Drill Pipe Market - Recent Developments And Technology Outlook
Drill Pipe Market Overview and Insights:
According to Introspective Market Research, Global Drill Pipe Market was valued at USD 1.24 Billion in 2021 and is expected to reach USD 1.70 Billion by the year 2028, at a CAGR of 4.6%
Drill pipe is used to transmit drilling fluid and torque to the drill bit during the drilling process. It provides the conduit for drilling mud to be pumped down through the drill string and back up the annulus, carrying the cuttings from the bottom of the well to the surface. Drill pipe is subject to rigorous inspection and maintenance procedures to ensure its integrity and reliability. Inspections may include visual checks, non-destructive testing (such as ultrasonic or electromagnetic inspection), and measurement of critical dimensions. drill pipe plays a crucial role in the drilling process, providing the conduit for drilling fluid and torque transmission necessary for drilling oil and gas wells efficiently and safely.
Who are the key players operating in the industry?
Drill Pipe International LLC. (US),Superior Drill Pipe Manufacturing Inc (US),DP Master Manufacturing Pte Ltd. (Singapore),RK Pipe LLC (US),TPS-Technitube Röhrenwerke (Germany),Oil Country Tubular Limited (India),Jiangyin Long Bright Drill Pipe Manufacture Co. Ltd. (China),Hilong Group (China),Tejas Tubular Products Inc. (US),Tenaris SA (Luxembourg),National Oilwell Varco (US),Workstrings International (US),Vallourec (France),Inter Drill Asia Ltd (India), and Other Major Players
Drill Pipe Market Overview and Insights:
According to Introspective Market Research, Global Drill Pipe Market was valued at USD 1.24 Billion in 2021 and is expected to reach USD 1.70 Billion by the year 2028, at a CAGR of 4.6%
Drill pipe is used to transmit drilling fluid and torque to the drill bit during the drilling process. It provides the conduit for drilling mud to be pumped down through the drill string and back up the annulus, carrying the cuttings from the bottom of the well to the surface. Drill pipe is subject to rigorous inspection and maintenance procedures to ensure its integrity and reliability. Inspections may include visual checks, non-destructive testing (such as ultrasonic or electromagnetic inspection), and measurement of critical dimensions. drill pipe plays a crucial role in the drilling process, providing the conduit for drilling fluid and torque transmission necessary for drilling oil and gas wells efficiently and safely.
Who are the key players operating in the industry?
Drill Pipe International LLC. (US),Superior Drill Pipe Manufacturing Inc (US),DP Master Manufacturing Pte Ltd. (Singapore),RK Pipe LLC (US),TPS-Technitube Röhrenwerke (Germany),Oil Country Tubular Limited (India),Jiangyin Long Bright Drill Pipe Manufacture Co. Ltd. (China),Hilong Group (China),Tejas Tubular Products Inc. (US),Tenaris SA (Luxembourg),National Oilwell Varco (US),Workstrings International (US),Vallourec (France),Inter Drill Asia Ltd (India), and Other Major Players
11:43 AM - Apr 05, 2024 (UTC)
