After a well goes into production, these events may occur, requiring modification of the well in order to achieve optimal production; this is called well intervention. Many times, at the slightest hint that there may be a problem with a producing well, well intervention solutions are sought. Should these problems be overlooked, the well may reach zero production over time. The problem within the well and the economics of the proposed solution are weighed in deciding how to solve the production problem.
A cost- and time-effective solution for well intervention operations employs coiled tubing. Instead of removing the tubing from the well, which is how workover rigs fix the problem, coiled tubing is inserted into the tubing against the pressure of the well and during production. The coiled tubing is a continuous length of steel or composite tubing that is flexible enough to be wound on a large reel for transportation. The coiled tubing unit is composed of a reel with the coiled tubing, an injector, control console, power supply and well-control stack. The coiled tubing is injected into the existing production string, unwound from the reel and inserted into the well.
Coiled tubing is chosen over conventional straight tubing because conventional tubing has to be screwed together. Additionally, coiled tubing does not require a workover rig. Because coiled tubing is inserted into the well while production is ongoing, it is also a cost-effective choice and can be used on high-pressure wells
2. Research Methodology
3. Market Overview
3.2 Market Size and Demand Forecast to 2023
3.3 Recent Trends and Opportunities
3.4 Government Policies and Regulations
4. Market Dynamics
5. Supply Chain Analysis
6. Porters Five Forces Analysis
7. North America Coiled Tubing Services Market Analysis, by Country
7.1 United States
7.1.1 Market Overview
7.1.2 Market Size and Demand Forecast to 2023
7.2.1 Market Overview
7.2.2 Market Size and Demand Forecast to 2023
7.3 Rest of North America
7.3.1 Market Overview
7.3.2 Market Size and Demand Forecast to 2023
8. North America Coiled Tubing Services Market Analysis, by Service Type
8.4 Well Intervention
9. North America Coiled Tubing Services Market Analysis, by Deployment
10. Company Profiles
10.1 Schlumberger Ltd.
10.3 Baker Hughes Inc.
10.4 Key Energy Services Llc
10.5 Step Energy Services Ltd.
10.6 Weatherford International Plc
10.7 Trican Well Service Ltd.
10.8 Pioneer Energy Services Corporation
10.9 Superior Energy Services Inc.
10.10 Nabor Industries Ltd.
10.11 Calfrac Well Services Ltd.
10.12 Cudd Pressure Control, Inc.
10.13 Archer Well Company Inc.
10.14 Essential Energy Services Ltd.
11. Competitive Landscape
11.1 Mergers & Acquisition
11.2 Joint Ventures, Collaborations and Agreements
- Schlumberger Ltd.
- Baker Hughes Inc.
- Key Energy Services Llc
- Step Energy Services Ltd.
- Weatherford International Plc
- Trican Well Service Ltd.
- Pioneer Energy Services Corporation
- Superior Energy Services Inc.
- Nabor Industries Ltd.
- Calfrac Well Services Ltd.
- Cudd Pressure Control Inc.
- Archer Well Company Inc.
- Essential Energy Services Ltd.