Well Intervention Market

Well Intervention Market by Service (Logging & Bottomhole Survey, Tubing/Packer Failure & Repair, Stimulation, Artificial Lift), Type (Light, Medium, Heavy) Application (Onshore, Offshore) Well (Horizontal, Vertical) Region - Global Forecast to 2025

Report Code: EP 3333 Jul, 2020, by marketsandmarkets.com

[286 Pages Report] The global well intervention market is projected to reach USD 8.8 billion by 2025 from an estimated USD 7.1 billion in 2020, at a post COVID-19 CAGR of  4.5% during the forecast period. Increasing efforts by upstream companies to enhance the production from the mature fields is driving the well intervention market.

Well Intervention Market Trends

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COVID-19 Impact on the Global Well Intervention  Market

The ongoing COVID-19 pandemic has impacted the oil & gas industry globally. Due to the current scenario, various oil & gas companies across regions has to shut down their producing assets and services as countries practiced partial or full lockdown strategy to deal with the pandemic. The companies across the region has also suspended or delayed thee major oil & gas projects. Furthermore,  COVID-19 pandemic has also impacted the  crude oil prices, well drilling and production activities, and the supply chain of oil and gas.

Well Intervention Market Dynamics

Driver: Increasing efforts for production enhancement from maturing oil & gas fields

There is an increasing demand for demand for oil & gas owing to which the companies are determined to increase the production. According to a survey by Halliburton, mature fields account for about 70% of the global oil & gas production. Since these fields are matured, they are likely to cater to the rising demand for energy in the future. Hence, these companies are currently focused on increasing recovery and extending the life of mature fields, hence exceeding the natural production levels this will likely to drive the demand of well intervention market.

Restraints:  Strict government regulations on E&P activities

Various oil-producing nations have adopted new regulations such as greenhouse gas emissions, oil & gas operations performance standards, and guidelines for the maintenance of certain stationary gas and diesel engines. This has impacted various companies in oil & gas sector. For instance, the state of New York, US, banned hydraulic fracturing because of health issues and concerns for air and water contamination. Maryland, another state in the US, has also banned hydraulic fracturing. Hence , these regulatory has impacted  the oil & gas service industry in the long term.

Opportunities: Digitalization of intervention services

The oil & gas industry is digitizing its well operation which enables the service provider  to better analysis of well conditions along with reducing the cost of operations. New solutions for well intervention service demand of upstream operators in the well intervention market. Furthermore, the upstream operators demand digital slickline methods over the conventional slickline operations, as the e-line (also known as wireline logging)  improved the success of long, challenging runs, thus eliminating costly re-runs. Such digital solutions create enough opportunities for new technologies in the well intervention market

Challenges: Intervention operations in High-Pressure High Temperature (HPHT) drilling

Drilling of HPHT exploratory wells involves high risk and high-cost operations with immense incident exposure levels. Furthermore, demand for oil & gas production is increasing, the drilling activities are moved forward challenging geographic conditions. This creates a challenging environment for well intervention services providers.

Market Interconnection

Well Intervention Market Interconnection

 

By service, the logging & bottomhole survey segment is expected to make the largest contribution to the well intervention market during the forecast period.

Logging tools are inserted into wells to measure acoustic, electrical, radioactive, and electromagnetic properties of the subsurface formations. It can be conducted during any phase, i.e., drilling, completing, producing, and even at the time of abandonment. This helps in identifying the actual condition of a well. Logging & bottomhole survey has gained more importance in recent years with the increased production of unconventional resources such as shale in the Americas and the Asia Pacific, as the shale production fields require more scrutiny.

By application, the offshore segment is expected to grow at the fastest rate during the forecast period.

The offshore segment is expected to grow at the fastest rate during the forecast period. The offshore segment is categorized further based on the well depth as shallow, deep-water, and ultra-deepwater. The ultra-deepwater segment is expected to grow at the faster CAGR as compared to deep-water segment. This would ultimately create new revenue pockets for the well intervention market during the forecast period. Moreover, new oilfield discoveries in deep-water and ultra-deepwater offshore locations are expected to increase the drilling operations, especially in North America and Africa, due to their planned exploration and drilling projects for the coming years. Such developments in the offshore are driving the well intervention market.

By well type, the horizontal wells segment is expected to dominate to the well intervention market during the forecast period.

The horizontal well segment is expected to dominate the global well intervention market owing to the booming shale production, which requires hydraulic fracturing which is one of the major drivers for well intervention market. Furthermore, it is also increasing the focus on enhancing the primary production and reducing the total number of wells to develop an entire oilfield.

North America is expected to be the largest market during the forecast period.

North America, Europe, South & Central America, Asia Pacific, Middle East, and Africa are the major regions considered for the study of the well intervention market. North America is estimated to be the largest market from 2020 to 2025, driven by the growth in unconventional resources in the US and Canada. Additionally, the demand for intervention operations in the maturing offshore fields in the Gulf of Mexico and other onshore fields in the US is expected to drive market growth.

