0 CHECKOUT

Coiled Tubing Market by Services (Well Intervention (Well Completion & Well Cleaning) & Drilling), Active Fleet & by Geography - Global Trends & Forecasts to 2020

  • ID: 3261622
  • May 2015
  • Region: Global
  • 165 Pages
  • Markets and Markets
1 of 5
The market is growing at a CAGR of approximately 6% - 7% from 2015 to 2020

FEATURED COMPANIES

  • Archer (Bermuda),
  • Baker Hughes Inc. (U.S.),
  • Halliburton (U.S.),
  • RPC Inc. (U.S.),
  • Schlumberger Ltd (U.S.),
  • MORE

This report estimates the coiled tubing market in terms of value in $Million. This has been segmented into component regions and further split into countries.

A Coil Tubing (CT) unit usually comprises a set of equipment to perform standard continuous-length tubing operations in the oil & gas fields. Coiled tubes are generally made of low-alloy carbon-steel and range from 0.75 inches to 4 inches in diameter, with single reel tubing lengths reaching 30,000 feet with yield strengths ranging from 55,000 PSI to 120,000 PSI.

CT is needed during the completion phase as well during the oil recovery phase. With maturing fields, there is the decline in the production of oil, which draws the attention of exploration & production companies to innovate existing products. This leads to increase in investments in the energy sector, especially in shale gas development projects, leading to a surge in demand in the market for CT.

The size of the overall market is determined by forecast techniques based on CT fleet count, and E&P spending in different regions, which are validated through primary sources. The market is growing at a CAGR of approximately 6% - 7% from 2015 READ MORE >

Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Archer (Bermuda),
  • Baker Hughes Inc. (U.S.),
  • Halliburton (U.S.),
  • RPC Inc. (U.S.),
  • Schlumberger Ltd (U.S.),
  • MORE

1 Introduction
1.1 Objectives
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Introduction
2.2 Market Size Estimation
2.3 Breakdown of Primary Interviews
2.3.1 Market Breakdown and Data Triangulation
2.4 Market Share Estimation
2.4.1 Key Data From Secondary Sources
2.4.2 Key Data From Primary Sources
2.4.2.1 Key Industry Insights
2.4.3 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the CT Market
4.2 Global CT Market – Service Segment
4.3 Africa CT Market
4.4 Global CT Market, 2015-2020
4.5 Global CT Market, By Service
4.6 Well Intervention Market, Developed Vs. Developing Nations
4.7 Well Intervention Services Also Lead the Market in Africa

5 Market Overview
5.1 Introduction
5.2 Coiled Tubing Market Segmentation
5.2.1 Coiled Tubing Market, By Service Type
5.2.2 Coiled Tubing, By Region
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increase in Energy Demand
5.3.1.2 Redevelopment of Mature Fields
5.3.1.3 Shale Revolution in the U.S.
5.3.2 Restraints
5.3.2.1 Strict Government Regulations
5.3.2.2 High Market Competition
5.3.2.3 Declining Rig Count
5.3.3 Opportunities
5.3.3.1 Focus on Deepwater Drilling
5.3.3.2 Demand for Large Diameter Coiled Tubing
5.3.3.3 Emerging Markets
5.3.4 Challenges
5.3.4.1 Declining Oil Prices
5.3.4.2 Increasing Length of Horizontal Wells

6 Industry Trends
6.1 Introduction
6.2 Supply Chain Analysis
6.3 Porter’s Five Forces Analysis
6.3.1 Threat of New Entrants
6.3.2 Threat of Substitutes
6.3.3 Bargaining Power of Suppliers
6.3.4 Bargaining Power of Buyers
6.3.5 Degree of Competition

7 CT Market, By Active Fleet
7.1 By Region
7.1.1 Asia-Pacific
7.1.2 Europe
7.1.3 Middle East
7.1.4 Africa
7.1.5 North America
7.1.6 South America
7.2 By Operators
7.2.1 Introduction
7.2.2 Schlumberger Limited
7.2.3 Halliburton Company
7.2.4 Baker Hughes Inc.

