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Oilfield Services Market worth $144 Billion by 2020

Oilfield services are used for varied purposes over the entire well life cycle that includes exploration, drilling, completion, stimulation, production, and intervention among others. The oilfield services which are used for production activities such as well intervention services, wireline services, and coiled tubing services among others, are expected to grow at a higher by 2020.<br>For more info visit:http://bit.ly/1zs3Rtz

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Oilfield Services Market worth $144 Billion by 2020

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  1. Oilfield Services Market worth $144 Billion by 2020

  2. The report “Oilfield Services Market by Type (Coiled Tubing, Well Completion, Well Intervention, Pressure Pumping, OCTG, Drilling Waster Management, Drilling & Completion Fluids, and Wireline ), & by Region - Global trends & Forecast to 2020’’ defines and segments the oilfield services market with analysis and forecast of the global E&P revenue and applications. It also identifies driving and restraining factors for the oilfield services market, with a comprehensive analysis on trends, opportunities, burning issues, and winning imperatives.

  3. Scope of the Report On the basis of Service Type • Coiled Tubing Services • Well Completion Equipment & Services • Well Intervention Services • Pressure Pumping Services • Oil Country Tubular Goods (OCTG) • Drilling Waste Management Services • Drilling & Completion Fluids Services • Wireline Services

  4. On the basis of Application • Onshore • Offshore On the basis of Region • North America • South America • Asia-Pacific • Middle East • Europe • Africa

  5. Leading Players in the Market • Schlumberger Limited (U.S.) • Halliburton Company (U.S.) • Baker Hughes Incorporated (U.S) • Weatherford International (Ireland) • National Oilwell Varco (U.S.) • Superior Energy Services (U.S.)

  6. Conclusion With continued increase in the oil and gas production in the near future, the market for oilfield services is expected to grow at a CAGR of 5.0% from 2015 to 2020 reaching to $144.36 Billion by 2020.

  7. AboutMarketsandMarkets MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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