Wireline Service is the routine maintenance of a wellbore with wireline tools or any other devices so that well completion operations can be further worked upon. The service uses a cabling technology that a wireline service provider in oil and gas exploration and production business provides. This cabling technology together with the tools perform functions like intervening, pipe recovery and reservoir evaluation, etc.
Wireline Services is mainly used for three applications: Wireline Logging, Wireline Intervention and Wireline Completion. And Wireline Completion is the most widely used which takes up about 63.17% of the global market in 2016.
North America is the largest consumption region of Wireline Services in the world in the past few years. North America market took up about 26.50% the global market in 2016, while Europe was 20.31%, and MEA is followed with the share about 17.85%.
USA, UK, UAE and Norway are now the key developers of Wireline Services. And the high quality products are mainly supplied by overseas producers.
Schlumberger, Halliburton, Baker Hughes, Archer, Weatherford and COSL are the key suppliers in the global Wireline Services market. Top 3 took up about 60% of the global market in 2016.
In 2018, the global Wireline Services market size was 8230 million US$ and it is expected to reach 8550 million US$ by the end of 2025, with a CAGR of 0.5% during 2019-2025.
This report focuses on the global Wireline Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Wireline Services development in United States, Europe and China.
The key players covered in this study
Superior Energy Services
Pioneer Energy Services
C&J Energy Services
Basic Energy Services
Market segment by Type, the product can be split into
Market segment by Application, split into
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Wireline Services status, future forecast, growth opportunity, key market and key players.
To present the Wireline Services development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Wireline Services are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.