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Drill Collars Market in Middle East Grows at 13% CAGR to 2019 Forecasts in New Research Report

(ARABNEWSWIRE.COM, May 26, 2015 ) Dallas, TX, Doha, Qatar -- Drill collars are an essential part of the drill string. They form the lowest component of the drill string. Drill collars are heavy, thick-walled steel pipes with threaded connections at both ends. The end with an external thread is known as the male end, whereas the end with an internal thread is known as the female end. The basic purpose of a drill collar is to provide the necessary weight for drilling purposes. Drill collars are machined out of solid steel bars as per API specifications. They are manufactured from standard steel (usually plain carbon steel) or a non-magnetic alloy of steel and copper or other non-magnetic alloys. The bars of solid steel are bored from one end to the other to provide passage for drilling fluids. There are usually two types of drill collar: slick and spiral. Standard drill collars are about 9 meters in length. Drill collars are characterized by high tensile strength and fatigue resistance. The various uses of drill collars are:



To provide necessary weight to the drill bit

To protect the drill string from buckling forces

To provide a pendulum effect to maintain the vertical trajectory of the well

To stabilize the drill bit to increase the drilling efficiency

To help maintain hole size integrity



The analysts forecast drill collar market in the Middle East to grow at a CAGR of 13.19% over the period 2014-2019.



Covered in this Report



The drill collar market in the Middle East is segmented as follows:



Design: Slick and spiral

Raw materials: Standard steel drill collar and non-magnetic alloy drill collar



The report, Drill Collar Market in the Middle East 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the drill collar market in Middle East forecast and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.



Key Vendors



Halliburton

Hunting

Schlumberger

Tasman Oil Tools

Vallourec

Weatherford International





Purchase a Report Copy at

http://www.sandlerresearch.org/purchase?rname=37568



Other Prominent Vendors



ACE

Aliron Tool Research

Challenger International

Command Energy Services

Downhole Oil Tools

Global Drilling Solutions

National Oilwell Varco

Workstrings International



Market Driver



Increased Demand for Oil and Gas Globally





Inquire before Buying at http://www.sandlerresearch.org/inquire-before-buying?rname=37568





Market Challenge



Increase in Geopolitical Issues



Market Trend



Advances in Technology



Key Questions Answered in this Report



What will the market size be in 2019 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?





Inquire for Discount at http://www.sandlerresearch.org/discount?rname=37568



About Us:

RnRMarketResearch.com is an online database of market research reports offer in-depth analysis of over 5000 market segments. The library has syndicated reports by leading market research publishers across the globe and also offer customized market research reports for multiple industries.



deepresearchreport

Ritesh Tiwari

+ 1 888 391 5441

sales@deepresearchreport.com

Source: EmailWire.Com

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