Oilfield Market Report


Report published on October 1

The Oilfield Market Report details the equipment and service markets associated with the exploration, drilling, and production segments of the worldwide petroleum industry. It contains a briefing on 32 distinct market segments, supplying concise, commercially-oriented independent and often exclusive information on each market: size, share, drivers, purchasing process, new technology, and recent transactions. Spears & Associates developed the Oilfield Market Report based on thousands of interviews and hundreds of independent data sources.


Click here for a discussion of the most recent update by the author, Richard Spears.


Key Benefits

- Competitive Benchmarking

- Identifying New Markets

- Identifying Acquisition Targets

- Strategic Sourcing Support


This report draws on the international resources of Spears and Associates for direct input from operating personnel, industry analysts, and equipment and service companies to form the basis for our conclusions and estimates. All revenue estimates are for the current year and forecasts of future growth for each market segment are tied to the Spears Drilling and Production Outlook, a quarterly publication which tracks and forecasts upstream activity and spending in the U.S., Canada, Russia, China, and 50 other countries worldwide.


Will this information help you? Clients are using the Oilfield Market Report to benchmark current business and to identify growth opportunities in new regions or in new product lines. For companies considering an acquisition, each segment in the Oilfield Market Report is a short course on the market, the players, the customers and what drives the business. Many oil companies use the Oilfield Market Report to support their strategic sourcing and procurement departments.


The report format adopted for most market segments of the Oilfield Market Report is as follows:

- Market Definition - describing the type and uses for the equipment or service.

- Market Place - detailing the divisions within a market, the drivers of the market, customer base and purchasing

- World Market Size - presented by region with growth rates and comments on specific factors or projects effecting
  growth in each region.

- Market Share - broken down by major suppliers showing their estimated market share and company ownership.

- Trends and Events - describes company consolidations, acquisitions and divestitures, new technology and
  consumer preferences.


If you order the entire report, you'll receive the eOMR, the software compliment to the printed report, for free. The eOMR contains spreadsheets with estimated annual sales of oilfield suppliers since 2000 for nearly 300 public and private firms broken out by market segment. The software format allows the user to "click" from a review of a market segment to the complete breakout of a company’s estimated annual sales. The report also includes a one-year forecast of each market segment.


Corporate and site licenses are available at a substantial savings. You can order by phone, fax or email. 

Click here for an order form.