Aug 20, 2018   SOURCE: BusinessWire

Global Oil & Gas Water Management Services Market 2018-2023: Driven by the Growing Upstream Oil & Gas Activity - ResearchAndMarkets.com

The "Global Oil & Gas Water Management Services Market - Segmented by Location, Service, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

Growing Upstream Oil & Gas Activity - Drives the Market

Owing to the oil price crisis as of 2014-2016, the expenditure in the upstream oil & gas industry dropped by about 60%. However, oil prices stabilized during 2016-17, as a result of which the oil & gas production activity experienced a substantial growth. The capital expenditure in the upstream oil & gas industry was estimated to register a significant growth rate of 25% during 2016-2017.

The growing upstream oil & gas activity is expected to drive the global water management services market. Factors such as technological advancements, stringent government regulations, and growing hydraulic fracturing activity, is also expected to drive the global water management services market in the oil & gas industry. The high cost associated with water management services and lower for the longer oil price scenario are expected to restrain the market growth.

Key Highlights

  • North America to Lead the Market During the Forecast Period
  • Growing Investments in Upstream and Downstream Sector in Saudi Arabia

Notable Development in the Market

  • January 2018: The US Interior Department announced that it will allow drilling in nearly all US continental waters. This is the single largest expansion of offshore oil & gas leasing by the federal government in the history of the United States.

Key Topics Covered

1. Executive Summary

2. Research Methodology

3. Market Overview

4. Market Dynamics

5. Value Chain Analysis

6. Industry Attractiveness: Porter's Five Forces Analysis

7. Global Oil & Gas Water Management Services Market Analysis, by Geography

8. Global Oil & Gas Water Management Services Market Analysis, by Services

9. Key Company Profiles

  • Halliburton
  • Baker Hughes (a GE Company)
  • Ovivo Inc.
  • Nuverra Environmental Solutions
  • Aquatech
  • Layne
  • Veolia Environment SA
  • Schlumberger Ltd.
  • Fountain Quail Energy Services

10. Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/research/qsdvjj/global_oil_and?w=4