ERD(Extended Reach Drilling) 시장 - 세계 산업 규모, 점유율, 동향, 기회, 예측 : 유정 유형별, 기술별, 용도별, 지역별, 경쟁별(2020-2030년)

Global Extended Reach Drilling Market was valued at USD 6.31 billion in 2024 and is expected to reach USD 9.91 billion by 2030 with a CAGR of 7.65% during the forecast period. Extended Reach Drilling (ERD) refers to the advanced drilling technique used to access oil and gas reserves that are located far from the wellbore's vertical entry point. This method allows for the drilling of highly deviated and horizontal wells to extend further than conventional drilling techniques, enabling operators to tap into hydrocarbon reservoirs beneath environmentally sensitive or inaccessible areas such as deepwater offshore fields, urban landscapes, or protected ecosystems. The Extended Reach Drilling Market encompasses the technologies, tools, software, and services that support ERD operations across onshore and offshore environments, facilitating greater reservoir contact, improved recovery rates, and enhanced production efficiency.

Key Market Drivers

Growing Demand for Oil and Gas in Challenging Offshore and Remote Locations

The increasing global energy demand, coupled with the depletion of easily accessible oil and gas reserves, is driving the need for Extended Reach Drilling (ERD) technologies. As conventional onshore and shallow-water reservoirs decline, energy companies are forced to explore deeper and more complex reservoirs located in offshore, ultra-deepwater, and remote regions. ERD enables operators to access these reserves with fewer surface installations, reducing the need for multiple offshore platforms and minimizing environmental impact. The ability to drill longer horizontal wells allows energy companies to reach hydrocarbons located miles away from the drilling site, optimizing field development while reducing operational costs. The push for energy security by major economies is also a key factor propelling the ERD market. Countries such as the United States, Saudi Arabia, Russia, and China are actively investing in advanced drilling technologies to improve hydrocarbon extraction from challenging reservoirs, ensuring a stable energy supply. Additionally, offshore fields such as those in the North Sea, the Gulf of Mexico, and the South China Sea have significant reserves that require ERD to maximize recovery while reducing infrastructure costs.

The application of ERD is especially prominent in unconventional plays, such as shale gas and deepwater fields, where horizontal drilling is essential for optimizing production. Technological advancements in ERD, including improved wellbore stability, high-performance drilling fluids, and rotary steerable systems, have made it feasible to drill wells that extend beyond 12 kilometers in length. These improvements are helping oil and gas companies boost production efficiency while adhering to stringent environmental regulations. Furthermore, as energy companies prioritize cost reduction and operational efficiency, ERD offers a competitive advantage by allowing the extraction of hydrocarbons from reservoirs that were previously considered uneconomical. This trend is further supported by increased investments in digital drilling technologies, automation, and real-time monitoring systems, which enhance drilling accuracy and reduce risks. With rising global energy consumption and an increasing focus on maximizing the economic recovery of existing fields, the demand for ERD is expected to grow significantly in the coming years. Offshore oil production accounts for approximately 30% of global oil production. As of 2024, daily offshore production is estimated at over 30 million barrels per day (bpd), with continued growth expected due to increasing global energy needs and the development of untapped offshore fields.

Key Market Challenges

Technical Complexities and Operational Risks in Extended Reach Drilling (ERD)

Extended Reach Drilling (ERD) is a highly complex and technically demanding process that involves drilling wells at extreme horizontal distances while maintaining precise wellbore stability and trajectory control. One of the most significant challenges in the ERD market is the inherent operational risks and technical complexities associated with executing these long-reach wells. As the horizontal displacement of the well increases, factors such as torque, drag, hole cleaning, and wellbore stability become exponentially more difficult to manage. High torque and drag create substantial frictional forces that can hinder drill string movement, increasing the likelihood of mechanical failures or even stuck pipe incidents. To mitigate this, advanced lubricants, specialized drilling fluids, and high-performance rotary steerable systems (RSS) are required, adding to operational costs. Hole cleaning is another critical challenge, as cuttings removal becomes less efficient over long horizontal sections, increasing the risk of differential sticking, wellbore instability, and even costly sidetracks.

