openPR Logo
Press release

Robust Growth Visible for Well Testing Services Market 2021-2025 |Schlumberger, Weatherford, Halliburton, Tetra, FMC Technologies, Mineral Tech, AGR Group, Expro Group, Jaguar Energy

03-26-2021 03:19 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Business Industry Reports

Well Testing Services Market

Well Testing Services Market

Global Well Testing Services Market Synopsis:

The exclusive research report on the Global Well Testing Services Market 2021-2025 examines the market in detail along with focusing on significant market dynamics for the key players operating in the market. Global Well Testing Services Industry research report offers granulated yet in-depth analysis of revenue share, market segments, revenue estimates and various regions across the globe.

The Global Well Testing Services Market has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Well Testing Services market size to maintain the average annual growth rate of 6.74% from US$ 995 Million in 2015 to US$ 1210 Million in 2019, market analysts believe that in the next few years, Well Testing Services market size will be further expanded, we expect that by 2025, The market size of the Well Testing Services will reach US$ 1650 Million.

Available Exclusive Sample Copy of this Report @ https://www.businessindustryreports.com/sample-request/291142 .

Some of the major key factors driving the growth of the Global Well Testing Services Market are energy demand growth across the globe, rapid growth in the global E&P spending along with the increase in the drilling activity in the offshore region.

Significant points in table of contents: Market Definition, Market Overview, Business Introduction, Segmentation (Region Level), Segmentation (Type Level), Segmentation (Industry Level), Segmentation (Channel Level), Market Forecast Year, Segmentation Type, Segmentation Industry, Market Cost Analysis, and Conclusion. The Well Testing Services Market is segmented based on Product, source, application and Regions. On the basis of product, the market is sub-segmented.

Regionally, North American dominated the market in 2013 and is expected to remain the largest consumer over the forecast period. Increasing E&P expenditure and increasing shale gas activities particularly in the U.S. and Canada is expected to enhance demand for these services over the forecast period. APAC is also projected to witness above average growth owing to increasing E&P activities in countries such as China, Indonesia, Malaysia, and India.

Top Major Key Players in the Global Well Testing Services Market:

1 Schlumberger

2 Weatherford International

3 Halliburton

4 Rockwater Energy Solutions

5 Tetra Technologies

6 FMC Technologies

7 Helix Energy Solutions Group

8 Greene's Energy Group

9 Mineral Technologies

10 AGR Group

11 Expro Group

12 MB Petroleum Services

13 All-State Well Testing Service

14 Jaguar Energy

15 Striclan

16 PTS Technologies

17 SGS

18 Oil States and More……………

Purchase this report online with 90 Pages, List of Tables & Figures and in-depth Table of Contents on “Global Well Testing Services Market Report 2021” @ https://www.businessindustryreports.com/buy-now/291142/single .

Product Type Segmentation

1 Down-Hole Testing

2 Real Time Well Testing

3 Reservoir Sampling and Analysis

4 Surface Well Testing

Industry Segmentation

1 Onshore

2 Offshore

International Business News:

Schlumberger (March 18, 2021) - Schlumberger New Energy Venture to Launch a Lithium Extraction Pilot Plant in Nevada - Schlumberger New Energy announced today the development of a lithium extraction pilot plant through its new venture, NeoLith Energy. The deployment of the pilot plant will be in Clayton Valley, Nevada, USA. The NeoLith Energy sustainable approach uses a differentiated direct lithium extraction (DLE) process to enable the production of high-purity, battery-grade lithium material while reducing the production time from over a year to weeks. This innovative process can create new market opportunities for lithium extraction and battery manufacturing economy, and maximize the value of the lithium-rich resource base in Nevada with cutting-edge extraction technology.

The demand for battery-grade lithium is projected to grow exponentially, driven by growth in the electric vehicle (EV) market. As EVs greatly depend on lithium-ion rechargeable batteries, sustainable and efficient lithium production has become an important topic for regions, industries, and technology companies, as well as battery and large automotive manufacturers. NeoLith Energy’s pilot plant is a step towards a full-scale, commercial lithium production facility. The pilot plant results will be used to optimize the design of the full-scale production plant. The production plant will utilize an environmentally friendly method for subsurface brine extraction and lithium production that requires a significantly smaller footprint and reduces water consumption by over 85% compared to current methods for lithium extraction from brine.

“Nevada lithium resources present an excellent opportunity to demonstrate a leap in production efficiency with a more sustainable approach,” said Ashok Belani, Schlumberger New Energy executive vice president. “Schlumberger’s expertise in the subsurface domain, development of process technology, and global deployment of technology at scale with various partners all play an important role in the innovation and efficiency of our DLE process. We are accelerating the deployment of our pilot plant in response to the high market demand for battery-grade lithium material.”

The pilot plant’s deployment is part of the Pure Energy Minerals agreement with Schlumberger New Energy for the development of its Nevada lithium brine property, using advanced technology to process the brine and extract high-purity lithium, maximizing the lithium resource recovery. Commissioning of the pilot plant will begin following receipt of all necessary permits. NeoLith Energy intends to begin operations before the end of 2021.

Grab Your Report at an Impressive Discount @ https://www.businessindustryreports.com/check-discount/291142 .

