Impact of Environmental Regulations on the Directional Drilling Services Market

The directional drilling services market was estimated at USD 8.5 billion in 2021 and is likely to grow at a CAGR of 5.31% during 2022-2028 to reach USD 12.28 billion in 2028.

Directional drilling is a drilling technique that involves controlling the direction and deviation of a wellbore to a targeted location. Directional drilling allows the drilling of multiple wells from a single site and provides access to such oil and gas-producing zones that can’t be reached with normal vertical drilling practices.