The oilfield services industry includes all services associated with the exploration and production of oil and gas. This statitstic depicts the yearly demand forecast by segment from 2019 to 2023. It shows how Covid-19 influenced demand in 2020 compared to 2019. In 2020, total spending is expected to reach approximately 482 billion U.S. dollars, of which the maintenance and operations sector accounts for 167 billion U.S. dollars.
Oilfield service yearly demand forecast by segment worldwide from 2019 to 2023*
(in billion U.S. dollars)
Characteristic
Maintenance and operations
Well services and commodities
EPCI
Drilling contractors
Subsea
Seismic
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Offshore Magazine. (June 18, 2020). Oilfield service yearly demand forecast by segment worldwide from 2019 to 2023* (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1126854/oilfield-service-yearly-demand-worldwide-by-segment/
Offshore Magazine. "Oilfield service yearly demand forecast by segment worldwide from 2019 to 2023* (in billion U.S. dollars) ." Chart. June 18, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1126854/oilfield-service-yearly-demand-worldwide-by-segment/
Offshore Magazine. (2020). Oilfield service yearly demand forecast by segment worldwide from 2019 to 2023* (in billion U.S. dollars) . Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1126854/oilfield-service-yearly-demand-worldwide-by-segment/
Offshore Magazine. "Oilfield Service Yearly Demand Forecast by Segment Worldwide from 2019 to 2023* (in Billion U.S. Dollars) ." Statista, Statista Inc., 18 Jun 2020, https://www.statista.com/statistics/1126854/oilfield-service-yearly-demand-worldwide-by-segment/
Offshore Magazine, Oilfield service yearly demand forecast by segment worldwide from 2019 to 2023* (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1126854/oilfield-service-yearly-demand-worldwide-by-segment/ (last visited July 22, 2024)
Oilfield service yearly demand forecast by segment worldwide from 2019 to 2023* (in billion U.S. dollars) [Graph], Offshore Magazine, June 18, 2020. [Online]. Available: https://www.statista.com/statistics/1126854/oilfield-service-yearly-demand-worldwide-by-segment/