Perforating Gun Market to Surpass $898.7 Million by 2022
The global perforating
gun market is projected to reach $898.7 million by 2022, at a CAGR of
3.71%, from 2017 to 2022. The North American market is estimated to be the
largest for perforating guns, followed by Asia Pacific in 2017.
The increase in oil & gas production, increased shale
exploration, growing complexity of reservoir conditions, and increase in
average well depth over the years...
Well Casing & Cementing Market Size to Reach $11.7 Billion by 2024
The global Well
Casing & Cementing Market is projected to reach USD 11.7 billion by
2024 from an estimated USD 9.2 billion in 2019, at a CAGR of 5.0% during the
forecast period. Increasing drilling activities along with shale developments
in North America, Asia Pacific, and some parts of South & Central America
are the driving factors for the well casing & cementing market, globally.
The...
Offshore Decommissioning Market Booming Worldwide with Stunning Growth
According to the new market research report
“Offshore Decommissioning Market by Service (Well Plugging &
Abandonment, Platform Removal, Conductor Removal) Depth (Shallow, Deepwater)
Structure (Topsides, Substructure) Removal (Leave in Place, Partial, Complete),
and Region – Global Forecast to 2027″,
published by MarketsandMarkets™, the Offshore Decommissioning Market
size is...
Artificial Lift Market to Witness Remarkable Growth by 2025
The
global Artificial
Lift Market is projected to reach USD 10.3 billion by 2025 from an
estimated USD 8.0 billion in 2020, at a CAGR of 5.0% during the forecast
period. Stabilized oil prices have revitalized the exploration & production
expenditures globally. This has led to increased investments in the enhancement
of productivity of oil & gas wells. Furthermore, the global artificial
market...
Hydraulic Workover Unit Market expected to reach $11.0 Billion by 2025
According to the new market research report “Hydraulic
Workover Unit Market by Service (Workover & Snubbing),
Installation (Skid Mounted & Trailer Mounted), Capacity (0–50 Tonnes,
51–150 Tonnes, and Above 150 Tonnes), Application (Onshore, Offshore), and
Region – Global Forecast to 2025″, published by MarketsandMarkets™, the
Hydraulic Workover Unit Market size will...