HOME Top Market Reports Wireline Services Market by Application (Onshore & Offshore), Type (E-Line & Slick Line), Services (Completion, Intervention & Logging), Hole Type (Cased Hole & Open Hole), & by Region - Global Trends & Forecast to 2020

Wireline Services Market by Application (Onshore & Offshore), Type (E-Line & Slick Line), Services (Completion, Intervention & Logging), Hole Type (Cased Hole & Open Hole), & by Region - Global Trends & Forecast to 2020

By: marketsandmarkets.com
Publishing Date: June 2015
Report Code: EP 3514

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The increase in demand for energy resulted in the increase in oil and gas production, which has ultimately caused the supply exceeding the demand. Consequently, the price of crude oil has declined rapidly since June 2014 forcing the oil and gas operators to reduce their capital expenditure outlook for 2015. This reduction has mainly impacted the upstream exploration and production (E&P) activities. However, the rising production from oil rich countries such as the U.S. and Saudi Arabia has resulted in higher demand for production based services. The versatile nature of wireline services position it to benefit from the rising production. Also, the reduced profit margin from oilfield services has created a need to optimize the E&P activities which involve precise reservoir evaluation which happens to be one of the major service applications of wireline.

The wireline services market is projected to grow with a CAGR of 6.5% from 2015 to 2020. Expected increase in the crude oil prices will result in more investments for the E&P activities leading to the new projects in regions that are looking to overturn their production decline such as Europe and Asia Pacific. This will in turn create further demand for the wireline services in these regions.

In terms of significance, the wireline services market has been segmented on the basis of wireline type include electric line and slick line markets. The market segments by application include onshore and offshore applications. The market segments by service type include completion, intervention, and logging services. The market segments by hole type include cased hole and open hole. The regional segmentation includes the market size and share of North America, South America, Asia-Pacific, Europe, Middle East and Africa.

This report delivers an analysis of key companies and the recent developments in the industry related to the wireline services market. In the report, the industrial trends with the help of Porters Five Forces, market drivers, restraints, opportunities, and challenges have been discussed in detail. Leading players of the market such as Schlumberger Limited (U.S.), Halliburton Company (U.S.), Baker Hughes Incorporated (U.S), Weatherford International (Ireland), and Superior Energy Services (U.S.) have been profiled to provide the scenario of the competitiveness in the wireline services market. Strategic expansion and planned mergers and acquisitions have helped companies enhance their product portfolio in different regions whereas agreements, contracts, joint ventures, and partnerships have been among the key policies adopted by the companies to increase their market share.

Growing activities both on onshore and offshore regions have encouraged the demand for wireline services for oil & gas wells. Moreover, the deepwater discoveries in Africa and Latin America coupled with the increase in maturing conventional oil fields and shale based production in North America has further increased the usage of wireline services. Leading providers of wireline services are focussing on both developed and emerging countries as the versatile nature of the wireline services allow it to be used over the entire well life cycle.

In these report wireline services market has been segmented into the following types -

On the basis of Wireline Type

  • Electric Line
  • Slick Line

On the basis of Application

  • Onshore
  • Offshore

On the basis of Service Type

  • Completion
  • Intervention
  • Logging

On the basis of Hole Type

  • Cased Hole
  • Open Hole

On the basis of Region

  • North America
  • South America
  • Asia-Pacific
  • Middle East
  • Europe
  • Africa

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered: Wireline Services Market
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown & Data Triangulation
    2.4 Research Assumptions & Limitations
           2.4.1 Assumptions
           2.4.2 Limitations

3 Executive Summary (Page No. - 29)

4 Premium Insights (Page No. - 33)
    4.1 Attractive Market Opportunities in the Wireline Services Market
    4.2 Wireline Services Market – Top Three Regions
    4.3 Wireline Service Market in Asia-Pacific
    4.4 North America, the Largest Wireline Services Market in 2014
    4.5 Wireline Service Market, By Application

