Sand Control Systems Market Key Growth Strategies Analysis, Industry New Tech Development by Forecast 2023

Sand Control Systems Market Overview:-

The sand control systems market is growing at a high pace and is expected to continue grow at the same pace over the forecast period. Due to fluctuating prices of crude oil, global sand control systems market is gaining traction from the major oil producing companies to lift production of active oilfields. According to MRFR analysis, the global sand control systems market is estimated to expand at a CAGR of 4.7% during the estimated period (2017-2023).

There are several techniques for minimizing sand production from wells. The choices range from simple changes in operating practices to expensive completions, such as sand consolidation or gravel packing. The sand control method selected depends on site-specific conditions, operating practices, and economic considerations.

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Sand Control Systems Industry Top Key Players:-

• Tendeka
• Welltec
• Packers Plus Energy Services Inc.
• Superior Energy Services, Inc.
• Schlumberger Limited
• Halliburton Inc.
• Baker Hughes Incorporated
• Weatherford International
• National Oilwell Varco
• Oil States International

Industry News:-

In July 2017, National Oilwell Varco has launched the Bullmastiff Original (MO), an open hole, ball drop activated multistage frac system, which includes proppant and formation debris control. Preventing proppant flow back is achieved with the use of sand control systems that are exposed to post-frac to begin production. By using a mechanical method of sand control, the Bullmastiff MO increases well economics over the lifetime of the well by reducing surface facility requirements and providing production efficiencies.

In March 2015, Halliburton’s Completion Tools business line launched the EquiFlow OptiSteam flow control device (FCD) for steam-assisted gravity drainage (SAGD) injectors. This advanced flow control technology helps operators maximize production efficiency and improve steam-oil ratio by balancing steam injection throughout the length of a completion.

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Sand Control Systems Global Market Segmentation:-

The global sand control systems market has been segmented based on technique, well type, application, and region. On the basis of technique, the market has been segmented into Gravel Pack, Frac Pack, Sand Screens, Inflow Control Devices and others. The gravel pack dominated the technique segment of the market due to the increased drilling of the oil and gas field in the onshore regions. The inflow control devices segment is projected to grow at the fastest rate during the forecast period.

On the basis of well type, the market has been segmented onshore and offshore. Onshore dominates the well type segment of the market. Existence of huge onshore oil & gas wells is the major factor for the largest market share of the onshore segment in the sand control systems market.
Middle East & Africa is another prominent region for the sand control systems. Nigeria, Saudi Arabia and UAE, are the biggest oil and gas exporters. Growing investments in the region by various companies such as Saudi Aramco, a national petroleum & natural gas firm in Saudi Arabia, are driving the market.

Major Points From TOC:-

1 Executive Summary
2 Scope Of The Report
3 Market Landscape
4 Market Dynamics
5 Global Sand Control Systems Market By Techniques

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6 Global Sand Control Systems Market, By Well Type
6.1 Introduction
6.2 Cased Hole
6.2.1 Market Estimates & Forecast, 2017-2023
6.2.2 Market Estimates & Forecast By Region, 2017-2023
6.3 Open Hole
6.3.1 Market Estimates & Forecast, 2017-2023
6.3.2 Market Estimates & Forecast By Region, 2017-2023

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