Well Intervention Market By Region

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Key Market Players

The major players in the global well intervention market are Halliburton (US), Schlumberger (US), Baker Hughes Company  (US), Weatherford (Switzerland), NexTier Oilfield Solutions(US), NOV (US), Superior Energy Services(US), Archer (Norway), Altus Intervention (Norway), and Expro Group (UK).

Scope of the Report

Report Metric

Details

Market Size available for years

2016–2025

Base year considered

2019

Forecast period

2020–2025

Forecast units

Value (USD)

Segments covered

Service, intervention type, application, well type, and region

Geographies covered

Asia Pacific, North America, Europe, Middle East, Africa, and South & Central America

Companies covered

Halliburton (US), Schlumberger (US), Baker Hughes Company (US), Weatherford (Switzerland), NOV (US), NexTier Oilfield Solutions(US), Superior Energy Services (US), Archer (Norway), Expro Group (UK), Trican (Canada), Pioneer Energy Services(US),Basic Energy Services (US),Nine Energy Services(US),Key Energy Services(US), Oceaneering (US),Welltec (Denmark), Altus Intervention (Norway), and Oilserv (UAE)

This research report categorizes the well intervention market based on type, service type, operation type, application, well type, and region.

Based on service, the well intervention market has been segmented as follows:

  • Logging & Bottomhole survey
  • Tubing/Packer failure & repair
  • Stimulation
  • Sand Control
  • Zonal Isolation
  • Artificial Lift
  • Fishing
  • Re-perforation
  • Others (Water shut off, casing repair, horizontal well sand control, well abandonment, sand washing, and paraffin, asphaltene, and hydrates removal)

Based on the intervention type, the well intervention market has been segmented as follows:

  • Light Intervention  
  • Medium Intervention
  • Heavy Intervention

Based on application, the well intervention market has been segmented as follows:

  • Onshore
  • Offshore
    • Shallow Water
    • Deepwater
    • Ultra-deepwater

Based on well type, the well intervention market has been segmented as follows:

  • Vertical Well
  • Horizontal  Well

Based on the region, the well intervention market has been segmented as follows:

  • North America
  • Asia Pacific
  • South & Central America
  • Europe
  • Middle East
  • Africa

Recent Developments

  • In February 2020,Halliburton and SOCAR-AQS entered into an agreement to provide Broad Suite of Oilfield Products and Services in Azerbaijan.
  • In September 2019, Schlumberger launched Ora intelligent wireline formation testing platform. The platform leverages a new architecture and metrology for enhanced performance, enabling dynamic reservoir characterization. The digitally-enabled hardware can automate complex workflows, reduce operating time by more than 50%, and deliver the highest precision fluid analysis and zero contamination samples.
  • In February 2019, Halliburton announced plans to establish a new oilfield specialty chemical manufacturing facility in Saudi Arabia. This facility will manufacture chemicals for stimulation, production, midstream, and downstream engineered treatment programs.
  • In November 2019, Baker Hughes Company opened a New Wellhead Facility in Abu Dhabi. The facility is used to support assembly, repair, and field services for customers in the UAE and across the Middle East.

Frequently Asked Questions (FAQ):

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Table of Content

1 INTRODUCTION (Page No. - 38)
    1.1 STUDY OBJECTIVES
    1.2 DEFINITION AND SCOPE
           1.2.1 WELL INTERVENTION MARKET, BY SERVICE: INCLUSIONS VS. EXCLUSIONS
    1.3 MARKET SCOPE
           1.3.1 MARKET SEGMENTATION
           1.3.2 REGIONAL SCOPE
    1.4 YEARS CONSIDERED
    1.5 CURRENCY
    1.6 LIMITATION
1.7 STAKEHOLDERS

2 RESEARCH METHODOLOGY (Page No. - 42)
    2.1 SCOPE
    2.2 KEY INFLUENCING FACTORS/DRIVERS
           2.2.1 WELL COUNT
                 TABLE 1 DEMAND FOR WELL INTERVENTION SERVICES: NEW WELLS VS. OLD WELLS
                 FIGURE 1 NEWLY DRILLED WELLS
           2.2.2 RIG COUNT
                 FIGURE 2 CRUDE OIL PRICE VS. RIG COUNT
                 TABLE 2 RIG TO NEW WELL DRILL RATIO
           2.2.3 PRODUCTION
                 FIGURE 3 OPERATIONAL WELL COUNT VS. CRUDE OIL PRODUCTION
           2.2.4 CRUDE OIL PRICES
                 FIGURE 4 CRUDE OIL PRICE TREND
           2.2.5 IMPACT OF COVID-19
    2.3 MARKET SIZE ESTIMATION
           2.3.1 IDEAL DEMAND-SIDE ANALYSIS
                    2.3.1.1 Assumptions
                            TABLE 3 WELL INTERVENTION MARKET: REGION VS COST & FREQUENCY
                    2.3.1.2 Calculation
           2.3.2 SUPPLY-SIDE ANALYSIS
                    2.3.2.1 Assumptions
                    2.3.2.2 Calculation
                            FIGURE 5 RANKING OF KEY PLAYERS & INDUSTRY CONCENTRATION, 2019
           2.3.3 FORECAST
    2.4 PRIMARY INSIGHTS
        FIGURE 6 KEY SERVICE PROVIDERS' POINT OF VIEW:

