openPR Logo
Press release

Zonal Isolation Market Trend to 2024

09-18-2017 12:15 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: TMR

Transparency Market Research has released a new market report titled, “Zonal Isolation Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2016 - 2024.” According to this report, the global zonal isolation market was valued at US$14.80 bn in 2014 and is projected to reach US$27.88 bn by 2024 at a CAGR of 6.6% from 2016 to 2024.

Traditionally, cementing technique has been used by operators to provide zonal isolation throughout the life of a well. However, in the past few years, several mechanical and chemical techniques have been developed to prevent cross flow of water, gas, or oil between different formations. Mechanical zonal isolation consists of the use of several mechanical equipment such as sliding sleeves, packers, perforated/slotted liners, and plugs. Chemical zonal isolation, on the other hand, comprises the use of polymer gels, monomer systems, bio polymers, and elastomers.

Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3658

Multiple technologies along with primary and remedial cementing are deployed by well operators for isolating a particular zone during well completion and intervention. Deployment of such techniques depends on several well parameters such as type of producing zone (oil or gas), depth of well, wellbore geometry, and temperature of the wellbore. Zonal isolation is considered very critical for developing unconventional resources. It is very essential to predict flow rates to successfully design and implement multistage hydraulic fracturing in low permeable shale gas reserves. Cost of isolating a particular zone is generally 2%-5% of the total well completion cost. Shift of exploration activities from onshore to offshore areas coupled with increasing focus toward the development of unconventional reserves has spurred the market for the zonal isolation across the globe.

Request to download and view full ToC @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3658

The zonal isolation market has been segmented on the basis of technology and application. Based on technology, the market has been segmented into mechanical and chemical zonal isolation. However, on the basis of application, the market has been segmented into offshore and onshore zonal isolation. Chemical zonal isolation holds the highest market share in terms of technology. However, in terms of application, offshore zonal isolation holds the highest market share. Key players in the zonal isolation market are Schlumberger Limited, Superior Energy Services, Inc., Weatherford International, Baker Hughes, Inc., Halliburton Company, Nabors Industries Ltd., Trican Well Service Ltd., Expro International Group Holdings Ltd., Aker Solutions ASA, and Tendeka.

Increase in drilling activities, especially in the offshore areas coupled with growing demand for unconventional energy sources have driven the global market for zonal isolation in the past few decades. Despite fluctuations in the global crude oil prices, it is anticipated that the market for global zonal isolation would reach US$ 27,888.8 Mn by 2024.

View Report @ http://www.transparencymarketresearch.com/zonal-isolation-market.html

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

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 Zonal Isolation Market Trend to 2024 here

News-ID: 722772 • Views: 156

More Releases from TMR

Chlorothalonil Market - Global Industry Analysis, Size, Share, Growth, Trends, a …
Chlorothalonil “Demand of Sustainable Agriculture” Agricultural sector is satisfying the need of the world by supplying food. It is one of the prominent sectors in the world. Chlorothalonil is a non-systematic fungicide and pesticide used to spray on crops to prevent them from disease and maintain their healthy life furthermore chlorothalonil is used as wood protectant to prevent the wood from decay due to which chlorothalonil is largely used in furniture
Ytterbium Fluoride Market - Global Industry Analysis, Size, Share, Growth, Trend …
Shifting Industries Preference Towards Specialty Chemicals Chemical industry has been major source of inventions from past half a decade where different types of chemicals are tested, tried and verified for future applications. Industrial application of chemicals such as ytterbium fluoride will likely to increase demand in near future. Get Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6551 The major driving factor which proved to encourage use of ytterbium fluoride chemical as its usage in
Itaconic Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and …
Itaconic Acid Market: Introduction & Definition Itaconic acid is a bio based product, also identified as methyl succinic acid, it is first obtained by distillation of citric acid that is an organic compound which is used for the production of acrylate latexes and acrylonitrile butadiene. The market of Itaconic acid is niche in nature owing to its limited consumption in various end use industries on account of availability of large number
Oleochemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and …
Oleochemicals are obtained from various plant and animal fats. Various sources of oleochemicals includes natural raw materials such as, castor oil, soybean oil, vegetable, petrochemical feedstock and also from animal oils & fats. Oleochemicals are witnessed to gain popularity as they can act a substitute for the petroleum-derived products. The growing environment concerns can be a prominent factor for the adoption of biodegradable chemicals, which intends to fuel the growth

All 5 Releases


More Releases for Transparency

Transparency Market Research
A belt drive is a type of power transmission device which is a looped belt wound around a pair of pulley so as to transmit power between two or more rotating shafts. Compared to other power transmitting devices, belt drives are more preferred in mechanical industry due to easy installation, numerous speed ratio selections, less power loss and comparative low price. Belt drive protects the rotating machinery from overload fluctuations
Transparency Market Research
An ultrasonic motor is an electric motor which is driven by the ultrasonic vibration of a component. The stator of the motor is supported by piezoelectric components in ultrasonic frequency range which produces different types of vibrations depending on its arrangement. In other words, ultrasonic motor is a type of electric motor that transforms ultrasonic physical vibrations to linear motion, produced by a piezo-transducer. Ultrasonic motors therefore do not use
Transparency Market Research
The global Li-Fi market is expected to exhibit growth at a robust pace between 2016 and 2023. Massive bandwidth owing to the growing RF spectrum crunch, together with a high degree of security and energy efficiency are expected to bolster the global Li-Fi market. While the features offered by Li-Fi and visible light communications (VLC) are quite similar, unlike the latter, Li-Fi does not require line-of-sight between receiver and transmitter. The
Transparency Market Research
A new research report published by Transparency Market Research states that the global dental bone graft substitutes and other biomaterials market is expected to grow due to the continuous rise in periodontal (gum) diseases along with growing incidence of dental fractures. The report, titled “Dental Bone Graft Substitutes and other Biomaterials Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, is available for sale on
eProcurement: Instant Transparency
ifm Achieves Better Prices in Indirect Procurement with JAGGAER solution Vienna | Research Triangle, NC, USA | Essen, August ​09​, 2017 – ifm, the specialist for sensors in automation technology, has said goodbye to manual processing in indirect procurement once and for all. With the eProcurement digital procurement tool from JAGGAER, provider of the world’s most comprehensive Source to Pay (S2P) indirect and direct solution suite, more than 6000 employees
More transparency in Engineering IT
CPO certification helps evaluate openness of IT systems Digitalization is making openness in the linking of IT solutions increasingly important. The Code of PLM Openness (CPO), developed by the ProSTEP iViP Association, supplies a concrete approach for achieving precisely that. Fraunhofer IAO has now developed an effective certification for companies, which helps them comply with the CPO criteria. Industrie 4.0 requires intensified collaboration between various tools and systems. Only when