Market Size (2016)
2016
$3.67B
Energy & Power
Managed Pressure Drilling Market
By Segment, By Region, And Segment Forecasts, 2016 – 2023
Vertical: EnPBase Year: 201710 Sections
Executive Summary
Managed Pressure Drilling Market — Snapshot
Projected (2023)
2023
$4.75B
CAGR (2016–2023)
3.7%
3.7%Key Players
109+
Managed pressure drilling is the process for deep offshore oil and gas wells in safer, more controlled, and more efficient way. As oil and gas exploration is a complicated process, it requires maximum supervision to avoid any collapse in casing and cementing. The main objective behind managed pressure drilling is to develop simulations in a controlled environment and draw appropriate conclusions.
Globally, half of the offshore projects are un-drillable due to the technical constraints. Moreover, drilling-related problems raise the issue of loss of circulation, stuck pipe, twisting off, kick/loss scenarios, which increase the cost of drilling in various projects. Managed pressure drilling (MPD) can decrease the possibility of these problems and help reduce nonproductive time. MPD involves several benefits such as drilling with narrow pressure window, avoid kick loss, reduced number of casing, improved rate of penetration, reduced nonproductive time, accurately managed mud programs, early identification of wellbore ballooning, and improved drilling efficiency. The market of MPD is growing because of the high technical advancement. For instance, Noble Corporation plc has awarded AFGlobal Corporation, a contract for integrated Deepwater MPD systems. The addition of MPS systems help provide competitive advantage with higher level of safety and performance in rigs.
The Managed pressure drilling market is anticipated to progress at 3.92% CAGR during the forecast period and is expected to touch the market size of USD 4,750.1 million by 2023. North America accounts for the largest market share of 47.50% and is very closely followed by Asia-Pacific with 27.65% and Europe with 16.10%.
The global market for managed pressure drilling is segmented on the basis of technology, tool, application, and regions. Based on the technology, the market is further classified into constant bottom hole pressure, mud cap drilling, dual gradient drilling, and return flow control drilling. On the basis of tool, global managed pressure drilling market is segmented into Rotating Control Device (RCD), Non-return Valves (NRV), and Choke Manifold Systems. On the basis of application, the segments taken into account are onshore and offshore.
Key Insight
The Managed Pressure Drilling Market market is projected to grow at a CAGR of 3.7% from 2016 to 2023.
Market Performance Trend
Historical performance and future projections (2020–2030, USD Billion)
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What this report covers
- Geographic Coverage: This analysis covers 5 regions: Asia Pacific, Europe, Middle East and Africa, South America, North America.
- Market Segmentation: The market is analyzed across 4 segments: Constant Bottom Hole Pressure, Dual Gradient Drilling, Mud Cap Drilling, Return Flow Control Drilling. Forecasts are provided for each segment from 2016 to 2023.
- Competitive Landscape: 109 leading companies are profiled, covering market positioning, strategies, and recent developments.
Market Size (USD Mn)
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View Subscription PlansMarket Overview
Managed Pressure Drilling Market — Growth Trajectory
Managed pressure drilling is the process used in oil and gas industry to precisely control the annular pressure throughout the wellbore. The objective behind the managed pressure drilling is to ascertain the downhole pressure limits and to manage the annular hydraulic pressure, accordingly. Additionally, MPD consciously avoids the influx of formation fluids to the surface. The application of MPD becomes vital in offshore wells for maintaining the wellbore integrity because of the pore pressure and fracture gradient curves.
Managed Pressure Drilling Market — Growth Trajectory
Constant Bottom Hole Pressure
Dual Gradient Drilling
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How this market is segmented
- Technology Technology is broken down into: Constant Bottom Hole Pressure, Dual Gradient Drilling, Mud Cap Drilling, Return Flow Control Drilling.
- Tool Tool is broken down into: Rotating Control Device, Non-return valve, Choke Manifold Systems.
- Application Application is broken down into: Offshore, Onshore.
