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Well Testing Services Market Research Report by Services, Application, State - United States Forecast to 2027 - Cumulative Impact of COVID-19

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    Report

  • 154 Pages
  • October 2022
  • Region: United States
  • 360iResearch™
  • ID: 5124598
UP TO OFF until Dec 31st 2022
The United States Well Testing Services Market size was estimated at USD 1,764.81 million in 2021, USD 1,974.19 million in 2022, and is projected to grow at a CAGR of 8.37% to reach USD 2,859.37 million by 2027.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.

Market Segmentation & Coverage:

This research report categorizes the Well Testing Services to forecast the revenues and analyze the trends in each of the following sub-markets:
  • Based on Services, the market was studied across Downhole Testing Service, Real Time Well Testing Service, Reservoir Sampling Service, and Surface Well Testing Service.
  • Based on Application, the market was studied across Offshore and Onshore.
  • Based on State, the market was studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas.

Cumulative Impact of COVID-19:

COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. This ongoing research amplifies This research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Cumulative Impact of 2022 Russia Ukraine Conflict:

The publisher continuously monitors and update reports on political and economic uncertainty due to the Russian invasion of Ukraine. Negative impacts are significantly foreseen globally, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States. This contention has severely affected lives and livelihoods and represents far-reaching disruptions in trade dynamics. The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on the world economy, with especially long-term harsh effects on Russia.This report uncovers the impact of demand & supply, pricing variants, strategic uptake of vendors, and recommendations for Well Testing Services market considering the current update on the conflict and its global response.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Well Testing Services Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:

The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor's strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:

The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the United States Well Testing Services Market, including Abraj Energy Services SAOC, AGR Group ASA, Baker Hughes Company, CETCO Energy Services Company LLC, Emerson Automation Solutions, Expro Group, Expro International Group Ltd, FMC Technologies Inc., Greene's Energy Group, LLC, Halliburton Company, Helix Energy Solutions Group Inc., MB Petroleum Services LLC, Mineral Technologies Inc., National Energy Services Reunited Corp (NESR), Oil States International Inc, PTS Production Technology & Services Inc., PW Well Test Ltd, Rockwater Energy Solutions Inc., Schlumberger Limited, SGS S.A., TechnipFMC plc, Testalta Services Ltd, Tetra Technologies Inc, The Integra Group, Inc., and Weatherford International Ltd.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the United States Well Testing Services Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the United States Well Testing Services Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the United States Well Testing Services Market?
4. What is the competitive strategic window for opportunities in the United States Well Testing Services Market?
5. What are the technology trends and regulatory frameworks in the United States Well Testing Services Market?
6. What is the market share of the leading vendors in the United States Well Testing Services Market?
7. What modes and strategic moves are considered suitable for entering the United States Well Testing Services Market?
Frequently Asked Questions about the U.S. Well Testing Services Market

What is the estimated value of the U.S. Well Testing Services Market?

The U.S. Well Testing Services Market was estimated to be valued at $1764.81 Million in 2021.

What is the growth rate of the U.S. Well Testing Services Market?

The growth rate of the U.S. Well Testing Services Market is 8.3%, with an estimated value of $2859.37 Million by 2027.

What is the forecasted size of the U.S. Well Testing Services Market?

The U.S. Well Testing Services Market is estimated to be worth $2859.37 Million by 2027.

Who are the key companies in the U.S. Well Testing Services Market?

