WFRD

The global market for Drilling Data Management Systems is projected to grow at a CAGR of 7.1% from 2023 to 2030, driven by the increasing complexity of drilling operations, the push for greater operational efficiency, and the growing emphasis on safety and environmental stewardship. Technological ad...

The global pump jack market is expected to grow from USD 3.50 billion in 2023 to USD 6.26 billion in 2033, driven by technological advancements and the increasing demand for energy. However, the transition to sustainable energy sources poses a challenge to the market's growth.

Weatherford International announced the acquisition of Datagration Solutions Inc., an innovator in unified data integration, analytics, and machine learning. The acquisition enhances Weatherford's digital offerings and capabilities in production and asset optimization, digital transformation, and su...

The global electric submersible pumps market is expected to grow from $13.1 billion in 2023 to $29.9 billion by 2033, driven by increasing demand for gas, oil, and water management across industries. The water & wastewater segment and bore well applications are expected to dominate the market.