8 CT Market, By Services
8.2.1 Well Intervention Services, By Region
8.2.1.1 North America
8.2.1.2 Europe
8.2.1.3 Asia-Pacific
8.2.1.4 Middle East
8.2.1.5 South America
8.2.1.6 Africa
8.2.2 Well Intervention Services, By Type
8.2.2.1 Well Cleaning & Pumping Operations Market, By Region
8.2.2.2 Well Completions & Mechanical Operations Market, By Region
8.2.3 CT Well Intervention Services Marekt, By Region
8.2.3.1 North America
8.2.3.2 Europe
8.2.3.3 Asia-Pacific
8.2.3.4 Middle East
8.2.3.5 South America
8.2.3.6 Africa
8.2.4 CT Drilling Market, By Region
8.2.4.1 North America
8.2.4.2 Europe
8.2.4.3 Middle East
8.2.4.4 South America
8.2.4.5 Africa
8.2.5 CT Other Services Market, By Region
8.2.5.1 North America
8.2.5.2 Europe
8.2.5.3 Asia-Pacific
8.2.5.4 Middle East
8.2.5.5 South America
8.2.5.6 Africa

9 CT Market, By Region
9.1 Introduction
9.2 North America
9.2.1 North America CT Market, By Country
9.2.2 North America CT Market, By Services Types
9.2.2.1 U.S.
9.2.2.2 Canada
9.2.2.3 Mexico
9.3 Europe
9.3.1 Europe: CT Market, By Country
9.3.2 CT Market, By Services Types
9.3.2.1 Russia
9.3.2.2 U.K.
9.3.2.3 Ukraine, Poland, Norway, the Netherlands, Romania, & Croatia
9.3.2.4 Rest of Europe
9.4 Asia-Pacific
9.4.1 Asia-Pacific:CT Market By Country
9.4.2 Asia-Pacific: CT Market, By Services Types
9.4.2.1 China
9.4.2.2 India
9.4.2.3 Kazakhstan
9.4.2.4 Australia
9.4.2.5 Indonesia, Pakistan, Azerbaijan, Brunei, Turkmenistan, & Uzbekistan
9.4.2.6 Far East & Others
9.5 Middle East
9.5.1 Middle East: CT Market, By Country
9.5.2 Middle East: CT Market, By Services Types
9.5.2.1 Saudi Arabia
9.5.2.2 UAE
9.5.2.3 Kuwait
9.5.2.4 Iraq, Oman, & Qatar
9.5.2.5 Rest of Middle East
9.6 South America
9.6.1 South America: CT Market, By Country
9.6.2 South America: CT Market, By Services Types
9.6.2.1 Brazil
9.6.2.2 Venezuela
9.6.2.3 Argentina
9.6.2.4 Rest of South America
9.7 Africa
9.7.1 Africa: CT Market, By Country
9.7.2 Africa: CT Market, By Services Types
9.7.2.1 Algeria
9.7.2.2 Egypt
9.7.2.3 Nigeria, Angola, & Libya
9.7.2.4 West Africa, Tunisia, Syria, Congo, & Gabon
9.7.2.5 Rest of Africa

10 Competitive Landscape
10.1 Overview
10.2 Analysis of Market Developments
10.3 Competitive Situation & Trends
10.4 Mergers & Acquisitions
10.5 Expansions
10.6 Contracts & Agreements
10.7 New Product Developments

