DALLAS, April 20, 2015 /PRNewswire/ --
The report "Well Intervention Market by Services (Logging & Bottom Hole Survey, Tubing/Packer Failure & Repair, Stimulation, Artificial Lift, Others), Application (Onshore & Offshore) & Region - Global Trends & Forecast to 2019", published by MarketsandMarkets, defines and segments the well intervention market with an analysis and forecast of the global revenue.
Browse 77 market data tables and 57 figures spread through 185 pages and in-depth TOC on "Well Intervention Market - Global Trends & Forecast to 2019"
http://www.marketsandmarkets.com/Market-Reports/well-intervention-market-1099.html
Early buyers will receive 10% customization on this report.
The well intervention/work-over services market is mainly driven by growing demand for energy and aging of existing brown oilfields. The presence of a large number of oil & gas wells and thriving investment in oilfield developments in deeper waters are the major factors behind the growth of the market in the Americas. The U.S., as a country, is the largest end-user of well intervention services, and the trend is expected to continue during the forecast period.
Make an Inquiry http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1099
Soaring energy demand is pressurizing field operators to increase the production of hydrocarbons. As existing oil & gas reserves are depleting, the need for well intervention services is gaining its pace. On the other hand, maturity of existing oil & gas wells has also resulted in an increase in the usage of intervention/workover services. This trend makes the well intervention industry lucrative for both equipment manufacturers and service operators. On account of heavy demand for oil and continuous reduction in replacement of depleting hydrocarbon reservoirs, the Well Intervention Market will experience a tremendous increase in demand in the years to come.
The presence of mature onshore oil reserves is shifting the focus of operator companies towards deepwater offshore areas. The mount in deepwater and ultra-deepwater activities for oil is now increasing the demand for heavy well intervention applications. The operators are interested in investing more in offshore oilfields to meet energy needs.
The market has been estimated from the demand point of view. This report breaks the market into smaller service segments. In order to provide a deeper understanding of the competitive landscape, 15 companies in the Well Intervention Market have been profiled.
The Global Well Intervention Market will grow from an estimated $11.31 Billion in 2014 to $13.84 Billion by 2019, at a CAGR of 4.1% during the forecast period. The Americas is expected to lead the global market with a share of more than 40%, in terms of value generation in 2014.
Browse Related Reports
Drilling and Completion Fluids Market by Application Areas (Onshore & Offshore), by Types (Water-Based Systems, Oil-Based Systems, Synthetic-Based Systems, Other Based Systems) & by Geography - Global Trends & Forecast to 2019
http://www.marketsandmarkets.com/Market-Reports/drilling-completion-fluids-market-1241.html
Offshore Drilling Rigs Market by Type (Jackup, Semi-Submersibles, Drillships), by Application (Shallow Water, Deepwater, Ultra-Deepwater) & Geography (North America, Latin America, Europe, the Middle East, Asia-Pacific, Africa, ROW) - Global Forecast to 2019
http://www.marketsandmarkets.com/Market-Reports/offshore-drilling-rigs-market-222674436.html
About MarketsandMarkets
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info-graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Subscribe Reports from Energy & Power Domain @ http://www.marketsandmarkets.com/Subscription.html
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/energy-and-power
Contact:
Mr. Rohan
North - Dominion Plaza,
17304, Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: [email protected]
SOURCE MarketsandMarkets
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article