry Market Research. "Oil & Gas Drilling in China" Jul 06, 2015. Alacra Store. Oct 21, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Oil-Gas-Drilling-in-China-2042-4>
IBISWorld Industry Market Research. (2015). Oil & Gas Drilling in China Jul 06, 2015. New York, NY: Alacra Store. Retrieved Oct 21, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Oil-Gas-Drilling-in-China-2042-4>
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