DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/jtt9zg/global_well) has announced the addition of the "Global Well Intervention Market Forecast To 2018, Analysis By Region, Well Intervention Types, Competitive Landscape, Deal Analysis" report to their offering.
Global well intervention market is expected to worth $17.5 billion by 2018, up from $9.97 billion in 2013, with a CAGR of 11.9%. Continuous depletion of oil reserves and increasing oil demand over the world is making a huge market potential for well intervention. The global oil demand is forecasted to reach 96.9 million barrels per day by 2020. To meet this increasing demand, oil and gas companies require new technology and equipment in intervention to achieve better oil recovery, thus opening up market for well intervention.
Well intervention services are often termed as Services that extend the life of producing wells by improving performance or providing access to stranded or additional hydrocarbon reserves. The well intervention or work over market is primarily affected by increasing oil and demand and ageing assets.
The well intervention market is expected to grow at an increasing pace, as the operators are finding new discoveries. Currently, North America is leading the well intervention market. Followed by Europe, South & Central America.
Key Topics Covered:
2 Report Guidance & Description
3 Overview and Well Intervention Scenario
4 Market Overview
5 Offshore Production & Reserves
6 Onshore Production & Reserves
7 Drivers & Constraints
8 Cases of Loss of Well Integrity
9 Global Intervention Demand
10 Company Profiles
11 Well Intervention Supply
12 Intervention Vessel Work Scopes
13 Financial Deals Landscape
14 Recent Developments
- Aker Solutions Asa
- Archer The Well Company
- Baker Hughes Inc.
- Cudd Energy Services
- FMC Technologies Inc.
- Haliburton Co
- Helix Energy Solutions Group Co
- Weatherford International Ltd
- Welltec International Aps
For more information visit http://www.researchandmarkets.com/research/jtt9zg/global_well