11 Company Profiles
11.1 Introduction
11.2 Baker Hughes
11.2.1 Business Overview
11.2.2 Product Portfolio
11.2.3 Recent Developments, 2012-2014
11.2.4 Baker Hughes: Swot Framework
11.3 Halliburton Co.
11.3.1 Business Overview
11.3.2 Product Portfolio
11.3.3 Recent Developments, 2012-2015
11.3.4 Halliburton: Swot Framework
11.4 Nabors Industries Ltd.
11.4.1 Business Overview
11.4.2 Product Portfolio
11.4.3 Recent Development, 2015
11.4.4 Nabors Industries Ltd.: Swot Framework
11.5 Schlumberger Ltd.
11.5.1 Business Overview
11.5.2 Product Portfolio
11.5.3 Recent Developments, 2011-2014
11.5.4 Schlumberger Ltd.: Swot Framework
11.6 Superior Energy Services Inc.
11.6.1 Business Overview
11.6.2 Product and Services Portfolio
11.6.3 Recent Developments, 2012-2013
11.6.4 Superior Energy Services: Swot Framework
11.7 Weatherford International Ltd.
11.7.1 Business Overview
11.7.2 Products & Services
11.7.3 Recent Developments, 2013-2014
11.7.4 Weatherford International: Swot Framework
11.8 Archer Limited
11.8.1 Business Overview
11.8.2 Product & Services
11.8.3 Recent Developments, 2012-2013
11.9 C&J Energy Services, Inc.
11.9.1 Business Overview
11.9.2 Service Offerings
11.9.3 Recent Developments, 2011- 2014
11.10 Calfrac Well Services Ltd.
11.10.1 Business Overview
11.10.2 Products & Services
11.10.3 Recent Development, 2013
11.12 RPC, Inc.
11.12.1 Business Overview
11.12.2 Products & Services
11.12.3 Recent Development, 2011
11.13 Trican
11.13.1 Business Overview
11.13.2 Products & Services
11.13.3 Recent Developments, 2011- 2013
11.14 Sanjel Corporation
11.14.1 Business Overview
11.14.2 Products & Services
11.14.3 Recent Developments, 2011- 2012

12 Appendix
12.1 Insights of Industry Experts
12.2 Discussion Guide
12.3 Introducing RT: Real Time Market Intelligence
12.4 Available Customizations
12.5 Related Reports

