Research and Markets: Global Pressure Pumping Market in Oil and Gas Industry 2015-2019 - Hydraulic Fracturing, Cementing, and Others

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/r6kn76/global_pressure) has announced the addition of the "Global Pressure Pumping Market in Oil and Gas Industry 2015-2019" report to their offering.

The Global Pressure Pumping market in Oil and Gas industry to grow at a CAGR of 14.6% over the period 2014-2019

Pressure pumping services increase access to the proven reserves, improve the asset value, ROI, and reservoir yield and integrity. They are generally used in maturing reservoirs or places where oil extraction conditions are challenging. The ever-increasing demand for oil and gas has led to a shift toward EOR. This has led to increased activities in unconventional gas plays, which utilize advanced techniques to enhance the reservoir recovery. Hence, pressure pumping has been gaining traction in the market due to increased process complexity of oil and gas exploration.

One key trend witnessed in this market is the rise in unconventional oil and gas resources. Rapidly increasing populations and industrialization have led to the increased demand for oil and gas. The requirement of pressure pumps is huge because of the complexity and unfavorable conditions for unconventional exploration and production.

According to the report, one of the main drivers in this market is the increase in global oil and gas demand. As a result of the increased E&P of oil and gas, many industries worldwide are adopting this technology.

Further, the report states that a major challenge confronting the market is the shortfall in the revenue generation of oil companies. Because of decreasing imports from the US and China, crude oil prices have declined leading to lower revenue generation by the oil companies.

Key Vendors

  • Baker Hughes
  • Halliburton
  • National Oil Varco
  • Schlumberger
  • Weatherford International

Other Prominent Vendors

  • Calfrac Well Services
  • Frac Tech Services
  • Sanjel
  • Trican

Key Topics Covered:

  1. Executive Summary
  2. List of Abbreviations
  3. Scope of the Report
  4. Market Research Methodology
  5. Introduction
  6. Market Landscape
  7. Market Segmentation by Application
  8. Geographical Segmentation
  9. Key Leading Countries
  10. Buying Criteria
  11. Market Growth Drivers
  12. Drivers and their Impact
  13. Market Challenges
  14. Impact of Drivers and Challenges
  15. Market Trends
  16. Trends and their Impact
  17. Vendor Landscape
  18. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/r6kn76/global_pressure

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Gas, Oil

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Gas, Oil