$125 Billion Oilfield Services Market by Application, Service and Region – Global Forecast to 2022 – Research and Markets

DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Oilfield
Services Market by Application, Service and Region – Global Forecast to
2022” report to their offering.

The oilfield services market is projected to reach USD 125.51 billion by
2022, at a CAGR of 3.35%, from 2017 to 2022

Increased oil & gas production, shale gas extraction, and lifting of
Iranian oil export sanction are the major drivers of the oilfield
services market.

Increasing efforts in exploring new oilfields where all significant
oilfield services such as well intervention and well completion
equipment & services, among others are used, are one of the major
drivers that would drive the oilfield services market. In the oilfield
services market, fluctuating oil prices could hinder the growth of the
market.

The well completion equipment & services oilfield services sub-segment,
within the services segment, is expected to grow at the highest CAGR,
from 2017 to 2022.

The well completion equipment & services oilfield services sub-segment,
within the services segment, would grow at the highest CAGR, during 2017
to 2022, whereas, the pressure pumping oilfield services market led the
oilfield services market in 2016 and is projected to dominate the market
during the forecast period.

The pressure pumping services sub-segment is used for applications such
as well cementing which is used in the wellbore to complete wellbore
operations. Increasing drilling activities for extraction of oil & gas
has raised the demand for EOR and advanced drilling technologies,
further increasing the demand for pressure pumping services.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Oilfield Services Market, By Application

7 Oilfield Services Market, By Service

8 Oilfield Services Market, By Region

9 Competitive Landscape

10 Company Profiles

• Almansoori Petroleum Services
• Archer Limited
• Baker Hughes Incorporated
• Basic Energy Services, Inc.
• Calfrac Well Services, Ltd.
• China Oilfield Services Limited (COSL)
• Condor Energy Services Limited
• Expro International Group Holdings, Ltd.
• GE Oil & Gas
• Gyrodata Incorporated
• Halliburton Company
• Key Energy Services, Inc.
• Nabors Industries, Ltd.
• National Oilwell Varco, Inc.
• Nordic Well Services, LLC
• Oilserv
• Pioneer Energy Services Corp.
• Qinterra as
• Schlumberger Limited
• Scomi Energy Services BHD
• Superior Energy Services, Inc.
• Technipfmc, PLC
• The Engineering and Development Group
• Trican Well Service, Ltd.
• Weatherford International, PLC
• Welltec International APS

For more information about this report visit http://www.researchandmarkets.com/research/3nzwrp/oilfield_services

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Related
Topics: Oilfield
Equipment and Services