Out of gas: The completion of major projects is forecast to negatively affect industry revenue

The Oil and Gas Field Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.


Industry Threats & Opportunities

  • Unprecedented investment has occurred in gas extraction and LNG production facilities
  • The completion and winding down of major projects has reduced revenue for major players
  • Increased regulation of unconventional extraction techniques will likely restrict demand

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    Industry Analysis & Industry Trends

    The Oil and Gas Field Services industry is expected to grow at an annualised 4.6% over the five years through 2017-18, to $8.0 billion. Unprecedented investment in gas extraction and LNG production facilities across northern Australia have shaped the industry's landscape over the period. Three large LNG facilities on Curtis Island, QLD, have been under construction over the past five years. These facilities are designed to service lucrative export markets in China and Japan. The construction of the Gorgon, Wheatstone and Prelude LNG plants in Western Australia, and the Ichthys LNG plant in the Northern Territory, have also driven industry revenue growth over the past five years...

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    What is the Oil and Gas Field Services industry?

    The Oil and Gas Field Services industry has a moderate level of concentration, as the four major players are estimated to account for just over 40% of industry revenue in 2017-18. Industry concentration grew significantly during the height of the mining investment boom, particularly in 2013-14 and 2014-15. Many large-scale engineering construction firms secured the lion's share of the major LNG developments, either individually or through joint-venture operations.

    Market share concentration has declined over the past five years. The three key LNG projects that were constructed at Curtis Island, QLD have all either moved into the production phase or are near completion. The...

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    Additional Insights for the Oil and Gas Field Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Oil and Gas Field Services Industry are

  • Ability to compete on tender
  • Effective cost controls
  • Ability to negotiate successfully with regulator
  • IBISWorld analysts also discuss how external factors such as Actual capital expenditure on mining and Demand from oil and gas extraction in the Oil and Gas Field Services industry impact industry performance..

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    Products & Brands

    Major products in this industry
    Construction services
    Site preparation services
    Plant management services
    Other services
    Examples of brands in this Industry
    CPB Contractors

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Actual capital expenditure on mining
  • Demand from oil and gas extraction
  • Demand from petroleum exploration
  • World price of crude oil
  • World price of natural gas

  • Current Performance
  • Major projects
  • Developments in extraction
  • Internal structure and employment
  • Chart: Revenue Growth

  • Industry Outlook
  • Upstream conditions
  • Profitability and participation
  • Regulatory environment
  • Table: Oil and Gas Field Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Oil and Gas Field Services Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Oil and Gas Extraction
  • Industrial Gas Manufacturing
  • Gas Supply
  • Pipeline Transport

  • Key Selling Industries
  • Construction Machinery and Operator Hire
  • Gravel and Sand Quarrying
  • Hardware Wholesaling
  • Machinery and Scaffolding Rental
  • Mining and Industrial Machinery Wholesaling
  • Site Preparation Services

  • Products & Services
  • Plant management services
  • Construction services
  • Other services
  • Site preparation services
  • Chart: Oil and Gas Field Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Onshore extraction and gas supply firms
  • Offshore extraction firms
  • Chart: Major Market Segmentation for the Oil and Gas Field Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Subcontractor and professional expenses
  • Wages
  • Depreciation
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Oil and Gas Field Services

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Oil and Gas Field Services Industry

  • Industry Globalization
    Major Companies
    CIMIC Group LimitedBechtel Australia Proprietary LimitedKBR Holdings Pty LtdWorleyParsons Limited
  • Table: CIMIC Group Limited - financial performance
  • Table: Bechtel Australia Proprietary Limited - financial performance
  • Table: KBR Holdings Pty Ltd - financial performance
  • Table: WorleyParsons Limited - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Oil and Gas Field Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Oil and Gas Field Services Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Coal Seam Gas (Csg)
  • A naturally occurring gas (typically methane) found in coal seams hundreds of metres below the surface and typically extracted using drilling and hydraulic fracturing.
  • Hydrocarbon
  • A type of organic chemical compound that naturally occurs in crude oil. Hydrocarbons can form methane and propane, among others.
  • Liquefied Natural Gas (Lng)
  • Natural gas that has been compressed into liquid form for transportation.
  • Lng Trains
  • Sites where LNG is compressed for cost-effective transportation in ships.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Oil and Gas Field Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Oil and Gas Field Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Oil and Gas Field Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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