United States well intervention services
market is expected to grow at a substantial rate during the forecast period.
The primary factors responsible for the growth of United States well
intervention service market include increased oil & gas production coupled
with revival of mature oilfields. Moreover, increasing investments in the
upstream sector coupled with constant shale improvements are the other reasons
which are expected to drive the United States well intervention services market
in the coming years.
The United States well intervention
services market is segmented based on intervention type, service, application,
region and company. Based on application, the market can be bifurcated into Onshore and Offshore. The offshore
segment is expected to grow at the fastest rate during the forecast period due
to availability of many subsea wells and easy mobility on offshore rigs. Offshore
drilling is done under the ocean and includes pre-salt and deep-water drilling.
Drilling operations are expected to increase in the upcoming years on account
of new oilfield discoveries in deepwater and ultra-deepwater offshore locations.
Moreover, rising deepwater drilling and production activities in the United
States, supported by government policies are anticipated to positively
influence the growth of this segment over the coming years.
The major players operating in the
United States well intervention services market are Baker Hughes Incorporated, Schlumberger
Limited, Basic Energy Services, Inc, Halliburton Company, Weatherford
International plc, GE Oil & Gas, National Oilwell Varco, Superior Energy
Services, Inc, among others. Major companies are developing advanced services
in order to stay competitive in the market. Other competitive strategies
include mergers & acquisitions in order to increase their customer bases
and expand their geographic reach.
Years
considered for this report:
Historical Years: 2014–2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020–2024
Objective of the Study:
- To analyze and forecast the market size of United States well
intervention services market.
- To classify and forecast United States well intervention services market
based on intervention type, service, application, company and regional
distribution.
- To identify drivers and challenges for United States well intervention
services market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in United States well
intervention services market.
- To identify and analyze the profile of leading players operating in
United States well intervention services market.
Click here to download the sample
TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of service providers across the country. Subsequently, TechSci Research
conducted primary research surveys with the identified companies. While
interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the service providers which
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the service providers, distribution channels and presence of all
major players across the country.
TechSci
Research calculated the market size of United States well intervention services market by using a
bottom-up approach, wherein data for various end-user segments was recorded and
forecast for the future years. TechSci Research sourced these values from the
industry experts and company representatives and externally validated through
analyzing historical data of these product types and applications for getting
an appropriate, overall market size. Various secondary sources such as company
websites, news articles, press releases, company annual reports, investor
presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Well intervention service providers
- Market research and consulting firms
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums and alliances related to
well intervention services
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as service
providers and partners, end users, etc., besides allowing them in strategizing
investments and capitalizing on market opportunities.
Report Scope:
In this report, United States well
intervention services market has been segmented into following categories,
in addition to the industry trends which have also been detailed below:
- Market, By Intervention Type:
- Market, By Service:
- Logging
& Bottom hole Survey
- Tubing
& Packer Failure & Repair
- Stimulation
- Remedial
Cementing
- Zonal
Isolation
- Sand
Control
- Artificial
Lift
- Market, By Application:
o
Onshore
o
Offshore
o
West
o
Northeast
o
Midwest
o
South
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in United States well intervention services market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
It is an upcoming report to
be released soon. If you wish an early delivery of this report or want to
confirm the date of release, please contact us at sales@techsciresearch.com
In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com