“Due to the shale revolution, the oil and gas industry is witnessing growth in the Americas”, says Visiongain

02 December 2019
Energy

The Sliding Sleeves Market Report: Forecasts by Type (Open/Close, Choking), By Application (Onshore, Offshore), by Region (North America, Europe, Asia Pacific, Central & South America, Middle East & Africa), and analysis of leading companies operating in this industry.

The sliding sleeve is one of the well-finishing tools that enables communication between the tubing and the annulus for well-killing, tubing or annulus circulation, and selective zone production. The sliding sleeve is essentially a complete opening with an inner sleeve that can be opened or closed with the help of a wireline tool.

The primary uses for a moving sleeve involve supplying ventilation of pre / post workover annulus, multizone finishes, and power fluid annulus communications, such as installation of jet pumps. Sliding sleeves are a good alternative for plugging and a fantastic method for finishing well.

Due to the rising onshore activities around the globe, demand for sliding sleeves is that in the onshore market. In fact, the increase in demand for fuel is also increasing the need for mining operations. Oil and gas companies are therefore encouraged to explore deeper and remote reservoirs in different and harsh geographic environments.

Due to the shale revolution, the oil and gas industry is witnessing growth in the Americas. The shale revolution made it possible to explore and produce inaccessible reserves. It was also responsible for excess oil and gas production in the United States.

During the forecast period, the global sliding sleeve market is expected to expand moderately. Sliding sleeves are used mainly for limited zone development during well construction operations. The rise in global demand for oil and gas has been and will continue to be the main driver of the industry during the forecast period. The slump in prices of crude oil has had a significant impact on the upstream industry while benefiting the downstream industry.

In the forecast period, backed by new government policies on exploration and production and stability of global crude oil prices, the offshore oil and gas industry is expected to gain traction. It is anticipated that this will boost the global market for slipping sleeves. Globally, with rising energy demand, more exploration and production (E&P) activities are needed. However, the emergence of new oil and gas fields such as shale gas and tight oil has led to increased exploration operations.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100.

About Visiongain
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.

Recent News

Visiongain Publishes Non-Destructive Testing (NDT) Market Report 2021-2031

India, China, Malaysia, and Brazil are all building new bridges, dams, railroads, power plants, and refineries as part of their infrastructural growth. As a result, demand for NDT and inspection services and equipment is expected to rise, propelling the expansion of businesses that provide these services and equipment.

14 October 2021

Read

Visiongain Publishes Liquefied Natural Gas (LNG) Storage Tank Market Report 2021-2031

In many key markets, the fundamental principles for LNG growth – such as falling domestic supply and increased need for energy – remain intact. In the meanwhile, cheap prices allow for extra penetration of LNG.

15 September 2021

Read

Visiongain Publishes Flexible Battery Storage Market Report 2021-2031

The proliferation of the internet and smartphones around the world, as well as increased focus on medical device R&D and adoption of advanced healthcare technologies, as well as rising expenditure on healthcare infrastructure development, particularly in developing economies, are all contributing to the growth of the wearable devices market.

14 September 2021

Read

Visiongain Publishes State-of-Charge (SoC) Market Report 2021-2031

Although the main growth sector in the electric vehicles is lithium batteries in a number of vital medical device, including the ventilators critical to this epidemic (EVs).

07 September 2021

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever