Oilfield Degasser Market Size, Share, and Industry Analysis, By Type (Vacuum Degasser and Atmospheric Degasser), By Application (Onshore and Offshore), and Regional Forecast, 2025-2032

Degassers are equipment utilized in the oil and gas industry to remove the entrained gas in drilling fluids to prevent and minimize the reduction of hydrostatic pressure. After the drilling fluids are separated from the large solids, air and gas trapped in the liquids need to be removed, which reduces the hydrostatic head of the drilling well. The use of a degasser can eliminate or minimize the loss of hydrostatic pressure. Degassers are used to remove methane, carbon dioxide, and hydrogen sulfide, among other gases. This increases safety at the oilfield by reducing the risk of gas explosions.

In recent times, the major players in the oil & gas industry are shifting deep and ultra-deepwater drilling from shallow-water drilling. With the increase in oil demand and prices, companies have significantly enhanced their operations and started investing in deep-water offshore drilling projects, which is expected to impact the oilfield degasser market positively.

• According to EIA's International Energy Outlook 2017, global production from developed and under-developed offshore projects is expected to reach 7.6 million b/d in 2025 and nearly 9 million b/d by 2040. In deep-water operations, investments have grown significantly. The majority of deep-water and ultra-deep-water production occurs in four major countries: Brazil, the U.S., Angola, and Norway. The U.S. and Brazil together account for over 70-80% of global ultra-deep-water production,

The COVID-19 pandemic caused an unprecedented drop in oil consumption and a substantial drop in natural gas consumption. Unexpected and dramatic reductions in oil and gas consumption caused by the pandemic drove oil and gas prices to low levels. Lower prices and uncertainty about demand dampened the investment in the oil and gas sector. Thus, the COVID-19 pandemic negatively impacted the oil degasser market.

KEY INSIGHTS

The report covers the following key insights:

• Recent Advancements in the Oilfield Degasser Market
• Key Industry Trends
• Regulatory Landscape for the Oilfield Degasser Market
• Key Industry Developments (Mergers, Acquisitions, and Partnerships)
• Impact of COVID-19 on the Market

SEGMENTATION

ANALYSIS BY TYPE

Based on type, the market is segmented into vacuum degasser & atmospheric degasser.

The vacuum degasser segment holds a significant share of the market and is the standard form of degassing systems used in the oil & gas industry. It is the first unit of solids control equipment arranged to treat drilling mud. Vacuum Degasser is used to remove the tiny entrained gas bubbles left in the mud by the mud gas separator. Atmospheric degassers are positioned in the same manner as vacuum degassers but accelerate drilling fluid onto a baffle, which allows gas to escape into the atmosphere. It is highly efficient equipment that removes gas from the gas-cut mud by accelerating the fluid through a submerged centrifugal pump's impeller.

ANALYSIS BY APPLICATION

Based on application, the global market for oilfield degasser is segmented into onshore and offshore.

In onshore oilfield drilling wells, a degasser plays a critical role in removing unwanted gases and incorporating various safety features to prevent gas leaks and ensure the safety of the operators and workers. Onshore degassers include gas detection systems, mechanisms for emergency shutdown, and proper ventilation to remove the released gases safely. For offshore drilling, a degasser serves a similar purpose as onshore drilling, along with additional features to tackle the environmental challenges of operating in offshore fields. Offshore degassers are compact and designed to tackle space constraints, operational challenges, and remote control in the harsh environment of offshore drilling wells.

REGIONAL ANALYSIS

The oilfield degasser market has been studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

The oilfield degasser market in North America has been driven by technological advancements and the presence of a significant number of oil and gas exploration activities, especially in regions, such as the Permian Basin, Montney and Duvernay formations, and others.

In Europe, the oilfield degasser market is expected to grow at a moderate rate owing to limited oil exploration activities and the shift toward sustainable energy sources. Oilfields in Europe are primarily in the North Sea region. In Asia Pacific, countries, such as China, India, and Australia are investing in onshore and offshore oil well projects to meet the increasing demand for energy. Moreover, countries and key players in the region are focusing on the exploration of unconventional resources such as shale gas and coalbed methane. These factors are driving the market growth.

In past decades, Latin America has also witnessed growth in the oilfield degasser market, driven by offshore exploration and production activities in the pre-salt reserves off the coast of Brazil and unconventional resource development in the Vaca Muerta formation in the Argentina region.

The Middle East & Africa region is widely known for abundant reserves of conventional oil and gas and is a significant supplier of crude oil and gas to the world. Countries in the region, such as UAE and Saudi Arabia, are focusing on increasing overall oil and gas production capacity, both onshore and offshore, and these aspects are driving the growth in the region.

KEY PLAYERS COVERED

The report includes profiles of key players, such as Fluid Systems, Inc., Schlumberger Ltd., GN Separation Equipment Co., Ltd, National Oilwell Varco Inc., GN Solids Control, Kapwell Limited, Jereh Oilfield Services Group Co. Ltd., Derrick Corporation, and Baker Hughes.

KEY INDUSTRY DEVELOPMENTS

• In October 2023, GN Separation Equipment Co., Ltd started new operations at its new factory in Yutian, China. It marks the initiation of new projects, the improvement of its manufacturing capabilities, and the enhancement of customer satisfaction.
• In January 2020, Rumaila Operating Organisation (ROO) invested over USD 12 Billion in the redevelopment of Iraq’s Rumaila oil field. The redevelopment includes field’s cluster pump stations along with the associated pipeline network and the water treatment plant in the oilfield. New vessels are installed to improve hydrocarbon separation and oil quality, and 14 degassing stations are being upgraded along with degassers already installed at the site.