DUBLIN, July 28, 2015 /PRNewswire/ -- Research and
Markets
(http://www.researchandmarkets.com/research/b5d6xj/global_well) has
announced the addition of the "Global Well Intervention Services
Market 2015-2019" report to their offering.
The global well intervention services market to grow at a CAGR
of 4.0% over the period 2014-2019.
Well intervention services are a series of recovery and
maintenance activities carried out to replenish an oil or gas well.
Operations are aimed at increasing the production life of a well.
With growing demand for oil and gas, utilization of the existing
and new oil and gas reserves to the fullest has become a prime
goal.
This report covers the present scenario and the growth prospects
of the global well intervention services market during the period
2015-2019. For calculating the market size and vendor share, the
report considers the revenue obtained from the five major services
carried out in well intervention services market globally.
With the increased preference for subsea wells, the operating
costs of well intervention services directly affect the profit
margins of service providers. Reducing the costs of intervention
has been the driving force for the development of riserless well
intervention systems. There is also an upcoming trend of digital
oil fields in the market.
According to the report, the gradual increase in the demand for
oil and gas has been acting as a driving force for investment and
growth in the exploration and production segment. The demand for
oil was recorded as 92.99 mb/d for the first quarter of 2015.
Further, the report states that the market is capital-intensive,
and operations are hindered by cost overruns because of technical
glitches and price fluctuations, leading to a decline in
exploration and production spending worldwide.
Key Vendors
- Aker Solutions
- Halliburton
- Schlumberger
- Superior Energy Services
- Weatherford International
Other Prominent Vendors
- Archer Well
- EXPRO International Group
- Helix Energy Solutions Group
- National Oil Well Varco
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Market Segmentation by Application
- Market Segmentation by Services
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit
http://www.researchandmarkets.com/research/b5d6xj/global_well
Media Contact:
Laura Wood, +353-1-481-1716,
press@researchandmarkets.net