List of Tables

Table 1 Top Countries With Technically Recoverable Shale Reserves in 2014
Table 2 CT Active Fleet Count, By Region, 2013 – 2014 (Units)
Table 3 Asia-Pacific: CT Active Fleet Count, By Country, 2013 – 2014 (Units)
Table 4 Europe: CT Fleet Count, 2013 – 2014 (Units)
Table 5 Middle East: CT Fleet Count, 2013 – 2014 (Units)
Table 6 Africa: CT Fleet Count, 2013 – 2014 (Units)
Table 7 North America: CT Fleet Count, 2013 – 2014, (Units)
Table 8 South America: CT Fleet Count, 2013 – 2014 (Units)
Table 9 CT Active Fleet Count, By Major Operator, 2012-2013 (Units)
Table 10 Schlumberger: CT Fleet Count, 2013 – 2014 (Units)
Table 11 Schlumberger: Asia-Pacific CT Fleet Count, , By Country, 2013 – 2014 (Units)
Table 12 Schlumberger: Middle East CT Fleet Count, By Country, 2012 – 2013 (Units)
Table 13 Schlumberger: Africa CT Fleet Count, By Country, 2013 – 2014 (Units)
Table 14 Schlumberger: North America CT Fleet Count, By Country, 2013 – 2014 (Units)
Table 15 Schlumberger: South America CT Fleet Count, By Country, 2013 – 2014 (Units)
Table 16 Halliburton: CT Fleet Count, By Region, 2013–2014 (Units)
Table 17 Halliburton: Asia-Pacific CT Fleet Count, By Country 2013–2014 (Units)
Table 18 Halliburton: Middle East CT Fleet Count, By Country, 2013 – 2014 (Units)
Table 19 Halliburton: Europe CT Fleet Count, By Country, 2013 – 2014 (Units)
Table 20 Halliburton: Africa CT Fleet Count, By Country, 2013 – 2014 (Units)
Table 21 Halliburton: North America CT Fleet Count, By Country 2013 – 2014 (Units)
Table 22 Halliburton: South America CT Fleet Count, By Country, 2013 – 2014 (Units)
Table 23 Baker Hughes: Global Coiled Tubing Fleet Count, 2013 – 2014 (Units)
Table 24 Baker Hughes: Asia-Pacific CT Fleet Count, By Country, 2013 – 2014 (Units)
Table 25 Baker Hughes: Middle East CT Fleet Count, By Country, 2013 – 2014 (Units)
Table 26 Baker Hughes: Europe CT Fleet Count, By Country, 2013 – 2014 (Units)
Table 27 Baker Hughes: Africa CT Fleet Count, By Country, 2013 – 2014 (Units)
Table 28 Baker Hughes: North America CT Fleet, By Country, 2013 – 2014 (Units)
Table 29 Baker Hughes: South America CT Fleet, By Country, 2013 – 2014 (Units)
Table 30 CT Market Size, By Service, 2013-2020 ($Million)
Table 31 Well Intervention Market Size, By Region, 2013-2020 ($Million)
Table 32 North America: Well Intervention Market Size, By Country, 2013-2020 ($Million)
Table 33 Europe: Well Intervention Market Size, By Country, 2013-2020 ($Million)
Table 34 Asia-Pacific: Well Intervention Market Size, By Country, 2013-2020 ($Million)
Table 35 Middle East: Well Intervention Market Size, By Country, 2013-2020 ($Million)
Table 36 South America: Well Intervention Market Size, By Country, 2013-2020 ($Million)
Table 37 Africa: Well Intervention Market Size, By Country, 2013-2020 ($Million)
Table 38 Well Cleaning & Pumping Operations Market Size, By Region, 2013-2020 ($ Million)
Table 39 Well Completions & Mechanical Operations Market Size, By Region, 2013-2020 ($Million)
Table 40 North America: Well Intervention Market Size, By Service, 2013-2020 ($Million)
Table 41 Europe: Well Intervention Market Size, By Service, 2013-2020 ($Million)
Table 42 Asia-Pacific: Well Intervention Market Size, By Service, 2013-2020 ($Million)
Table 43 Middle East: Well Intervention Market Size, By Service, 2013-2020 ($Million)
Table 44 South America: Well Intervention Market Size, By Service, 2013-2020 ($Million)
Table 45 Africa: Well Intervention Market Size, By Service, 2013-2020 ($Million)
Table 46 CT Drilling Market Size, By Region, 2013 – 2020 ($Million)
Table 47 North America: CT Drilling Market Size, By Country, 2013-2020 ($Million)
Table 48 Europe: CT Drilling Market Size, By Country, 2013-2020 ($Million)
Table 49 Middle East: CT Drilling Market Size, By Country, 2013-2020 ($Million)
