Well Intervention Market - PowerPoint PPT Presentation

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Well Intervention Market

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Well intervention is the process, which enhances the quality of oil & gas wells and provides data to help in management of production rate of oil and gas wells. The well intervention market provides detailed information on well intervention services in onshore and offshore application. Oil & gas wells covered in the market study include horizontal and vertical wells. There are two types of interventions, light intervention and heavy intervention. – PowerPoint PPT presentation

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Title: Well Intervention Market


1
Opportunity Analysis and Industry Forecast,
2016-20231
Well Intervention Market by Service, Intervention
Type, Well Type , and Application Global
Opportunity Analysis and Industry Forecast,
2021-2030
Pages 250 Tables 163 Charts 71
2
  • Top Impacting Factors
  • The well intervention market size was valued at
    8.7 billion in 2020, and is projected to reach
    15.3 billion by 2030, growing at a CAGR of 5.8
    from 2021 to 2030.
  • Well intervention is the operation or work
    referred to increase in the production of oil and
    gas wells by performing various types of services
    on oil and gas wells.
  • Significant development of the end-use
    industries, such as mining, manufacturing,
    offshore, automotive, and building
    construction, and others, is fueling the demand
    for oil and gas products, which, in turn, is
    expected to drive the growth of the well
    intervention market during the forecast period.

Global Well Intervention Market Outlook (2021
2030)
Pages 250 Tables 163 Charts 71
3
Global Well Intervention Market Outlook (2021
2030)
  • The increase in demand for enhancing the
    production of oil gas by oil gas companies to
    fulfill the increasing demand is driving the
    growth of the market, globally.
  • The implementation of stringent government
    regulations toward environmental pollution from
    burning of conventional fuels and rapid
    development of the electric vehicle sector are
    the key factors hampering the growth of the
    global market in the coming years.
  • The rapid growth of mature oilfields across the
    globe increases the need for well intervention to
    enhance the production of wells.

Pages 250 Tables 163 Charts 71
4
  • Key Findings of The Well Intervention Market
  • In 2020, the logging and bottomhole survey
    segment accounted for about 43.2 of the share in
    the global well intervention market, and is
    expected to maintain its dominance till the end
    of the forecast period.
  • In 2020, the light intervention segment accounted
    for 60.7 well intervention market share in 2020,
    and is anticipated to grow at a rate of 5.3 in
    terms of revenue, increasing its share in the
    global market.
  • In 2020, the horizontal well segment accounted
    for about 55.7 of the share in the global well
    intervention market, and is expected to maintain
    its dominance till the end of the forecast
    period.
  • Offshore accounted for 60.8 market share in
    2020, and is anticipated to grow at a rate of
    5.5 in terms of revenue, increasing its share in
    the global well intervention market.

Global Well Intervention Market Outlook (2021
2030)
Pages 250 Tables 163 Charts 71
5
  • The key players profiled in the report include
  • Schlumberger Limited
  • Key Energy Services LLC
  • Weatherford International PLC
  • Helix Energy
  • Oceaneering International Inc.
  • Archer
  • Altus Intervention
  • Baker Hughes Company
  • TRICAN
  • Halliburton

Global Well Intervention Market Outlook (2021
2030)
Pages 250 Tables 163 Charts 71
6
Global Well Intervention Market Outlook (2021
2030)
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