5 Market Overview (Page No. - 38)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 Introduction
           5.2.2 By Application
                    5.2.2.1 Onshore
                    5.2.2.2 Offshore
           5.2.3 By Service Type
                    5.2.3.1 Well Completion
                    5.2.3.2 Well Intervention
                    5.2.3.3 Well Logging
           5.2.4 By Wireline Type
                    5.2.4.1 Electric Line
                    5.2.4.2 Slickline
           5.2.5 By Hole Type
                    5.2.5.1 Cased-Hole
                    5.2.5.2 Openhole
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Maturing & Depleting Fields
                    5.3.1.2 Increasing E&P Activities in Opec Nations
                    5.3.1.3 Liberalization of the Mexican Oil & Gas Industry
           5.3.2 Restraints
                    5.3.2.1 Low Crude Oil Prices Decreased Oil Spending
                    5.3.2.2 Increasing Focus on Renewable Energy
           5.3.3 Opportunities
                    5.3.3.1 New Oilfield Discoveries
                    5.3.3.2 Technological Advancements
                    5.3.3.3 Arctic Exploration
           5.3.4 Challenges
                    5.3.4.1 Regulatory Issues Regarding E&P Activities
    5.4 Impact of Market Dynamics
    5.5 Impact of Oil Prices Decline
    5.6 Value Chain Analysis
    5.7 Porter’s Five Forces Analysis
           5.7.1 Threat of New Entrants
           5.7.2 Threat of Substitutes
           5.7.3 Bargaining Power of Suppliers
           5.7.4 Bargaining Power of Buyers
           5.7.5 Intensity of Competitve Rivalry

6 Wireline Services Market, By Application (Page No. - 52)
    6.1 Introduction
    6.2 By Application
           6.2.1 Onshore
           6.2.2 Offshore
    6.3 By Region
           6.3.1 North America
           6.3.2 Asia-Pacific
           6.3.3 Europe
           6.3.4 Middle East
           6.3.5 Africa
           6.3.6 South America

7 Wireline Services Market, By Service (Page No. - 59)
    7.1 Introduction
    7.2 By Service
           7.2.1 Logging Services
           7.2.2 Intervention Services
           7.2.3 Completion Services
    7.3 By Region
           7.3.1 North America
           7.3.2 Asia-Pacific
           7.3.3 Europe
           7.3.4 Middle East
           7.3.5 Africa
           7.3.6 South America

8 Wireline Services Market, By Wireline Type (Page No. - 67)
    8.1 Introduction
    8.2 By Wireline Type
           8.2.1 Electric Line
           8.2.2 Slickline
    8.3 Regional Analysis
           8.3.1 North America
           8.3.2 Asia-Pacific
           8.3.3 Europe
           8.3.4 Middle East
           8.3.5 Africa
           8.3.6 South America

9 Wireline Services Market, By Hole Type (Page No. - 75)
    9.1 Introduction
    9.2 By Hole Type
           9.2.1 Cased-Hole Wireline Services
           9.2.2 Openhole Wireline Services
    9.3 By Region
           9.3.1 North America
           9.3.2 Asia-Pacific
           9.3.3 Europe
           9.3.4 Middle-East
           9.3.5 Africa
           9.3.6 South America

10 Wireline Services Market, By Region (Page No. - 83)
     10.1 Introduction
     10.2 By Region
             10.2.1 North America
                        10.2.1.1 U.S.
                        10.2.1.2 Canada
                        10.2.1.3 Mexico
             10.2.2 Asia-Pacific
                        10.2.2.1 China
                        10.2.2.2 Thailand
                        10.2.2.3 Indonesia
                        10.2.2.4 India
                        10.2.2.5 Australia
                        10.2.2.6 Malaysia
                        10.2.2.7 Vietnam
                        10.2.2.8 Rest of Asia-Pacific
             10.2.3 Europe
                        10.2.3.1 U.K.
                        10.2.3.2 Norway
                        10.2.3.3 Russia
                        10.2.3.4 The Netherlands
                        10.2.3.5 Poland
                        10.2.3.6 Rest of Europe
             10.2.4 Middle East
                        10.2.4.1 Abu Dhabi
                        10.2.4.2 Oman
                        10.2.4.3 Qatar
                        10.2.4.4 Saudi Arabia
                        10.2.4.5 Iraq
                        10.2.4.6 Kuwait
                        10.2.4.7 Rest of Middle East
             10.2.5 Africa
                        10.2.5.1 Algeria
                        10.2.5.2 Angola
                        10.2.5.3 Egypt
                        10.2.5.4 Libya
                        10.2.5.5 Nigeria
                        10.2.5.6 Rest of Africa
             10.2.6 South America
                        10.2.6.1 Argentina
                        10.2.6.2 Brazil
                        10.2.6.3 Colombia
                        10.2.6.4 Ecuador
                        10.2.6.5 Trinidad & Tobago
                        10.2.6.6 Peru
                        10.2.6.7 Venezuela
                        10.2.6.8 Rest of South America

11 Competitive Landscape (Page No. - 116)
     11.1 Overview
     11.2 Growth Strategies in the Wireline Services Market
             11.2.1 Expansions Lead the Way
     11.3 Competitive Situation & Trends
             11.3.1 Analysis of Market Share
     11.4 Recent Developments
             11.4.1 Contracts & Agreements
             11.4.2 Mergers & Acquisitions
             11.4.3 Expansions
             11.4.4 New Product/Service Developments
             11.4.5 Joint Ventures

