Global Well Completion Market Top Key Players: GE Oil and Gas (U.S.), Weatherford International (U.S.), Schlumberger (U.S.), Superior Energy Services (U.S.), Pioneer Energy Services Corp. (U.S.), C&J Energy Services Ltd. (U.S.).| Industry Regional Outlook

Market Overview:-

Well completion is a vital process in the field development activity. Economic success of any well development depends majorly on how the well is completed. The well completions define the process of deeming well for a commercial operation. The well starts producing fluids normally after the well completion is deployed successfully. The main function served by well completion process is connecting wellbore and the reservoir mechanically. Well completion process is done with specific equipment and tools, which include coiled tubing, packers, completion fluids, manifolds, wellheads, and blowout preventers.

Segments:

To generate an accurate assessment of the market the well completion market is segmented on the basis of operation, location, type and region.

Operation - fracturing, sand control, liner hanger systems, intelligent wells, packers, valves & others.

Location - land and offshore.

Type - equipment and services.

Region - North America, Europe, Asia-pacific and Middle East and Africa.

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Indusrty Top Key Players:-

The key players of global Well Completion market are GE Oil and Gas (U.S.), Weatherford International (U.S.), Schlumberger (U.S.), Superior Energy Services (U.S.), Pioneer Energy Services Corp. (U.S.), C&J Energy Services Ltd. (U.S.). National Oilwell Varco, Inc. (U.S.), Halliburton (U.S.), Basic Energy Services, Inc. (U.S.), Wild Well Control Inc. (U.S.), Wireline Engineering Ltd. (UK), CGG (France), and SGS (Switzerland) are among others.

Major Points From Table Of Content:-

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective



3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

To be continued....

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Regional Analysis:

North America accounts for the largest market share of the well completion market, which is expected to charge substantially owing to the discoveries of shale reserves. The U.S. also has a large number of private and small oil manufacturers which results in greater demand for well completion market. According to General Electric Company’s Baker Hughes Inc., U.S. oil rig count rose by approximate 42 percent by 2017 compared to 2016 owing to recovery in crude oil prices. Latin America represents another large opportunity due to discoveries of substantial shale and oil reserves in the Amazon basin and Venezuela. Venezuela, Brazil, Mexico are lucrative markets in this region, with Mexico expected to deliver the fastest growth due to development of large number of oil wells in the Gulf of Mexico.

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