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What's driving the Wireline Logging Services Market Growth? Prominent Players: Baker Hughes, Casedhole Solutions, Expro International Group Holdings, Halliburton, Nabors Industries Ltd, OilServe, Pioneer Energy Services, Schlumberger, Superior Energy Serv
wireline logging services market
North America wireline logging services market is expected to continue its domination over the coming five years, driven by rise in the number of offshore as well as onshore activities along with an increase in the rate of shale gas exploration activities. U.S. is expected to contribute significantly towards the regional share.
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High energy demand along with a rise in the amount of exploration activities plus high logging requirements is expected to drive Latin America wireline logging services market revenue in the near future.
Company profiled in wireline logging services market report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Baker Hughes
2. Casedhole Solutions
3. Expro International Group Holdings
4. Halliburton
5. Nabors Industries Ltd
6. OilServe
7. Pioneer Energy Services
8. Schlumberger
9. Superior Energy Services
10. Weatherford International Inc
Escalating demand for real-time data collection via electric tools and rising need for non-conventional energy resources will drive wireline logging services market growth over the coming years. Introduction of new technologies has resulted in high capital investments in exploration & production activities, thereby encouraging the industry trends.
The cased-hole logging market includes logging measurements with the help of metal piping, which is introduced at the time of completion of activity. The overall generation of revenue through this sector is 75% of total share in 2014. On the other hand, open-hole activities are performed before completion of the wellbore and this market is anticipated to rise with a CAGR of 7.7% from 2015 to 2022.
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