Oilfield Services Market Research Report - Forecast to 2023

1. Market Highlights Oilfield services are being applied by all E&P companies to enhance recovery of fossil fuels. Aging production wells is a primary factor driving the growth of the global oilfield services market. Analytics plays a very important role in operating a successful business today, and oilfield services primarily use analytics to improve production. The demand for oilfield services is growing globally, for instance in May 2018 Saudi Aramco signed a contract with Halliburton to operate in shale fields in the country. Based on service, the oilfield services market is segmented as seismic, drilling, characterization, completion, production, well intervention, and others. Completion segment held the largest market share in 2017, primarily on account of the advances in completion technology. Some of the latest completion technology include permanent monitoring system, stimulation, and surface logging. Based on application, the oilfield services market is segmented as onshore and offshore. The onshore segment held the largest market share in 2017 owing to the rise in maturing wells. Request sample report @ https://www.marketresearchfuture.com/sample_request/6835 The global oilfield services market is expected to grow at 4.01% CAGR during the forecast period. Market Research Analysis North America accounts for the largest market share whereas Middle East & Africa is the fastest growing region. Region wise, North America held the largest market share of the global oilfield services market in 2017. It is estimated that the Middle East & Africa region will continue to dominate the market during the forecast period, mainly due to the availability of huge reserves of shale. The region has substantial prospects in the countries including Saudi Arabia, UAE and Jordan. Scope of the Report This report provides an in-depth analysis of the global oilfield services market, tracking TWO market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for North America, Europe, Asia-Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the oilfield services market by its service, application, and region. By Service  Seismic  Drilling  Characterization  Completion

2.  Production,  Well Intervention  Others By Application  Onshore  Offshore By Regions  North America  Asia-Pacific  Europe  Rest of the World Key Players The key players of the global oilfield services market are Schlumberger Limited (US), General Electric (US), Halliburton (US), Weatherford (France), National Oilwell Varco (US), Asian Oilfield Services Limited (India), TechnipFMC plc (UK), Bronco Oilfield Services Inc (US), and Liberty Oilfield Service (US). Full Access Reports @ https://www.marketresearchfuture.com/reports/oilfield-services-market-6835 About Market Research Future: Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR’s methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects. Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions. Contact Us: Market Research Future Office No. 528, Amanora Chambers

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