3 EXECUTIVE SUMMARY (Page No. - 52)
    3.1 PRE- AND POST-COVID-19 SCENARIO ANALYSIS
        FIGURE 7 PRE- AND POST- COVID-19 SCENARIO ANALYSIS
        TABLE 4 WELL INTERVENTION MARKET SNAPSHOT
        FIGURE 8 NORTH AMERICA DOMINATED WELL INTERVENTION MARKET IN 2019
        FIGURE 9 MARKET FOR STIMULATION SEGMENT, BY SERVICE, IS EXPECTED TO GROW AT FASTEST CAGR DURING FORECAST PERIOD
        FIGURE 10 MARKET FOR MEDIUM INTERVENTION SEGMENT, BY INTERVENTION TYPE, IS EXPECTED TO GROW AT FASTEST CAGR DURING 2020-2025
        FIGURE 11 MARKET FOR OFFSHORE SEGMENT IS EXPECTED TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
        FIGURE 12 SHALLOW WATER SEGMENT DOMINATED OFFSHORE WELL INTERVENTION MARKET, BY DEPTH, IN 2019
        FIGURE 13 HORIZONTAL SEGMENT IS EXPECTED TO LEAD WELL INTERVENTION MARKET, BY WELL TYPE, DURING 2020-2025
        FIGURE 14 CONTRACTS & AGREEMENTS IS MAJOR STRATEGY ADOPTED BY PLAYERS IN WELL INTERVENTION MARKET FROM 2016 TO 2020

4 PREMIUM INSIGHTS (Page No. - 58)
    4.1 ATTRACTIVE OPPORTUNITIES IN WELL INTERVENTION MARKET DURING FORECAST PERIOD
        FIGURE 15 PRODUCTION ENHANCEMENT EFFORTS FROM MATURING FIELDS TO DRIVE THE WELL INTERVENTION MARKET, 2020-2025
    4.2 WELL INTERVENTION MARKET, BY REGION
        FIGURE 16 MARKET IN NORTH AMERICA IS EXPECTED TO GROW AT HIGHEST CAGR FROM 2020 TO 2025
    4.3 NORTH AMERICAN WELL INTERVENTION MARKET, BY WELL TYPE & COUNTRY
        FIGURE 17 HORIZONTAL WELL SEGMENT AND US DOMINATED NORTH AMERICAN WELL INTERVENTION MARKET IN 2019
    4.4 WELL INTERVENTION MARKET, BY APPLICATION
        FIGURE 18 ONSHORE SEGMENT DOMINATED WELL INTERVENTION MARKET, BY APPLICATION, IN 2019
    4.5 OFFSHORE WELL INTERVENTION MARKET, BY DEPTH
        FIGURE 19 SHALLOW WATER SEGMENT IS EXPECTED TO WITNESS FASTEST GROWTH RATE IN OFFSHORE WELL INTERVENTION MARKET, BY DEPTH, DURING FORECAST PERIOD
    4.6 WELL INTERVENTION MARKET, BY SERVICE
        FIGURE 20 LOGGING & BOTTOM-HOLE SURVEY IS EXPECTED TO DOMINATE WELL INTERVENTION MARKET, BY SERVICE, DURING FORECAST PERIOD
    4.7 WELL INTERVENTION MARKET, BY INTERVENTION TYPE
        FIGURE 21 LIGHT INTERVENTION SEGMENT DOMINATED WELL INTERVENTION MARKET, BY INTERVENTION TYPE, IN 2019
    4.8 WELL INTERVENTION MARKET, BY WELL TYPE
        FIGURE 22 HORIZONTAL WELL SEGMENT IS EXPECTED TO DOMINATE WELL INTERVENTION MARKET, BY WELL TYPE, DURING FORECAST PERIOD
 