Casing and liner running operations in ERD wells present difficulties due to the increased risk of casing wear, buckling, and failures, which can compromise well integrity. The use of high-strength drill pipes, advanced bottom hole assemblies (BHAs), and real-time monitoring technologies are necessary to address these issues, but they significantly raise capital and operational expenditures. Moreover, accurate well trajectory control is paramount in ERD operations to ensure that the well reaches the target zone while minimizing tortuosity, which can lead to excessive drag and increase non-productive time (NPT). Achieving precise directional control requires highly skilled personnel, real-time downhole data acquisition, and sophisticated well planning techniques. Another technical challenge is the need for advanced pressure management strategies to prevent differential sticking, lost circulation, and wellbore ballooning, which can compromise well control. Given the harsh downhole conditions, equipment reliability is a major concern, as prolonged exposure to high-pressure, high-temperature (HPHT) environments can lead to premature tool failures.

Key Market Players

• Schlumberger Limited
• Baker Hughes Company
• Weatherford International Plc
• Halliburton Energy Services, Inc.,
• NOV Inc.
• TechnipFMC Plc
• Transocean Ltd.
• Valaris Limited
• Seadrill Limited
• Nabors Corporate Services, Inc.

Report Scope:

In this report, the Global Extended Reach Drilling Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Extended Reach Drilling Market, By Type:

• Shallow
• Intermediate
• Deep
• Ultradeep

Extended Reach Drilling Market, By Well Type:

• 3D Wells
• Deviated Wells
• Others

Extended Reach Drilling Market, By Technology:

• Rotary Steerable Systems
• Measurement While Drilling
• Logging While-Drilling

Extended Reach Drilling Market, By Application:

• Onshore
• Offshore

Extended Reach Drilling Market, By Region:

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait
  • Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Extended Reach Drilling Market.

Available Customizations:

Global Extended Reach Drilling Market report with the given Market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional Market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
• 1.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Formulation of the Scope
• 2.4. Assumptions and Limitations
• 2.5. Sources of Research
  • 2.5.1. Secondary Research
  • 2.5.2. Primary Research
• 2.6. Approach for the Market Study
  • 2.6.1. The Bottom-Up Approach
  • 2.6.2. The Top-Down Approach
• 2.7. Methodology Followed for Calculation of Market Size & Market Shares
• 2.8. Forecasting Methodology
  • 2.8.1. Data Triangulation & Validation

3. Executive Summary

4. Voice of Customer

5. Global Extended Reach Drilling Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Type (Shallow, Intermediate, Deep, and Ultradeep)
  • 5.2.2. By Well Type (3D Wells, Deviated Wells, Others)
  • 5.2.3. By Technology (Rotary Steerable Systems, Measurement While Drilling, Logging While-Drilling)
  • 5.2.4. By Application (Onshore, Offshore)
  • 5.2.5. By Region
• 5.3. By Company (2024)
• 5.4. Market Map

6. North America Extended Reach Drilling Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Type
  • 6.2.2. By Well Type
  • 6.2.3. By Technology
  • 6.2.4. By Application
  • 6.2.5. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Extended Reach Drilling Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Type
      • 6.3.1.2.2. By Well Type
      • 6.3.1.2.3. By Technology
      • 6.3.1.2.4. By Application
  • 6.3.2. Canada Extended Reach Drilling Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Type
      • 6.3.2.2.2. By Well Type
      • 6.3.2.2.3. By Technology
      • 6.3.2.2.4. By Application
  • 6.3.3. Mexico Extended Reach Drilling Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Type
      • 6.3.3.2.2. By Well Type
      • 6.3.3.2.3. By Technology
      • 6.3.3.2.4. By Application

