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U.S. Hydraulic Fracturing Market Report

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The U.S. hydraulic fracturing market size was valued at USD 9.6 billion in 2017 and is expected to witness a significant growth, pertaining to the growing oil and gas extraction activities over the forecast period. – PowerPoint PPT presentation

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Title: U.S. Hydraulic Fracturing Market Report


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U.S. Hydraulic Fracturing Market Size, Share,
Industry Analysis Report, Competitive Strategies
and Forescast to 2025 Hexa Research
The U.S. hydraulic fracturing market size was
valued at USD 9.6 billion in 2017 and is expected
to reach 13.91 billion by 2025
21 February 2019, The U.S. Hydraulic Fracturing
Market to reach USD 13.91 billion by 2025, owing
to the rise in the oil and gas exploration and
extraction activities in the country over the
forecast period. There is a rise in the demand
for primary energy resources owing to the rise in
population and industrialization. To meet these
demands and ensure the continuous supply of
natural resources in the country, the market for
unconventional techniques such as hydraulic
fracturing is expect to grow over the forecast
period. This technology was first employed in in
the U.S.in 1947 and has been constantly upgraded
since then. In 2015, around 67 of natural gas
was produced from hydraulically fractured wells
in the country.
The U.S. hydraulic fracturing market is expected
to grow significantly owing to the rise in the
recent developments and innovations such as using
hydraulic fracturing in combination with
horizontal drilling during shale formations. This
has revealed new sources for huge amount of
natural gas supplies, which is fulfilling the
energy needs of the nation and is expected to
transform the energy future. The use of
this technology was first employed around the
year 2000 after which it was continuously being
used in the oil and gas production and extraction
processes.
Browse Details of Report _at_ https//www.hexaresearc
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There is a significant rise in the domestic oil
and gas production from hydraulically fractured
oil and gas production wells. In 2015, the
production of oil from hydraulically fractured
reservoirs accounted for more than 50 of the
total oil production and the gas production
accounted for around 70 of the total
gas production in the country. This combination
technology of directional drilling and hydraulic
fracturing allows the oil and gas reservoirs to
be punctured directionally or horizontally
alongside the foundation of targeted rocks,
giving exposure to the rock formation bearing oil
and gas in the production well, which is expected
to drive the growth for this market over the
forecast period.
The hydraulic fracturing segment dominated the
market in 2017 and is expected to maintain its
dominant position over the forecast period owing
to the use of hydraulic fracturing and horizontal
drilling activities in conventional and
unconventional reservoirs. Oil gas industry
recently has been experiencing a decline in the
production rates from the present conventional
reservoirs. In order to meet the demand for energ
y resources the industry participants are
focusing on the development of unconventional oil
gas reserves by using various technologies such
as hydraulic fracturing and other methods.
The use of hydraulic fracturing in the oil and
gas extraction increases the yield of the
resource from the well owing to which this widely
used and is expected to grow over the forecast
period. When hydraulic fracturing is used in
combination with horizontal drilling,
non-yielding wells and nonprofit rock formations
are frequently rehabilitated into productive
fields which yield a good amount of natural gas.
The technology is majorly responsible for the
growth and development of shale gas fields in the
U.S. such as the Haynesville Shale, Barnett
Shale, Marcellus Shale, and Fayetteville Shale
gas fields. It has also been employed in yielding
gas from tight rock units such as Niobrara Shale
and Bakken Shale.
The various process chemicals used during the
employment of hydraulic fracturing technology is
a huge cause of concern to the environmental
activists in the natural gas industry. A
regulatory environment is obligatory while
commissioning these techniques where drilling
occurs to ensure the environmental safety and
protection of water supplies and people living in
the zones.
The market for hydraulic fracturing is fragmented
and competitive in nature. There are several
players in the market delivering services in the
U.S. and the competition is expected to grow over
the forecast period. With the rise in the oil and
gas extraction activities in the country the
players are also focused on increasing
their market share by providing efficient and
effective services over the forecast period.
Hexa Research has segmented the U.S. hydraulic
fracturing market report based on type and
end-use
Segmentation by service type, 2015 - 2025
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Hydraulic fracturing
Other auxiliary services
Segmentation by end-use, 2015 - 2025 Oil gas
extraction Others
Key players analyzed Halliburton
Schlumberger
Baker Hughes
Superior Well Services United Oilfield
Services
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Table of Contents of U.S. Hydraulic Fracturing
Market
Chapter 1. Executive Summary
Chapter 2. Methodology and Scope 2.1. Research
methodology 2.2. Assumptions
2.3. List of data sources
Chapter 3. Introduction
3.1. Research scope market segmentation
Chapter 4. Hydraulic Fracturing Market Trends
Drivers Opportunities 4.1. Key industry trends
4.1.1. Market drivers
4.1.2. Market Restraints
4.2. Supply chain analysis
4.3. Porter's Five Forces analysis
Chapter 5. Hydraulic Fracturing Market, By
Service type 5.1. U.S. hydraulic fracturing
market movement, by service type, 2017
2025 5.1.1. Hydraulic fracturing
5.1.1.1. Market estimates and forecast, 2015 -
2025 (USD Billion) 5.1.2. Other auxiliary services
5.1.2.1. Market estimates and forecast, 2015 -
2025 (USD Billion)
Chapter 6. Hydraulic Fracturing Market Trends, By
End-use 6.1. U.S. hydraulic fracturing market
movement, by end-use, 2017 2025 6.1.1. Oil
gas extraction
6.1.1.1. Market estimates and forecast, 2015 -
2025 (USD Billion) 6.1.2. Others
6.1.2.1. Market estimates and forecast, 2015 -
2025 (USD Billion)
Chapter 7. Competitive Landscape 7.1. Company
market share analysis 7.2. Strategic framework
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7.3. Company profiles
7.3.1. Halliburton
7.3.1.1. Company Overview 7.3.1.2. Product
Benchmarking 7.3.1.3. Financial
Performance 7.3.1.4. Recent Initiatives 7.3.2.
Schlumberger
7.3.2.1. Company Overview 7.3.2.2. Product
Benchmarking 7.3.2.3. Financial
Performance 7.3.2.4. Recent Initiatives 7.3.3.
Baker Hughes
7.3.3.1. Company Overview 7.3.3.2. Product
Benchmarking 7.3.3.3. Financial
Performance 7.3.3.4. Recent Initiatives 7.3.4.
Superior Well Services 7.3.4.1. Company
Overview 7.3.4.2. Product Benchmarking 7.3.4.3.
Financial Performance 7.3.4.4. Recent
Initiatives 7.3.5. United Oilfield
Services 7.3.5.1. Company Overview 7.3.5.2.
Product Benchmarking 7.3.5.3. Financial
Performance 7.3.5.4. Recent Initiatives 7.3.6.
List of other vendors
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About Us
Hexa Research is a market research and consulting
organization, offering industry reports, custom
research and consulting services to a host of key
industries across the globe. We offer
comprehensive business intelligence in the form
of industry reports which help our clients obtain
clarity about their business environment and
enable them to undertake strategic growth
initiatives.
Contact Us
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Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018 United States
Phone 1-800-489-3075 Email sales_at_hexaresearch.c
om Website https//www.hexaresearch.com
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