The
global wireline services market. As per the report, the global
wireline services market was valued at US$18 bn in 2013 and is
predicted to reach US$33.8 bn by 2022. states that the global
wireline services market is predicted to rise at an 8.94% CAGR during
the period from 2014 to 2022 owing to growing exploration of
hydrocarbon sources and increase in drilling activities.
In-depth
research report on Wireline Services Market with Full
TOC at :
http://www.transparencymarketresearch.com/wireline-services-market.html
Wireline,
a cabling technology, is used to lower measurement equipment and
devices inside the well for well intervention, completion, logging,
and reservoir evaluation. The measurement equipment and tools display
real-time information from the wells, thus helping field engineers
and other experts better manage the process parameters. Companies
offering wireline services offer two types of services, namely
wireline fleets and wireline units, which are mounted with the
drilling rig. Some of the leading companies offering wireline
services in the global market are GE Oil & Gas, FMC Technologies,
Inc., Superior Energy Services Inc., Allied-Horizontal Wireline
Services LLC., Baker Hughes Incorporated, Halliburton Company,
Pioneer Energy Services Corporation, Weatherford International,
Schlumberger Limited, and C&J Energy Services Inc.
The
global wireline services market is segmented on the basis of
application, technology, and region. Based on application, the global
wireline services market is classified into well intervention, well
completion, and well logging. In 2013, the global wireline services
market was dominated by the well completion segment, which accounted
for 64.95% of the market. The well intervention application segment
was the smallest segment in 2013. Based on technology, the global
wireline services market is divided into electric line and slickline
segments. In 2013, the global wireline services market was dominated
by the slickline segment, which accounted for 71.13% of the market.
Slickline
services are commonly used to recover and place wellbore devices and
equipment into the well. Slicklines are primarily used at offshore
locations to lower blowout preventers (BOP). Slicklines consist of
metal wires that range from 0.108 inches to 0.125 inches. Electric
lines are available in the form of heavy and strong wirelines. The
inner wire in the electric line is generally insulated and transmits
electric power to other equipment and tools inside the wellbore.
Electric line services are required for tube perforating and well
logging operations.
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By
geography, the global wireline services market is classified into
North America, South and Central America, Europe, the Middle East and
Africa, and Asia Pacific. Currently, the global wireline services
market is led by the North America region, followed by Asia Pacific.
North America is expected to maintain its dominant position during
the forecast period. The Middle East and Africa and Europe are
expected to attract many emerging companies in the near future.
Key
segments of Global Wireline Services Market
Wireline
Services Market: By Application
- Well Intervention
- Well Logging
- Well Completion
Wireline
Services Market: By Technology
- Slickline
- Electric Line
Wireline
Services Market: By Region
North
America
- U.S.
- Rest of North America
South
& Central America
- Brazil
- Rest of South & Central America
Europe
- Russia
- Norway
- Rest of Europe
Asia
Pacific
- China
- Australia
- Malaysia
- Rest of Asia Pacific
Middle
East & Africa
- Nigeria
- Saudi Arabia
- Rest of Middle East & Africa
Browse
Article Of Global Wireline Services Market :
http://www.transparencymarketresearch.com/article/wireline-services-market.htm
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