5 MARKET OVERVIEW (Page No. - 63)
    5.1 INTRODUCTION
    5.2 COVID-19 HEALTH ASSESSMENT
        FIGURE 23 COVID-19 GLOBAL PROPAGATION
        FIGURE 24 COVID-19 PROPAGATION IN SELECT COUNTRIES
    5.3 ROAD TO RECOVERY
        FIGURE 25 RECOVERY ROAD FOR 2020
    5.4 COVID-19 ECONOMIC ASSESSMENT
        FIGURE 26 REVISED GDP FORECAST FOR SELECT G20 COUNTRIES IN 2020
    5.5 MARKET DYNAMICS
        FIGURE 27 WELL INTERVENTION MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.5.1 DRIVERS
                    5.5.1.1 Increasing efforts for production enhancement from maturing oil & gas fields
                            FIGURE 28 PEAK LOSS OF OIL FROM MATURE CONVENTIONAL OILFIELDS (2010-2017)
                    5.5.1.2 Continuous shale developments are likely to drive well intervention market
                            TABLE 5 TOP COUNTRIES WITH SIGNIFICANT TECHNICALLY RECOVERABLE SHALE RESOURCES
                    5.5.1.3 Stabilized oil prices expediting upstream capital investments
                            FIGURE 29 GLOBAL OIL & GAS UPSTREAM CAPITAL SPENDING (2014-2019)
                    5.5.1.4 Rising primary energy consumption from Asia Pacific
                            FIGURE 30 WORLD OIL DEMAND GROWTH (2018-2024)
           5.5.2 RESTRAINTS
                    5.5.2.1 Strict government regulations on E&P activities
                    5.5.2.2 Decreasing oil demand from Europe
                            FIGURE 31 EUROPE OIL CONSUMPTION TREND (2014-2040)
           5.5.3 OPPORTUNITIES
                    5.5.3.1 Digitalization of intervention services
                    5.5.3.2 Propelled exploration and production activities to drive well intervention market
                    5.5.3.3 Demand for subsea well intervention
           5.5.4 CHALLENGES
                    5.5.4.1 Challenging intervention operations in High-Pressure High Temperature drilling
                    5.5.4.2 Application of artificial lift technique in horizontal wells
                    5.5.4.3 Impact of COVID-19 on oil and gas production activities
    5.6 SUPPLY CHAIN OVERVIEW
        FIGURE 32 WELL INTERVENTION SUPPLY CHAIN
           5.6.1 KEY INFLUENCERS
                    5.6.1.1 Equipment manufacturers
                    5.6.1.2 Service providers
                    5.6.1.3 Oilfield operators
    5.7 IMPACT OF CRUDE OIL PRICE ON WELL INTERVENTION
        FIGURE 33 CRUDE PRICE VS. DRILLING AND PRODUCTION OPERATIONS
        TABLE 6 RIG COUNT & OIL PRODUCTION
    5.8 ADJACENT AND INTERCONNECTED MARKETS
        TABLE 7 ADJACENT AND INTERCONNECTED MARKETS (USD BILLION)

6 WELL INTERVENTION MARKET, BY SERVICE (Page No. - 79)
    6.1 INTRODUCTION
        FIGURE 34 LOGGING & BOTTOM-HOLE SURVEY SEGMENT HELD LARGEST MARKET SHARE IN 2019
        TABLE 8 WELL INTERVENTION MARKET SIZE, BY SERVICE, 2016-2019 (USD MILLION)
        TABLE 9 PRE COVID-19: WELL INTERVENTION MARKET SIZE, BY SERVICE, 2020-2025 (USD MILLION)
        TABLE 10 POST COVID-19: WELL INTERVENTION MARKET SIZE, BY SERVICE, 2020-2025 (USD MILLION)
    6.2 LOGGING & BOTTOMHOLE SURVEY
           6.2.1 NORTH AMERICA IS LARGEST LOGGING & BOTTOMHOLE SURVEY MARKET
                 FIGURE 35 NORTH AMERICA IS EXPECTED TO DOMINATE LOGGING & BOTTOMHOLE INTERVENTION SERVICE MARKET DURING FORECAST PERIOD
                 TABLE 11 LOGGING & BOTTOMHOLE SURVEY: WELL INTERVENTION MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
TABLE 12 POST COVID-19: LOGGING & BOTTOMHOLE SURVEY: WELL INTERVENTION MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
    6.3 TUBING/PACKER FAILURE & REPAIR
           6.3.1 EUROPE IS EXPECTED TO BE SECOND-LARGEST TUBING/PACKER FAILURE & REPAIR SERVICE MARKET
                 TABLE 13 TUBING/PACKER FAILURE & REPAIR: WELL INTERVENTION MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
                 TABLE 14 POST COVID-19: TUBING/PACKER FAILURE & REPAIR: WELL INTERVENTION MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
    6.4 STIMULATION
           6.4.1 DEMAND FOR HYDRAULIC FRACTURING IN AMERICAN REGION OFFERS LUCRATIVE OPPORTUNITY TO STIMULATION SERVICE PROVIDERS
                 TABLE 15 STIMULATION: WELL INTERVENTION MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
                 TABLE 16 POST COVID-19: STIMULATION: WELL INTERVENTION MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
    6.5 REMEDIAL CEMENTING
           6.5.1 COMPLEXITY IN CARRYING OUT E&P ACTIVITIES AT UNCONVENTIONAL RESERVES IS EXPECTED TO DRIVE MARKET FOR REMEDIAL CEMENTING SEGMENT
                 TABLE 17 REMEDIAL CEMENTING: WELL INTERVENTION MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
                 TABLE 18 POST COVID-19: REMEDIAL CEMENTING: WELL INTERVENTION MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
    6.6 ZONAL ISOLATION
           6.6.1 INCREASE IN OIL & GAS PRODUCTION FROM MATURE & HORIZONTAL WELLS IS EXPECTED TO DRIVE ZONAL ISOLATION MARKET
                 TABLE 19 ZONAL ISOLATION: WELL INTERVENTION MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
                 TABLE 20 POST COVID-19: ZONAL ISOLATION: WELL INTERVENTION MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
    6.7 SAND CONTROL
           6.7.1 REDEVELOPMENT OF AGING RESERVOIRS PROVIDES LUCRATIVE OPPORTUNITIES FOR PLAYERS IN SAND CONTROL MARKET
                 TABLE 21 SAND CONTROL: WELL INTERVENTION MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
                 TABLE 22 POST COVID-19: SAND CONTROL: WELL INTERVENTION MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
    6.8 ARTIFICIAL LIFT
           6.8.1 MIDDLE EAST IS PROJECTED TO BE FASTEST-GROWING ARTIFICIAL LIFT MARKET
                 TABLE 23 ARTIFICIAL LIFT: WELL INTERVENTION MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
                 TABLE 24 POST COVID-19: ARTIFICIAL LIFT: WELL INTERVENTION MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
    6.9 RE-PERFORATION
           6.9.1 INCREASE IN PRODUCTION FROM MATURE WELLS IS LIKELY TO SUPPORT GROWTH OF RE-PERFORATION SEGMENT
TABLE 25 RE-PERFORATION: WELL INTERVENTION MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
TABLE 26 POST COVID-19: RE-PERFORATION: WELL INTERVENTION MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
     6.1 FISHING
           6.10.1 ASIA PACIFIC HELD THIRD-LARGEST SHARE OF MARKET FOR FISHING SEGMENT
                  TABLE 27 FISHING: WELL INTERVENTION MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
                  TABLE 28 POST COVID-19: FISHING: WELL INTERVENTION MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
     6.11 OTHERS
          TABLE 29 OTHERS: WELL INTERVENTION MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
          TABLE 30 POST COVID-19: OTHERS: WELL INTERVENTION MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)

