Use of Rotary Steerable Systems Continues to Increase in North America Land

North America land oil & gas operators report use of rotary steerable systems growing in recent years from approximately 20% of the wells drilled in 2016 to 28% of the wells drilled in 2019. This represents a significant opportunity for growth in this drilling technology.

Use of rotary steerable systems has historically been high among offshore operators and used for drilling in approximately 70% to 80% of the offshore wells drilled worldwide.

These findings are based on personal interviews with 335 drilling engineers and managers worldwide representing over 200 different E&P operators.

North America land operators also report the need to further improve the reliability of the rotary steerable systems followed by improvements in the cost and steerability/build up rates.

In addition to increased use of rotary steerable systems in North America, several suppliers have introduced new RSS systems including the iCruise from Halliburton, Magnus from Weatherford and HALO from Scientific Drilling. In a market that has largely been served by Baker Hughes GE and Schlumberger, it will be important to track both the adoption and use of rotary steerable systems in North America and the increase market penetration of the new systems recently introduced.

Kimberlite Research will continue to track operator’s increased use of rotary steerable systems and the performance of the new systems recently introduced by Halliburton, Weatherford and Scientific Drilling.

If you have any questions, please don't hesitate to reach out to us.

Featured Posts
Recent Posts
Search By Tags
Follow Us
  • Facebook Basic Square
  • Twitter Basic Square



Copyright © Kimberlite LLC. All Rights Reserved

  • LinkedIn Social Icon
  • Twitter Social Icon