GLOBAL DEEP HOLE DIRECTIONAL DRILLING RIG MARKET 

INTRODUCTION

 Deep Hole Directional Drilling Rig is specifically designed to drill especially long directional drilling borehole in explosive underground environments. It is MA certified and currently operating in Chinese regularly drilling sub-horizontal direction holes in excess of 2000 meters.

Directional drilling (or slant drilling) is the practice of drilling non-vertical bores. It can be broken down into four main groups: oilfield directional drilling, utility installation directional drilling, directional boring (horizontal directional drilling - HDD), and surface in seam (SIS), which horizontally intersects a vertical bore target to extract coal bed methane.

Wells are drilled directionally for several purposes:Increasing the exposed section length through the reservoir by drilling through the reservoir at an angle.Drilling into the reservoir where vertical access is difficult or not possible. For instance an oilfield under a town, under a lake, or underneath a difficult-to-drill formation.

GLOBAL DEEP HOLE DIRECTIONAL  DRILLING RIG MARKET  SIZE AND FORECAST

Global deep hole directional drilling rig market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

Boart Longyear, the world’s leading provider of drilling services, equipment and performance tooling is announcing the launch of a new LM Deep Hole underground drilling rig.Boart Longyear continues to deliver industry leading safety, reliability, and productivity.

The new rig will build off the already popular LM110 and Nitro-Chuck™ platforms with the addition of a new PQ drill head. The drill will allow for a 50% increase in drilling depth for NQ size.

As with all LM drills, the rig can be operated with remote control through the DCi™ (Drill Control Interface) and supplied with a rod handler for enhanced safety. This drastically reduces the driller’s exposure to potential hand injuries, one of the biggest risks for a drilling operator.

When paired together, drillers can utilise semi-autonomous drill routines over breaks and shift changes which have been found to increase productivity of up to 14%.

COMPANY PROFILE

• Boart Longyear
• HDD broker
• Trenchless
• Herrenknecht
• Pit

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many deep hole directional drilling rig are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global deep hole directional drilling rig and key vendor selection criteria
3. Where is the deep hole directional drilling rig manufactured? What is the average margin per unit?
4. Market share of Global deep hole directional drilling rig market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global deep hole directional drilling rig in-house
6. key predictions for next 5 years in Global deep hole directional drilling rig market
7. Average B-2-B deep hole directional drilling rig market price in all segments
8. Latest trends in deep hole directional drilling rig market, by every market segment
9. The market size (both volume and value) of the deep hole directional drilling rig market in 2023-2030 and every year in between?
10. Production breakup of deep hole directional drilling rig market, by suppliers and their OEM relationship