Geographic Analysis
Regional market breakdown
- Asia Pacific Asia Pacific market size reached $1.02B in 2016 and is projected to reach $1.31B by 2023, growing at a CAGR of 3.7%.
- Europe Europe market size reached $591.50M in 2016 and is projected to reach $765.90M by 2023, growing at a CAGR of 3.8%.
- Middle East and Africa Middle East and Africa market size reached $132.90M in 2016 and is projected to reach $157.10M by 2023, growing at a CAGR of 2.4%.
- South America South America market size reached $192.00M in 2016 and is projected to reach $231.60M by 2023, growing at a CAGR of 2.7%.
- North America North America market size reached $1.74B in 2016 and is projected to reach $2.29B by 2023, growing at a CAGR of 4.0%.
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View Subscription PlansResearch Methodology
Managed Pressure Drilling Market — How We Researched This Market
This report applies a rigorous multi-stage research process combining primary interviews, secondary data sources, and bottom-up market modelling to ensure accuracy and completeness across all segments and geographies.
Base Year
2017
Historical Period
2016 – 2017
Forecast Period
2017 – 2023
Primary Interviews
150+
Research Process
Historical data (2016–2017) and forecast period (2017–2023)
1
Problem Definition
- Market scoping
- Objective setting
- Framework design
2
Secondary Research
- Literature review
- Data mining
- Trend analysis
3
Primary Research
- Expert interviews
- Field visits
- Surveys
4
Data Analysis
- Quantitative modeling
- Statistical testing
- Validation
5
Insights & Reporting
- Synthesis
- Recommendations
- Visualization
Research Depth
Our research process spans primary interviews with industry stakeholders combined with comprehensive secondary data analysis, validated through triangulation across multiple independent sources.
Historical vs. Forecast Data
Historical (observed)
Forecast (modelled)
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Regional Breakdown
Regional market breakdown for Managed Pressure Drilling Market.
Regional Market Size (USD Mn)
Market estimates by geography (2023)
USD Mn
InsightNorth America leads with $2.29B by 2023.
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View Subscription PlansRegional Market Data
| REGION | 2016 | 2017 | 2023 | CAGR | SHARE |
|---|---|---|---|---|---|
| Asia Pacific | $1.02B | $1.16B | $1.31B | 3.7% | 28% |
| Europe | $591.50M | $678.00M | $765.90M | 3.8% | 16% |
| Middle East and Africa | $132.90M | $144.60M | $157.10M | 2.4% | 3% |
| South America | $192.00M | $211.30M | $231.60M | 2.7% | 5% |
| North America | $1.74B | $2.01B | $2.29B | 4.0% | 48% |
| Total | $3.67B | $4.21B | $4.75B | 3.7% | 100% |
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View Subscription PlansSegment Revenue (2023)
Constant Bottom Hole Pressure
Dual Gradient Drilling
Mud Cap Drilling
Return Flow Control Drilling
0785157023543139
Segment Market Share
- Constant Bottom Hole Pressure60%
- Dual Gradient Drilling17%
- Mud Cap Drilling14%
- Return Flow Control Drilling9%
Total Market Size
$4.75B
Market by Segment (2023)
| APPLICATION | REVENUE ($B) | GROWTH RATE | MARKET PENETRATION |
|---|---|---|---|
| Constant Bottom Hole Pressure | $2.85B | 3.7% | 73% |
| Dual Gradient Drilling | $811.20M | 3.7% | 40% |
| Mud Cap Drilling | $677.90M | 3.7% | 54% |
| Return Flow Control Drilling | $407.60M | 3.7% | 53% |
* Revenue projections based on 2025 estimates. Growth rates represent CAGR 2024–2030. Market penetration indicates current adoption rate within addressable market segments.
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Analytics
Managed Pressure Drilling Market — Key Findings
Analytical insights on Managed Pressure Drilling Market covering market dynamics, competitive landscape, and strategic outlook.
