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2017 Forecast – North America Well Intervention Services Market, Industry Size, Share, Analysis and Opportunities to 2023

Friday, March 17, 2017 4:29
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Latest industry research report on North America Well Intervention Services Market. Well intervention is an operation carried out on the gas or oil well to improve its performance and extend its lifespan. Operations performed in well intervention process include blowout recovery operation, milling inside casing, and deploying perforating guns under pressure. It provides easy access to subsea wells, restores deteriorating reservoir conditions, and pumps chemicals at the bottom of a well. The replacement of parts, elimination of well blockages, and running production strings are some of the operations that improve performance of the well.

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Revitalization of aging wells and reinforcement of existing reserves have driven growth of the North American well intervention services market. However, high environmental risks and stringent government regulations are factors obstructing the growth of the market. On the other hand, demand for well intervention in subsea and focus on unconventional reserves creates opportunities in the market.

The North America well intervention services market is segmented based on service type, applications, and countries.

The North America Well Intervention Services Market By Service Type

  • Logging & Bottom Hole Survey
  • Tubing/Packer Failure & Repair
  • Stimulation
  • Artificial Lift
  • Others

The North America Well Intervention Services Market By Application

  • Onshore
  • Offshore

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The North America Well Intervention Services Market By Country

  • U.S.
  • Canada

KEY MARKET PLAYERS:

  • Weatherford International PLC
  • Schlumberger Ltd.
  • Baker Hughes Inc.
  • Halliburton Co.
  • Nabors Industries Limited
  • Archer Limited
  • FMC Technologies
  • Expro International Group Holdings Ltd.
  • Aker Solutions ASA

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