Global Completion Equipment Market Report 2016-2020 - Analysis, Technologies & Forecasts - Research and Markets
Research and Markets has announced the addition of the "Global
Completion Equipment Market Outlook to 2020 - Market Analysis by
Geography, Type, Competitive Landscape, Key Company Information - Growth
Trends and Forecasts" report to their offering.
Completion in oil and gas industry refers to making a well ready for
production. Well completion incorporates the steps taken to convert a
drilled well into producing stage. The steps in this process include
casing, perforating, gravel packing and installing a production tree.
Completion and production often consists of cementing, stimulation, well
intervention, pressure control, pipeline and process services, and
completion services. The services may also contain installation,
maintenance, repair or testing services as well.
North America leads the market in terms of demand and is closely
followed by Asia-Pacific. Asia-pacifics exploration activity is at an
all time high from the last four-five years thanks to shale boom in some
countries such as China. Decent market opportunity exists for this
market in Europe, as the North Seas new exploration activity is now
moving in to deeper waters which require much sophisticated equipment.
Countries such as the Netherlands and Norway present a decent market
opportunity for oil country tubular goods.
Ever increasing energy demand, increased offshore exploration activity
across the globe which often going in to deeper waters and several
operators efforts to find new oil and gas reserves are driving the
market. Whereas on the flip side, high initial investments, lack of
skilled labor, and environmental conditions such as harsh weathers are
restraining the market from growth.
Report Structure:
1. Introduction
2. Executive Summary
3. Market Overview
4. Drivers, Constraints and Opportunities
5. Completion Equipment Market Value Chain Analysis
6. Global Completion Equipment Market Segmentation, by Geography
7. Global Completion Equipment Market Segmentation, by Type
8. Competition
9. Key Company Analysis
10. Competitive Landscape
11. Appendix
For more information about this report visit http://www.researchandmarkets.com/research/phrwxk/global_completion
View source version on businesswire.com: http://www.businesswire.com/news/home/20161125005145/en/
Copyright Business Wire 2016
Source: Business Wire
(November 25, 2016 - 6:08 AM EST)
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