North America Drilling Waste Management Market - By Service (Solid Control, Containment & Handling, Treatment & Disposal), By Application (Onshore, Offshore), Growth Forecast 2024 – 2032

North America Drilling Waste Management Market Size

North America drilling waste management market was valued at USD 1.8 billion in 2023 and will continue to rise with CAGR of 8.9% from 2024 to 2032. Increasing demand for efficient and sustainable waste disposal solutions in oil and gas industry along with technological advancements in waste treatment processes, including centrifugation and thermal treatment, are enhancing industry's capabilities to handle drilling waste effectively.
 

Additionally, market players are collaborating to provide comprehensive services ranging from waste collection to treatment and disposal. For instance, in March 2024, Clean Harbors, Inc. has completed its USD 400 million cash acquisition of HEPACO from Gryphon Investors, strengthening its environmental and emergency response services in the Eastern United States.
 

Stricter environmental regulations regarding drilling waste disposal and treatment drive the adoption of advanced waste management solutions as companies operating in the region are obliged to regulations set by agencies such as the Environmental Protection Agency (EPA) and state regulatory bodies. Furthermore, growing emphasis on sustainability and corporate social responsibility encourages the adoption of eco-friendly waste management solutions.
 

North America Drilling Waste Management Market Trends

Increasing adoption of digital technologies and data analytics to optimize waste management processes are the prime driving forces bolstering the drilling waste management activities across the region. Growing emphasis on circular economy principles, with a focus on recycling and reusing drilling waste materials is on rise. Increasingly, collaborations among oil and gas companies and waste management firms, are driving innovation and creation of integrated waste management solutions.

For instance, in February 2020, NOV collaborated with “The Beast," to develop 12-module rig using 3D modelling, capable of drilling longest laterals globally from a single well pad while maintaining a small footprint. This advanced rig has set a new standard for efficient and technologically advanced drilling solutions.
 

North America Drilling Waste Management Market Analysis

Based on services, the market is categorized into solid control, containment & handling, treatment & disposal. This is dominated by the treatment & disposal services which is projected to surpass USD 2.3 billion by 2032. Stringent environmental regulations requiring proper treatment and disposal of drilling waste to minimize ecological impact, making specialized services essential for compliance is driving the service industry. Also, these services provide comprehensive solutions, including on-site treatment, transportation, and final disposal, ensuring convenience and efficiency for clients.
 

Application segment is divided between offshore and onshore sectors, where offshore application will grow with a CAGR of over 9% by 2032. The offshore operations generate more waste due to their complexity, leading to greater demand for specialized waste management services in this sector. As these are in environmentally sensitive areas which necessitates meticulous waste management to minimize ecological impact, in compliance with stringent regulations, the application industry will gain a higher potential growth in the region down the line.
 

U.S. dominates the regional market and is projected to reach over USD 2.5 billion by 2032. Country has one of the largest oil and gas industries globally, with extensive drilling activities both onshore and offshore which results in a significant volume of waste generated, driving demand for waste management services. Additionally, it has a well-established regulatory framework governing waste disposal, which mandates the proper treatment and disposal of drilling waste. Furthermore, presence of numerous oil and gas companies, along with a strong ecosystem of waste management firms and technology providers, further bolsters the market.
 

North America Drilling Waste Management Market Share

The market caters several key players including Schlumberger Limited, which holds a considerable portion of the market due to its extensive experience, broad range of waste management services, and advanced technologies. Schlumberger's comprehensive drilling waste management solutions help customers address environmental concerns, comply with regulations, and optimize operations.
 

North America Drilling Waste Management Market Companies

Some of the key market players operating across the industry includes:

• Baker Hughes
• Bowron Environmental Group Ltd
• CLEAN HARBORS, INC.
• Clear Environmental Solutions
• Collective Waste Solutions Inc.
• Derrick Equipment Company
• GN Solids Control
• Halliburton
• Imdex Limited
• NOV Inc.
• Newpark Resources Inc.
• Ridgeline Canada Inc.
• SELECT WATER SOLUTIONS.
• Secure Energy Services, Inc.
• Schlumberger Limited
• Soli-Bond, Inc.
• TWMA
• Weatherford International
   

North America Drilling Waste Management Industry News

• In February 2024, Secure Energy Services Inc. closed the USD 1.075 billion sale of Tervita Corporation's former facilities to Waste Connections, Inc. The transaction is expected to boost shareholder value and reinforce Secure Energy's leadership in waste management and energy infrastructure.
   
• In December 2023, GN Solids America introduced a packaged drilling waste management system designed specifically for European customers. The system, comprising various essential components, aims to address the drilling waste management needs of the region while strengthening GN Solids America's market presence and competitiveness within Europe. This innovative solution combines efficient waste management with cost savings, aligning with the industry's growing focus on environmental responsibility and sustainable practices.
   

North America drilling waste management market research report includes an in–depth coverage of the industry with estimates & forecast in terms of revenue in ‘USD Million’ from 2021 to 2032, for the following segments:

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Market, By Service, 2021 to 2032, (USD Million)

• Solid Control
• Containment & handling
• Treatment & Disposal
• Others

Market, By Application, 2021 to 2032, (USD Million)

• Onshore
• Offshore

The above information has been provided for the following countries:

• North America
  • U.S.
  • Canada
  • Mexico