NEW YORK, Nov. 14, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
Analysis of the North American Shale Services Market
Streamlined Supply Chain and Advanced Contracting Strategies are Key to Sustainability
With an increase in demand and the high price for oil and gas, unconventional resource exploitation is identified as a lucrative opportunity for producers, which drives the demand for servicing equipment. This study discusses the driving and restraining factors that are expected to impact the North American shale services market during the forecast period from 2013 to 2017. Furthermore, this study discusses revenue forecasts and other relevant market trends and competition prevailing in the North American shale services market. This study is segmented based on the type of services, including drilling, pressure pumping, completion and production, coiled tubing, and artificial lift.
Executive Summary
• Oil and gas production in the United States has grown in the lastXyears following strong development in drilling technologies. This growth is evident because the United States is the world's largest shale gas producer.
• Growing energy demand and reliable domestic supply drive exploration and production (E&P) activities in North American shale resources.
• With strong growth expected in shale activities, shale oil and gas services are expected to experience strong growth throughout the forecast period.
• The overall North American shale services market is growing at a compound annual growth rate (CAGR) of X% from 2012 to 2017.
• Oil and gas production in the United States has grown in the lastXyears following strong development in drilling technologies. This growth is evident because the United States is the world's largest shale gas producer.
• Growing energy demand and reliable domestic supply drive exploration and production (E&P) activities in North American shale resources.
• With strong growth expected in shale activities, shale oil and gas services are expected to experience strong growth throughout the forecast period.
• The overall North American shale services market is growing at a compound annual growth rate (CAGR) of X% from 2012 to 2017.
CEO's Perspective
1. Shale reserves are identified as a game changer in global energy markets. The US shale industry presents a significant opportunity.
2. As a net importer, the United States will likely minimize fuel imports and achieve energy independence.
3. Addressing environmental concerns such as water treatment will likely be a major challenge for E&P companies.
4. Companies are shifting toward liquid-rich plays to maintain profitability.
Market Overview—Definitions
Geographic coverage: North America
Study period: 2009–2017
Base year: 2012
Forecast period: 2013–2017
Monetary unit: US Dollars
Geographic Scope
North America: United States and Canada
Market Definition
The North American shale services market, as defined in this research service, includes drilling services, pressure pumping services, completion and production services, coiled tubing services, and artificial lift services associated with the shale facility in the North American region. The study includes services activities in both shale gas and shale oil.
Drilling Services
The drilling services segment includes directional drilling, measurements while drilling (MWD), logging while drilling (LWD), and fishing services.
Pressure Pumping Services
The pressure pumping services segment includes mainly hydraulic fracturing, where pumps stimulate the well and increase oil and gas production.
Completion and Production Services
This segment includes cementing, casing, sand control services for the prevention of formation sand production, snubbing, continuous pipe deployment through the use of hydraulic work over systems, pipeline and facility testing, and real-time reservoir analysis.
Coiled Tubing Services
The coiled tubing services segment includes well intervention services such as milling and well clean outs. Coiled tubing allows fluid to be pumped, irrespective of the position or direction of travel.
Artificial Lift Services
Artificial lift systems are used in oil and gas wells to increase pressure in the well to pump oil to the surface. The services definition includes installation and maintenance of artificial lift systems as well as technical support and application engineering services.
Key Questions This Study Will Answer
Is the market growing and at what rate? What is the anticipated growth from 2013 to 2017?
Are existing competitors structured correctly to meet customer needs?
Will the structure of the market change with time?
Is there any development with the services offered today?
Are the service providers in the space ready to go it alone, or do they need partnerships to take their businesses to the next level?
Table of Contents
1. Executive Summary
2. Market Overview
3. Total Shale Services Market
• Drivers and Restraints
• Forecasts and Trends
• Market Share and Competitive Analysis
4. Drilling Services Segment Breakdown
5. Pressure Services Pumping Segment Breakdown
6. Completion and Production Services Segment Breakdown
7. Coiled Tubing Services Segment Breakdown
8. Artificial Lift Services Segment Breakdown
9. The Last Word
10. Appendix
To order this report: Analysis of the North American Shale Services Market
http://www.reportlinker.com/p01865284/Analysis-of-the-North-American-Shale-Services-Market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Oil_and_Gas_energy
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