Global Well Completion Equipment Market 2017-2021

  • ID: 4143945
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • American Completion Tools
  • Cosmic Petro Services
  • Emerson Electric
  • Halliburton
  • National Oilwell Varco
  • Superior Energy Services
  • MORE
About Well Completion Equipment

Well completion refers to well activities that make a well capable of production of hydrocarbons. It primarily involves conditioning the well bottom to the required specification. Well completion incorporates steps like running the production casing and tubing, perforation, assembling sand control systems (gravel packing and screens), placing a liner, and installing well head equipment (production tree); this may also involve bottom hole production cementing.

The analysts forecast the global well completion equipment market to grow at a CAGR of 2.51% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global well completion equipment market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Well Completion Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Baker Hughes
- Halliburton
- Schlumberger
- Weatherford
- Welltec

Other prominent vendors
- American Completion Tools
- Caledyne
- Cosmic Petro Services
- Crossover
- D&L Oil Tools
- DEW Wartungs- und Reparatur
- Drilling Innovative Solutions
- ESPCT
- Evolution Oil Tools
- National Oilwell Varco
- Statoil
- Salym Petroleum Development
- Woodside
- Emerson Electric
- INTECH Process Automation
- Nabors Industries
- Superior Energy Services
- Trican Well Service

Market drivers
- Increase in efficient multi-stage fracturing systems.
- For a full, detailed list, view the full report

Market challenges
- Uncertainties associated with low crude oil prices.
- For a full, detailed list, view the full report

Market trends
- Increase in global natural gas production.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the Key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • American Completion Tools
  • Cosmic Petro Services
  • Emerson Electric
  • Halliburton
  • National Oilwell Varco
  • Superior Energy Services
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
  • Technology Overview
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by application
  • Global well completion equipment market by application
  • Global well completion equipment market by onshore application
  • Global well completion equipment market by offshore application
PART 07: Market segmentation by product type
  • Global well completion equipment market by product type
  • Global well completion equipment market by production casing and tubing
  • Global well completion equipment market by well stimulation tools
  • Global well completion equipment market by well head equipment
  • Global well completion equipment market by packers
PART 08: Geographical segmentation
  • Global well completion equipment market by geography
  • Well completion equipment market in Americas
  • Well completion equipment market in APAC
  • Well completion equipment market in EMEA
PART 09: Market drivers
  • Growing number of global offshore production projects
  • Improvement of recovery rates in mature assets
  • Increasing efficient multistage fracturing systems
  • Expanding number of unconventional exploration and production
  • Migration of drilling into unconventional areas
PART 10: Impact of drivers

PART 11: Market challenges
  • Uncertainties associated with low crude oil prices
  • Hurdle of complexity in carbonate reservoirs
  • Difficulty in technology development for HPHT operations
PART 12: Impact of drivers and challenges

PART 13: Market trends
  • Increase in global natural gas production
  • Greater use of remote technology
  • Customized well completion systems
PART 14: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 15: Key vendor analysis
  • Baker Hughes
  • Halliburton
  • Schlumberger
  • Weatherford
  • Welltec
PART 16: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Different stages in a typical petroleum value chain
Exhibit 02: Stages of petroleum upstream activities
Exhibit 03: Global well completion equipment market
Exhibit 04: Global well completion equipment market 2016-2021 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Global well completion equipment market by application 2016-2021 (%)
Exhibit 07: Global well completion equipment market by application 2016-2021 ($ billions)
Exhibit 08: Global well completion equipment market by onshore application 2016-2021 ($ billions)
Exhibit 09: Global well completion equipment market by offshore application 2016-2021 ($ billions)
Exhibit 10: Global well completion equipment market by product type 2016-2021 (%)
Exhibit 11: Global well completion equipment market by product type 2016-2021 ($ billions)
Exhibit 12: Global well completion equipment market by production casing and tubing 2016-2021 ($ billions)
Exhibit 13: Global well completion equipment market by well stimulation tools 2016-2021 ($ billions)
Exhibit 14: Global well completion equipment market by well head equipment 2016-2021 ($ billions)
Exhibit 15: Global well completion equipment market by packers 2016-2021 ($ billions)
Exhibit 16: Global well completion equipment market by others 2016-2021 ($ billions)
Exhibit 17: Global well completion equipment market by geography 2016-2021 (%)
Exhibit 18: Global well completion equipment market by geography 2016-2021 ($ billions)
Exhibit 19: Well completion equipment market in Americas 2016-2021 ($ billions)
Exhibit 20: Well completion equipment market in APAC 2016-2021 ($ billions)
Exhibit 21: Well completion equipment market in EMEA 2016-2021 ($ billions)
Exhibit 22: International shale gas reserves
Exhibit 23: Oil and natural gas produced from tight oil and shale gas in US 2005-2020 (%)
Exhibit 24: Impact of drivers
Exhibit 25: Global crude oil price volatility over last decade 2007-2016 ($ per barrel)
Exhibit 26: Operating conditions of high temperature and high pressure oil and gas exploration and production zones
Exhibit 27: Impact of drivers and challenges
Exhibit 28: World natural gas consumption 2012-2040 (trillion cubic feet)
Exhibit 29: Global increase in natural gas production by country grouping 2012-2040 (trillion cubic feet)
Exhibit 30: Baker Hughes: Key product offerings
Exhibit 31: Baker Hughes: Key developments
Exhibit 32: Halliburton: Key product offerings
Exhibit 33: Halliburton: Key developments
Exhibit 34: Schlumberger: Key product offerings
Exhibit 35: Schlumberger: Key developments
Exhibit 36: Weatherford: Key product offerings
Exhibit 37: Weatherford: Key developments
Exhibit 38: Welltec: Key product offerings
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • American Completion Tools
  • Cosmic Petro Services
  • Emerson Electric
  • Halliburton
  • National Oilwell Varco
  • Superior Energy Services
  • MORE
New Report Released: – Global Well Completion Equipment Market 2017-2021

