Well completion refers to activities that render a well capable of production. It primarily involves conditioning the well bottom to the required specification. Well completion incorporates steps like running the production casing and tubing, perforation, assembling sand control systems (gravel packing, screens),placing a liner and installing well head equipment (production tree).This may also involve bottom hole production cementing. Well completion equipment enables the process of well completion. Well head equipment are installed on the surface of the well, which serve as the main pressure control equipment and connection to the bottom hole as the casing strings are suspended.
Analysts forecast the Global Well Completion Equipment Market to grow at a CAGR of 11.45 percent over the period 2014-2019.
The Global Well Completion Equipment Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Well Completion Equipment market forecast and its growth prospects in the coming years. The report also includes segmentation on the basis of type of equipment along with geographical segmentation. It also includes a discussion of the key vendors operating in this market.
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- Baker Hughes
- Weatherford International
Other Prominent Vendors
- TAM International
- Watson Packer
- T I W Corporation
- Casewell Services
- World Oil Tools
- Map Oil Tools
- HP Well Screen
- Turn-Tex Machine & Tool
- Performance Wellhead & Frac Components
- Wellhead Works
- Red Spider Technology
- Patterson Services
- Increase in Global Oil and Gas Demand
- Political Instability
- Advances in Technology
Key Questions Answered in this Report
- What will the market size be in 2019 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?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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