Global Sliding Sleeves Market 2017-2021 – Key Players are Baker Hughes, Halliburton, National Oilwell Varco, NCS Multistage & Schlumberger – Research and Markets

DUBLIN–(BUSINESS WIRE)–The "Global
Sliding Sleeves Market 2017-2021" report has been added to Research
and Markets' offering.

The global sliding sleeves market to grow at a CAGR of 4.40% during the
period 2017-2021.

The sliding sleeve is one of the well completion tools that allows
communication between the tubing and the annulus for well kill
operation, circulation for tubing or annulus, and selective zone
production. 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. To calculate the market
size, the report considers the new installations and exclude spares and
aftermarket.

The latest trend gaining momentum in the market is Big data analytics
integration with upstream operations. With the decreasing profit
margins, owing to the increased production costs and low crude oil
prices, the oil and gas industry is focused on managing operational
costs to maintain incremental profit margins and cash flow.

Artificial lift systems are a way to extend the useful life of a
production well without incurring additional costs, but they introduce
additional equipment risk and process volatility. Artificial lift
optimization is a complex process that involves several resources and
substantial operational expenses. Unplanned maintenance can also result
in long outages that reduce cash flow.

According to the report, one of the major drivers for this market is
Rise in unconventional oil and gas resources. Unconventional oil and gas
resources comprise shale gas, coal bed methane, gas hydrates, tight oil,
oil sands, and others. These resources are difficult to exploit and
costly to produce. Technological advances and operational efficiencies
have driven cost reductions, thus spurring the exploitation of
unconventional resources.

The shale gas boom in the US saw the rise of unconventionally produced
natural gas supplies. The huge discoveries of oil sands in Canada have
shown the unlimited opportunities for oil exploration. As the energy
focus shifts toward natural gas, unconventional resources such as coal
bed methane (CBM) and underground coal gasification (UCG) have seen
considerable growth.

Key vendors

• Baker Hughes
• Halliburton
• National Oilwell Varco
• NCS Multistage
• Schlumberger

Other prominent vendors

• American Completion Tools
• Beijing Yilong Hengye Petroleum Engineering Technology
• China Vigor Drilling Oil Tools And Equipment
• Choice Completion Systems
• D&L Oil Tools
• Dynamic Oilfield Technology
• Evolution Oil Tools
• EXWELL OILFIELD
• Gflow
• Giant Oil Tools
• Gryphon Oilfield Solutions
• HILAND OILFIELD SERVICES
• Lone Star Oilfield Services
• MADDON Oilfield Services
• Magnum Oil Tools
• Map Oil Tools
• Ovo Eguono Nigeria
• Packers Plus Energy Services
• Parveen Industries
• Peak Completion Technologies
• PetroInnovations
• R & D Solutions
• Resource Well Completion Technologies
• SAPEX
• SCHOELLER-BLECKMANN OILFIELD EQUIPMENT
• Select Energy Systems
• Shengli Highland Oilfield Services
• STAGE COMPLETIONS
• Team Oil Tools
• Top Tools The Oilfield Partner

For more information about this report visit https://www.researchandmarkets.com/research/tp7t8c/global_sliding

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Related
Topics: Oilfield
Equipment and Services