DUBLIN, Aug. 28, 2014 /PRNewswire/ -- Research and
Markets has announced the addition of the "Global Wireline
Services Market" report to their offering.
http://photos.prnewswire.com/prnh/20130307/600769
The oil field service companies accommodate the wireline
services to the exploration and production (E&P) companies of
oil & natural gas. There has been a continuous increase in the
exploration and production activities of oil & gas in finding
new areas of unconventional resources, which has immensely
bolstered the growth of the global wireline services market.
These wireline services are required by the oil and gas
industries for its entire lifecycle which includes exploration,
drilling, completion, stimulation, and intervention. The growth of
the wireline services market is directly proportional to the
drilling and completion activities around the world. Various other
factors such as geological condition and types of reservoir require
different types of wireline services which boosts the growth of the
global wireline services market. On the other hand, increased
investment in the exploration and production activities will act as
a market opportunity for the wireline services market.
The global market for the wireline services market has a wide area
of application as these services are specifically used to run the
equipment into the down hole, after and before the completion. The
major drivers for the global wireline services market is the
increase in demand for oil and gas globally. This has pressurized
the industries to extract more from each well and, henceforth,
further deep exploration is done. To accomplish the growing demand,
there has been continuous growth in exploration, production and
completion activities.
Furthermore, the industries are also discovering new oil and gas
fields which require several wireline services. The discovery of
shale gas and shale fields has tremendously increased the market
for wireline services market. Moreover, these services are used to
recover oil and natural gas both, which also increases the demand
for wireline services market. Another driver of the global wireline
services market is the energy strategy shift towards the gas and
energy security. The market restraints of the global wireline
services market are the environment regulations and public outcry.
Increase in the seismic activities has also slowed down the growth
of global market for wireline services.
Geographically, North America has
the major market share for global wireline services market. The
strong research and development practices in the North American
region have helped the market to grow. Also, the favorable
regulations have helped the North American market to propel to the
level of market leader in global wireline services market. However,
the mature wireline services market in this region is subjected to
stiff competition. The market for wireline services, in the
remaining region, is growing at a higher growth rate with
exploration of new reserves and oilfields creating growth
prospects, especially, in the Asia-Pacific and Middle-East regions.
This research report analyzes this market depending on its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include North America, South
America, Asia Pacific,
Africa, Europe and Middle
East.
In North America, the United States holds the largest market and
is led by companies such as Schlumberger, Baker Hughes, Superior
Energy Services and Halliburton. On the basis of service types, the
global markets for wireline services can be segmented as:
- Logging
- Well intervention
- completion
The study provides a comprehensive view of the market
competition by using Porter's Five Force Model and the impact of
suppliers, buyers, new entrants, substitutes and the degree of
competition. It also covers market share analysis by companies and
provides detailed profiles of the leading players in the market
such as Schlumberger, Halliburton, Baker Hughes, Casedhole
Solutions, Nabors Industries Ltd., Pioneer Energy Services,
Superior Energy Services, Inc., and Weatherford International
Inc.
Wireline Services Market: By Application
- Wireline Logging
- Wireline Intervention
- Wireline Completion
Wireline Services Market: Regional Analysis
- North America
- Europe
- South America
- Middle East
- Asia Pacific
- Africa
Key Topics Covered:
1. Report Description
2. Global wireline services market estimates and forecasts, 2014 -
2020 (USD Billion)
3. Introduction
4. Wireline Logging
5. Wireline Services Market: Regional analysis
6. Baker Hughes, Inc.
Companies Mentioned:
- Aker Solutions
- Baker Hughes, Inc.
- C&J Energy Services, Inc.
- FMC Technologies
- Halliburton Company
- Nabors Industries, Ltd.
- National Oilwell Varco Incorporated
- Pioneer Energy Services Corp.
- Schlumberger Limited
- Superior Energy Services, Inc.
- Weatherford International, Ltd.
For more information visit
http://www.researchandmarkets.com/research/5k73mf/global_wireline
Media Contact: Laura Wood,
+353-1-481-1716, press@researchandmarkets.net