Global Coiled Tubing Services Market 2017-2021 - Product Image

Global Coiled Tubing Services Market 2017-2021

  • ID: 4427336
  • Report
  • Region: Global
  • 83 pages
  • TechNavio
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FEATURED COMPANIES

  • Archer
  • C&J Energy Services
  • Cudd Energy Services
  • Halliburton
  • Nabors Industries
  • Schlumberger
  • MORE
About Coiled Tubing Services

A coiled tubing operation is performed through drilling derrick on an oil platform, which is used to back the surface equipment. Although on platforms with no drilling facilities a self-supporting tower can be utilized. For coiled tubing operations on sub-sea wells, mobile offshore drilling units (MODUS) such as drillship, semi-submersible, etc. must be used to support all the personnel and surface equipment, whereas wireline can be carried out from a lesser and inexpensive intervention vessel. Onshore, wirelines can be run using smaller service rigs, and for light operations, a mobile, self-contained coiled tubing rig can be employed.

The analysts forecast the global coiled tubing services market to grow at a CAGR of 4.00% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global coiled tubing services market for 2017-2021. To calculate the market size, the report considers the new volume of coiled tubing units and excludes aftermarket services.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Coiled Tubing Services 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
  • Archer
  • Baker Hughes
  • Halliburton
  • Schlumberger
  • Superior Energy Services
Other prominent vendors
  • C&J Energy Services
  • Calfrac Well Services
  • Cudd Energy Services
  • Essential Energy Services
  • Key Energy Services
  • Nabors Industries
  • RPC
  • Trican Well Service
  • Weatherford
Market drivers
  • Rising global oil and gas demand
  • For a full, detailed list, view the full report
Market challenges
  • Decline in oil rig count
  • For a full, detailed list, view the full report
Market Trends
  • Changing business models and portfolios
  • 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?
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

  • Archer
  • C&J Energy Services
  • Cudd Energy Services
  • Halliburton
  • Nabors Industries
  • Schlumberger
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION
  • Market outline
PART 05: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 06: MARKET SIZING
  • Market definition
  • Market size and forecast 2016-2021
PART 07: FIVE FORCES ANALYSIS

PART 08: MARKET SEGMENTATION BY APPLICATION
  • Global coiled tubing services market by application
  • Comparison by application
  • Global coiled tubing services market by onshore application
  • Global coiled tubing services market by offshore application
  • Market opportunity by application
PART 09: REGIONAL LANDSCAPE
  • Geographical Segmentation
  • Regional comparison
  • Americas – market size & forecast
  • EMEA – market size & forecast
  • APAC – market size & forecast
  • Market opportunity
PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 12: MARKET TRENDS
  • Changing business models and portfolios
  • Big data analytics in oil and gas industry
  • Rise in deep and ultra-deepwater drilling projects
PART 13: VENDOR LANDSCAPE
  • Competitive scenario
PART 14: VENDOR ANALYSIS
  • Vendor overview
  • Archer
  • Baker Hughes
  • Halliburton
  • Schlumberger
  • Superior Energy Services
PART 15: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Major segments of oil and gas industry
Exhibit 02: Coiled tubing equipment overview
Exhibit 03: Parent market: Global oilfield services market
Exhibit 04: Global Oilfield Services Market
Exhibit 05: Market characteristics
Exhibit 06: Market segments
Exhibit 07: Market definition - Inclusions and exclusions checklist
Exhibit 08: Global coiled tubing services – Market size and forecast 2016-2021 ($ millions)
Exhibit 09: Global – Year over year growth 2017-2021 (%)
Exhibit 10: Five forces analysis
Exhibit 11: Global coiled tubing services market by application, 2016-2021 (%)
Exhibit 12: Comparison by application
Exhibit 13: Global coiled tubing services market by onshore application 2016-2021 ($ millions)
Exhibit 14: Global coiled tubing services market by onshore application – Year over year growth (%)
Exhibit 15: Global coiled tubing services market by offshore application 2016-2021 ($ millions)
Exhibit 16: Global coiled tubing services market by offshore application 2016-2021–Year over year growth (%)
Exhibit 17: Global coiled tubing services market 2016-2021 – market size & forecast (%)
Exhibit 18: Regional comparison
Exhibit 19: Coiled tubing services market in Americas – Market size & forecast ($ millions)
Exhibit 20: Americas – Year over year growth (%)
Exhibit 21: Top 3 countries in Americas
Exhibit 22: Coiled tubing services market segment in EMEA – market size & forecast ($ millions)
Exhibit 23: EMEA – Year over year growth (%)
Exhibit 24: Top 3 countries in EMEA
Exhibit 25: Coiled tubing services market segment in APAC – market size & forecast ($ millions)
Exhibit 26: APAC – Year over year growth (%)
Exhibit 27: Top 3 countries in APAC
Exhibit 28: Global liquid fuel production and consumption 2012-2018 (millions barrel per day)
Exhibit 29: Global tight oil production 2015 and 2040 (mbpd)
Exhibit 30: Global crude oil price, 2007-2017 ($/bbl)
Exhibit 31: Global rig count 2014-2016 (number of rigs)
Exhibit 32: Global renewable investments, 2000-2016 ($ billions)
Exhibit 33: Global electric car stock, 2010-2016 (thousands)
Exhibit 34: Archer: Key services
Exhibit 35: Baker Hughes: Key products/ services
Exhibit 36: Halliburton: Key products/ services
Exhibit 37: Schlumberger: Key products/ services
Exhibit 38: Superior Energy Services: Key products/ services
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FEATURED COMPANIES

