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Africa Well Completion Equipment and Services Market - Opportunities and Forecasts, 2017 - 2023

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    Report

  • September 2019
  • Region: Africa
  • Allied Market Research
  • ID: 3773084
Well completion is a process of making a drilled well ready for production of oil & gas. Well completion equipment is used to reduce installation time, costs, and risks. Well completion services involve casing, perforating, cementing, gravel packing, and installation of a production tree. The level of production and problems in equipment & well are determined using well completion services. It helps to decrease formation damage, reduce operational cost, and increase production.

Development of new fields and rise in investments in exploration & production activities are factors driving the growth of the Africa well completion equipment and services market. However, strict government regulations and environmental constraints are factors obstructing the growth of the market. Focus on deep-water drilling and increasing investments present opportunities for growth in the market.The Africa well completion equipment and services market is segmented based on types and countries. The types covered in the report include packers, sand control tools, linear hangers, multi-stage frac tools, smart wells, safety valves, and others. Geographically, the market is divided into counties, such as Angola, Nigeria, Egypt, and Libya.

The prominent manufacturers operating in the market are Weatherford International PLC, Superior Energy Services Inc., Baker Hughes Inc., Schlumberger, and Halliburton. They have adopted various strategies, such as new product launches, expansions and partnerships, agreements, joint ventures, and others to strengthen their position in the market.

KEY BENEFITS FOR STAKEHOLDERS:

The report offers an extensive analysis of key driving and restraining factors of the Africa well completion equipment and 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 Africa well completion equipment and 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 Africa well completion equipment and 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 Africa well completion equipment and services market is segmented into Angola, Nigeria, Egypt, and Libya.

KEY MARKET SEGMENTS:

By Type

Packers
Sand Control Tools
Linear Hangers
Multi-Stage Frac Tools
Smart Wells
Safety Valves
Others

By Country

Angola
Nigeria
Egypt
Libya

KEY MARKET PLAYERS:

Weatherford International PLC
Superior Energy Services Inc.
Schlumberger
Baker Hughes Inc.
Halliburton

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.

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