DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "United Kingdom Wireline Logging Services Market Outlook - Market Analysis by Geography, Type of Wireline (E-Line, Slickline), by Hole Type , Competitive Landscape, Key Company Information - Growth Trends and Forecasts (2015-2020)" report to their offering.
The Oil consumption in the United Kingdom decreased by 8.1% from 2012 to 2013 while the gas consumption decreased by 1.2%. Investment in North Sea oil exploration by the United Kingdom reached a record $18.2 billion in 2012 ( £11.4 billion), despite the UK governments recent decision to increase taxes on businesses doing business in the area. As a result, the wireline logging market is set to boom as the technique results in a faster return on investment.
Generally every oil well drilling starts when it is uncased. And the surface casing will be installed once a short distance is drilled, to protect the softer surface formations without caving. Number of casings installed will depends upon the total depth of the well and type of rock formation. After reaching the total depth, a log will be run to determine whether the well is economical to produce and also to determine the exact depth of the well.
Key Topics Covered:
2. Executive Summary
3. Market Overview
4. Drivers, Constraints and Opportunities
5. Wireline Logging Services Value Chain Analysis
6. United Kingdom Wireline Logging Services Market Analysis, by Type
7. United Kingdom Wireline Logging Services Market Analysis, by Wireline Type
9. Key Company Analysis
10. Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/9gj9kz/united_kingdom