Key companies in the U.S. Well Testing Services Market include Abraj Energy Services SAOC, AGR Group ASA, Baker Hughes Company, CETCO Energy Services Company LLC, Emerson Automation Solutions, Expro Group, Expro International Group Ltd, FMC Technologies Inc. and Halliburton Company.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Opportunities
5.1.4. Challenges
5.2. Cumulative Impact of COVID-19
6. Well Testing Services Market, by Services
6.1. Introduction
6.2. Downhole Testing Service
6.3. Real Time Well Testing Service
6.4. Reservoir Sampling Service
6.5. Surface Well Testing Service
7. Well Testing Services Market, by Application
7.1. Introduction
7.2. Offshore
7.3. Onshore
8. California Well Testing Services Market
8.1. Introduction
9. Florida Well Testing Services Market
9.1. Introduction
10. Illinois Well Testing Services Market
10.1. Introduction
11. New York Well Testing Services Market
11.1. Introduction
12. Ohio Well Testing Services Market
12.1. Introduction
13. Pennsylvania Well Testing Services Market
13.1. Introduction
14. Texas Well Testing Services Market
14.1. Introduction
15. Competitive Landscape
15.1. FPNV Positioning Matrix
15.1.1. Quadrants
15.1.2. Business Strategy
15.1.3. Product Satisfaction
15.2. Market Ranking Analysis, By Key Player
15.3. Market Share Analysis, By Key Player
15.4. Competitive Scenario
15.4.1. Merger & Acquisition
15.4.2. Agreement, Collaboration, & Partnership
15.4.3. New Product Launch & Enhancement
15.4.4. Investment & Funding
15.4.5. Award, Recognition, & Expansion
16. Company Usability Profiles
16.1. Abraj Energy Services SAOC
16.1.1. Business Overview
16.1.2. Key Executives
16.1.3. Product & Services
16.2. AGR Group ASA
16.2.1. Business Overview
16.2.2. Key Executives
16.2.3. Product & Services
16.3. Baker Hughes Company
16.3.1. Business Overview
16.3.2. Key Executives
16.3.3. Product & Services
16.4. CETCO Energy Services Company LLC
16.4.1. Business Overview
16.4.2. Key Executives
16.4.3. Product & Services
16.5. Emerson Automation Solutions
16.5.1. Business Overview
16.5.2. Key Executives
16.5.3. Product & Services
16.6. Expro Group
16.6.1. Business Overview
16.6.2. Key Executives
16.6.3. Product & Services
16.7. Expro International Group Ltd
16.7.1. Business Overview
16.7.2. Key Executives
16.7.3. Product & Services
16.8. FMC Technologies Inc.
16.8.1. Business Overview
16.8.2. Key Executives
16.8.3. Product & Services
16.9. Greene's Energy Group, LLC
16.9.1. Business Overview
16.9.2. Key Executives
16.9.3. Product & Services
16.10. Halliburton Company
16.10.1. Business Overview
16.10.2. Key Executives
16.10.3. Product & Services
16.11. Helix Energy Solutions Group Inc.
16.11.1. Business Overview
16.11.2. Key Executives
16.11.3. Product & Services
16.12. MB Petroleum Services LLC
16.12.1. Business Overview
16.12.2. Key Executives
16.12.3. Product & Services
16.13. Mineral Technologies Inc.
16.13.1. Business Overview
16.13.2. Key Executives
16.13.3. Product & Services
16.14. National Energy Services Reunited Corp (NESR)
16.14.1. Business Overview
16.14.2. Key Executives
16.14.3. Product & Services
16.15. Oil States International Inc
16.15.1. Business Overview
16.15.2. Key Executives
16.15.3. Product & Services
16.16. PTS Production Technology & Services Inc.
16.16.1. Business Overview
16.16.2. Key Executives
16.16.3. Product & Services
16.17. PW Well Test Ltd
16.17.1. Business Overview
16.17.2. Key Executives
16.17.3. Product & Services
16.18. Rockwater Energy Solutions Inc.
16.18.1. Business Overview
16.18.2. Key Executives
16.18.3. Product & Services
16.19. Schlumberger Limited
16.19.1. Business Overview
16.19.2. Key Executives
16.19.3. Product & Services
16.20. SGS S.A.
16.20.1. Business Overview
16.20.2. Key Executives
16.20.3. Product & Services
16.21. TechnipFMC plc
16.21.1. Business Overview
16.21.2. Key Executives
16.21.3. Product & Services
16.22. Testalta Services Ltd
16.22.1. Business Overview
16.22.2. Key Executives
16.22.3. Product & Services
16.23. Tetra Technologies Inc
16.23.1. Business Overview
16.23.2. Key Executives
16.23.3. Product & Services
16.24. The Integra Group, Inc.
16.24.1. Business Overview
16.24.2. Key Executives
16.24.3. Product & Services
16.25. Weatherford International Ltd