  • Archer
  • C&J Energy Services
  • Cudd Energy Services
  • Halliburton
  • Nabors Industries
  • Schlumberger
  • MORE
New Report Released: – Global Coiled Tubing Services Market 2017-2021

The author of the report recognizes the following companies as the key players in the global coiled tubing services market: Archer, Baker Hughes, Halliburton, Schlumberger, and Superior Energy Services

Other Prominent Vendors in the market are: C&J Energy Services, Calfrac Well Services, Cudd Energy Services, Essential Energy Services, Key Energy Services, Nabors Industries, RPC, Trican Well Service, and Weatherford.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Changing business models and portfolios. The model of a solitary integrated company, developing and discovering an oil or gas field and continuing the operation until the reservoir is depleted, is being exchanged by alliances and changes in ownership designed to guarantee that the company is able to extract most of its value and manages the field in critical stages.”

According to the report, one of the major drivers for this market is Rising global oil and gas demand. According to the US Energy Information Administration, global liquid fuel consumption stood at 96.47 mbpd in 2016 compared with 86.43 mbpd in 2007. Global liquid fuel consumption grew at an annual rate of 1.23% between 2007 and 2016 and is expected to grow at a rapid rate during the forecast period. According to the US Energy Information Administration, the crude oil price dropped from over $110/bbl. in June 2014 to as low as $30/bbl. in January 2016, resulting in reduced fuel prices and increased fuel consumption. The crude oil price was $51.59/bbl in September 2017. Oil producers, especially OPEC countries, need to increase their production or venture into drilling new wells to meet the rising fuel demand. Most of the oil-producing countries do not have large additional capacities; hence, to meet the high fuel demand, they will require oil companies to explore and drill greenfield wells in new and existing oil fields. New drilling ventures will increase the demand for oilfield services.

Further, the report states that one of the major factors hindering the growth of this market is Decline in oil rig count. The volatile nature of crude oil prices may lead to uncertain price spikes or fall in the future, which can cause disruption and huge monetary losses for the oil and gas service provider companies. For instance, global crude oil prices witnessed a histrionic fall in July 2014, which had severely impacted the upstream oil and gas segment. This led to a reduction in drilling activities, which was reflected by the fall in rig count worldwide. The global rig count fell by 31.8% from 2015 to 2016, and by 55.5% from 2014 to 2016.

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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  • Archer
  • Baker Hughes
  • Halliburton
  • Schlumberger
  • Superior Energy Services
  • C&J Energy Services
  • Calfrac Well Services
  • Cudd Energy Services
  • Essential Energy Services
  • Key Energy Services
  • Nabors Industries
  • RPC
  • Trican Well Service
  • Weatherford
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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