12 Company Profile (Page No. - 129)
(Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
     12.1 Introduction
     12.2 Schlumberger Limited
     12.3 Halliburton Company
     12.4 Baker Hughes Incorporated
     12.5 Weatherford International
     12.6 Superior Energy Services Incorporated
     12.7 Pioneer Energy Services Corporation
     12.8 C&J Energy Services Incorporated
     12.9 Expro International Group Holdings Ltd.
     12.10 Archer Limited
     12.11 National Oilwell Varco Inc.
     12.12 Basic Energy Services
     12.13 Oilserv
     12.14 Wireline Engineering Ltd.

*Details on Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 172)
     13.1 Insights of Industry Experts
     13.2 Discussion Guide
     13.3 Introducing RT: Real Time Market Intelligence
     13.4 Available Customizations
     13.5 Related Reports


List of Tables (94 Tables)

Table 1 Impact Analysis of Market Dynamics
Table 2 Wireline Services Market Size, By Application, 2013-2020 (USD Million)
Table 3 Onshore Wireline Services Market Size, By Region,2013-2020 (USD Million)
Table 4 Offshore Wireline Services Market Size, By Region,2013-2020 (USD Million)
Table 5 North America: Wireline Services Market Size, By Application,2013-2020 (USD Million)
Table 6 Asia-Pacific: Wireline Services Market Size, By Application,2013-2020 (USD Million)
Table 7 Europe: Wireline Services Market Size, By Application,2013-2020 (USD Million)
Table 8 Middle East: Wireline Services Market Size, By Application,2013-2020 (USD Million)
Table 9 Africa: Wireline Services Market Size, By Application,2013-2020 (USD Million)
Table 10 South America: Wireline Services Market Size, By Application,2013-2020 (USD Million)
Table 11 Wireline Services Market Size, By Service, 2013-2020 (USD Million)
Table 12 Logging Services Market Size, By Region, 2013-2020 (USD Million)
Table 13 Intervention Services Market Size, By Region, 2013-2020 (USD Million)
Table 14 Completion Services Market Size, By Region, 2013-2020 (USD Million)
Table 15 North America: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 16 Asia-Pacific: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 17 Europe: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 18 Middle East: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 19 Africa: Wireline Services Market Size, By Service, 2013-2020 (USD Million)
Table 20 South America: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 21 Wireline Services Market Size, By Wireline Type, 2013-2020 (USD Million)
Table 22 Electric Line Wireline Services Market Size, By Hole Type,2013-2020 (USD Million)
Table 23 Electric Line Wireline Services Market Size, By Region,2013-2020 (USD Million)
Table 24 Slickline Wireline Services Market Size, By Hole Type,2013-2020 (USD Million)
Table 25 Slickline Wireline Services Market Size, By Region,2013-2020 (USD Million)
Table 26 North America: Wireline Services Market Size, By Wireline Type,2013-2020 (USD Million)
Table 27 Asia-Pacific: Wireline Services Market Size, By Wireline Type,2013-2020 (USD Million)
Table 28 Europe: Wireline Services Market Size, By Wireline Type,2013-2020 (USD Million)
Table 29 Middle East: Wireline Services Market Size, By Wireline Type,2013-2020 (USD Million)
Table 30 Africa: Wireline Services Market Size, By Wireline Type,2013-2020 (USD Million)
Table 31 South America: Wireline Services Market Size, By Wireline Type,2013-2020 (USD Million)
Table 32 Wireline Services Market Size, By Hole Type, 2013-2020 (USD Million)
Table 33 Cased-Hole Wireline Services Market Size, By Wireline Type,2013-2020 (USD Million)
Table 34 Openhole Wireline Services Market Size, By Wireline Type,2013-2020 (USD Million)
Table 35 North America: Wireline Services Market Size, By Hole Type,2013-2020 (USD Million)
Table 36 Asia-Pacific: Wireline Services Market Size, By Hole Type,2013-2020 (USD Million)
Table 37 Europe: Wireline Services Market Size, By Hole Type,2013-2020 (USD Million)
Table 38 Middle East: Wireline Services Market Size, By Hole Type,2013-2020 (USD Million)
