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There are xx businesses in the Oil & Gas Drilling Support Services industry in China, which is expected to grow at xx% over the next five years. The Oil and Gas Drilling Support Services industry provides support services for oil and gas mining companies. These services include directional drilling, drilling ahead, underground operations, oil testing, well testing, well logging, derrick erection, derrick repair and derrick removal. Oil and gas prospecting activities are not included in the industry.
Curious about what drives these trends? IBISWorld's Oil & Gas Drilling Support Services in China industry coverage has got you covered.
Total value (#) and annual change from 2012 – 2030.
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| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Oil & Gas Drilling in China |
|
XX% | XX% | $XX |
| Engineering Services in China |
|
XX% | XX% | $XX |
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There is 107 Oil & Gas Drilling Support Services in China businesses as of 2024, an increase of 2.9% from 2023.
The number of Oil & Gas Drilling Support Services in China businesses has grown 3.1% per year on average over the five years between 2019 and 2024.
See our full analysis of the Oil & Gas Drilling Support Services in China to understand if the mumber of bussinesses is expected to grow or decline over the next five years.
The Oil & Gas Drilling Support Services in China has low market share concentration and the largest business is China National Offshore Oil Corporation.