7 WELL INTERVENTION MARKET, BY INTERVENTION TYPE (Page No. - 97)
    7.1 INTRODUCTION
        FIGURE 36 LIGHT INTERVENTION SEGMENT IS EXPECTED TO BE LARGEST WELL INTERVENTION MARKET, 2020-2025
        TABLE 31 WELL INTERVENTION MARKET SIZE, BY INTERVENTION TYPE, 2016-2019 (USD MILLION)
        TABLE 32 PRE COVID-19: WELL INTERVENTION MARKET SIZE, BY INTERVENTION TYPE, 2020-2025 (USD MILLION)
        TABLE 33 POST COVID-19: WELL INTERVENTION MARKET SIZE, BY INTERVENTION TYPE, 2020-2025 (USD MILLION)
    7.2 LIGHT INTERVENTION
           7.2.1 INCREASING DEMAND FOR RISER LESS LIGHT WELL INTERVENTION VESSEL ASSISTS GROWTH OF LIGHT INTERVENTION SEGMENT
                 TABLE 34 LIGHT INTERVENTION MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
                 TABLE 35 POST COVID-19: LIGHT INTERVENTION MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
    7.3 MEDIUM INTERVENTION
           7.3.1 MARKET FOR MEDIUM INTERVENTION SEGMENT IS GROWING AT HIGHEST RATE OWING TO RISE IN DEVELOPMENTS OF UNCONVENTIONAL RESERVES WITH SUPPORT OF SNUBBING UNITS
                 TABLE 36 MEDIUM INTERVENTION MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
                 TABLE 37 POST COVID-19: MEDIUM INTERVENTION MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
    7.4 HEAVY INTERVENTION
           7.4.1 DEVELOPMENTS IN MATURE FIELDS SUPPORT ADOPTION OF HEAVY INTERVENTION SERVICES
                 FIGURE 37 NORTH AMERICA ACCOUNTED FOR LARGEST SHARE OF HEAVY INTERVENTION MARKET IN 2019
                 TABLE 38 HEAVY INTERVENTION MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
                 TABLE 39 POST COVID-19: HEAVY INTERVENTION MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)

