Well intervention is a part of the upstream segment. After the drilling of the well is done, the well has to be readied for production. All the activities that prepare the well for production come under well intervention services. Moreover, after the production starts, activities such as coring and fishing may also be carried out if required. Workover operations in a well are also a part of well intervention services. A well intervention is performed on an oil or gas well during or at the end of its productive life.
Technavio’s analysts forecast the global well intervention services market to grow at a CAGR of 4.26% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global well intervention services market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Well Intervention Services Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors • EQT (previously Aker Solutions) • AKOFS OFFSHORE • ALTUS INTERVENTION • Archer • Axis Well Technology • BlueSparkEnergy • Danum Well Services • DeepWell • Expro Group • Gulf Intervention Services DMCC • Hunting • Kinetic Services • Nabors Industries • Nordic Well Services • Oceaneering International • TechnipFMC • Wild Well Control • WISE Intervention Services
Market driver • Growth of drilling activities in unconventional areas • For a full, detailed list, view our report
Market challenge • Decline in investments in upstream sector • For a full, detailed list, view our report
Market trend • Technological advances in well intervention techniques • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
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Oil And Gas
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