Global Well Testing Services Comprehensive Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030
- Report Code : FAT2060395
- Published On: Oct, 2020
- Category : Semiconductor & Electronics
- Pages : 200
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Global Well Testing Services Comprehensive Market By Application (On Shore and off Shore); By Service Type (Real Time Well Testing, Down-Hole Testing, Reservoir Sampling & Analysis, and Surface Well Testing Service.); and Region –Analysis of Market Size, Share and Trends for 2014 – 2019 and Forecasts to 2030
Product overview
Well Testing Services are used to ensure the optimization of well production and injection after they are drilled to the necessary depth utilizing smart systems and a simpler packer range. Also, components of well-fitting machinery such as production packers, valve covers, chokes, liner systems, sub-surface safety valves (SSSVs), etc. are planned, manufactured and specifically designed to meet certain specifications for wells, where SSSV is thoroughly inspected and tested. Well testing can be described as the data collection and analysis method to gain the knowledge and data to enhance the characteristics of the well and the rock formation.
Market Highlights
Fatpos Global anticipates the Well Testing Services market to surpass USD XX Billion by 2030, which is valued at XX billion in 2019 at a compound annual growth rate of XX%. Globally, growing E&P activities and rise in energy demand are expected to remain a key driver of the market growth during the predicted period. This has led to increased pressure on E&P companies to extract more hydrocarbons from existing wells with advanced and latest technologies.
Well Testing Services Market: Segments
Global Well Testing Services Comprehensive Market can be categorized by application, and type. It has been further segmented on the basis of region into North America, Europe, Asia-Pacific, Mid East and Africa
By Application (in %), global well Testing Services Market, 2019
The off shore segment is anticipated to register XX% of the volume share and is expected to grow at a highest CAGR.
Based on application the well Testing Services market can be segmented into: On Shore and off shore. The decline in on-shore oil and gas reserves forced operators to enter off-shore areas. This trend is anticipated to continue in the future as there is a surge in production from deep-water and UDS tanks that will tend to increase the demand for well completion equipment and services.
Well Testing Services Comprehensive Market: Market Dynamics
Drivers
• Rise in new oilfield exploration and global energy demand to propel growth
Factors such as rising exploration and drilling operation, recovery in oil prices and increased demand for oilfield services are driving the Well Testing Services industry. The steady rise in new oilfield exploration contributes to demand for Well Testing Services. In recent years, global energy demand has grown rapidly.
Restraints
• Decline in drilling activities to act as restraints in the market
The demand for Well completion equipment and services is directly related to the amount of production, the number of wells and the upstream oil and gas consumption. Reduction in exploratory drilling and the decline in price of oil limit the demand growth along with price which exerts a constant pressure on the industry.
Global Well Testing Services Comprehensive Market: Regions
The region segment can be further divided into five major types including North America, Latin America, Europe, APAC and MENA.
North America held the largest market accounting for XX% of total market volume share in 2019.
The increase in oil and gas operations in offshore U.S. regions is the reason that can be attributed to this growth. New discovery of shale oil in North Dakota has increased the demand for well finishing equipments.
Due to marine safety operations, growth in offshore oil and gas output and improved underwater communications in Asia-Pacific countries, such as India, China and Japan, has expanded the demand for Well Testing Services market.
Well Testing Services Comprehensive Market: Key players
• Forum Energy Technologies
o Company Profile
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• Rasson Energy India Pvt. Ltd.
• Weatherford International PLC
• Superior Energy Services
• RPC Incorporated
• Halliburton
• Ziebel
• Naseem Bukhari FZC
• Wellcare Oil Tools (P) Ltd.
• Baker Hughes Inc.
• Packers Plus Energy Services Inc.
• Schlumberger Ltd.
• Trican Well Service Ltd.
• Welltec
• Rhein-Nadel Automation GmbH
Well Testing Services Comprehensive Market report also contains analysis on:
• Well Testing Services Comprehensive Market segments:-
o By Service Type
Down-hole testing
Reservoir sampling & analysis
surface well testing service
Real time well testing
o By Application
Onshore
Offshore
• Well Testing Services Comprehensive Market dynamics
• Well Testing Services Comprehensive Market size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints
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With tables and figures helping analyze worldwide Global Well Testing Services Comprehensive market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
1. Executive Summary
2. Well Testing Services comprehensive
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. Average Pricing Analysis
5. Market Dynamics
5.1. Growth Drivers
5.2. Restraints
5.3. Opportunity
5.4. Trends
6. Correlation & Regression Analysis
6.1. Correlation Matrix
6.2. Regression Matrix
7. Recent Development, Policies & Regulatory Landscape
8. Risk Analysis
8.1. Demand Risk Analysis
8.2. Supply Risk Analysis
9. Well Testing Services comprehensive Industry Analysis
9.1. Porters Five Forces
9.1.1. Threat of New Entrants
9.1.2. Bargaining Power of Suppliers
9.1.3. Threat of Substitutes
9.1.4. Rivalry
9.2. PEST Analysis
9.2.1. Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10. Global Well Testing Services comprehensive Market
10.1. Market Size & forecast, 2019A-2030F
10.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11. Global Well Testing Services comprehensive Market: Market Segmentation
11.1. By Regions
11.1.1. North America:(U.S. and Canada)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.2. By application: Market Share (2020-2030F)
11.2.1. On Shore, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.2.2. off shore, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3. By type: Market Share (2020-2030F)
11.3.1. real time well testing, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.2. down-hole testing, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.3. reservoir sampling & analysis, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.4. surface well testing service, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.5. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12. Company Profile
12.1. Forum energy technologies
12.1.1. Company Overview
12.1.2. Company Total Revenue (Financials)
12.1.3. Market Potential
12.1.4. Global Presence
12.1.5. Key Performance Indicators
12.1.6. SWOT Analysis
12.1.7. Product Launch
12.2. Rasson Energy India Pvt. Ltd.
12.3. Weatherford International PLC
12.4. Superior Energy Services
12.5. RPC Incorporated
12.6. Halliburton
12.7. Ziebel
12.8. Naseem Bukhari FZC
12.9. Wellcare Oil Tools (P) Ltd.
12.10. Baker Hughes Inc.
12.11. Packers Plus Energy Services Inc.
12.12. Schlumberger Ltd.
12.13. Trican Well Service Ltd.
12.14. Welltec
12.15. Rhein-Nadel Automation GmbH
13. Consultant Recommendation
**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
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The Global Well Testing Services Comprehensive Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.
Report Objectives / Segmentation Covered :
By Companies / players:
By Regions:
By Type:
By Application:
Frequently asked questions(FAQ's):
MI used a variety of industry standards such as NAICS, ICB, TRIC, and others to identify functional players in the industry, which they then shortlist and validate in an iterative process to finalize the most relevant players.
It is expected that the Global Well Testing Services Comprehensive Market will reach USD XX million by 2029.
In addition to the Global Well Testing Services Comprehensive Market share analysis by competitors, the report also includes chapters on the HHI Index, CR4, and CR8 to characterize the concentration rate and competitive character of the Global Well Testing Services Comprehensive Market.
The majority of data for the Global Well Testing Services Comprehensive Industry is gathered through primary sources, which include interviews and surveys with industry experts from the core and related industries involved in the supply chain. Secondary sources, such as SEC filings, annual reports, whitepapers, and press releases, are also used.
