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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Well Intervention Market Price, Packaging Trends, Industry Outlook & Forecast.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Well Intervention Market Price, Packaging Trends, Industry Outlook & Forecast."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Well Intervention Market Price, Packaging Trends, Industry Outlook & Forecast 2016-2024

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Global Well Intervention Market size is set to grow substantially during the forecast timeline. Rapid depletion of oil reserves coupled with increasing oil demand will positively influence the global industry outlook. Well intervention is a club of operations carried out to manage the production of an oil and gas well. Global Well Intervention Market  Well intervention operations are carried out for improving production, repairs and well maintenance. Global energy demand subject to rapid industrialization and urbanization requires enhanced production which will provide a massive hike to the well intervention market. The stakeholders of the well intervention industry are oilfield service companies, oil and gas field operators, national oil companies and government and industry associations.  Rise in deep water and ultra-deep water drilling will increase the demand for applications in the well intervention market. Flow restrictions to oil in wells, changes in reservoir conditions, excessive sand production, mechanical failure, weight restrictions and limited space on platforms will positively impact the industry growth. Global Market Scenario of Well Intervention Industry

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Stringent government regulations including Oil Spill Prevention, Control and Countermeasure (SPCC) administered by the United States Environment Protection Agency regarding oil and gas leaks, National Primary Drinking Water Regulation (NPDWR) for water contamination and public health are the restraining factors faced by this industry. Volatility in oil prices has an inverse effect on the well intervention market growth.  Reasons to Buy This Report: 1. Well Intervention size & share forecast by product & application, 2016-2024 2. Growth drivers, pitfalls & industry challenges 3. Well Intervention Market growth opportunities & emerging business models 4. Competitive benchmarking with market share analysis and company profiles  Well intervention services include logging and bottom-hole survey, coiled tubing, wireline, tractors, hydraulic workover, stimulation, zonal isolation, remedial cementing services and reperforations. The logging and bottom-hole survey and coiled tubing is expected to dominate the well intervention market with stimulation services showing highest growth rate.  The introduction of specialized vessels for well intervention are having a decent potential towards the industry growth. Well intervention operations can be applied in onshore and offshore which embraces light, medium and heavy well intervention. Light well intervention reduces the cost up to one-third resulting in better exploitation of wells. Continue…

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5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report On Well Intervention Market@ http://bit.ly/2nIvyuV Request Table of Contents of this report@ http://bit.ly/2oGIbrt For Customization in this report click@ http://bit.ly/2wV0YGC

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