NEW YORK, March 5, 2015 /PRNewswire/ -- This report
estimates the well testing market in terms of value in $million.
This has been broken down into component regions and further split
into countries.
The oil & gas industry witnesses high number of the E&P
activities every year which is undertaken to meet the growing
global energy demand. Well test is an essential part of the well
lifecycle and is used on the exploration, appraisal, and
development phases. It provides crucial information about the
condition of the well such as fluid properties. Furthermore, the
increase in the supply of oil &gas from the large petroleum
producing regions, such as the Middle
East and North America, has
exceeded the demand which has resulted in the sudden decline of oil
prices during the end of 2014.
Well testing also allows the operator to understand the reservoir
better by providing well parameters, such as temperature and
pressure, under dynamic conditions.
The size of the overall market is determined by forecasting
techniques based region-wise well count of both producing wells as
well as the new wells that were drilled in different geographical
regions which are validated through primary sources. The market is
growing at a CAGR of approximately 6.1 % from 2014 to 2019.
This report also includes the profiles for leading oilfield service
provider,and equipment manufacturers, such as:
Tetra Technologies Inc. (U.S.), Schlumberger Ltd. (U.S.),
Halliburton Company (U.S.) Weatherford International Ltd.
(Ireland), and Expro International
Group Ltd (U.K.), AGR Group ASA (Norway), FMC Technologies Inc. (U.S.),
Greene's Energy Group (U.S.),
Helix Energy Solutions Group Inc. (U.S.), MB Petroleum Services LLC
(Oman), Mineral Technologies Inc.
(U.S.), and Rockwater Energy Solutions, Inc. (U.S.).
Scope of the report:
This study estimates the global market of well testing, in terms of
service,till 2019. It also offers a detailed qualitative and
quantitative analysis of this market. This report provides a
comprehensive review of major market drivers, restraints,
opportunities, challenges, winning imperatives, and key issues of
the market. The report also covers various important aspects of the
market. These include analysis of value chain, Porter's Five Forces
model, competitive landscape, market dynamics, market estimates in
terms of value, and future trends in the well testing market.
Various secondary sources have been used such as encyclopedias,
directories, and databases to identify and collect information that
was useful for this extensive commercial study of the global well
testing market. The primary sources – experts, manufacturers, and
service providers from the industry have all been interviewed to
obtain and verify critical information as well as assess future
prospects of the global well testing market.
On the basis of services: Real Time Well Testing, Downhole Testing,
Reservoir Sampling, and Surface Well Testing.
On the basis of regions: North
America, Europe,
Latin America, Asia-Pacific, and the Middle-East andAfrica.
Read the full report:
http://www.reportlinker.com/p02720693-summary/view-report.html
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