7. Europe Extended Reach Drilling Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Type
  • 7.2.2. By Well Type
  • 7.2.3. By Technology
  • 7.2.4. By Application
  • 7.2.5. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Extended Reach Drilling Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Type
      • 7.3.1.2.2. By Well Type
      • 7.3.1.2.3. By Technology
      • 7.3.1.2.4. By Application
  • 7.3.2. United Kingdom Extended Reach Drilling Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Type
      • 7.3.2.2.2. By Well Type
      • 7.3.2.2.3. By Technology
      • 7.3.2.2.4. By Application
  • 7.3.3. Italy Extended Reach Drilling Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Type
      • 7.3.3.2.2. By Well Type
      • 7.3.3.2.3. By Technology
      • 7.3.3.2.4. By Application
  • 7.3.4. France Extended Reach Drilling Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Type
      • 7.3.4.2.2. By Well Type
      • 7.3.4.2.3. By Technology
      • 7.3.4.2.4. By Application
  • 7.3.5. Spain Extended Reach Drilling Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Type
      • 7.3.5.2.2. By Well Type
      • 7.3.5.2.3. By Technology
      • 7.3.5.2.4. By Application

8. Asia-Pacific Extended Reach Drilling Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Type
  • 8.2.2. By Well Type
  • 8.2.3. By Technology
  • 8.2.4. By Application
  • 8.2.5. By Country
• 8.3. Asia-Pacific: Country Analysis
  • 8.3.1. China Extended Reach Drilling Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Type
      • 8.3.1.2.2. By Well Type
      • 8.3.1.2.3. By Technology
      • 8.3.1.2.4. By Application
  • 8.3.2. India Extended Reach Drilling Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Type
      • 8.3.2.2.2. By Well Type
      • 8.3.2.2.3. By Technology
      • 8.3.2.2.4. By Application
  • 8.3.3. Japan Extended Reach Drilling Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Type
      • 8.3.3.2.2. By Well Type
      • 8.3.3.2.3. By Technology
      • 8.3.3.2.4. By Application
  • 8.3.4. South Korea Extended Reach Drilling Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Type
      • 8.3.4.2.2. By Well Type
      • 8.3.4.2.3. By Technology
      • 8.3.4.2.4. By Application
  • 8.3.5. Australia Extended Reach Drilling Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Type
      • 8.3.5.2.2. By Well Type
      • 8.3.5.2.3. By Technology
      • 8.3.5.2.4. By Application

9. South America Extended Reach Drilling Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Type
  • 9.2.2. By Well Type
  • 9.2.3. By Technology
  • 9.2.4. By Application
  • 9.2.5. By Country
• 9.3. South America: Country Analysis
  • 9.3.1. Brazil Extended Reach Drilling Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Type
      • 9.3.1.2.2. By Well Type
      • 9.3.1.2.3. By Technology
      • 9.3.1.2.4. By Application
  • 9.3.2. Argentina Extended Reach Drilling Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Type
      • 9.3.2.2.2. By Well Type
      • 9.3.2.2.3. By Technology
      • 9.3.2.2.4. By Application
  • 9.3.3. Colombia Extended Reach Drilling Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Type
      • 9.3.3.2.2. By Well Type
      • 9.3.3.2.3. By Technology
      • 9.3.3.2.4. By Application