Major Points in Table of Contents:

Global Well Testing Services Market Report 2021

1 Well Testing Services Product Definition

2 Global Well Testing Services Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Well Testing Services Shipments

2.2 Global Manufacturer Well Testing Services Business Revenue

2.3 Global Well Testing Services Market Overview

2.4 COVID-19 Impact on Well Testing Services Industry

3 Manufacturer Well Testing Services Business Introduction

3.1 Schlumberger Well Testing Services Business Introduction

3.2 Weatherford International Well Testing Services Business Introduction

3.3 Halliburton Well Testing Services Business Introduction

3.4 Rockwater Energy Solutions Well Testing Services Business Introduction

3.5 Tetra Technologies Well Testing Services Business Introduction

3.6 FMC Technologies Well Testing Services Business Introduction

About us

BusinessindustryReports.com is a digital database of comprehensive market reports for global industries. As a market research company, we take pride in equipping our clients with insights and data that hold the power to truly make a difference to their business. Our mission is singular and well-defined – we want to help our clients envisage their business environment so that they are able to make informed, strategic, and therefore successful decisions for themselves.

Media Contact

Business Industry Reports

Pune – India

sales@businessindustryreports.com

+19376349940

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Robust Growth Visible for Well Testing Services Market 2021-2025 |Schlumberger, Weatherford, Halliburton, Tetra, FMC Technologies, Mineral Tech, AGR Group, Expro Group, Jaguar Energy here

News-ID: 2262667 • Views: 743

More Releases from Business Industry Reports

Tetracaine Market Exhibits a Lucrative Growth Potential during 2021-2025 | Endo …
BusinessIndustryReports has recently broadcasted a new study to its broad research portfolio, which is titled as “Global Tetracaine Market” Research Report 2021 provides an in-depth analysis of the Tetracaine with the forecast of market size and growth. The analysis includes addressable market, market by volume, market share by business type and by segment (external and in-house). The research study examines the Tetracaine on the basis of a number of criteria,
Cyber Warfare Market Evenly Poised To Reach A Market Value of US$ By Share, Size …
Overview of Global Cyber Warfare Market: This report provides in-depth study of “Global Cyber Warfare Market 2021” using SWOT analysis i.e. Strength, Weakness, Opportunities, and Threat to the organization. The Cyber Warfare Market report also provides an in-depth survey of key players in the market organization. According to the market research study, the Cyber Warfare is virtual conflict between state, organization, or country by the use of computer technology to disrupt activities
Covid-19 Impact on Cranio Maxillofacial Implant Market 2021-2025: Business Growt …
Overview of Global Cranio Maxillofacial Implant Market: This report provides in-depth study of “Global Cranio Maxillofacial Implant Market 2021” using SWOT analysis i.e. Strength, Weakness, Opportunities, and Threat to the organization. The Cranio Maxillofacial Implant Market report also provides an in-depth survey of key players in the market organization. According to the market research study, Craniomaxillofacial Implants are medical implants used in surgeries of maxillofacial region such as, head, face, neck, oral,
Beginning of the bloom: The Rise of the Biohacking Market 2021-2025 | Global Key …
Global Biohacking Market Synopsis: The report covers a forecast and an analysis of the Biohacking Market on a global and regional level. The study provides historical data for 2015, 2016, 2017 and 2018 along with a forecast from 2020 to 2025 based on revenue (USD Million) and volume (Kilotons). The study includes drivers and restraints of the Biohacking Market along with the impact they have on the demand over the forecast

All 5 Releases


More Releases for Testing

O2 Mold Testing Recommends Summer Mold Testing
Professional mold inspection and testing services are the best ways of stopping the spread of mold in your home. At O2 Mold Testing, our special mold inspection packages are designed to find and detect mold before it has a chance to become a serious problem. O2 Mold Testing is a certified, licensed, and insured company that focuses on visual mold inspection, moisture leak detection, surface sampling, as well as professional
Software Testing Company
QA Mentor is a global leader in Software Quality Assurance and Testing space. Serving 260 clients from Fortune 500 to start ups in 28 countries, QA Mentor supports applications in 9 different industries. With unique products propositions from a crowdsourcing platform with a pool of 12,000 crowdsourced testers to a test management platform, unique and economical services offerings and QA education from e-learning and corporate training. QA mentor is software testing
Herpes Markers Testing Market
According to the latest market report published by Persistence Market Research titled ‘Herpes Marker Testing Market: Global Industry Analysis (2012 – 2016) & Forecast (2017 – 2025)’, the global market is expected to be valued at US$ 481.8 Mn by 2025 and expand at a CAGR of 6.1% over the forecast period (2017–2025). The overall market is anticipated to grow 1.7x in terms of value over the forecast period. Market Dynamics Certain
Cannabis Testing Market
Cannabis is a flowering plant predominantly found is Africa, Asia, and the Americas. Cannabis is non-conventionally used as a hemp fiber, hemp oils, used for medicinal resolutions, and as a frivolous drug. Industrial hemp crops are produced from the cannabis plants, which produce a plenty of fiber. To gratify the UN Narcotics Convention, some of the cannabis strains are raised to produce nominal levels of tetrahydrocannabinol, the main psychoactive component.
Test Automation Market Segments: web services testing, acceptance testing, compa …
The “Test Automation Market” report provides analysis of the global test automation market for the period 2014–2024, wherein the years from 2016 to 2024 is the forecast period and 2015 is considered as the base year. The report precisely covers all the major trends and technologies playing a major role in the test automation market’s growth over the forecast period. It also highlights the drivers, restraints, and opportunities expected to
Performance Testing Services India
Texas (USA), Canada (Toronto) & India (Business Network) : Suma Soft specializes in delivering efficient Performance Testing Services in India that solve performance defects and are designed to meet demands at any stage of the software development life cycle. Our testing team helps clients determine how a system performs in terms of responsiveness and stability of an application under particular load. By conducting extensive research, our experienced testers develop testing