Wireline Services Market Industry Analysis 2026 By Key Players GE Oil & Gas Corporation, Superior Energy Services Inc., FMC Technologies Inc., Pioneer Energy Services Corporation, Schlumberger Limited, C&J Energy Services Inc.
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Cased holes segment is expected to be the fastest growing segment over the forecast period
Among well type, the cased hole segment held a dominant position in the market in 2016 and is projected to retain its dominance throughout the forecast period. The segment is estimated to generate revenue of US$ 15.7 billion in 2017, and is projected to reach US$ 25.8 billion by 2025. Cased hole services comprise executing logging measurements with the help of well chasing or metal piping inserted at the time of well completion activities.
The global wireline services market generated revenue of US$ 19.9 billion in 2017, from US$ 19.7 billion in 2016. The market is expected to generate revenue of US$ 33.9 billion by 2025, exhibiting a CAGR of 6.8% over the forecast period (2017 – 2025).
North America held the dominant position in wireline services market in 2017.
North America held a dominant position in the market in 2017, and is projected to retain its dominance throughout the forecast period. The market in North America is estimated to generate revenue of US$ 9.3 billion in 2017, and is projected to reach US$ 15.8 billion by 2025, exhibiting a CAGR of 6.9% over the forecast period. The U.S. and Canada are major countries contributing to the growth of North America wireline services market, owing to increasing number of well completions in North America.
Major players operating in the global wireline services market include GE Oil & Gas Corporation, Superior Energy Services Inc., FMC Technologies Inc., Pioneer Energy Services Corporation, Schlumberger Limited, C&J Energy Services Inc., Allied-Horizontal Wireline Services LLC., Weatherford International, and Halliburton Company.
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