Dublin, Oct. 8, 2013 (GLOBE NEWSWIRE) -- Research and Markets
(http://www.researchandmarkets.com/research/pw24x4/coiled_tubing)
has announced the addition of the "Coiled
Tubing Market by Services, Active Fleet & Geography - Global
Trends & Forecasts to 2018" report to their offering.
Coiled tubing is principally used in oil and gas upstream
activities. Key services include well clean outs (debris, deposits,
paraffin sediments, sand), nitrogen pumping, high-pressure jetting
for milling and cleaning, well stimulation, logging, fishing,
perforations and drilling, and others.
The CT market grew briskly in the previous decade, especially in
the North American region, with not so much presence in other
regions. The current market, however, is witnessing shrinking
profits in North America but expanding business scope in Europe,
Middle East, and Asia-Pacific. The active CT fleet count globally
also increased moderately in the last three years The overall
market is therefore projected to grow at a moderate growth rate
during the next five years. Rising activities in shale reservoirs,
heavy offshore drilling, and globally surging oil demand could
primarily drive the CT service market.
The global market revenue for coiled tubing services was valued
over $2 billion in 2012 with nearly 2,000 units of CT fleet.
Ongoing and upcoming developments in offshore drilling and massive
shale exploration and production activities are high opportunity
areas for the CT service market. Growing energy demand and
increasing E&P spending are major drivers for the coiled
tubing service market.
Geographically, the market has been studied for different regions,
such as Asia-Pacific, Europe, the Middle East, Africa, North
America, and South America. The value of the market for coiled
tubing services is analyzed in detail for all major countries. The
study covers different strategies, such as contract agreements, new
product launch, and mergers and acquisitions. Schlumberger Ltd
(U.S.), Baker Hughes Inc. (U.S.), and Halliburton Co. (U.S.) are
the dominant market leaders providing specialized solutions and
services.
Key Topics Covered:
1 Introduction
2 Executive Summary
3 Premium Insights
4 Market Overview
5 Coiled Tubing Active Fleet, By Geography & Major
Operators
6 Coiled Tubing Services, By Geography
7 Coiled Tubing Services, By Service Types
8 Competitive Landscape
9 Company Profiles
- Aker Solutions Asa
- Archer - The Well Company
- Baker Hughes INC
- C&J Energy Services INC
- Calfrac Well Services LTD
- Cwc Well Services Corporation
- Essential Energy Services LTD
- Halliburton CO
- Key Energy Services INC
- Nabors Industries LTD
- Pioneer Energy Services
- RPC INC
- San Antonio International
- Sanjel Corporation
- Savanna Energy Services Corporation
- Schlumberger LTD
- Superior Energy Services INC
- Trican Well Service LTD
- Weatherford International LTD
- Xtreme Drilling And Coil Service
For more information visit http://www.researchandmarkets.com/research/pw24x4/coiled_tubing
Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector:
Pipelines