Technological advancements in exploration activities of shale gas and coalbed methane are driving the North America wireline services market.
.jpg)
“North America Wireline
Services Market by Service Type (Logging, Well Intervention, Completion), by
Application (Onshore & Offshore), and by Countries –Trends & Forecasts to 2019”
Advanced
technologies have enabled exploration activities to be carried out for sources
other than crude oil, such as shale gas, coal bed methane, and unconventional
resources. These activities require sophisticated tools and techniques to drill
inside the well. Improved technologies such as the multi-stage hydraulic
fracturing of horizontal wells require advanced tools to explore unconventional
sources. To perform these fracturing techniques, accurate real-time information
about reservoir temperature, pressure, and topology is required. These
parameters are gathered by logging and other wireline services. Additionally,
many other wireline services are required during completion operations.
The increase in
exploration activities for shale and other resources, especially in countries
such as the U.S., and Mexico has led to a widespread need for wireline
services.
In-depth
profiling of the key players have been conducted, along with the recording of
their recent developments (including new product launches, partnerships,
agreements, collaborations, and joint ventures) and strategies adopted by them to
sustain and strengthen their positions in the North America wireline services market.
Baker Hughes Inc. (U.S.), Nabors Industries Ltd.
(Bermuda), and Halliburton Co. (U.S.) are among the key players operating
in this market.
