Press release
Well Test Market 2017: Analysis, Segments, Key Players, Drivers and Trends by Forecast to 2023
Well Test Market is expected to grow with the CAGR of about 6% from 2016 to 2022. One of the primary factors that are driving the Well Test market is the increasing spending in the E&P industry.Market Highlights
One of the primary factors that are driving the Well Test market is the increasing spending in the E&P industry. The well testing market growth was affected by the price crisis in the Oil & Gas industry. With the recent stabilization in the prices and the O&G industry the market has portrayed immense growth potential.
Residential held the major share within the Global Well Test Market
Global increasing demand for energy has resulted in rapid increase in the offshore drilling activities to meet the increasing demand, which ultimately has provided significant boost to the well testing market. Owing to the shale and drilling activities in the North America region, the market is the leading region for the Well Testing market. Increased exploration activities in this region specifically in Canada have boosted the demand for Well Testing. Increased Infrastructural and Manufacturing activities in the Asia-Pacific region have resulted in increasing demand in the Oil & Gas market translating into Well Test market achieving high growth in this region.
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Key Players
Some of the key players in the Well Test market are
• AGR Group ASA (Norway),
• FMC Technologies Inc. (U.S.),
• Schlumberger Ltd. (U.S.),
• Halliburton Company (U.S.),
• Tetra Technologies Inc. (U.S.),
• Weatherford International Ltd. (Ireland),
• Expro International Group Ltd (U.K.),
• Greene's Energy Group (U.S.),
• Helix Energy Solutions Group Inc. (U.S.)
Market Research Analysis:
Owing to the shale and drilling activities in the North America region, the market is the leading region for the Well Testing market. Increased exploration activities in this region specifically in Canada have boosted the demand for Well Testing. Increased Infrastructural and Manufacturing activities in the Asia-Pacific region have resulted in increasing demand in the Oil & Gas market translating into Well Test market achieving high growth in this region.
Table of Content
1. Report Prologue
2. Introduction
1. Definition
2. Scope Of The Study
• Research Objective
• Assumptions
• Limitations
3. Market Structure
4. Market Segmentation
3. Research Methodology
1. Research Process
2. Primary Research
3. Secondary Research
4. Market Size Estimation
5. Forecast Model
4. Market Dynamics
1. Drivers & Oppurtunities
2. Challenges & Restraints
3. Value Chain Analysis
4. Porter’s Five Forces Analysis
5. Well Test Market, By Services
1. Introduction
2. Surface Testing
3. Downhole Well Test
4. Reservoir Testing
6. Well Test Market, By Well Type
Continue………
List of Tables
Table 1 Global Well Test Market Snapshot
Table 2 Drivers For The Market
Table 3 Restraints For The Market
Table 4 Global Well Test Market, By Well Type
Table 5 Onshore, By Region
Continue………..
List of Figures
Figure 1 Research Methodology
Figure 2 Impact Analysis: Drivers And Restraints
Figure 3 Global Well Test Market, By Well Type
Figure 4 Global Well Test Market, By Services
Figure 5 Global Well Test Market, By Region
Continue………
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