Table 39 Africa: Wireline Services Market Size, By Hole Type,2013-2020 (USD Million)
Table 40 South America: Wireline Services Market Size, By Hole Type,2013-2020 (USD Million)
Table 41 Wireline Services Market Size, By Region, 2013-2020 (USD Million)
Table 42 North America: Wireline Services Market Size, By Country,2013-2020 (USD Million)
Table 43 U.S.: Wireline Services Market Size, By Service, 2013-2020 (USD Million)
Table 44 Canada: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 45 Mexico: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 46 Asia-Pacific: Wireline Services Market Size, By Country,2013-2020 (USD Million)
Table 47 China: Wireline Services Market Size, By Service, 2013-2020 (USD Million)
Table 48 Thailand: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 49 Indonesia: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 50 India: Wireline Services Market Size, By Service, 2013-2020 (USD Million)
Table 51 Australia: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 52 Malaysia: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 53 Vietnam: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 54 Rest of Asia-Pacific: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 55 Europe: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 56 Europe: Wireline Services Market Size, By Country,2013-2020 (USD Million)
Table 57 U.K.: Wireline Services Market Size, By Service, 2013-2020 (USD Million)
Table 58 Norway: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 59 Russia: Wireline Services Market Size, By Service, 2013-2020 (USD Million)
Table 60 The Netherlands: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 61 Poland: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 62 Rest of Europe: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 63 Middle East: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 64 Middle East: Wireline Services Market Size, By Country,2013-2020 (USD Million)
Table 65 Abu Dhabi: Wireline Services By Market Size, By Service,2013-2020 (USD Million)
Table 66 Oman: Wireline Services Market Size, By Service, 2013-2020 (USD Million)
Table 67 Qatar: Wireline Services Market Size, By Service, 2013-2020 (USD Million)
Table 68 Saudi Arabia: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 69 Iraq: Wireline Services Market Size, By Service, 2013-2020 (USD Million)
Table 70 Kuwait: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 71 Rest of Middle East: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 72 Africa: Wireline Services Market Size, By Service, 2013-2020 (USD Million)
Table 73 Africa: Wireline Services Market Size, By Region, 2013-2020 (USD Million)
Table 74 Algeria: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 75 Angola: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 76 Egypt: Wireline Services Market Size, By Service, 2013-2020 (USD Million)
Table 77 Libya: Wireline Services Market Size, By Service, 2013-2020 (USD Million)
Table 78 Nigeria: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 79 Rest of Africa: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 80 South America: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 81 South America: Wireline Services Market Size, By Country,2013-2020 (USD Million)
Table 82 Argentina: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 83 Brazil: Wireline Services Market Size, By Service, 2013-2020 (USD Million)
Table 84 Colombia: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 85 Ecuador: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 86 Trinidad & Tobago: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 87 Peru: Wireline Services Market Size, By Service, 2013-2020 (USD Million)
Table 88 Venezuela: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 89 Rest of South America: Wireline Services Market Size, By Service,2013-2020 (USD Million)
Table 90 Contracts & Agreements
Table 91 Mergers & Acquisitions
Table 92 Expansions
Table 93 New Product Developments
Table 94 Joint Ventures
 
