Managed Pressure Drilling Market Global Industry Analysis and Forecast, 2023-2030 Market Analysis
Managed pressure drilling (MPD) is an adaptive drilling process used to precisely control the annular pressure profile throughout the wellbore. It offers a closed-loop circulation system where pore pressure, bottom hole pressure, and formation fracture pressure are balanced and managed at the surface.
The global managed pressure drilling market is expected to grow USD 4,523.7...