8 WELL INTERVENTION MARKET, BY WELL TYPE (Page No. - 104)
    8.1 INTRODUCTION
        FIGURE 38 HORIZONTAL WELL SEGMENT IS EXPECTED TO LEAD WELL INTERVENTION MARKET FROM 2020 TO 2025
        TABLE 40 WELL INTERVENTION MARKET SIZE, BY WELL TYPE, 2016-2019 (USD MILLION)
        TABLE 41 PRE COVID-19: WELL INTERVENTION MARKET SIZE, BY WELL TYPE, 2020-2025 (USD MILLION)
        TABLE 42 POST COVID-19: WELL INTERVENTION MARKET SIZE, BY WELL TYPE, 2020-2025 (USD MILLION)
    8.2 HORIZONTAL WELL
           8.2.1 NORTH AMERICA IS EXPECTED TO DOMINATE MARKET FOR HORIZONTAL WELL SEGMENT OWING TO SHALE DEVELOPMENTS IN REGION
                 TABLE 43 HORIZONTAL WELL: WELL INTERVENTION MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
                 TABLE 44 POST COVID-19: HORIZONTAL WELL: WELL INTERVENTION MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
    8.3 VERTICAL WELL
           8.3.1 ASIA PACIFIC IS EXPECTED TO DOMINATE MARKET FOR VERTICAL WELL SEGMENT OWING TO INCREASING COUNT OF MATURE CONVENTIONAL FIELDS IN REGION
                 TABLE 45 VERTICAL WELL: WELL INTERVENTION MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
                 TABLE 46 POST COVID-19: VERTICAL WELL: WELL INTERVENTION MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)

9 WELL INTERVENTION MARKET, BY APPLICATION (Page No. - 110)
    9.1 INTRODUCTION
        FIGURE 39 ONSHORE APPLICATION SEGMENT IS EXPECTED TO LEAD WELL INTERVENTION MARKET FROM 2020 TO 2025
        TABLE 47 WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
        TABLE 48 PRE COVID-19: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
        TABLE 49 POST COVID-19: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
    9.2 ONSHORE
           9.2.1 INCREASING NUMBER OF ONSHORE OIL & GAS FIELDS ARE DRIVING WELL INTERVENTION MARKET
                 FIGURE 40 NORTH AMERICA DOMINATED MARKET FOR ONSHORE SEGMENT IN 2019
                 TABLE 50 ONSHORE: WELL INTERVENTION MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
                 TABLE 51 POST COVID-19: ONSHORE: WELL INTERVENTION MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
    9.3 OFFSHORE
        FIGURE 41 EUROPE DOMINATED MARKET FOR OFFSHORE SEGMENT IN 2019
        TABLE 52 OFFSHORE: WELL INTERVENTION MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
        TABLE 53 POST COVID-19: OFFSHORE: WELL INTERVENTION MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
           9.3.1 SHALLOW WATER
                    9.3.1.1 Maturing shallow oilfields in Middle East and Europe are driving well intervention market
           9.3.2 DEEPWATER
                    9.3.2.1 New discoveries in deepwater are expected to leverage deepwater well intervention market
           9.3.3 ULTRA-DEEPWATER
                    9.3.3.1 Challenging operations and safety regulations in ultra-deepwater locations are expected to drive well intervention market
                            FIGURE 42 SHALLOW WATER DEPTH SEGMENT IS EXPECTED TO BE LARGEST OFFSHORE WELL INTERVENTION MARKET, 2020-2025
                            TABLE 54 OFFSHORE: WELL INTERVENTION MARKET SIZE, BY DEPTH, 2016-2019 (USD MILLION)
                            TABLE 55 POST COVID-19: OFFSHORE: WELL INTERVENTION MARKET SIZE, BY DEPTH, 2020-2025 (USD MILLION)
 

