The Underbalanced Drilling market has experienced significant growth driven by the need for enhanced oil recovery and reduced formation damage. In 2022, the global market reached USD 3.1 billion, up from USD 2.1 billion in 2018, reflecting a CAGR of 9.6%. North America dominated with 42% market share, while the Middle East and Asia-Pacific recorded the fastest growth at 11.2% CAGR, driven...