Subsea Well Access Systems Market By Current Industry Status, Target Audience, Growth Opportunities, Players: Riverstone holdings, Helix, Schlumberger, Halliburton, Weatherford international

The subsea well access systems are installed on the sea beds where successful exploration has been carried out for extending life of existing oil wells and production of oil wells from new oil wells. Subsea well access systems are segmented on the basis of technology, as rig based systems and rig-less systems. The global oil upstream industry is witnessing strict regulations relating to oil spill preventions and rig tools management after the increasing awareness for safety of oil field operations. The projects of subsea well access systems around the regions such as North Sea and Gulf of Mexico and Gulf of Thailand are increasing creating higher demand for Rig based well access systems.

For instance the oil spill accident in the deep water horizons lead to strict safety regulations for operating offshore to eliminate oil spillage incidents. This has resulted in the development of new technologies by major oilfield service operator companies to provide solutions for subsea oil well access.

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Competitive Dashboard

National Oil Varco (U.S), GE Baker Hughes(U.S.), Riverstone holdings (Singapore), Subsea 7 (U.K.) TechnipFmc Technologies Inc. (U.K.), and Helix (U.K.). Schlumberger Ltd.(U.S.), Halliburton Corporation (U.S.), Weatherford international(U.S.), Aker solutions (Norway), GMC Deepwater (U.K.), and Tenaris (U.S.)

Industry Highlights

The global subsea well access systems market is driven by the fact that there are increasing number of ageing oil wells in the offshore region around the world. Oil filed operators are implementing complete well intervention technologies that include the well access system products and services. For instance, Norwegian continental shelf in the North Sea has around 50 wells that are maturing at a faster pace. The global subsea well access systems market is further segmented as by products (include products). One of the well access system product is blowout preventer, which is required when wells get mature, so that the pressure in the wells can be maintained with blowout preventers.

Segmental Analysis

The global subsea well access systems market is segmented on the basis of technology, product, location and region.

On the basis of technology, the industry is segmented by type that includes Rig based subsea well access systems and Rig-less/Vessel based subsea well access systems.

On the basis of products, the subsea well access systems market in segmented into blow out preventers, RAM Blowout preventers and annular blowout preventers.

By location, the market is further classified into shallow water, deep water and ultra-deep water.

By region, the market is segmented into four main regions like North America, Asia-Pacific, Europe and Rest of the World.

Regional Analysis

The Europe region and the North American region is expected to dominate the subsea well access systems market with increasing offshore activities in the North Sea and the Gulf of Mexico. Also, the number of mature oil fields are on the rise in these regions, it is expected that, many upstream oil companies would increasingly look into the subsea well access systems methods for increased projects for well intervention. The Asia Pacific region is expected to closely follow these regions with countries such as Thailand is also looking forward implement subsea well access systems in their offshore oil fields.

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Major Table of Contents

1 Global Subsea Well Access Systems Market, By Technology type

1.1 Introduction

1.2 Rig Based

1.2.1 Market Estimates & Forecast, 2018-2023

1.2.2 Market Estimates & Forecast By Region, 2018-2023

1.3 Rig-Less Based

1.3.1 Market Estimates & Forecast, 2018-2023

1.3.2 Market Estimates & Forecast By Region, 2018-2023

2 Global Subsea Well Access Systems Market, By Location Type

2.1 Introduction

2.2 Shallow Water

2.2.1 Market Estimates & Forecast, 2018-2023

2.2.2 Market Estimates & Forecast By Region, 2018-2023

2.3 Deep-Water

2.3.1 Market Estimates & Forecast, 2018-2023

2.3.2 Market Estimates & Forecast By Region, 2018-2023

2.4 Ultra-Deep Water

2.4.1 Market Estimates & Forecast, 2018-2023

2.4.2 Market Estimates & Forecast By Region, 2018-2023

3 Global Subsea Well Access Systems Market, By Products Type

3.1 Introduction

3.2 Blowout Preventer

3.2.1 Market Estimates & Forecast, 2018-2023

3.2.2 Market Estimates & Forecast By Region, 2018-2023

3.3 Ram Blowout Preventer

3.3.1 Market Estimates & Forecast, 2018-2023

3.3.2 Market Estimates & Forecast By Region, 2018-2023

3.4 Spherical Preventer

3.4.1 Market Estimates & Forecast, 2018-2023

3.4.2 Market Estimates & Forecast By Region, 2018-2023

Continue…..

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