Key Analytical Findings
The Managed Pressure Drilling Market market is projected to reach $4.75B by 2023, growing at 3.7% CAGR. The Constant Bottom Hole Pressure segment holds the largest share.
Market Dynamics
Global MPD market is expected to witness excellent growth during the forecast period with the changing trends of the oil and gas industry. Besides, there is a continuous rise in the number of drilling activities from the offshore locations, worldwide and the drilling operation in offshore locations require huge precautions related to well pressure management. Moreover, the upstream players are pouncing upon the asset acquisition of shale fields as shale is proven alternative for conventional crude oil. This has created opportunities for MPD service providers as fracturing process for shale rock drilling is a risky operation. Furthermore, the continuous developments in the oil drilling technologies are expected to create opportunities for the market.
Market Drivers
The global oil industry has been evolving very fast after the major downturn of 2014 oil price shock. There has been a global rise in demand for oil due to the increased demand from the emerging economies and industrialization. Moreover, the OPEC’s extended production cut has provided an opportunity to the national oil companies and independent players of upstream players to gain profit margins. This has directly enhanced the service quality of the oilfield service providers. According to a study preformed by rigzone the total count of offshore rigs in January 2018 was around 1,300. The regional breakdown of the offshore rig count is depicted below:
The total number of wells drilled in Canada in 2017 was 7,550 and according to the Petroleum Services Association of Canada, that the number of wells drilled is expected to reach up to 7,900 in 2018. Similarly, in 2017 the total number of wells drilled in the US had been estimated at 24,186, while according to World Oil, the number of wells is expected to increase up to 27,095 in 2018. Moreover, the rising offshore rig count is positively affecting the growth of MPD market. The upstream operators are focusing on offshore location at the farthest and the deepest areas to produce oil as the offshore locations are appropriate for maximum reserve optimization, meanwhile operators have their operations expanded at vast areas. Hydrocarbon exploration and production operators are focusing on expanding their production rate from the existing wells and by drilling new wells. Thus, MPD activities have been developing very fast in the offshore region. For instance, in 2017, offshore classification organization ABS awarded Seadrill’ West Capricorn drilling unit with MPD notation to support new drilling technologies and standards.
Furthermore, the continuous offshore rig count has been increasing gradually. In January 2018, the total offshore working rig count was 376. Gulf of Mexico and North Sea have been the hub of new discoveries for the oil and gas resources and major operators are competing to gain assets in these areas. This has raised investments in the offshore region. Since the deepwater and ultra-deepwater well drilling require MPD to maintain the optimum flow of production and to enhance the rate of penetration, the increasing discoveries have proven advantageous to MPD service providers. In March 2018, Shell and Chevron announced new discovery in Gulf of Mexico. More exploration activities are going on in Ballymore, North Platte, and Anchor region in the Gulf of Mexico. The current recovery of oil prices and the OPEC’s extended production cut leading to limited production bandwidth have increased the drilling operations in oil and gas wells, driving the MPD market.
Market Opportunities
Shale oil and gas drilling is growing aggressively, as in 2017, the shale gas production contributed to 47% of total natural gas production. For many countries that are targeting the emissions cut, use of shale fuel is an opportunity to strengthen the energy security, simultaneously reducing the dependency on the conventional fuels. Many nations are considering shale gas production as an excellent alternative to the natural gas production, for supporting the export requirement and bridging the demand and supply gap of natural gas. For an instance, according to EIA, monthly dry shale gas production from the US has been estimated to be 55 bcf, per day.
Extraction of shale poses various risks to the environment and involves the use of raw materials and technological assistance. For instance, hydraulic fracturing process for shale production requires a large amount of water. MPD technology, is a solution to the various operational difficulties in the shale production. Thus, the expanding shale production from emerging economies such as Argentina, China, India, South Africa, and Mexico leaves opportunities for shale production operators to implement MPD technology.
