Artificial Lift Market: By Types (Rod Lift, ESP, PCP, Gas Lift) & Geography - Global Trends & Forecasts to 2018

NEW YORK, March 27, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Artificial Lift Market: By Types (Rod Lift, ESP, PCP, Gas Lift) & Geography - Global Trends & Forecasts to 2018

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Artificial lift is used to provide adequate pressure in a low reservoir pressure well to thrust the crude to the surface. This artificial lifting is executed using two methods - first method involves usage of a gas lift to create the upward movement of produced fluids; the other lifting method uses the support of downhole pumps which function with electricity. The lifts can be widely classified by their movement as positive displacement pumps and dynamic displacement pumps.

Artificial lifts are suitable for conventional crude production, unconventional crude production, deep and ultra-deep offshore production, rehabilitation of fields, redevelopment of mature fields, low API crude, early production systems, enhanced oil recovery methods, other recovery methods such as Steam Assisted Gravity Drainage (SAGD), Circulated Steam Simulation (CSS) and Cold Heavy Oil Production (CHOPS).

Conventional methods of recovery activities need to be revived to parallel production to the current levels of demand. About 70% of the global crude oil production is derived from mature fields, of which, most experience reservoir pressure deficiency, which is a crucial production parameter. This situation necessitates the entry of artificial lift equipment. E&P industry's focus shift towards unconventional hydrocarbon sources and subsea operations is due to the falling profits from older fields that are in dire need to undergo redevelopment. There is also a need for growing global energy demand. Artificial lifts of various types support different purposes which encompass all types of recovery activities from transforming stripper wells into financially viable wells, to bituminous crude production and high operating volume offshore production.

Growing production in some parts of the world such as Canada and Venezuela promise the growth of artificial lifts, fields in the Middle East region are undergoing redevelopment, processes where the use of artificial lifts is inevitable. Russia is currently a successful market and also is a prospective market considering its high production from mature fields which require artificial lifts to have successful production rates. South Eastern countries which have been engaged in offshore production for decades demand these lifts to enhance production rates. The fastest growing region is expected to be South & Central America, followed by Middle East and Africa. Currently, the most active market is North America, followed by Europe, reasoned by active implementation of development strategies.

We have used various secondary sources - encyclopedia, directories, and databases to identify and collect information useful for this extensive commercial study of the artificial lift market. The primary sources – experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess the future prospects of artificial lifts.

We have also profiled leading players of this industry with their recent developments and other strategic industry activities, namely Weatherford International Ltd (Switzerland), Schlumberger Ltd (U.S.), Baker Hughes Incorporated (U.S.), GE Energy (U.S.), JSC Alnas (Russia), National Oil Varco Inc. (U.S.), Lufkin Industries Inc. (U.S.), Tenaris S.A. (Luxembourg), Kudu Industries Inc. (Canada), J&J Technical Services LLC (U.S.), and also other market participants.

Scope of the report

On the basis of product type:

Rod Lift

Progressive Cavity Pump (PCP)

Gas Lift and others.

On the basis of geography:

North America

South & Central America

Europe

Middle East and Africa

Asia-Pacific

TABLE OF CONTENTS

1 INTRODUCTION 16

1.1 KEY TAKE-AWAYS 161.2 REPORT DESCRIPTION 161.3 STAKEHOLDERS 171.4 RESEARCH METHODOLOGY 171.4.1 MARKET SIZE 171.4.2 KEY DATA POINTS TAKEN FROM SECONDARY SOURCES 181.4.3 MAJOR SECONDARY SOURCES USED 181.4.4 KEY DATA POINTS TAKEN FROM PRIMARY SOURCES 181.4.5 ASSUMPTIONS MADE FOR THIS REPORT 191.5 KEY QUESTIONS ANSWERED 19

