Indonesia Drilling Services Market (2025-2031) Outlook | Trends, Revenue, Forecast, Value, Growth, Share, Analysis, Companies, Industry & Size

Indonesia Drilling Services Market Synopsis

The drilling services market in Indonesia was valued at USD 262 million in 2025 and is estimated to reach USD 496 million by 2031, growing at a CAGR of 8.1% during the forecast period 2025-2031. This growth can be credited to increasing government initiatives towards enhancing oil & gas production along with rising investments from private companies operating within this industry segment across various regions of Indonesia such as Sumatra Island, Java Island, Kalimantan Island etc., which have further boosted revenue generation for existing players within this space over recent years .

Drivers of the Market

In the Indonesia Drilling Services Market, the exploration and development of the country`s natural resources play a crucial role. The mining and oil and gas industries drive demand for drilling services, particularly for exploration and extraction purposes. As global energy demands persist and mineral resources continue to be essential for economic growth, drilling services are essential to unlocking these valuable assets.

Challenges of the Market

The Indonesia Drilling Services Market has confronted a dual challenge of reduced demand due to the pandemic`s impact on construction and infrastructure projects, coupled with the need for stringent safety measures to ensure worker health. This has led to delays in project execution, increased costs related to health protocols, and a generally subdued demand for drilling services.

COVID-19 Impact on the Market

The Indonesia Drilling Services market also experienced setbacks, with a decline in demand for drilling services due to reduced construction and exploration activities. Travel restrictions and safety concerns hindered the movement of personnel and equipment, impacting the ability to carry out drilling projects effectively.

Key Players in the Market

The Indonesia Drilling Services market is experiencing steady demand, driven by the country`s growing oil and gas exploration activities and the development of geothermal resources. Key players in this segment include major oilfield services companies like PT. Elnusa Tbk, PT. Medco Energi Internasional Tbk, and PT. Schlumberger Indonesia. These companies offer a comprehensive range of drilling services, including directional drilling, wellbore cleaning, and mudlogging, catering to the requirements of the energy sector.

Key Highlights of the Report:

• Indonesia Drilling Services Market Outlook
• Market Size of Indonesia Drilling Services Market, 2024
• Forecast of Indonesia Drilling Services Market, 2031
• Historical Data and Forecast of Indonesia Drilling Services Revenues & Volume for the Period 2021-2031
• Indonesia Drilling Services Market Trend Evolution
• Indonesia Drilling Services Market Drivers and Challenges
• Indonesia Drilling Services Price Trends
• Indonesia Drilling Services Porter's Five Forces
• Indonesia Drilling Services Industry Life Cycle
• Historical Data and Forecast of Indonesia Drilling Services Market Revenues & Volume By Service for the Period 2021-2031
• Historical Data and Forecast of Indonesia Drilling Services Market Revenues & Volume By Directional Drilling for the Period 2021-2031
• Historical Data and Forecast of Indonesia Drilling Services Market Revenues & Volume By Non-Directional Drilling for the Period 2021-2031
• Historical Data and Forecast of Indonesia Drilling Services Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of Indonesia Drilling Services Market Revenues & Volume By Onshore for the Period 2021-2031
• Historical Data and Forecast of Indonesia Drilling Services Market Revenues & Volume By Offshore for the Period 2021-2031
• Historical Data and Forecast of Indonesia Drilling Services Market Revenues & Volume By End-User for the Period 2021-2031
• Historical Data and Forecast of Indonesia Drilling Services Market Revenues & Volume By Oil & Gas for the Period 2021-2031
• Historical Data and Forecast of Indonesia Drilling Services Market Revenues & Volume By Mining for the Period 2021-2031
• Historical Data and Forecast of Indonesia Drilling Services Market Revenues & Volume By Water Exploration for the Period 2021-2031
• Historical Data and Forecast of Indonesia Drilling Services Market Revenues & Volume By Others for the Period 2021-2031
• Indonesia Drilling Services Import Export Trade Statistics
• Market Opportunity Assessment By Service
• Market Opportunity Assessment By Application
• Market Opportunity Assessment By End-User
• Indonesia Drilling Services Top Companies Market Share
• Indonesia Drilling Services Competitive Benchmarking By Technical and Operational Parameters
• Indonesia Drilling Services Company Profiles
• Indonesia Drilling Services Key Strategic Recommendations