Market Restraints
MPD technology requires high technical skills to mitigate risks related to pore pressure, mud weight and losses, and low rate of penetration during the drilling operation. Moreover, it is suitable for deepwater wells and high-pressure high temperature wells. Underbalanced drilling is a major drilling technology that dominates the well drilling market. MPD technology requires higher investment in R&D and the adoption of the right technique since each technique has specific drilling purpose in a particular oil well. Moreover, the operating cost of MPD implementation in any oilfield are high enough to restrict the extensive use of technology. MPD technology that is supposed to avoid the unwanted well pressure that leads to losses, also involves high operational and technical complexity. While manual chokes have been the major form of controlling MPD operations since the introduction of MPD technology, it has been observed that the manual methods are better in cases when the operators’ skills and level of experience are enough for maintaining the artificial pressure conditions.
The use of MPD is prevalent in deepwater and ultradeep water drilling operations. However, the solution involves operational challenges associated with the automation of the process and data collection. This is expected to act as a restraint in the global MPD market during the forecast period.
Strategic Outlook and Future Directions
Near-term growth will likely concentrate in modular bioreactor lines and closed-system media workflows that shorten validation cycles while preserving batch traceability.
Partnerships between CDMOs and instrumentation vendors should accelerate standard datasets for comparability across sites, improving forecasting models used in capacity planning.
Longer horizon, organoid and microphysiological adoption may reshape segment mix; teams that invest early in assay interoperability and cloud QC hooks are better positioned to capture upside without fragmenting their analytics stack.
Market Value by Segment (2023)
Value (USD Mn)
Constant Bottom Hole Pressure
Dual Gradient Drilling
Mud Cap Drilling
Return Flow Control Drilling
Companies
Key companies profiled in Managed Pressure Drilling Market
Profiles of 109 companies operating in the Managed Pressure Drilling Market market, including revenue, employee count, and market positioning where available.
Showing 109 of 109 companies
Beyond Ene
Beyond Energy
Energy & Power
Company Headquarters: Alberta, US Founded: 2016 Company Working: Beyond Energy is an oilfield service company with innovative products to help it stand out in the market. Although the company is new, the staff and management have worked with MPD for many years in the field and have developed a new product offering for the company. The company offers services in all the aspects of MPD, including manufacturing, operating, maintenance and training, for its clients. The company develops all the components of the MPD system, which includes manifold building, nitrogen backpressure unit, big-b, flare stack, MPD walking system, Coriolis flow meter, gas meter, pressure relief valves, back pressure control systems, and MPD chokes. The company specializes in pressure and drilling fluids, and its MPD services can reduce the non-productive time of the operations and enhance safety in operations.
RevenueN/A
EmployeesN/A
Market CapN/A
Founded2015
Alberta, US
AFGlobal
AFGlobal
Energy & Power
Company Headquarters: Houston, Texas, US Founded: 1985 Company Working: AFGlobal is a manufacturing and technology specialist, which provides products and services to industries such as power generation, aerospace, general industrial and oil and gas. It operates through three business segments including onshore oil and gas, offshore oil and gas, and connectors and precision manufacturing. It has decades of experience in MPD and is enabling the manufacture of MPD ready rigs with the help of its workforce. It holds 351 patents for their MPD systems, which enables active control downhole pressure. AFGlobal has five product segments including drilling, production, pressure pumping, industrial and applied technologies. Under the drilling segment, it offers the following services: MPD, riser integrity, integrated riser system, and drilling buoyancy. It has more than 20 facilities worldwide, to fulfill its manufacturing, engineering and technological requirements, meant for improving the services and products.
RevenueN/A
EmployeesN/A
Market CapN/A
Founded1984
Houston, Texas, US
Oilserv
Oilserv
Energy & Power
Company Headquarters: Dubai, UAE Founded: 2006 Company Working: Oilserv is an oilfield service provider, which covers the lifecycle of oilfield services, from exploratory drilling to end-of-life field production. It operates through three business segments including well construction, well services, and surface production management. In the well construction segment, the company offers services including integrated oilfield services, cementing, open hole logging, directional drilling, mud logging, MPD, drilling and completion fluids, waste management, and solid controls. It offers technical solutions to operate and maintain client specific requirements through a strong supply chain system, with advanced capabilities and experience. The company mainly focuses on the markets of North Africa and the Middle East, with the aim to provide the best services in domestic markets.