2 EXECUTIVE SUMMARY 20

3 MARKET OVERVIEW 23

3.2 VALUE CHAIN ANALYSIS 26

3.2.1.1 Manufacturers 26

3.2.1.2 Suppliers & Distributors 27

3.2.1.3 End-users 28

3.3 MARKET DYNAMICS 29

3.3.1 DRIVERS 29

3.3.1.1 Increasing deep and ultra-deep offshore and heavy oil production 30

3.3.1.2 Enhanced production requirements in mature fields 32

3.3.1.3 Growing energy demand 33

3.3.2 RESTRAINTS 33

3.3.2.1 Maladaptive towards production environment 34

3.3.2.2 Lack of industry professionals 35

3.3.3 OPPORTUNITIES 36

3.3.3.1 Rehabilitation and redevelopment of fields 37

3.3.3.2 Booming subsea operations 37

3.3.4 WINNING IMPERATIVE 39

3.3.4.1 Higher pressure decline rate in unconventional reservoirs 39

3.3.5 BURNING ISSUE 40

3.3.5.1 Consolidation of artificial lift markets 40

3.3.6 PORTER'S FIVE FORCE ANALYSIS 43

3.3.6.1 Suppliers' power 44

3.3.6.2 Threat of new entrants 44

3.3.6.3 Buyers' power 45

3.3.6.4 Threat of substitutes 45

3.3.6.5 Degree of competition 46

3.3.7 PATENTS ANALYSIS 47

4 ARTIFICIAL LIFT MARKET, BY LIFT TYPES 50

4.2 ROD LIFT 54

4.3 ELECTRIC SUBMERSIBLE PUMP 56

4.4 PROGRESSIVE CAVITY PUMP 58

4.5 GAS LIFT 60

4.6 OTHERS 62

5 ARTIFICIAL LIFT MARKET, BY GEOGRAPHY 64

5.2 NORTH AMERICA 66

5.2.1 U.S. 68

5.2.2 CANADA 70

5.3 EUROPE 72

5.3.1 RUSSIA 74

5.3.2 U.K. 76

5.3.3 NORWAY 78

5.4 ASIA-PACIFIC 80

5.4.1 CHINA 82

5.4.2 MALAYSIA 84

5.4.3 INDIA 86

5.4.4 INDONESIA 88

5.5 MIDDLE EAST & AFRICA 90

5.5.1 UNITED ARAB EMIRATES (UAE) 93

5.5.2 SAUDI ARABIA 95

5.5.3 OMAN 97

5.5.4 KUWAIT 99

5.5.5 NIGERIA 101

5.5.6 ANGOLA 103

5.6 SOUTH & CENTRAL AMERICA 105

5.6.1 VENEZUELA 107

5.6.2 BRAZIL 109

5.6.3 MEXICO 111

6 COMPETITIVE LANDSCAPE 113

6.2 EXPANSIONS: MOST POPULAR GROWTH STRATEGY 114

6.3 MAXIMUM DEVELOPMENTS IN 2012 116

6.4 NORTH AMERICA: REGION WITH MAXIMUM DEVELOPMENTS 117

6.5 TENARIS, BAKER HUGHES & GE ENERGY: MOST ACTIVE PARTICIPANTS 118

6.6 MERGERS & ACQUISITIONS 121

6.7 NEW PRODUCT LAUNCH/DEVELOPMENT 124

6.8 AGREEMENTS & COLLABORATIONS 126

6.9 EXPANSIONS 128

7 COMPANY PROFILES 133

7.2 BORETS COMPANY LLC 137

7.3 CAN K GROUP OF COMPANIES 140

7.4 FLOTEK INDUSTRIES INC. 143

7.5 GENERAL ELECTRIC ENERGY 147

7.6 HALLIBURTON COMPANY 152

7.7 J.J. TECHNICAL SERVICES LLC 156

7.8 JSC "ALNAS" 159

7.9 KUDU INDUSTRIES INC. 162

7.10 LUFKIN INDUSTRIES INC. 165

7.11 NATIONAL OILWELL VARCO INC. 169

7.12 NORRIS PRODUCTION SOLUTIONS 173

7.13 NOVOMET 176

7.14 PCM S.A. 179

7.15 SCHLUMBERGER LIMITED 182

7.16 TENARIS S.A. 187

7.17 TORQUEFLOW SYDEX LTD 191

7.18 WEATHERFORD INTERNATIONAL LTD 194

APPENDIX 198

EUROPE PATENTS 206

LIST OF TABLES

2011 – 2018 ($MILLION) 20

