Visiongain Publishes Global Well Intervention Market 2019-2029 Report
LONDON, Feb. 5, 2020 /PRNewswire/ -- Analysis by Services (Artificial Lift, Logging & Bottomhole Survey, Tubing/Packer Failure & Repair, Remedial Cementing, Stimulation, Zonal Isolation, Sand Control, Fishing, Others), by Type (Heavy, Medium and Light), by Application (Onshore & Offshore), Company and Country Analysis and Forecasts
Market Definition:
• Well Intervention is a process carried out for extending life of all oil and gas wells. At some point in the life of producing wells, parts will require repair, maintenance or replacement.
• The interventions fall into various categories-light, medium or heavy. While performing light interventions, technicians' lower sensors or tools into a live well while pressure is contained at the surface, however in heavy interventions the rig crew may stop production before making major equipment changes.
Market Overview and Trends
• In September 2018, Halliburton launched the next-generation wireline logging sensor as Xaminar Magnetic Resonance (XMR) to improve reservoir insights.
• In September 2018, Schlumberger launched the CemFIT Shield mud-sealing cementing system, which is a zonal isolation technology. The technology helps in reducing the risk of fracturing fluid migration between the zones.
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Market Dynamics:
Factors Influencing the Market Growth:
• Rise in global energy demand
• Reactivation of mature oilfields
• Increase in oil & gas production
Factors Restraining the Market Growth:
• Stringent government regulations on energy and power activities
• Rise in focus on renewable energy
To find out more about this report please contact Sara Peerun at sara.peerun@visiongain.com or refer to our website: https://www.visiongain.com/report/global-well-intervention-market-report-2019-2029/
Market Segmentation 2019-2029:
Services
• Artificial Lift Market, 2019-2029
• Logging & Bottomhole Survey Market, 2019-2029
• Tubing/Packer Failure & Repair Market, 2019-2029
• Remedial Cementing Market, 2019-2029
• Stimulation Market, 2019-2029
• Zonal Isolation Market, 2019-2029
• Sand Control Market, 2019-2029
• Fishing Market, 2019-2029
• Others Market, 2019-2029
Type
• Heavy Market, 2019-2029
• Medium Market, 2019-2029
• Light Market, 2019-2029
Application
• Onshore Market, 2019-2029
• Offshore Market, 2019-2029
Geographic breakdown
Focused regional forecasts and analysis explore the future opportunities:
• North America Market, 2019-2029
• Latin America Market, 2019-2029
• Europe Market, 2019-2029
• Asia-Pacific Market, 2019-2029
• Middle East and Africa Market, 2019-2029
Competitive Analysis:
• Companies are actively engaged in different developmental strategies such as product development, agreement and acquisition in order to improve and increase their foothold in the global well Intervention market.
Did you know that we also offer a report add-on service? Email sara.peerun@visiongain.com to discuss any customized research needs you may have.
Companies covered in the report include:
Altus Intervention
Anton Oilfield Services
Archer
Baker Hughes, A GE Company
Bilco Tools
C&J Energy Services, Inc.
Excalibre Downhole Tools
Expro Group
Halliburton
Oilserv
Saint Gobain
Schlumberger Limited
Schoeller Bleckmann Oilfield Equipment AG.
Superior Energy Services, Inc.
Trican
United Drilling Tools
Weatherford
Welltec
Wenzel Downhole Tools
To discuss this report please e-mail Sara Peerun on sara.peerun@visiongain.com
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