10. Middle East and Africa Extended Reach Drilling Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Type
  • 10.2.2. By Well Type
  • 10.2.3. By Technology
  • 10.2.4. By Application
  • 10.2.5. By Country
• 10.3. Middle East and Africa: Country Analysis
  • 10.3.1. South Africa Extended Reach Drilling Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Type
      • 10.3.1.2.2. By Well Type
      • 10.3.1.2.3. By Technology
      • 10.3.1.2.4. By Application
  • 10.3.2. Saudi Arabia Extended Reach Drilling Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Type
      • 10.3.2.2.2. By Well Type
      • 10.3.2.2.3. By Technology
      • 10.3.2.2.4. By Application
  • 10.3.3. UAE Extended Reach Drilling Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Type
      • 10.3.3.2.2. By Well Type
      • 10.3.3.2.3. By Technology
      • 10.3.3.2.4. By Application
  • 10.3.4. Kuwait Extended Reach Drilling Market Outlook
    • 10.3.4.1. Market Size & Forecast
      • 10.3.4.1.1. By Value
    • 10.3.4.2. Market Share & Forecast
      • 10.3.4.2.1. By Type
      • 10.3.4.2.2. By Well Type
      • 10.3.4.2.3. By Technology
      • 10.3.4.2.4. By Application
  • 10.3.5. Turkey Extended Reach Drilling Market Outlook
    • 10.3.5.1. Market Size & Forecast
      • 10.3.5.1.1. By Value
    • 10.3.5.2. Market Share & Forecast
      • 10.3.5.2.1. By Type
      • 10.3.5.2.2. By Well Type
      • 10.3.5.2.3. By Technology
      • 10.3.5.2.4. By Application

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

13. Company Profiles

• 13.1. Schlumberger Limited
  • 13.1.1. Business Overview
  • 13.1.2. Key Revenue and Financials
  • 13.1.3. Recent Developments
  • 13.1.4. Key Personnel/Key Contact Person
  • 13.1.5. Key Product/Services Offered
• 13.2. Baker Hughes Company
  • 13.2.1. Business Overview
  • 13.2.2. Key Revenue and Financials
  • 13.2.3. Recent Developments
  • 13.2.4. Key Personnel/Key Contact Person
  • 13.2.5. Key Product/Services Offered
• 13.3. Weatherford International Plc
  • 13.3.1. Business Overview
  • 13.3.2. Key Revenue and Financials
  • 13.3.3. Recent Developments
  • 13.3.4. Key Personnel/Key Contact Person
  • 13.3.5. Key Product/Services Offered
• 13.4. Halliburton Energy Services, Inc.,
  • 13.4.1. Business Overview
  • 13.4.2. Key Revenue and Financials
  • 13.4.3. Recent Developments
  • 13.4.4. Key Personnel/Key Contact Person
  • 13.4.5. Key Product/Services Offered
• 13.5. NOV Inc.
  • 13.5.1. Business Overview
  • 13.5.2. Key Revenue and Financials
  • 13.5.3. Recent Developments
  • 13.5.4. Key Personnel/Key Contact Person
  • 13.5.5. Key Product/Services Offered
• 13.6. TechnipFMC Plc
  • 13.6.1. Business Overview
  • 13.6.2. Key Revenue and Financials
  • 13.6.3. Recent Developments
  • 13.6.4. Key Personnel/Key Contact Person
  • 13.6.5. Key Product/Services Offered
• 13.7. Transocean Ltd.
  • 13.7.1. Business Overview
  • 13.7.2. Key Revenue and Financials
  • 13.7.3. Recent Developments
  • 13.7.4. Key Personnel/Key Contact Person
  • 13.7.5. Key Product/Services Offered
• 13.8. Valaris Limited
  • 13.8.1. Business Overview
  • 13.8.2. Key Revenue and Financials
  • 13.8.3. Recent Developments
  • 13.8.4. Key Personnel/Key Contact Person
  • 13.8.5. Key Product/Services Offered
• 13.9. Seadrill Limited
  • 13.9.1. Business Overview
  • 13.9.2. Key Revenue and Financials
  • 13.9.3. Recent Developments
  • 13.9.4. Key Personnel/Key Contact Person
  • 13.9.5. Key Product/Services Offered
• 13.10. Nabors Corporate Services, Inc.
  • 13.10.1. Business Overview
  • 13.10.2. Key Revenue and Financials
  • 13.10.3. Recent Developments
  • 13.10.4. Key Personnel/Key Contact Person
  • 13.10.5. Key Product/Services Offered

14. Strategic Recommendations

15. About Us & Disclaimer