10 WELL INTERVENTION MARKET, BY REGION (Page No. - 118)
     10.1 INTRODUCTION
          FIGURE 43 MARKET IN US IS EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD (POST COVID-19)
          FIGURE 44 NORTH AMERICA IS EXPECTED TO DOMINATE WELL INTERVENTION MARKET IN 2025 (POST COVID-19)
          TABLE 56 WELL INTERVENTION MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
          TABLE 57 PRE COVID-19: WELL INTERVENTION MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
          TABLE 58 POST COVID -19: WELL INTERVENTION MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
     10.2 NORTH AMERICA
          FIGURE 45 REGIONAL SNAPSHOT: NORTH AMERICA LED WELL INTERVENTION MARKET IN 2019
            10.2.1 BY SERVICE
                   TABLE 59 NORTH AMERICA: WELL INTERVENTION MARKET SIZE, BY SERVICE, 2016-2019 (USD MILLION)
                   TABLE 60 POST COVID-19: NORTH AMERICA: WELL INTERVENTION MARKET SIZE, BY SERVICE, 2020-2025 (USD MILLION)
            10.2.2 BY INTERVENTION TYPE
                   TABLE 61 NORTH AMERICA: WELL INTERVENTION MARKET SIZE, BY INTERVENTION TYPE, 2016-2019 (USD MILLION)
                   TABLE 62 POST COVID- 19: NORTH AMERICA: WELL INTERVENTION MARKET SIZE, BY INTERVENTION TYPE, 2020-2025 (USD MILLION)
            10.2.3 BY WELL TYPE
                   TABLE 63 NORTH AMERICA: WELL INTERVENTION MARKET SIZE, BY WELL TYPE, 2016-2019 (USD MILLION)
                   TABLE 64 POST COVID-19: NORTH AMERICA: WELL INTERVENTION MARKET SIZE, BY WELL TYPE, 2020-2025 (USD MILLION)
            10.2.4 BY APPLICATION
                   TABLE 65 NORTH AMERICA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                   TABLE 66 POST COVID-19: NORTH AMERICA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2020(USD MILLION)
            10.2.5 BY COUNTRY
                   TABLE 67 NORTH AMERICA: WELL INTERVENTION MARKET SIZE, BY COUNTRY, 2016-2019 (USD MILLION) 126
                   TABLE 68 POST COVID-19: NORTH AMERICA: WELL INTERVENTION MARKET SIZE, BY COUNTRY, 2020-2025 (USD MILLION)
                     10.2.5.1 US
                                 10.2.5.1.1 Shale development in US is driving force for well intervention market
                                            TABLE 69 US: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                            TABLE 70 POST COVID -19: US: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                     10.2.5.2 Canada
                                 10.2.5.2.1 Rising onshore oil production along with drilling of oil sands is expected to boost demand for well intervention operations
                                            TABLE 71 CANADA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                            TABLE 72 POST COVID -19: CANADA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
     10.3 EUROPE
          FIGURE 46 REGIONAL SNAPSHOT: EUROPEAN WELL INTERVENTION MARKET, 2019 (POST COVID-19)
            10.3.1 BY SERVICE
                   TABLE 73 EUROPE: WELL INTERVENTION MARKET SIZE, BY SERVICE, 2016-2019 (USD MILLION)
                   TABLE 74 POST COVID-19: EUROPE: WELL INTERVENTION MARKET SIZE, BY SERVICE, 2020-2025 (USD MILLION)
            10.3.2 BY INTERVENTION TYPE
                   TABLE 75 EUROPE: WELL INTERVENTION MARKET SIZE, BY INTERVENTION TYPE, 2016-2019 (USD MILLION)
                   TABLE 76 POST COVID-19: EUROPE: WELL INTERVENTION MARKET SIZE, BY INTERVENTION TYPE, 2020-2025 (USD MILLION)
            10.3.3 BY WELL TYPE
                   TABLE 77 EUROPE: WELL INTERVENTION MARKET SIZE, BY WELL TYPE, 2016-2019 (USD MILLION)
                   TABLE 78 POST COVID-19 :EUROPE: WELL INTERVENTION MARKET SIZE, BY WELL TYPE, 2020-2025 (USD MILLION)
            10.3.4 BY APPLICATION
                   TABLE 79 EUROPE: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                   TABLE 80 POST COVID -19: EUROPE: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
            10.3.5 BY COUNTRY
                   TABLE 81 EUROPE: WELL INTERVENTION MARKET SIZE, BY COUNTRY, 2016-2019 (USD MILLION)
                   TABLE 82 POST COVID-19: EUROPE: WELL INTERVENTION MARKET SIZE, BY COUNTRY, 2020-2025 (USD MILLION)
                     10.3.5.1 Russia
                                 10.3.5.1.1 Exploration & production activities in Russia's Far East region have picked up pace and are driving Russian well intervention market
                                            TABLE 83 RUSSIA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                            TABLE 84 POST COVID-19 :RUSSIA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                     10.3.5.2 Norway
                                 10.3.5.2.1 Fast depleting oil & gas fields in Norwegian Continental Shelf are offering opportunities for well intervention market
                                            TABLE 85 NORWAY: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                            TABLE 86 POST COVID-19 : NORWAY: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                     10.3.5.3 UK
                                 10.3.5.3.1 Redevelopments in brownfields are expected to drive UK well intervention market
                                            TABLE 87 UK: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                            TABLE 88 POST COVID -19: UK: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                     10.3.5.4 Denmark
                                 10.3.5.4.1 Offshore E&P activities are expected to support well intervention market
                                            TABLE 89 DENMARK: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                            TABLE 90 POST COVID-19 : DENMARK: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                     10.3.5.5 Rest of Europe
                              TABLE 91 REST OF EUROPE: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2025 (USD MILLION)
