GLOBAL INTELLIGENT DRILLING RIG MARKET

INTRODUCTION

The tools used to dig a wellbore are called drilling rigs. The derrick, the drawworks, the rotary table, the drill string, the power generation equipment, and ancillary equipment are some of the drilling rig's major parts.

Mud tanks and pumps are another important part. For oil and gas exploration and drilling, a variety of offshore platforms are employed. These range from floating platforms or vessels to those that are anchored to the ocean floor. Each is made with certain uses and water depths in mind.

Petroleum is mostly extracted from rocks underground by drilling. Geosteering and other contemporary "smart drilling" software technologies will contribute to a 30% improvement in oil well productivity and a 50% reduction in construction times while minimising production and process waste. 

GLOBAL INTELLIGENT DRILLING RIG MARKET SIZE AND FORECAST

The Global Intelligent 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

Sandvik introduces a new sophisticated longhole drill rig. The Sandvik DL422i is Sandvik Mining and Rock Solutions' newest i-series top hammer longhole drill rig. Sandvik has recently unveiled the diesel version of the DL422iE battery-powered drill, which is intended for underground mass mining in production drifts of four by four metres or bigger.

For businesses with difficult site circumstances that are not ideal for a battery electric fleet, the Sandvik DL422i offers the same productivity, dependability, and high utilisation as its BEV cousin.

The new Sandvik DL422i longhole production drill increases their i-series lineup with a conventional diesel engine architecture and starts to replace the workload of its illustrious predecessor, the Sandvik DL421. Production drilling with longholes. For a better user experience, Sandvik DL422i prioritises automated operations, fleet connection, data accessibility, and enhanced hole accuracy.

These features are complemented by Sandvik's technical assistance and operator training. Automation allows for up to a 20% boost in productivity and up to 10% more drilled metres per shift.Within Sandvik's i-series of underground drilling equipment, the DL422i is a highly intelligent and automated drill with possibilities for both automation and teleremote operation.

It is compatible with Sandvik's Platinum level automation package, which includes connectivity to My Sandvik remote monitoring and Sandvik DrillConnect mobile application, one-hole and fan automation, automatic boom repositioning to the next hole, automatic stinger control, drill plan and as-drilled data management (WLAN), and more.

COMPANY PROFILE

• Epiroc
• Atlas Copco
• Sandvik
• Halliburton
• Seadrill

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

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