Well Completion Equipment and Services Market 2018 - Industry GrowthPosted by Aman Jain on May 21st, 2019 Well completion is the process of making oil and gas well capable of production after drilling is accomplished to signified depth. It comprises entire completion processes, which include running the production tubing, setting the downhole tools, and numerous other operations, which are carried out for making the well ready for production. Furthermore, the process of stimulation to improve the productivity of a well is also involved in well completion operation.Global Well Download PDF Brochure: https://www.coherentmarketinsights.com/insight/request-pdf/1282 Completion Equipment and Services Market Taxonomy Global Well Completion Equipment and Services market is segmented into: By Equipment
Packers hold the largest market share in the well completion equipment and services market as it provides numerous services such as zonal isolation, seal between inside of the casing and production tubing, wellbore wall, and other services. In 2017, TAM International Inc. an oilfield services company introduced casing annulus packers with the Deadbolt valve system, which is designed to run in harsh environments. Onshore segment dominated the global well completion equipment and services market. According to U.S. Energy Information Administration, in 2015 the Global onshore crude oil production was 71% and that of offshore was 29%. However, offshore oilfield activities are projected to be the fastest growing segment, owing to growing offshore exploration and production activities in deep and ultra-deep waters. Request for customization: https://www.coherentmarketinsights.com/insight/request-customization/1282 Global Well Completion Equipment and Services Market Outlook
The major players in well completion equipment and services include Halliburton Company, Schlumberger Ltd., Baker Hughes, Inc., Weatherford International Plc, National Oilwell Varco, Inc., Superior Energy Services, Nabors Industries Ltd., Trican Well Service Ltd., and Packers Plus Energy Services. About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysisthrough various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Like it? Share it!More by this author |