Global Coiled Tubing Market Professional Survey Report 2019
Coiled Tubing (CT) is a cost effective solution for numerous well workover and intervention applications, which can continuously circulate through the tubing, and the CT pressure control equipment used in treating live wells. The tool string at the bottom of the coil is called as Bottom Hole Assembly (BHA). It can be a simple jetting nozzle to pump chemicals or cement through the coil or large string of logging tools. The coiled tube is straightened before being inserted into a wellbore and is re-spooled back onto the reel after completion of the operation in the wellbore. Key coiled tubing service categories include well intervention services, including well completion &well cleaning, and CT drilling among others. Some of the key uses of CT include circulation, pumping, logging, perforation, and production.
Potential increase in recoverable resources and increased exploration, production, and completion activities are the most important drivers for the coiled tubing services market. CT services are used to enhance both oil and natural gas production, while these services are necessary for any type of well to complete it and enhance production. Increasing focus toward natural gas production also require coiled tubing services.
The global Coiled Tubing market was valued at 3950 million US$ in 2018 and will reach 6480 million US$ by the end of 2025, growing at a CAGR of 6.4% during 2019-2025.
This report focuses on Coiled Tubing volume and value at global level, regional level and company level. From a global perspective, this report represents overall Coiled Tubing market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Coiled Tubing in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Coiled Tubing manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Baker Hughes
Halliburton Co.
Nabors Industries Ltd.
Superior Energy Services Inc.
Weatherford International Ltd.
Archer Limited
C&J Energy Services, Inc.
Calfrac Well Services Ltd.
RPC, Inc.
Trican
Sanjel Corporation
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Gas
Oil
Segment by Application
Well Intervention (Well Completion & Well Cleaning)
Drilling
Potential increase in recoverable resources and increased exploration, production, and completion activities are the most important drivers for the coiled tubing services market. CT services are used to enhance both oil and natural gas production, while these services are necessary for any type of well to complete it and enhance production. Increasing focus toward natural gas production also require coiled tubing services.
The global Coiled Tubing market was valued at 3950 million US$ in 2018 and will reach 6480 million US$ by the end of 2025, growing at a CAGR of 6.4% during 2019-2025.
This report focuses on Coiled Tubing volume and value at global level, regional level and company level. From a global perspective, this report represents overall Coiled Tubing market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Coiled Tubing in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Coiled Tubing manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Baker Hughes
Halliburton Co.
Nabors Industries Ltd.
Superior Energy Services Inc.
Weatherford International Ltd.
Archer Limited
C&J Energy Services, Inc.
Calfrac Well Services Ltd.
RPC, Inc.
Trican
Sanjel Corporation
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Gas
Oil
Segment by Application
Well Intervention (Well Completion & Well Cleaning)
Drilling
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