TABLE 2 ACTIVE ARTIFICIAL LIFT SUPPORTED WELL COUNT, BY GEOGRAPHY,

2011 24

TABLE 3 ARTIFICIAL LIFT ON THE BASIS OF WORKING PRINCIPLE 25

TABLE 4 HEAVY OIL RESERVE, BY MAJOR COUNTRIES, 2010 (BILLION BARREL) 31

TABLE 5 GLOBAL OFFSHORE EXPENDITURE, BY TYPES, 2011 – 2018 ($BILLION) 38

TABLE 6 ARTIFICIAL LIFT MARKET CONSOLIDATION TREND 40

TABLE 7 ARTIFICIAL LIFTS AND FACTORS RESISTING THEIR GROWTH 51

TABLE 8 ARTIFICIAL LIFT MARKET REVENUE, BY LIFT TYPES,

2011 – 2018 ($MILLION) 52

TABLE 9 ROD LIFT MARKET REVENUE, BY GEOGRAPHY, 2012 ($MILLION) 54

TABLE 10 ESP MARKET REVENUE, BY GEOGRAPHY, 2012 ($MILLION) 56

TABLE 11 PCP MARKET REVENUE, BY GEOGRAPHY, 2012 ($MILLION) 58

TABLE 12 GAS LIFT MARKET REVENUE, BY GEOGRAPHY, 2012 ($MILLION) 60

TABLE 13 OTHER LIFTS: MARKET REVENUE, BY GEOGRAPHY, 2012 ($MILLION) 62

TABLE 14 NORTH AMERICA: OIL SCENARIO, 2007 – 2011 (MMBOE) 66

TABLE 15 NORTH AMERICA: ARTIFICIAL LIFT MARKET REVENUE, BY COUNTRIES, 2011 – 2018 ($MILLION) 67

TABLE 16 U.S: OIL SCENARIO, 2007 – 2011 (MMBOE) 68

TABLE 17 U.S: ARTIFICIAL LIFT MARKET REVENUE, BY LIFT TYPES,

2011 – 2018 ($MILLION) 69

TABLE 18 CANADA: OIL SCENARIO, 2007 – 2011 (MMBOE) 70

TABLE 19 CANADA: ARTIFICIAL LIFT MARKET REVENUE, BY LIFT TYPES,

2011 – 2018 ($MILLION) 71

TABLE 20 EUROPE: OIL SCENARIO, 2007 – 2011 (MMBOE) 72

TABLE 21 EUROPE: ARTIFICIAL LIFT MARKET REVENUE, BY LIFT TYPES,

2011 – 2018 ($MILLION) 73

TABLE 22 RUSSIA: OIL SCENARIO, 2007 – 2011 (MMBOE) 74

TABLE 23 RUSSIA: ARTIFICIAL LIFT MARKET REVENUE, BY LIFT TYPES,

2011 – 2018 ($MILLION) 75

TABLE 24 U.K: OIL SCENARIO, 2007 – 2011 (MMBOE) 76

TABLE 25 U.K: ARTIFICIAL LIFT MARKET REVENUE, BY LIFT TYPES,

2011 – 2018 ($MILLION) 77

TABLE 26 NORWAY: OIL SCENARIO, 2007 – 2011 (MMBOE) 78

TABLE 27 NORWAY: ARTIFICIAL LIFT MARKET REVENUE, BY LIFT TYPES,

2011 – 2018 ($MILLION) 79

TABLE 28 ASIA-PACIFIC: OIL SCENARIO, 2007 – 2011 (MMBOE) 80

TABLE 29 ASIA-PACIFIC: ARTIFICIAL LIFT MARKET REVENUE, BY COUNTRIES, 2011 – 2018 ($MILLION) 81

TABLE 30 CHINA: OIL SCENARIO, 2007 – 2011 (MMBOE) 82

TABLE 31 CHINA: ARTIFICIAL LIFT MARKET REVENUE, BY LIFT TYPES,

2011 – 2018 ($MILLION) 83

TABLE 32 MALAYSIA: OIL SCENARIO, 2007 – 2011 (MMBOE) 84

TABLE 33 MALAYSIA: ARTIFICIAL LIFT MARKET REVENUE, BY LIFT TYPES,

2011 – 2018 ($MILLION) 85

TABLE 34 INDIA: OIL SCENARIO, 2007 – 2011 (MMBOE) 86

TABLE 35 INDIA: ARTIFICIAL LIFT MARKET REVENUE, BY LIFT TYPES,

2011 – 2018 ($MILLION) 87

TABLE 36 INDONESIA: OIL SCENARIO, 2007 – 2011 (MMBOE) 88

TABLE 37 INDONESIA: ARTIFICIAL LIFT MARKET REVENUE, BY LIFT TYPES,

2011 – 2018 ($MILLION) 89

TABLE 38 MIDDLE EAST: OIL SCENARIO, 2007 – 2011 (MMBOE) 90

