Global Downhole Tools Market Report 2023

Summary Downhole ToolsDownhole Tools are those oilfield equipment that are used during well drilling, completion and intervention or well workover activities and helps the oil well in optimizing the production levels and maintain a continuous flow from a reservoir. Downhole Tools market size will grow from USD 4.11 Billion in 2017 to USD 5.63 Billion by 2023, at an estimated CAGR of 5.4%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

By Market Players  Schlumberger Ltd.  Halliburton Co.  Saint Gobain  Baker Hughes  Weatherford International Ltd.  Logan Oil Tools Inc.  Wenzel Downhole Tools Ltd.  United Drilling Tools Ltd.  National Oilwell Varco Inc.,  Oil States International Inc.,  Moog Inc.,  Schoeller Bleckmann Oilfield Equipment AG  Anton Oilfield Services Ltd.  Excalibre Downhole Tools Ltd.,  Bilco Tools Inc.

By Tool Type  Flow & Pressure Control  Drilling  Impurity Control  Downhole Control  Handling By Application  Drilling  Completion  Well Intervention  Formation & Evaluation,  Oil & Gas Production

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