16.25.1. Business Overview
16.25.2. Key Executives
16.25.3. Product & Services
17. Appendix
17.1. Discussion Guide
17.2. License & Pricing
List of Figures
FIGURE 1. UNITED STATES WELL TESTING SERVICES MARKET: RESEARCH PROCESS
FIGURE 2. UNITED STATES WELL TESTING SERVICES MARKET SIZE, 2021 VS 2027
FIGURE 3. UNITED STATES WELL TESTING SERVICES MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 4. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY STATE, 2021 VS 2027 (%)
FIGURE 5. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 6. UNITED STATES WELL TESTING SERVICES MARKET COMPETITIVE STRATEGIC WINDOW, BY STATE, 2027
FIGURE 7. UNITED STATES WELL TESTING SERVICES MARKET DYNAMICS
FIGURE 8. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY SERVICES, 2021 VS 2027 (%)
FIGURE 9. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY SERVICES, 2021 VS 2027 (USD MILLION)
FIGURE 10. UNITED STATES WELL TESTING SERVICES MARKET COMPETITIVE STRATEGIC WINDOW, BY SERVICES, 2027
FIGURE 11. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY DOWNHOLE TESTING SERVICE, 2018-2027 (USD MILLION)
FIGURE 12. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY REAL TIME WELL TESTING SERVICE, 2018-2027 (USD MILLION)
FIGURE 13. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY RESERVOIR SAMPLING SERVICE, 2018-2027 (USD MILLION)
FIGURE 14. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY SURFACE WELL TESTING SERVICE, 2018-2027 (USD MILLION)
FIGURE 15. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY APPLICATION, 2021 VS 2027 (%)
FIGURE 16. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY APPLICATION, 2021 VS 2027 (USD MILLION)
FIGURE 17. UNITED STATES WELL TESTING SERVICES MARKET COMPETITIVE STRATEGIC WINDOW, BY APPLICATION, 2027
FIGURE 18. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY OFFSHORE, 2018-2027 (USD MILLION)
FIGURE 19. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY ONSHORE, 2018-2027 (USD MILLION)
FIGURE 20. CALIFORNIA WELL TESTING SERVICES MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 21. FLORIDA WELL TESTING SERVICES MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 22. ILLINOIS WELL TESTING SERVICES MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 23. NEW YORK WELL TESTING SERVICES MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 24. OHIO WELL TESTING SERVICES MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 25. PENNSYLVANIA WELL TESTING SERVICES MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 26. TEXAS WELL TESTING SERVICES MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 27. UNITED STATES WELL TESTING SERVICES MARKET: FPNV POSITIONING MATRIX, 2021
FIGURE 28. UNITED STATES WELL TESTING SERVICES MARKET SHARE, BY KEY PLAYER, 2021
FIGURE 29. UNITED STATES WELL TESTING SERVICES MARKET COMPETITIVE SCENARIO, BY KEY TYPE, 2021
List of Tables
TABLE 1. UNITED STATES WELL TESTING SERVICES MARKET SEGMENTATION & COVERAGE
TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2018-2021
TABLE 3. UNITED STATES WELL TESTING SERVICES MARKET SIZE, 2018-2027 (USD MILLION)
TABLE 4. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY STATE, 2018-2027 (USD MILLION)
TABLE 5. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY SERVICES, 2018-2027 (USD MILLION)
TABLE 6. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY DOWNHOLE TESTING SERVICE, 2018-2027 (USD MILLION)
TABLE 7. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY DOWNHOLE TESTING SERVICE, BY STATE, 2018-2027 (USD MILLION)
TABLE 8. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY REAL TIME WELL TESTING SERVICE, 2018-2027 (USD MILLION)
TABLE 9. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY REAL TIME WELL TESTING SERVICE, BY STATE, 2018-2027 (USD MILLION)
TABLE 10. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY RESERVOIR SAMPLING SERVICE, 2018-2027 (USD MILLION)
TABLE 11. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY RESERVOIR SAMPLING SERVICE, BY STATE, 2018-2027 (USD MILLION)
TABLE 12. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY SURFACE WELL TESTING SERVICE, 2018-2027 (USD MILLION)
TABLE 13. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY SURFACE WELL TESTING SERVICE, BY STATE, 2018-2027 (USD MILLION)
