Nov 2, 2017   SOURCE: BusinessWire

Global Well Intervention Services Market 2017-2021 with Baker Hughes, Halliburton, National Oilwell Varco, Schlumberger & Weatherford Dominating - Research and Markets

The "Global Well Intervention Services Market 2017-2021" report has been added to Research and Markets' offering.

The global well intervention services market to grow at a CAGR of 4.26% during the period 2017-2021.

Global Well Intervention Services Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

One trend in the market is technological advances in well intervention techniques. Technology is rapidly evolving in the oil and gas industry. New innovations are flowing into the industry to ensure greater recovery from oil and gas reserves. These innovations also cover the well intervention process.

According to the report, one driver in the market is growth of drilling activities in unconventional areas. Unconventional oil and gas resources include shale gas, coal bed methane, gas hydrates, tight oil, oil sands, and others. These resources are costly to produce and tough to exploit. Technological advances and operational efficiencies have driven cost reductions, thus spurring the exploitation of unconventional resources. In the US, the shale gas boom saw the rise of unconventionally produced natural gas supplies. The huge discovery of oil sands in Canada have shown the unlimited opportunities for oil exploration.

Key Market Trends

  • Technological advances in well intervention techniques
  • New-generation, automated drilling rigs
  • Laser drilling in oil and gas sector
  • Supercritical carbon dioxide in shale gas fracking

Key vendors

  • Baker Hughes
  • Halliburton
  • National Oilwell Varco
  • Schlumberger
  • Weatherford

Other prominent vendors

  • EQT (previously Aker Solutions)
  • AKOFS OFFSHORE
  • ALTUS INTERVENTION
  • Archer
  • Axis Well Technology
  • BlueSparkEnergy
  • Danum Well Services
  • DeepWell
  • Expro Group
  • Gulf Intervention Services DMCC
  • Hunting
  • Kinetic Services
  • Nabors Industries
  • Nordic Well Services
  • Oceaneering International
  • TechnipFMC
  • Wild Well Control
  • WISE Intervention Services

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Application

Part 07: Market Segmentation By Service Type

Part 08: Geographical Segmentation

Part 09: Decision Framework

Part 10: Drivers And Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Key Vendor Analysis

Part 14: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/74lq64/global_well