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Global Well Completion Equipment Market 2017-2021

  • Published: Mar 2017
  • Pages: 70
  • SKU: IRTNTR11723
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Overview of the global well completion equipment market

According to Technavio’s analysts, the global well completion equipment market is anticipated to grow at a steady rate and post a CAGR of more than 2% during the forecast period. The growing number of global offshore oil production projects will drive the growth prospects for the global well completion equipment market until the end of 2021. One of the major factors responsible for the growing number of exploration of offshore reservoirs such as deepwater and ultra-deepwater is the reduction in the cost of exploration because of the slowdown in oil and gas industry. For instance, in 2015, an Israeli company discovered a massive oil reserve in the Golan Heights, which is ten times larger than the average oilfield across the world. Furthermore, it has been observed that a huge number of investments from nations with offshore projects are also increasing because of the deepwater oil and gas projects, which require a higher amount of investment and time.

Table of Contents

PART 01: Executive summary

PART 02: Scope of  the report

PART 03: Research Methodology

PART 04: Introduction

  • Key market highlights
  • Technology Overview

PART 05: Market landscape

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation  by application

  • Global well completion equipment market by application
  • Global well completion equipment market by onshore application
  • Global well completion equipment market by offshore application

PART 07: Market segmentation by product type

  • Global well completion equipment market by product type
  • Global well completion equipment market by production casing and tubing
  • Global well completion equipment market by well stimulation tools
  • Global well completion equipment market by well head equipment
  • Global well completion equipment market by packers

PART 08: Geographical segmentation

  • Global well completion equipment market by geography
  • Well completion equipment market in Americas
  • Well completion equipment market in APAC
  • Well completion equipment market in EMEA

PART 09: Market drivers

  • Growing number of global offshore production projects
  • Improvement of recovery rates in mature assets
  • Increasing efficient multistage fracturing systems
  • Expanding number of unconventional exploration and production
  • Migration of drilling into unconventional areas

PART 10: Impact of drivers

PART 11: Market challenges

  • Uncertainties associated with low crude oil prices
  • Hurdle of complexity in carbonate reservoirs
  • Difficulty in technology development for HPHT operations

PART 12: Impact of drivers and challenges

PART 13: Market trends

  • Increase in global natural gas production
  • Greater use of remote technology
  • Customized well completion systems

PART 14: Vendor landscape

  • Competitive scenario
  • Other prominent vendors

PART 15: Key vendor analysis

  • Baker Hughes
  • Halliburton
  • Schlumberger
  • Weatherford
  • Welltec

PART 16: Appendix

  • List of abbreviations

Tags: directional drilling, drilling tools, oil companies, oil drilling, energy market segmentation, oil and gas market size,

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