08 August 2017
Visiongain’ has launched a new energy report The Global Well Intervention Services Market Outlook To 2027 : Analysis & Forecasts By Type Including Logging & Bottom Hole Surveys, Tubing/Packer Failure & Repair, Stimulation Jobs, Remedial Cementing, Zonal Isolations Operations, Sand Control Services, Artificial Lift Services, Fishing, Re-Perforation & Others PLUS By Application Area Including Onshore And Offshore AND By Geography Along With Profiles of Leading Companies
Well intervention is the process of intrusion in the well to enhance production which has declined due to change in reservoir conditions or any other operational difficulties. It also enhances the productivity of the existing wells.
Well intervention/workover services typically include well stimulation, logging & bottom hole survey, tubing/packer failure & repair, remedial cementing, zonal isolation, sand control services, artificial lift services, fishing, re-perforation jobs, and many others. Well intervention is done in both onshore and offshore oil & gas wells.
In depleting reservoirs when residual hydrocarbons are bypassed and eventually trapped, initial well placement may not be able to fully drain the reservoir; typically, 30%-40% of oil is easily recoverable. In such cases, the demand of drilling new wells may not be the best solution to achieve additional barrels of oil and counterbalance the natural production decline. But with well surveillance & well intervention services, recovery rate can further be enhanced to help in satisfying the current and future global energy need.
The visiongain report analyst commented “The escalating rise in the energy demand is one of the prime factors responsible for well intervention market expansion. The market is primarily service-oriented, and needs for these services by the oil & gas companies are increasing at a drastic rate. As the existing oil & gas reserves are depleting, the need for well intervention services is gaining its pace.”
Leading companies featured in the report who are developing Well Intervention Services include Aker Solutions ASA, Archer, Baker Hughes, Basic Energy Services Inc, Subsea 7 SA, Cudd Energy Services, Expro International Group Holdings Ltd, FMC Technologies Inc, Halliburton Co, Helix Energy Solutions Group Inc, Key Energy Services Inc., Lupatech S.A., Nabors Industries, Norshore, Schlumberger Ltd, Superior Energy Services Inc., Trican Well Service Ltd, Weatherford International Ltd, Welltec International Aps, ALS Oil & Gas & Wright’s Well Control Services
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to email@example.com or call her on +44 (0) 207 336 6100
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
Low operating costs associated with geothermal electricity generation drove the market during the historic period. Low operating costs associated with geothermal power encouraged many companies to invest in this market, contributing to the market growth.
06 January 2021
High demand for long lasting, reliable, and ecologically sound energy storage systems to support advanced energy storage applications is expected to drive the demand for FESS. FESS is anticipated to witness high traction in electric vehicle application over the coming years, on account of its high power density, faster charging and low environmental impact.
11 December 2020
The comprehensive report offers market estimation and forecast for the period ranging 2021-2031 for leading national markets and rest of the world. Moreover, the report contains dedicated leading companies covering 10 leading producers in the field of global tire derived fuels.
11 December 2020
The COVID-19 crisis has dramatically affected oil and gas production and demand, leaving no midstream markets untouched as drilling screeched to a halt, pipeline projects were sidelined and global storage neared capacity in a stark reversal of trends at the start of 2020.