 
List of Figures (52 Figures)
 
Figure 1 Research Design: Wireline Services Market
Figure 2 Bottom-Up Approach
Figure 3 Top-Down Approach
Figure 4 Assumptions of the Research Study
Figure 5 Limitations of the Research Study
Figure 6 Advancement in Technology has Led to Increased VersatilityAnd Efficiency
Figure 7 Wireline Services Occupied the Largest Market Share (Value) in North America in 2014
Figure 8 North America & Asia-Pacific are Expected to Dominate the Wireline Services Market During the Forecast Period
Figure 9 Wireline Services Market Size, 2015-2020 (USD Million)
Figure 10 Increase in Oil & Gas Production From North America & Opec to Create Growth in the Wireline Services Market
Figure 11 North America is Expected to Account for A Major Share of the Wireline Services Market During the Forecast Period
Figure 12 China Held A Major Share in the Asia-Pacific Wireline Services MarketIn 2014
Figure 13 North America Commanded Nearly One-Half of the Wireline Services Market in 2014
Figure 14 North America is Estimated to Occupy the Largest Market Share (Value) for Onshore Wireline Services By 2020
Figure 15 Market Segmentation: Wireline Services Market
Figure 16 Increase in Oil & Gas Production From the U.S. and the Opec CountriesIs Expected to Increase the Demand for Wireline Services
Figure 17 U.K. Production Continues to Decline
Figure 18 Decline in Crude Oil Prices Since 2014 has Continued in 2015
Figure 19 Oil & Gas Rig Count Decreased Worldwide in 2014
Figure 20 Sudden Decline in Brent Crude Oil Prices Since 2014
Figure 21 Value Chain Analysis: Wireline Services Market
Figure 22 Porter’s Five Forces Analysis: Wireline Services Market
Figure 23 Onshore Application is Estimated to Dominate the Wireline Services Market During the Forecast Period
Figure 24 Logging Services Segment to Dominate the Wireline Services Market During the Forecast Period
Figure 25 Wireline Services Market, By Wireline Type
Figure 26 Wireline Services Market, By Hole Type
Figure 27 Saudi Arabia Crude Oil Exports, By Region, 2013
Figure 28 Oil Production in Africa, 2014
Figure 29 South America Production Comparison, 2013-2014
Figure 30 Wireline Services Market Size, By Region, 2013-2020 (USD Million)
Figure 31 Regional Snapshot (2014) – Rapidly Growing Markets are Emerging as New Hot Spots
Figure 32 Companies Adopted Expansions and Contracts & Agreements Have Been the Major Growth Strategies in the Past Three Years
Figure 33 Wireline Services: Share of Key Growth Strategies, By Development, 2012 - 2015
Figure 34 Wireline Services Market Share Analysis of Top Companies, 2014
Figure 35 Battle for Market Share: Expansions Was the Key Strategy
Figure 36 Geographical Revenue Mix of the Top 5 Market Players
Figure 37 Schlumberger: Company Snapshot
Figure 38 Schlumberger: SWOT Analysis
Figure 39 Halliburton Company: Company Snapshot
Figure 40 Halliburton: SWOT Analysis
Figure 41 Baker Hughes Incorporated: Company Snapshot
Figure 42 Baker Hughes: SWOT Analysis
Figure 43 Weatherford: Company Snapshot
Figure 44 Weatherford: SWOT Analysis
Figure 45 Superior Energy Services Incorporated: Company Snapshot
Figure 46 Superior Energy Services Inc.: SWOT Analysis
Figure 47 Pioneer Energy Services Corporation: Company Snapshot
Figure 48 C&J Energy Services Inc.: Company Snapshot
Figure 49 Expro International Group Holdings Ltd.: Company Snapshot
Figure 50 Archer Limited: Company Snapshot
Figure 51 National Oilwell Varco Inc.: Company Snapshot
Figure 52 Basic Energy Services: Company Snapshot

The increase in oil and gas production notably from the U.S. and the OPEC countries such as Saudi Arabia and Iran has resulted in over supply of oil and gas in comparison to its demand. This is evident in the dramatic plunge of oil prices since mid-2014 from $111.8/barrel in June 2014 to $62.34/barrel in December 2014 for the Brent crude oil. This price decline has created a slump for E&P spending which is expected to delay capacity additions in the oil and gas industry. The delayed supply additions in combination with the decline in production rates will result in a tight market which will again increase the capital expenditure for E&P activities. The low oil prices have increased the company’s focus on optimizing production from existing oilfields which can reduce the capital spending while boosting the profit margin of the company. With continued increase in the oil and gas production in the near future, the market for wireline services is expected to grow. The wireline services market is estimated to reach $14.84 Billion at a CAGR of 6.5% from 2015 to 2020.

A wireline refers to a cable that is used for the purpose of lowering and raising a tool and equipment in a well bore for performing operations such as well completion, well intervention, and well logging. Apart from this, a wireline involves the use of additional equipment such as cable head, wireline tractors, and measuring head. This facilitates the wireline operations in cased hole as well as in open hole well completions. On the basis of the applications, wireline services can be categorized into onshore and offshore applications. Wireline services have been used to perform well operations such as completion, logging, and intervention in onshore as well as offshore regions depending upon the operator requirements. Wireline operations have been in use since the 1920s in the form of wireline logging services with the formation of the Schlumberger Company (U.S.).

The wireline services can also be segmented on the basis of the service offered which includes completions, intervention, and logging operations. The use of wireline services for completing the well includes perforating applications, deployment optimization, and casing setting. The intervention operations using wireline is generally categorized as light well intervention involving pipe recovery, remedial operations, and tubing/casing inspection. The logging services involve the use of wireline for performing well logging operations such as production logging, fluid characterization, and petro physical evaluation of the reservoir.

Wireline services are also segmented on the basis of the type of wireline used which includes Electric Line and Slick line. Slick line involves the use of a thin cable that delivers and retrieves downhole tools whereas E line uses an electrical cable that can be used to lower and retrieve tools into the wellbore and can also transmit data about the well condition.

Wireline Services Market Share, by Wireline Type, 2020

Wireline Services Market

Electric line wireline services find more usage as compared to the slick line service due to the wide applications associated with the Electric line services including wireline logging. This dominance is the result of the ability of the Electric line to transmit electrical data by providing a pathway for the communication between the surface and the downhole equipment. This trend is also supported by the use of wireline services for the purpose of reservoir evaluation.

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