Table 50 South America: CT Drilling Market Size, By Country, 2013-2020 ($Million)
Table 51 Africa: CT Drilling Market Size, By Country, 2013-2020 ($Million)
Table 52 CT Other Services Market Size, By Region, 2013 – 2020 ($Million)
Table 53 North America: CT Other Services Market Size, By Country, 2013-2020 ($Million)
Table 54 Europe: CT Other Services Market Size, By Country, 2013-2020 ($Million)
Table 55 Asia-Pacific: CT Other Services Market Size, By Country, 2013-2020 ($Million)
Table 56 Middle East: CT Other Services Market Size, By Country, 2013-2020 ($Million)
Table 57 South America: CT Other Services Market Size, By Country, 2013-2020 ($Million)
Table 58 Africa: CT Other Services Market Size, By Country, 2013-2020 ($Million)
Table 59 CT Market Size, By Region, 2013-2020 ($Million)
Table 60 North America: CT Market Size, By Country, 2013-2020 ($Million)
Table 61 North America: Coiled Tubing Market Size, By Service, 2013-2020 ($Million)
Table 62 U.S.: CT Market Size, By Service, 2013-2020 ($Million)
Table 63 Canada: CT Market Size, By Service, 2013-2020 ($Million)
Table 64 Mexico: CT Market Size, By Service, 2013-2020 ($Million)
Table 65 Europe: CT Market Size, By Country, 2013-2020 ($Million)
Table 66 Europe: CT Market Size, By Service, 2013-2020 ($Million)
Table 67 Russia: CT Market Size, By Service, 2013-2020 ($Million)
Table 68 U.K.: CT Market Size, By Service, 2013-2020 ($Million)
Table 69 Ukraine, Poland, Norway, the Netherlands, Romania, & Croatia: CT Market Size, By Service, 2013-2020 ($Million)
Table 70 Rest of Europe: CT Market Size, By Service, 2013-2020 ($Million)
Table 71 Asia-Pacific: CT Market Size, By Country, 2013-2020 ($Million)
Table 72 Asia-Pacific: CT Market Size, By Service, 2013-2020 ($Million)
Table 73 China: CT Market Size, By Service, 2013-2020 ($Million)
Table 74 India: CT Market Size, By Service, 2013-2020 ($Million)
Table 75 Kazakhstan: CT Market Size, By Service, 2013-2020 ($Million)
Table 76 Australia: CT Market Size, By Service, 2013-2020 ($Million)
Table 77 Indonesia, Pakistan, Azerbaijan, Brunei, Turkmenistan, & Uzbekistan: CT Market Size, By Service, 2013-2020 ($Million)
Table 78 Far East & Others: CT Market Size, By Service, 2013-2020 ($Million)
Table 79 Middle East: CT Market Size, By Country, 2013-2020 ($Million)
Table 80 Middle East: CT Market Size, By Service, 2013-2020 ($Million)
Table 81 Saudi Arabia: CT Market Size, By Service, 2013-2020 ($Million)
Table 82 UAE: CT Market Size, By Service, 2013-2020 ($Million)
Table 83 Kuwait: CT Market Size, By Service, 2013-2020 ($Million)
Table 84 Iraq, Oman, & Qatar: CT Market Size, By Service, 2013-2020 ($Million)
Table 85 Rest of Middle East: CT Market Size, By Service, 2013-2020 ($Million)
Table 86 South America: CT Market Size, By Country, 2013-2020 ($Million)
Table 87 South America: CT Market Size, By Service, 2013-2020 ($Million)
Table 88 Brazil: CT Market Size, By Service, 2013-2020 ($Million)
Table 89 Venezuela: CT Market Size, By Service, 2013-2020 ($Million)
Table 90 Argentina: CT Market Size, By Service, 2013-2020 ($Million)
Table 91 Rest of South America: CT Market Size, By Service, 2013-2020 ($Million)
Table 92 Africa: CT Market Size, By Country, 2013-2020 ($Million)
Table 93 Africa: CT Market Size, By Service, 2013-2020 ($Million)
Table 94 Algeria: CT Market Size, By Service, 2013-2020 ($Million)
Table 95 Egypt: CT Market Size, By Service, 2013-2020 ($Million)
Table 96 Nigeria, Angola, & Libya: CT Market Size, By Service, 2013-2020 ($Million)
Table 97 West Africa, Tunisia, Syria, Congo, & Gabon: CT Market Size, By Service, 2013-2020 ($Million)
Table 98 Rest of Africa: CT Market Size, By Service, 2013-2020 ($Million)
Table 99 Mergers & Acquisitions, 2014-2015
Table 100 Expansion, 2014
Table 101 Contracts & Agreements, 2014

