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The scenario of the market of drilling in India is not quite positive in context to the world. Market of oil and gas drilling and exploration in India still needs to go a long way. As far as the top drilling companies are concerned, the overall market situation is making it quite difficult for them to make their growth a continuous process. However, as per to the Indian economy and also according to the public view, the top 15 drilling companies in India are:
1. Oil and Natural Gas Corporation Limited
Being incorporated in the year 1956, Oil and Natural Gas Corporation Ltd (ONGC) is one of the largest companies involved in exploration and production of oil and gas in Asia. ONGC produces about 77% of the crude oil and 81% of the natural gas of the total amount that is produced in India. It also has a world class reputation.
GAIL India Limited is divided into six segments including natural gas trading, petrochemicals, transmission of natural gas and liquefied petroleum gas, (LPG), and Liquid hydrocarbons and Others. In gas transmission and marketing, it has emerged as one of the leading companies of India. It was set up in 1984.
3. Petronet LNG
Petronet LNG Limited, established in the year 1997, is involved in degasification and import of liquefied natural gas and supplying it to Indian Oil Corporation Limited, GAIL, Bharat Petroleum Corporation Limited and others.
4. Jindal Drilling
Jindal Drilling and Industries Ltd are incorporated in and is an ISO registered company serving the realm of drilling industry from the year 1983. The company’s diversified sectors of services consists of drilling, manufacturing of pipes, offshore drilling, mud Logging and others.
5. Shiv Vani Oil
It is one of the largest private companies in this sector in India. Starting from 1989 and operating basically from New Delhi and across all over India and Middle-East, the company serves with onshore integrated exploration and production; 2D and 3D transit zone and land seismic surveys; E&P services like well drilling, extraction of methane gas from coal beds; and work over operations. It’s also provides with stimulation, directional drilling, cementing, logging, mud engineering, and logistics.
6. Aban Offshore
India's largest private offshore drilling contractor, Aban Offshore, provides high quality services in oil and gas production and drilling in India as well as the world.
7. Dolphin Offshore
Dolphin Offshore Enterprises, an ISO certified company, was set up in 1979. It is a provider of underwater services to the oil and gas industry of India. It provides with marine and sub-sea services and also serves as EPC contractor.
IGL- Indra Prastha Gas Ltd., starting its business from 1988, serves the drilling industry of India with supply of reliable, safe and convenient natural gas for commercial and domestic purpose.
9. Deep Industries
Deep Industries Limited involves in services like oil and gas exploration, production and drilling. They serve some of the top companies like ONGC, GACL, CPCL, Assam gas, GSPL since the year 1991.
10. Hindustan Oil
HOEC, incorporated in 1983, is one of the leading oil and gas exploration and Production Company in India. The Company contributes in oil and gas exploration and production in the nine oil and gas fields of India including exploration, production and development of oil and gas.
11. Reliance Industries
Reliance Industries, just like in all other business segments of Reliance Group, leads the scenario of Indian oil and gas market providing services with explosion, production of oil and natural gas.
12. Cairn India
Cairn India was established in 2006. It has its headquarters in Mumbai, though it has 10 blocks operating in the field of exploration and production of oil and gas. The company came into existence in 2007. Cairn India has blocks in Rajasthan and eastern and western India.
13. Hindustan Oil
Hindustan Oil Exploration Company, located in Gujarat, produces and explores natural gas and hydrocarbons crude oil; provides geophysical and geological services concerned with exploration of natural gas, oil etc.It was founded in 1983.
14. Gujrat State Petronet
Gujarat State Petronet Limited, being incorporated in 1998, serves in areas like transportation of natural gas, selling electricity generated by windmills. Gas Transportation and Windmill are the two segments the Company operates in.
15. Alphageo India
Alphageo India provides seismic survey services. It came into existence in 1987 in Hyderabad. It was the first Indian private company for offering seismic operations in India. Till date it’s the only Indian geophysical company that provides quality services on acquisition, interpretation and processing of land seismic data.