RevenueN/A
EmployeesN/A
Market CapN/A
Founded2005
Dubai, UAE
Enhanced D
Enhanced Drilling Services
Energy & Power
Company Headquarters: Straume, Norway Founded: 2013 Company Working: Enhanced Drilling Services (EDS) provides drilling services and technology to the international oil and gas industry. EDS operates through three operational segments, which are enhanced drilling, cannseal and group/others. Cannseal technology is mainly used in mature oilfields to seal off the inflow of water and gas. The company offers a wide range of oilfield capabilities including MPD, dual gradient drilling, cementing, clean-up operations, safety enhancement technology, and mud removal technology. EDS has worked on more than 600 wells in its lifetime with its RMR and CTS technology. The company has offices and workshops in various countries including the UK, the US, Australia and Azerbaijan. Also, the company has workshop in Canada and an office in Malaysia.
Revenue$0.1B
EmployeesN/A
Market CapN/A
Founded2012
Straume, Norway
Ensign Ene
Ensign Energy Services
Energy & Power
Company Headquarters: Calgary, Canada Founded: 1987 Workforce: 8,500 (2016) Company Working: Ensign Energy Services is an oilfield service provider to the oil and gas industry and operates, globally. The company operates in Canada in the provinces of Alberta, British Columbia, Yukon, Manitoba, Saskatchewan, and Northwest Territories. In the US, it operates in the states of California, North Dakota, South Dakota, Pennsylvania, and New Mexico. Internationally, Ensign operates in countries such as Venezuela, Oman, Kurdistan, Argentina, and Australia. It offers a wide range of oilfield services including oil sands coring, drill and well servicing, underbalanced drilling, MPD, directional drilling, wireline services, production testing services, equipment rentals, and transportation. The company operates in many regions through its subsidiaries, some of them being Ensign Drilling Inc, Ensign Argentina S.A., Ensign de Venezuela C.A., Ensign Australia Pty Limited, Ensign International Energy Services LLC, Tristate (Barbados) Holdings Inc., Ensign United States Drilling Inc, and OFS Canada Inc.
Revenue$1.1B
Employees8,500
Market CapN/A
Founded1986
Calgary, Canada
Nabors Ind
Nabors Industries Ltd.
Energy & Power
Company Headquarters: Hamilton, Bermuda, UK Founded: 1952 Workforce: ~15,000 Company Working: Nabors Industries Ltd is one of the leading global drilling rig (offshore and onshore) fleet providers. It offers directional drilling services, innovative technologies, and performance tools for itself and third parties. The company is well positioned in the competitive market with its seamlessly integrated downhole hardware, equipment, and software solutions, which are required for designing rigs. It offers a variety of software solutions to its clients for drilling data analytics, RigCLOUD platform, equipment condition monitoring software, fuel management, and directional drilling. Additionally, in the equipment segment, the company offers automated surface equipment, downhole tools, and automated floor systems. Its rig instrumentation software systems help enhance drilling performance and wellbore placement. Nabors Industries Ltd has smart drilling techniques, which provide benefits such as real-time monitoring, user-friendly interface design, intelligent alarms, synchronized top drive operating data, and integration with other downhole technologies for streamlined management. Its overall smart well systems include wiring, sensing, and decoding devices that are integrated with the value chain. As a global player, the company is currently working with approximately 407 marketed rigs for land-based operations in the US and Canada and 23 other countries across the world. Nabors Industries Ltd. specializes in wellbore placement solutions and offers directional drilling and Measurement While Drilling (MWD) systems and services for clients all over the world.
Revenue$3.8B
Employees15,000
Market CapN/A
Founded1951
Hamilton, Bermuda, UK
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R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Managed Pressure Drilling Market
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$4,950