The author of the report recognizes the following companies as the key players in the global well completion equipment market: Baker Hughes, Halliburton, Schlumberger, Weatherford, and Welltec.

Other Prominent Vendors in the market are: American Completion Tools, Caledyne, Cosmic Petro Services, Crossover, D&L Oil Tools, DEW Wartungs- und Reparatur, Drilling Innovative Solutions, ESPCT, Evolution Oil Tools, National Oilwell Varco, Statoil, Salym Petroleum Development, Woodside, Emerson Electric, INTECH Process Automation, Nabors Industries, Superior Energy Services, and Trican Well Service.

Commenting on the report, an analyst from the research team said: “One trend in market is increase in global natural gas production. As per the IEA, the natural gas production is projected to increase from 120 Tcf in 2012 to 203 Tcf in 2040. Even by energy source, natural gas accounts for the largest market share in the world when it comes to primary energy consumption. There are abundant natural gas resources and in terms of competition, natural gas has a strong position. There is a high demand for natural gas as it is the major fuel for electric power generation in the industrial sector. The global consumption for natural gas in industrial use is increasing by an average of 1.7% per year, and in electricity generation, it is slated to increase by 2.2% per year from 2012 to 2040.”

According to the report, one driver in market is growing number of global offshore production projects. E&P companies continue to discover reservoirs in a bid to meet the market demand for petroleum products. For instance, in 2015, Petrobras and Oil and Natural Gas Corporation (ONGC) found a new reservoir of light oil in deep waters off the coast of the northern state of Sergipe, Brazil. However, in the recent years, growth in the oil and gas industry has declined owing to reductions in oil prices. Such declines have caused the discoveries of new oil and gas reservoirs to drop to the lowest level.

Further, the report states that one challenge in market is complexity in carbonate reservoirs. More than 60% of the global oil and 40% of the global gas reserves are found in carbonate reservoirs. For instance, the Middle East is almost entirely covered with carbonate fields, with around 70% crude oil and 90% natural gas in total of the reserves held within the region. Carbonates show hugely altering properties, such as permeability, porosity, and flow mechanisms within small sectors of the reservoir, thereby making their characterization difficult. A focused plan is required to adequately understand the heterogeneous nature of the reservoir rock holding the hydrocarbon fluids and the flow characteristics of the porous and usually fractured formations. Here, detailed knowledge is required in terms of fluid saturation, permeability, pore size distribution, rock texture, natural fracture systems, and reservoir rock type at different scales.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Baker Hughes
  • Halliburton
  • Schlumberger
  • Weatherford
  • Welltec
  • American Completion Tools
  • Caledyne
  • Cosmic Petro Services
  • Crossover
  • D&L Oil Tools
  • DEW Wartungs- und Reparatur
  • Drilling Innovative Solutions
  • ESPCT
  • Evolution Oil Tools
  • National Oilwell Varco
  • Statoil
  • Salym Petroleum Development
  • Woodside
  • Emerson Electric
  • INTECH Process Automation
  • Nabors Industries
  • Superior Energy Services
  • Trican Well Service
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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