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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