TABLE 39 AFRICA: OIL SCENARIO, 2007 – 2011 (MMBOE) 91

TABLE 40 MIDDLE EAST &AFRICA: ARTIFICIAL LIFT MARKET REVENUE,

BY COUNTRIES, 2011 – 2018 ($MILLION) 92

TABLE 41 UAE: OIL SCENARIO, 2007 – 2011 (MMBOE) 93

TABLE 42 UAE: ARTIFICIAL LIFT MARKET REVENUE, BY LIFT TYPES,

2011 – 2018 ($MILLION) 94

TABLE 43 SAUDI ARABIA: OIL SCENARIO, 2007 – 2011 (MMBOE) 95

TABLE 44 SAUDI ARABIA: ARTIFICIAL LIFT MARKET REVENUE, BY LIFT TYPES, 2011 – 2018 ($MILLION) 96

TABLE 45 OMAN: OIL RESERVES, 2007 – 2011 (MMBOE) 97

TABLE 46 OMAN: ARTIFICIAL LIFT MARKET REVENUE, BY LIFT TYPES,

2011 – 2018 ($MILLION) 98

TABLE 47 KUWAIT: OIL SCENARIO, 2007 – 2011 (MMBOE) 99

TABLE 48 KUWAIT: ARTIFICIAL LIFT MARKET REVENUE, BY LIFT TYPES,

2011 – 2018 ($MILLION) 100

TABLE 49 NIGERIA: OIL SCENARIO, 2007 – 2011 (MMBOE) 101

TABLE 50 NIGERIA: ARTIFICIAL LIFT MARKET REVENUE, BY LIFT TYPES,

2011 – 2018 ($MILLION) 102

TABLE 51 ANGOLA: OIL SCENARIO, 2007 – 2011 (MMBOE) 103

TABLE 52 ANGOLA: ARTIFICIAL LIFT MARKET REVENUE, BY LIFT TYPES,

2011 – 2018 ($MILLION) 104

TABLE 53 SOUTH & CENTRAL AMERICA: OIL SCENARIO, 2007 – 2011 (MMBOE) 105

TABLE 54 SOUTH & CENTRAL AMERICA: ARTIFICIAL LIFT MARKET REVENUE,

BY LIFT TYPES, 2011 – 2018 ($MILLION) 106

TABLE 55 VENEZUELA: OIL SCENARIO, 2007 – 2011 (MMBOE) 107

TABLE 56 VENEZUELA: ARTIFICIAL LIFT MARKET REVENUE, BY LIFT TYPES,

2011 – 2018 ($MILLION) 108

TABLE 57 BRAZIL: OIL SCENARIO, 2007 – 2011 (MMBOE) 109

TABLE 58 BRAZIL: ARTIFICIAL LIFT MARKET REVENUE, BY LIFT TYPES,

2011 – 2018 ($MILLION) 110

TABLE 59 MEXICO: OIL SCENARIO, 2007 – 2011 (MMBOE) 111

TABLE 60 MEXICO: ARTIFICIAL LIFT MARKET REVENUE, BY LIFT TYPES,

2011 – 2018 ($MILLION) 112

TABLE 61 MERGERS & ACQUISITIONS, 2010 – 2012 121

TABLE 62 NEW PRODUCTS LAUNCH/DEVELOPMENT, 2010 – 2012 124

TABLE 63 AGREEMENTS & COLLABORATIONS, 2010 – 2012 126

TABLE 64 EXPANSIONS, 2010 – 2012 128

TABLE 65 BAKER HUGHES: ANNUAL REVENUE, BY BUSINESS SEGMENTS,

2010 – 2011 ($MILLION) 134

TABLE 66 BAKER HUGHES: PRODUCTS & ITS APPLICATIONS 134

TABLE 67 BORETS: PRODUCTS & ITS APPLICATIONS 138

TABLE 68 CAN-K: PRODUCTS & ITS APPLICATIONS 141

TABLE 69 FLOTEK: ANNUAL REVENUE, BY BUSINESS SEGMENTS,

2010 – 2011 ($MILLION) 144

TABLE 70 FLOTEK: PRODUCTS & ITS APPLICATIONS 145

TABLE 71 GE: ANNUAL REVENUE, BY BUSINESS SEGMENTS,

2010 – 2011 ($MILLION) 148

TABLE 72 GE ENERGY: ANNUAL REVENUE, BY ENERGY OILFIELD SERVICES BUSINESS SEGMENT, 2010 – 2011 ($MILLION) 149

TABLE 73 GE ENERGY: PRODUCTS & ITS APPLICATIONS 149

TABLE 74 HALLIBURTON: ANNUAL REVENUE, BY BUSINESS SEGMENTS,

2010 – 2011 ($MILLION) 153

TABLE 75 HALLIBURTON: PRODUCTS & ITS APPLICATIONS 153

