+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Asia Pacific Well Intervention Services Market - Opportunities and Forecasts, 2017 - 2023

  • PDF Icon

    Report

  • September 2019
  • Region: Asia Pacific
  • Allied Market Research
  • ID: 3773071
Well intervention is an operation performed on the gas or oil well to improve its lifespan and performance. Blowout recovery operations, milling inside tubing, and deploying perforating guns are some of the operations performed in well intervention process. It is required to restore changing reservoir conditions, gain quick access to subsea wells, and pump chemicals at the bottom of a well. The elimination of well blockages, pulling production strings, and replacement of parts is carried out to improve performance of the well.

Increase in energy demand and revitalization of aging brown field wells are factors propelling the growth of the market. However, high environmental risks and stringent government regulations are factors obstructing the growth of the market. On the other hand, demand for well intervention in subsea opens up opportunities in the market.

The Asia-Pacific well intervention services market is segmented based on service type, applications, and countries. The service type segment is further classified into logging & bottom hole survey, tubing/packer failure & repair, stimulation, artificial lift, and others. The market is further divided based on applications into onshore and offshore. The countries such as China, Australia, India, Indonesia, Malaysia, and others are expected to experience tremendous growth.

The prominent companies operating in the market are Weatherford International PLC, Schlumberger Ltd., Halliburton Co., FMC Technologies, Nabors Industries Limited, Archer Limited, Expro International Group Holdings Ltd., Baker Hughes Inc., and Aker Solutions ASA. They have adopted strategies, such as new product launches, expansions, agreements, partnerships, joint ventures, collaborations, and others to gain stronghold of the market.

KEY BENEFITS FOR STAKEHOLDERS:

The report offers an extensive analysis of key driving and restraining factors of the Asia-Pacific well intervention services market.
This report offers an in-depth quantitative analysis of the current market and estimations through 2015 and 2020, which assists in identifying the prevailing market opportunities.
The report provides an extensive analysis of current and future market status of the Asia-Pacific well intervention services market.
An in-depth analysis of key strategies adopted by leading manufacturers helps in understanding competitive scenario.
A comprehensive analysis of current research and clinical developments within the Asia-Pacific well intervention services market is provided with key market dynamic factors that helps in understanding the behaviour of the market.
Competitive intelligence (of leading manufacturers and distributors of plasma fractionation) helps in understanding the competitive scenario across geographies.
Geographically, the Asia-Pacific well intervention services market is segmented into China, Australia, India, Indonesia, Malaysia, and others.

ASIA-PACIFIC WELL INTERVENTION SERVICES MARKET KEY SEGMENTS:

The Asia-Pacific Well Intervention Services Market By Service Type

Logging & Bottom Hole Survey
Tubing/Packer Failure & Repair
Stimulation
Artificial Lift
Others

The Asia-Pacific Well Intervention Services Market By Application

Onshore
Offshore

The Asia-Pacific Well Intervention Services Market By Country

China
Australia
India
Indonesia
Malaysia
Others

Key Market Player:

Weatherford International PLC
Schlumberger Ltd.
Baker Hughes Inc.
Halliburton Co.
Nabors Industries Limited
Archer Limited
FMC Technologies
Expro International Group Holdings Ltd.
Aker Solutions ASA

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

Loading
LOADING...