Wireline Logging Services Market Trends By Key Players: Schlumberger, Halliburton, Baker Hughes, Weatherford International, Superior Energy Services, Pioneer Energy Services, OilSERV, Nabors Industries

Market Overview: -

Wireline Logging Services Market will observe a significant growth and is estimated to exceed USD 20 billion by 2022. These services are mainly deployed to run equipment and tools into the borehole for recording and capturing the reservoir characteristics. The technique is extensively used for mapping the reservoir and its associated hydrocarbons by providing crucial insights which helps in enhancing drilling practices. Escalating exploration and production (E&P) spending due to technological advancements facilitating ease of access to unusual as well as deep water reservoirs is forecast to boost demand. High oil & gas production from North Dakota’s Bakken Shale and the Marcellus Shale in north eastern region of the U.S. has become a source of increased onshore oil & gas production.

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Top Key Players: -

Wireline logging services market share is dominated by Schlumberger, Halliburton, Baker Hughes, Weatherford International, etc. Other players include Superior Energy Services, Pioneer Energy Services, OilSERV, and Nabors Industries.

Market share calculation in this report is not done based on companies covered in it. The calculation of wireline logging services market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

Regional Segmentations: -

U.S. wireline logging services market growth can be associated to rising number of wells in both onshore and offshore areas accompanied by increasing shale exploration.

North America held the highest wireline logging services market share in 2014 and is expected to lead over the forecast period. This can be credited to increasing number of wells both in onshore and offshore areas and growing shale activities across the region. Latin America is projected to witness substantial growth owing to rising energy demands.

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Partial Chapter of the Table of Content

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.1.1. Initial data exploration
1.1.2. Statistical modeling and forecast
1.1.3. Industry insights and validation
1.2. Data Sources
Chapter 2. Executive Summary
2.1. Wireline logging services industry 360° synopsis, 2012 - 2022
Chapter 3. Wireline Logging Services Industry Insights
3.1. Industry Segmentation
3.2. Industry Size and forecast
3.3. Industry ecosystem analysis
3.4. Industry Impact forces
3.4.1. Growth drivers
3.4.2. Industry pitfalls & challenges
3.5. Growth potential analysis
3.6. Porter's analysis
3.7. Company market share, 2014
3.8. PESTEL analysis

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Increased possibilities of shale gas production around the globe are expected to drive the wireline logging services market over the next seven years. Factors such as authorization of subsoil property rights to surface property owners, sanctity of contracts and decentralized regulatory context are projected to further impact the industry.

Developments in directional drilling as well as reservoir stimulations are likely to change the U.S. energy scenario over the time frame. As the operating water depth limit for production and drilling has exceeded to over 10,000 feet from a few hundred feet, specialized equipment such as Radio Frequency Identification (RFID) chips at the seabed and surface are required for executing drilling and production activities. This equipment aids in tracking data when operating downhole and exposure to pressure, temperature and corrosive environments. In addition it can also accurately determine the position for repair and maintenance.

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