TABLE 76 J.J.:PRODUCTS & ITS APPLICATIONS 157

TABLE 77 ALNAS: PRODUCTS & ITS APPLICATIONS 160

TABLE 78 KUDU: PRODUCTS & ITS APPLICATIONS 163

TABLE 79 LUFKIN: ANNUAL REVENUE, BY BUSINESS SEGMENTS,

2010 – 2011 ($MILLION) 166

TABLE 80 LUFKIN: PRODUCTS & ITS APPLICATIONS 166

TABLE 81 NOV: ANNUAL REVENUE, BY BUSINESS SEGMENTS,

2010 – 2011 ($MILLION) 170

TABLE 82 NOV: PRODUCTS & ITS APPLICATIONS 171

TABLE 83 NORRIS: PRODUCTS & ITS APPLICATIONS 174

TABLE 84 NOVOMET: PRODUCTS & ITS APPLICATIONS 177

TABLE 85 PCM: PRODUCTS & ITS APPLICATIONS 180

TABLE 86 SCHLUMBERGER: ANNUAL REVENUE, BY BUSINESS SEGMENTS,

2010 – 2011 ($MILLION) 183

TABLE 87 SCHLUMBERGER: ANNUAL REVENUE, BY OILFIELD SERVICES BUSINESS SEGMENTS, 2010 – 2011 ($MILLION) 184

TABLE 88 SCHLUMBERGER: PRODUCTS & ITS APPLICATIONS 184

TABLE 89 TENARIS: ANNUAL REVENUE, BY BUSINESS SEGMENTS,

2010 – 2011 ($MILLION) 188

TABLE 90 TENARIS: PRODUCTS & ITS APPLICATIONS 189

TABLE 91 TORQUEFLOW: PRODUCTS & ITS APPLICATIONS 192

TABLE 92 WEATHERFORD: TOTAL REVENUE, 2010 – 2011 ($MILLION) 195

TABLE 93 WEATHERFORD: ANNUAL REVENUE, BY BUSINESS SEGMENTS,

2010 – 2011 ($MILLION) 196

LIST OF FIGURES

2011 – 2018 ($MILLION) 21

FIGURE 2 ARTIFICIAL LIFT: VALUE CHAIN ANALYSIS 26

FIGURE 3 IMPACT OF MAJOR DRIVERS ON GLOBAL ARTIFICIAL LIFT MARKET, 2013 – 2018 29

FIGURE 4 NUMBER OF SUBSEA WELLS START-UP, 2010 – 2012 30

FIGURE 5 IMPACT OF MAJOR RESTRAINTS ON GLOBAL ARTIFICIAL LIFT MARKET, 2013 – 2018 34

FIGURE 6 IMPACT OF MAJOR OPPORTUNITIES ON GLOBAL LIFT MARKET,

2013 – 2018 36

FIGURE 7 PORTER'S FIVE FORCE ANALYSIS 43

FIGURE 8 PATENT ANALYSIS, BY REGION/COUNTRY, 2009 – 2012 47

FIGURE 9 PATENT TRENDS, BY REGION/COUNTRY, 2009 – 2012 48

FIGURE 10 PATENT ANALYSIS, BY COMPANIES, 2009 – 2012 49

FIGURE 11 ARTIFICIAL LIFT MARKET PENETRATION, BY LIFT TYPES, 2012 VS 2018 53

FIGURE 12 ROD LIFT MARKET SHARE, BY COUNTRIES, 2012 55

FIGURE 13 ESP MARKET SHARE, BY COUNTRIES, 2012 57

FIGURE 14 PCP MARKET SHARE, BY COUNTRIES, 2012 59

FIGURE 15 GAS LIFT MARKET SHARE, BY COUNTRIES, 2012 61

FIGURE 16 OTHER LIFTS MARKET SHARE, BY COUNTRIES, 2012 63

FIGURE 17 ARTIFICIAL LIFT MARKET SHARE, BY GEOGRAPHY, 2012 65

FIGURE 18 GLOBAL ARTIFICIAL LIFT MARKET SHARE, BY GROWTH STRATEGIES, 2010 – 2012 115

FIGURE 19 NO OF DEVELOPMENTS IN GLOBAL ARTIFICIAL LIFT MARKET,

2010 – 2012 116

FIGURE 20 ARTIFICIAL LIFT GROWTH STRATEGIES MARKET SHARE,

BY GEOGRAPHY, 2010 – 2012 117

FIGURE 21 GLOBAL ARTIFICIAL LIFT MARKET ACTIVITIES TIMELINE, 2010 – 2012 119

FIGURE 22 GLOBAL ARTIFICIAL LIFT MARKET SHARE, BY COMPANIES, 2010 – 2012 120

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