DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/z6xvvs/global_oil_field) has announced the addition of the "Global Oil Field Services Market Outlook - Market Segmentation By Type (Well Intervention, Completion, Coiled Tubing, Wireline Services, Pressure Pumping), By Geography, By Country, Competitive Landscape And Key Company Information" report to their offering.
Oil and gas exploration and production is a complex process and each and every process requires sophisticated technology and equipment. First, geological surveys will be conducted to find out oil and gas reservoirs, followed by geological modeling, seismic imaging and exploratory drilling.
Pressure pumping, oil country tubular goods, wireline services, drilling & completion services, well intervention, completion equipment constitute major share of the oil field services market. In most of the cases, even bigger oil and gas companies such as Chevron and ExxonMobil doesn't buy all the equipment needed for exploration and production operations. Instead, companies turn to engineering and industrial firms that build and operate the oil rigs, tankers, and pipelines that are the backbone of the industry. These oilfield services companies provide the infrastructure, equipment, intellectual property and services needed by the international oil and gas industry to explore for, extract, and transport crude oil and natural gas from the earth to the refinery, and eventually to the consumer.
North America leads the market in terms of demand and is closely followed by Asia-Pacific. Asia-pacific's exploration activity is at an all time high from the last four-five years thanks to shale boom in some countries such as China. Decent market opportunity exists for this market in Europe, as the North Sea's new exploration activity is now moving in to deeper waters which require much sophisticated equipment. Countries such as the Netherlands and Norway present a decent market opportunity for oil country tubular goods.
Key Topics Covered:
2. Executive Summary
3. Market Overview
4. Drivers, Constraints and Opportunities
5. Oil Field Services Value Chain Analysis
6. Global Oil Field Services Market Analysis, by Geography
7. Global Oil Field Services Market Analysis, by Type
9. Key Company Analysis
10. Competitive Landscape
- Baker Hughes Inc
- Schlumberger Limited
- Halliburton Company
- Weatherford International
- Superior Energy Services, Inc
- Pioneer Energy Services
- National Drilling Company
- BJ Services Company
- Diamond Offshore Drilling Inc.
- China Oilfield Services Limited
For more information visit http://www.researchandmarkets.com/research/z6xvvs/global_oil_field