| Product Code: ETC9971886 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the United States continued to rely on key oil and gas drilling import shipments from countries such as Colombia, Canada, Greece, Spain, and Argentina. Despite the high Herfindahl-Hirschman Index (HHI) indicating concentration in the market, the industry saw a significant decline in Compound Annual Growth Rate (CAGR) at -25.71% from 2020 to 2024. However, there was a slight uptick in growth from 2023 to 2024, with a rate of 5.03%, suggesting some positive momentum in the sector. The import dynamics and concentration levels in the US oil and gas drilling market are worth monitoring for future developments.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United States (US) Oil And Gas Drilling Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Oil And Gas Drilling Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Oil And Gas Drilling Market - Industry Life Cycle |
3.4 United States (US) Oil And Gas Drilling Market - Porter's Five Forces |
3.5 United States (US) Oil And Gas Drilling Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 United States (US) Oil And Gas Drilling Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing global energy demand |
4.2.2 Technological advancements in drilling techniques |
4.2.3 Favorable government policies supporting oil and gas exploration |
4.3 Market Restraints |
4.3.1 Fluctuating oil and gas prices |
4.3.2 Environmental concerns and regulations |
4.3.3 Competition from alternative energy sources |
5 United States (US) Oil And Gas Drilling Market Trends |
6 United States (US) Oil And Gas Drilling Market, By Types |
6.1 United States (US) Oil And Gas Drilling Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Oil And Gas Drilling Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 United States (US) Oil And Gas Drilling Market Revenues & Volume, By Offshore, 2021- 2031F |
6.1.4 United States (US) Oil And Gas Drilling Market Revenues & Volume, By Onshore, 2021- 2031F |
7 United States (US) Oil And Gas Drilling Market Import-Export Trade Statistics |
7.1 United States (US) Oil And Gas Drilling Market Export to Major Countries |
7.2 United States (US) Oil And Gas Drilling Market Imports from Major Countries |
8 United States (US) Oil And Gas Drilling Market Key Performance Indicators |
8.1 Rig utilization rate |
8.2 Average drilling depth |
8.3 Number of active drilling rigs |
8.4 Exploration and production (EP) spending |
8.5 Number of new drilling permits issued |
9 United States (US) Oil And Gas Drilling Market - Opportunity Assessment |
9.1 United States (US) Oil And Gas Drilling Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United States (US) Oil And Gas Drilling Market - Competitive Landscape |
10.1 United States (US) Oil And Gas Drilling Market Revenue Share, By Companies, 2024 |
10.2 United States (US) Oil And Gas Drilling Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |