Press release
Wireline Services Market Share, Industry Size , Growth Strategies Adopted By Major Top 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
Market Overview:-The oil industry has witnessed sharp downswings post-oil price shock that happened post-April 2014. The prices are settling now with sustaining supply-demand balance along with other macroeconomic factors. The upstream industry is standing up again and continuous efforts on new oilfield discoveries and exploratory activities are being carried out. The oilfield service industry is completely dependent on upstream operations thus, which, will benefit wireline service industry . Wireline service industry is, thereby, expected to witness a continuous growth during the forecast period.
Wireline service market is expected to expand due to various factors that drive the market. The factors include, oil price recovery, increasing oil exploration and field development activities, rising number of mature oil wells. For instance, there has been a significant discovery by Westwood Energy Group in offshore deep-water in Atlantic region in Guyana.
Segments:
To generate a detailed understanding of the wire line services market the report has been segmented on the basis of
Application - completion, intervention and logging.
Type - E- lines and slicklines.
Well type - cased wells and open wells.
Location – offshore and onshore.
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Indusrty Top Key Players:-
The key players of global wireline services 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.), and National Oilwell Varco, Inc. (U.S.). Halliburton (U.S.), Basic Energy Services, Inc. (U.S.), Expro International Group Holding Ltd. (UK), Wireline Engineering Ltd. (UK), Oilserv (UAE), 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
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
To be continued....
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Regional Analysis:
Middle East and Asia-Pacific regions are anticipated to be the fastest growing market owing to growing economic clout and industrialization. Malaysia, Australia, and Indonesia are key markets in the Asia-Pacific region with a large opportunity due to discoveries of oil in the South China Sea. Other Asian countries providing opportunities are Turkmenistan, Kazakhstan and others.
South and Central America, are another lucrative markets owing to discovery and development of a number of mature onshore and offshore projects. Brazil, Venezuela and Mexico are expected to be the largest markets in the Latin America and South America regions, while Argentina provides a large opportunity due to discovery of shale gas. Liberalization of the Mexican oil & gas industry is expected to provide an impetus while the worsening economic and political conditions in Venezuela are critical threats to the market.
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