70 likes | 76 Views
Significant depletion of matured oil fields has forced Oil companies to shift their focus towards drilling activities. Pressure pumping being an essential part of pumping oil from matured oil fields and increased drilling activities to pump oil from unconventional onshore fields is leading to a significant increase in the demand in the pressure pumping market. With the further depletion of oil fields the market for pressure pumping is going to witness further growth due to increasing complexity of pumping oil from shallow oil fields.<br>Segments <br>The Pressure pumping market has been segmented on the basis of Well Type as Land and Offshore. On the basis of Services the market has been segmented as cementing, hydraulics and fracturing.<br>Request Sample @ https://www.marketresearchfuture.com/sample_request/1354<br>
E N D
Global Pressure Pumping Market Research Report - Forecast to 2027
Global Pressure Pumping Market Research Report - Forecast to 2027 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2027 REQUEST SAMPLE VIEW REPORTS PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
Pressure Pumping Market - 2027 Global Pressure Pumping Market Information Report by Well Type (Land and Offshore), by Services (cementing, hydraulics and fracturing) And by Region - Forecast to 2027 Global Pressure Pumping Market - Overview: Pressure pumping is a propagation of fractures through layers of rock using pressurized fracturing fluid and pumping the cement into the well bore to complete it. It is primarily used to extract resources from low permeability reservoirs such as shale gas, and unconventional liquids, which are difficult to recover through regular drilling procedures. According to a recent study report published by the Market Research Future, The global market of Pressure Pumping is booming and expected to gain prominence over the forecast period. The global Pressure Pumping market is forecasted to demonstrate an exponential growth by 2027, surpassing its previous growth records in terms of value with a whooping, CAGR during the estimated period (2017 – 2027). New oil reserve discoveries increase the drilling and exploration activities in coming years which upsurge the demand for the market. For example, in Liberia, Exxon Mobile Corporation is planning to start oil drilling in its recently found oil reserves by 2018. Moreover, global increasing demand for energy cross the globe has resulted in rapid increase in the offshore drilling activities to meet the increasing demand, which ultimately has provided significant boost to the Pressure Pumping market. However, stringent government regulation as well as high installation cost of pressure pumping systems are the factors may hinder the market growth of the market. www.marketresearchfuture.com
Pressure Pumping Market - 2027 • Segments • The Pressure pumping market has been segmented on the basis of Well Type as Land and Offshore. On the basis of Services the market has been segmented as cementing, hydraulics and fracturing.Intended AudiencePressure pumping Contractors • Pressure pumping Suppliers • Research and Development (R&D) Companies • Regional Analysis of Pressure Pumping Market: • North America is the leading region in this market mainly due to large number of major contractors and Companies in this region. North America is poised to growth at a significant pace with the existing competition in the market and heavy investments in R&D for technological development.Key Players • Some of the key players in the Pressure Pumping market are Weatherford International, China Oilfield Services Ltd., Halliburton Company, SaipemS.p.A., Schlumberger Limited, Baker Hughes and Superior Energy Services • . www.marketresearchfuture.com
Pressure Pumping Market - 2027 Global Pressure Pumping Market - Competitive Analysis: Global Pressure Pumping Market appears to be highly fragmented and competitive owning to the presence of numerous large and medium players active in regional market. The key strategies traced from the analysis of recent developments of the key players include Product Launch, Agreement & Partnership, Acquisition and expansion. Strategic partnerships between Key players support the growth and expansion plans of the key players during the forecast period. On the product and sales side, companies are investing in innovation/R&D, brand building, and fostering strong relationships with customers to support their competitive position. Manufacturers operating in the market strive to deliver innovative solutions that improve the design and manufacturing processes of business around the world. Focusing upon the competitive edge, Pressure Pumping equipment manufacturers strive to develop products that can deliver optimal efficient, convenience and reliability. Utilizing their international and regional presence, these manufacturers assure their customers with the consistency in product & service quality. Manufacturers strive to develop their product portfolio with a wide range of Pressure Pumping for every application. Industry News • In January 2016, Trican Well Service Ltd announce that it has entered into a definitive agreement with Keane Group, a privately-held, U.S. based well completion services company for the sale of Trican's United States pressure pumping business. The agreed purchase price for the disposition is USD 200 million, or CDN 285 million. • In March 2017, Trican and Canyon to combine to create premier canadian pressure pumping company www.marketresearchfuture.com
ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future. www.marketresearchfuture.com
MARKET RESEARCH FUTURE THANK YOU salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK) www.marketresearchfuture.com