List of Figures (49 Figures)

Figure 1 Markets Covered: CT Market
Figure 2 Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 6 Data Triangulation Methodology
Figure 7 CT Market Snapshot (2015 vs. 2020): Middle East is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 8 Well Intervention is the Biggest Market for CT Applications
Figure 9 Global CT Market Size, By Services Type, 2015-2020 ($Million)
Figure 10 Global CT Market Share, 2014*
Figure 11 Africa to Grow at A Fast Pace During the Next Five Years
Figure 12 Emerging Economies Present Promising Markets
Figure 13 The Drilling Segment is Expected to Grow at the Highest Rate During the Forecast Period
Figure 14 Well Intervention Services Market Holds Major Share in Africa
Figure 15 North America Will Remain A Mature Market During the Forecast Period
Figure 16 North America is Expected to Remain Dominant Till 2020
Figure 17 Developing Markets to Grow Two Times Faster Than Developed Markets
Figure 18 Discoveries in Nigeria, Angola, & Libya to Boost the Market
Figure 19 Coiled Tubing Market Segmentation: By Service Type, By Region
Figure 20 Market Segmentation: By Service Type
Figure 21 Market Segmentation: By Region
Figure 22 Coiled Tubing Market Dynamics
Figure 23 Top Ten Energy Consuming Nations, 2013 (MTOE)
Figure 24 Rig Count, By Region
Figure 25 CT Market: Supply Chain Analysis
Figure 26 Porter’s Five Forces Analysis: CT Market
Figure 27 Global CT Active Fleet: Market Share (Volume), By Region, 2014
Figure 28 CT Market Size: By Service, 2015-2020 ($Million)
Figure 29 Well Intervention Market Size, By Type, 2015-2020 ($Million)
Figure 30 Regional Snapshot (2014) - Growing Markets are Emerging as New Hot Spots
Figure 31 Middle East is Expected to the Grow at the Fastest Pace
Figure 32 Companies Adopted Mergers & Acquisitions as the Key Growth Strategy, 2011 – 2014
Figure 33 Schlumberger Ltd. Grew at the Highest Rate From 2011 to 2014
Figure 34 CT Market Share Analysis of Top Companies, By Development Analysis, 2011 - 2014
Figure 35 Market Evaluation Framework
Figure 36 Battle for Market Share: Mergers & Acquisitions is the Key Strategy
Figure 37 Regional Revenue Mix of Top 5 Market Players
Figure 38 Baker Hughes: Company Snapshot
Figure 39 Halliburton Co.: Company Snapshot
Figure 40 Nabors Industries: Company Snapshot
Figure 41 Schlumberger Ltd.: Company Snapshot
Figure 42 Superior Energy Services Inc.: Company Snapshot
Figure 43 Weatherford International: Company Snapshot
Figure 44 Archer Limited: Company Snapshot
Figure 45 C&J Energy Services, Inc.: Company Snapshot
Figure 46 Calfrac Well Services Ltd.: Company Snapshot
Figure 47 Key Energy Services: Company Snapshot
Figure 48 RPC, Inc.: Company Snapshot
Figure 49 Trican: Company Snapshot

Note: Product cover images may vary from those shown
3 of 5

FEATURED COMPANIES

  • Archer (Bermuda),
  • Baker Hughes Inc. (U.S.),
  • Halliburton (U.S.),
  • RPC Inc. (U.S.),
  • Schlumberger Ltd (U.S.),
  • MORE

With the high demand for energy in the African, Middle Eastern, and Asian regions, there has been an increase in exploration activities. This has enhanced the coiled tubing market, which is estimated to grow and reach approximately $4.4 Billion by 2020, at a CAGR of 6-7% from 2015 to 2020.

Coiled Tubing (CT) is a cost effective solution for numerous well workover and intervention applications, which can continuously circulate through the tubing, and the CT pressure control equipment used in treating live wells. The tool string at the bottom of the coil is called as Bottom Hole Assembly (BHA). It can be a simple jetting nozzle to pump chemicals or cement through the coil or large string of logging tools. The coiled tube is straightened before being inserted into a wellbore and is re-spooled back onto the reel after completion of the operation in the wellbore. Key CT service categories include well intervention services, including well completion &well cleaning, and CT drilling among others. Some of the key uses of CT include circulation, pumping, logging, perforation, and production.