TABLE 14. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY APPLICATION, 2018-2027 (USD MILLION)
TABLE 15. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY OFFSHORE, 2018-2027 (USD MILLION)
TABLE 16. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY OFFSHORE, BY STATE, 2018-2027 (USD MILLION)
TABLE 17. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY ONSHORE, 2018-2027 (USD MILLION)
TABLE 18. UNITED STATES WELL TESTING SERVICES MARKET SIZE, BY ONSHORE, BY STATE, 2018-2027 (USD MILLION)
TABLE 19. CALIFORNIA WELL TESTING SERVICES MARKET SIZE, 2018-2027 (USD MILLION)
TABLE 20. CALIFORNIA WELL TESTING SERVICES MARKET SIZE, BY SERVICES, 2018-2027 (USD MILLION)
TABLE 21. CALIFORNIA WELL TESTING SERVICES MARKET SIZE, BY APPLICATION, 2018-2027 (USD MILLION)
TABLE 22. FLORIDA WELL TESTING SERVICES MARKET SIZE, 2018-2027 (USD MILLION)
TABLE 23. FLORIDA WELL TESTING SERVICES MARKET SIZE, BY SERVICES, 2018-2027 (USD MILLION)
TABLE 24. FLORIDA WELL TESTING SERVICES MARKET SIZE, BY APPLICATION, 2018-2027 (USD MILLION)
TABLE 25. ILLINOIS WELL TESTING SERVICES MARKET SIZE, 2018-2027 (USD MILLION)
TABLE 26. ILLINOIS WELL TESTING SERVICES MARKET SIZE, BY SERVICES, 2018-2027 (USD MILLION)
TABLE 27. ILLINOIS WELL TESTING SERVICES MARKET SIZE, BY APPLICATION, 2018-2027 (USD MILLION)
TABLE 28. NEW YORK WELL TESTING SERVICES MARKET SIZE, 2018-2027 (USD MILLION)
TABLE 29. NEW YORK WELL TESTING SERVICES MARKET SIZE, BY SERVICES, 2018-2027 (USD MILLION)
TABLE 30. NEW YORK WELL TESTING SERVICES MARKET SIZE, BY APPLICATION, 2018-2027 (USD MILLION)
TABLE 31. OHIO WELL TESTING SERVICES MARKET SIZE, 2018-2027 (USD MILLION)
TABLE 32. OHIO WELL TESTING SERVICES MARKET SIZE, BY SERVICES, 2018-2027 (USD MILLION)
TABLE 33. OHIO WELL TESTING SERVICES MARKET SIZE, BY APPLICATION, 2018-2027 (USD MILLION)
TABLE 34. PENNSYLVANIA WELL TESTING SERVICES MARKET SIZE, 2018-2027 (USD MILLION)
TABLE 35. PENNSYLVANIA WELL TESTING SERVICES MARKET SIZE, BY SERVICES, 2018-2027 (USD MILLION)
TABLE 36. PENNSYLVANIA WELL TESTING SERVICES MARKET SIZE, BY APPLICATION, 2018-2027 (USD MILLION)
TABLE 37. TEXAS WELL TESTING SERVICES MARKET SIZE, 2018-2027 (USD MILLION)
TABLE 38. TEXAS WELL TESTING SERVICES MARKET SIZE, BY SERVICES, 2018-2027 (USD MILLION)
TABLE 39. TEXAS WELL TESTING SERVICES MARKET SIZE, BY APPLICATION, 2018-2027 (USD MILLION)
TABLE 40. UNITED STATES WELL TESTING SERVICES MARKET: FPNV POSITIONING MATRIX - SCORES, 2021
TABLE 41. UNITED STATES WELL TESTING SERVICES MARKET: FPNV POSITIONING MATRIX - BUSINESS STRATEGY, 2021
TABLE 42. UNITED STATES WELL TESTING SERVICES MARKET: FPNV POSITIONING MATRIX - PRODUCT SATISFACTION, 2021
TABLE 43. UNITED STATES WELL TESTING SERVICES MARKET RANKING, BY KEY PLAYER, 2021
TABLE 44. UNITED STATES WELL TESTING SERVICES MARKET SHARE, BY KEY PLAYER, 2021
TABLE 45. UNITED STATES WELL TESTING SERVICES MARKET MERGER & ACQUISITION
TABLE 46. UNITED STATES WELL TESTING SERVICES MARKET AGREEMENT, COLLABORATION, & PARTNERSHIP
TABLE 47. UNITED STATES WELL TESTING SERVICES MARKET NEW PRODUCT LAUNCH & ENHANCEMENT
TABLE 48. UNITED STATES WELL TESTING SERVICES MARKET INVESTMENT & FUNDING
TABLE 49. UNITED STATES WELL TESTING SERVICES MARKET AWARD, RECOGNITION, & EXPANSION
TABLE 50. UNITED STATES WELL TESTING SERVICES MARKET: LICENSE & PRICING

Samples

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Companies Mentioned

  • Abraj Energy Services SAOC
  • AGR Group ASA
  • Baker Hughes Company
  • CETCO Energy Services Company LLC
  • Emerson Automation Solutions
  • Expro Group
  • Expro International Group Ltd
  • FMC Technologies Inc.
  • Greene's Energy Group, LLC
  • Halliburton Company
  • Helix Energy Solutions Group Inc.
  • MB Petroleum Services LLC
  • Mineral Technologies Inc.
  • National Energy Services Reunited Corp (NESR)
  • Oil States International Inc
  • PTS Production Technology & Services Inc.
  • PW Well Test Ltd
  • Rockwater Energy Solutions Inc.
  • Schlumberger Limited
  • SGS S.A.
  • TechnipFMC plc
  • Testalta Services Ltd
  • Tetra Technologies Inc
  • The Integra Group, Inc.
  • Weatherford International Ltd

Methodology

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