Research and Markets: Global Wireline Services (Logging, Intervention & Completion) Market Report 2014 - 2020
27 August 2014 - 11:56PM
Business Wire
Research and Markets
(http://www.researchandmarkets.com/research/q3mf9q/global_wireline)
has announced the addition of the "Global Wireline Services Market"
report to their offering.
The global market for the wireline services market has a wide
area of application as these services are specifically used to run
the equipment into the down hole, after and before the completion.
The major drivers for the global wireline services market is the
increase in demand for oil and gas globally.
The oil field service companies accommodate the wireline
services to the exploration and production (E&P) companies of
oil & natural gas. There has been a continuous increase in the
exploration and production activities of oil & gas in finding
new areas of unconventional resources, which has immensely
bolstered the growth of the global wireline services market.
These wireline services are required by the oil and gas
industries for its entire lifecycle which includes exploration,
drilling, completion, stimulation, and intervention. The growth of
the wireline services market is directly proportional to the
drilling and completion activities around the world. Various other
factors such as geological condition and types of reservoir require
different types of wireline services which boosts the growth of the
global wireline services market. On the other hand, increased
investment in the exploration and production activities will act as
a market opportunity for the wireline services market.
Geographically, North America has the major market share for
global wireline services market. The strong research and
development practices in the North American region have helped the
market to grow. Also, the favorable regulations have helped the
North American market to propel to the level of market leader in
global wireline services market. However, the mature wireline
services market in this region is subjected to stiff competition.
The market for wireline services, in the remaining region, is
growing at a higher growth rate with exploration of new reserves
and oilfields creating growth prospects, especially, in the
Asia-Pacific and Middle-East regions.
Wireline Services Market: By Application
- Wireline Logging
- Wireline Intervention
- Wireline Completion
Companies Mentioned
- Aker Solutions
- Baker Hughes, Inc.
- C&J Energy Services, Inc.
- FMC Technologies
- Halliburton Company
- Nabors Industries, Ltd.
- National Oilwell Varco Incorporated
- Pioneer Energy Services Corp.
- Schlumberger Limited
- Superior Energy Services, Inc.
- Weatherford International, Ltd.
For more information visit
http://www.researchandmarkets.com/research/q3mf9q/global_wireline
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