Potential increase in recoverable resources and increased exploration, production, and completion activities are the most important drivers for the coiled tubing services market. CT services are used to enhance both oil and natural gas production, while these services are necessary for any type of well to complete it and enhance production. Increasing focus toward natural gas production also require CT services.

North American is the largest market for coiled tubing, followed by Europe. The Middle East and African market continues to be key growth area, given the increasing demand for innovative technology in terms of oil & gas application, which is backed by new investments in the market. Ongoing and upcoming developments in offshore drilling and massive shale exploration and production activities are high-opportunity areas for the coiled tubing market. Growing energy demand and increasing E&P spending are major drivers for the market.

North America is expected to continue its dominance in the CT market in 2015. This dominance is seen mainly due to continuous and large increment in the U.S. exploration and production activities. New and unconventional hydrocarbon recovery and its growth are important reasons for the growth of the coiled tubing market. North America has the highest market share because of favorable regulations in the region.

Exteneded Description

This report estimates the coiled tubing market in terms of value in $Million. This has been segmented into component regions and further split into countries.

A Coil Tubing (CT) unit usually comprises a set of equipment to perform standard continuous-length tubing operations in the oil & gas fields. Coiled tubes are generally made of low-alloy carbon-steel and range from 0.75 inches to 4 inches in diameter, with single reel tubing lengths reaching 30,000 feet with yield strengths ranging from 55,000 PSI to 120,000 PSI.

CT is needed during the completion phase as well during the oil recovery phase. With maturing fields, there is the decline in the production of oil, which draws the attention of exploration & production companies to innovate existing products. This leads to increase in investments in the energy sector, especially in shale gas development projects, leading to a surge in demand in the market for CT.

The size of the overall market is determined by forecast techniques based on CT fleet count, and E&P spending in different regions, which are validated through primary sources. The market is growing at a CAGR of approximately 6% - 7% from 2015 to 2020.

This report also includes leading oil field service provider profiles such as:

Schlumberger Ltd (U.S.), Halliburton (U.S.), Baker Hughes Inc. (U.S.), Archer (Bermuda), C&J Energy Services Inc. (U.S.), Calfrac Well Services Ltd (Canada), Key Energy Services Inc. (U.S.), Nabors Industries Ltd (Bermuda), RPC Inc. (U.S.), Sanjel Corporation (Canada), Superior Energy Services Inc. (U.S.), Trican Well Service Ltd (Canada), and Weatherford International Ltd (Switzerland),

Scope of the report:

This study estimates the global market of CT till 2019. It also offers 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 in the market. It also covers various important aspects of the market including an analysis of the value chain, Porter’s Five Forces model, competitive landscape, market dynamics, market estimates in terms of value, and future trends in the CT 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 CT 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 CT market.
On the basis of services: Well Intervention (well completion & well cleaning) and Drilling.

On the basis of regions: North America, Europe, Latin America, Asia-Pacific, and the Middle-East & Africa.

Note: Product cover images may vary from those shown
4 of 5

- Archer (Bermuda),
- Baker Hughes Inc. (U.S.),
- Calfrac Well Services Ltd (Canada),
- C&J Energy Services Inc. (U.S.),
- Halliburton (U.S.),
- Key Energy Services Inc. (U.S.),
- Nabors Industries Ltd (Bermuda),
- RPC Inc. (U.S.),
- Sanjel Corporation (Canada),
- Schlumberger Ltd (U.S.),
- Superior Energy Services Inc. (U.S.),
- Trican Well Service Ltd (Canada), and
- Weatherford International Ltd (Switzerland),

Note: Product cover images may vary from those shown
5 of 5
Note: Product cover images may vary from those shown

PURCHASING OPTIONS

HAVE A QUESTION?

EMAIL US VIEW FAQs

RELATED PRODUCTS from Db

Our Clients

  • SK Group
  • Halliburton Company
  • Hempel A/S
  • Morrison & Foerster LLP.
  • Vallianz Offshore Marine Pte Ltd.
  • IQPC Worldwide