                              TABLE 92 POST COVID-19: REST OF EUROPE: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
     10.4 ASIA PACIFIC
            10.4.1 BY SERVICE
                   TABLE 93 ASIA PACIFIC: WELL INTERVENTION MARKET SIZE, BY SERVICE, 2016-2019 (USD MILLION)
                   TABLE 94 POSTCOVID-19: ASIA PACIFIC: WELL INTERVENTION MARKET SIZE, BY SERVICE, 2020-2025 (USD MILLION)
            10.4.2 BY INTERVENTION TYPE
                   TABLE 95 ASIA PACIFIC: WELL INTERVENTION MARKET SIZE, BY INTERVENTION TYPE, 2016-2019 (USD MILLION)
                   TABLE 96 POST COVID-19: ASIA PACIFIC: WELL INTERVENTION MARKET SIZE, BY INTERVENTION TYPE, 2020-2025 (USD MILLION)
            10.4.3 BY WELL TYPE
                   TABLE 97 ASIA PACIFIC: WELL INTERVENTION MARKET SIZE, BY WELL TYPE, 2016-2019 (USD MILLION)
                   TABLE 98 POST COVID-19: ASIA PACIFIC: WELL INTERVENTION MARKET SIZE, BY WELL TYPE, 2020-2025 (USD MILLION)
            10.4.4 BY APPLICATION
                   TABLE 99 ASIA PACIFIC: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                   TABLE 100 POST COVID-19: ASIA PACIFIC: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
            10.4.5 BY COUNTRY
                   TABLE 101 ASIA PACIFIC: WELL INTERVENTION MARKET SIZE, BY COUNTRY, 2016-2019 (USD MILLION)
                   TABLE 102 POST COVID-19: ASIA PACIFIC: WELL INTERVENTION MARKET SIZE, BY COUNTRY, 2020-2025 (USD MILLION)
                     10.4.5.1 China
                                 10.4.5.1.1 Deepwater drilling activities and shale exploration & production are likely to drive Chinese well intervention market
                                            TABLE 103 CHINA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                            TABLE 104 POST COVID-19: CHINA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                     10.4.5.2 India
                                 10.4.5.2.1 Redevelopment of oilfields is expected to drive well intervention market during forecast period
                                            TABLE 105 INDIA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                            TABLE 106 POST COVID-19: INDIA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                     10.4.5.3 Australia
                                 10.4.5.3.1 Production initiation from shale resources along with plans to redevelop mature fields is likely to drive well intervention market
                                            TABLE 107 AUSTRALIA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                            TABLE 108 POST COVID-19: AUSTRALIA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                     10.4.5.4 Indonesia
                                 10.4.5.4.1 Decline in oil & gas production is expected to support EOR applications and drive well intervention market
                                            TABLE 109 INDONESIA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                            TABLE 110 POST COVID-19: INDONESIA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                     10.4.5.5 Malaysia
                                 10.4.5.5.1 Increasing capital expenditures in upstream sector are expected to influence opportunities for Malaysian well intervention market
                                            TABLE 111 MALAYSIA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                            TABLE 112 POST COVID-19: MALAYSIA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                     10.4.5.6 Rest of Asia Pacific
                              TABLE 113 REST OF ASIA PACIFIC: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                              TABLE 114 POST COVID-19: REST OF ASIA PACIFIC: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
     10.5 SOUTH & CENTRAL AMERICA
            10.5.1 BY SERVICE
                   TABLE 115 SOUTH & CENTRAL AMERICA: WELL INTERVENTION MARKET SIZE, BY SERVICE, 2016-2019 (USD MILLION)
                   TABLE 116 POST COVID-19: SOUTH & CENTRAL AMERICA: WELL INTERVENTION MARKET SIZE, BY SERVICE, 2020-2025 (USD MILLION)
            10.5.2 BY INTERVENTION TYPE
                   TABLE 117 SOUTH & CENTRAL AMERICA: WELL INTERVENTION MARKET SIZE, BY INTERVENTION TYPE, 2016-2019 (USD MILLION)
                   TABLE 118 POST COVID-19: SOUTH & CENTRAL AMERICA: WELL INTERVENTION MARKET SIZE, BY INTERVENTION TYPE, 2020-2025 (USD MILLION)
            10.5.3 BY WELL TYPE
                   TABLE 119 SOUTH & CENTRAL AMERICA: WELL INTERVENTION MARKET SIZE, BY WELL TYPE, 2016-2019 (USD MILLION)
                   TABLE 120 POST COVID -19: SOUTH & CENTRAL AMERICA: WELL INTERVENTION MARKET SIZE, BY WELL TYPE, 2020-2025 (USD MILLION)
            10.5.4 BY APPLICATION
                   TABLE 121 SOUTH & CENTRAL AMERICA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                   TABLE 122 POST COVID -19: SOUTH & CENTRAL AMERICA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
            10.5.5 BY COUNTRY
                   TABLE 123 SOUTH & CENTRAL AMERICA: WELL INTERVENTION MARKET SIZE, BY COUNTRY, 2016-2019 (USD MILLION)
                   TABLE 124 POST COVID -19: SOUTH & CENTRAL AMERICA: WELL INTERVENTION MARKET SIZE, BY COUNTRY, 2020-2025 (USD MILLION)
                      10.5.5.1 Mexico
                                  10.5.5.1.1 Investments for developing shale resources are expected to drive Mexican well intervention market
                                            TABLE 125 MEXICO: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                            TABLE 126 POST COVID -19: MEXICO: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                      10.5.5.2 Brazil
                                  10.5.5.2.1 Offshore developments are expected to drive Brazilian well intervention market
                                             TABLE 127 BRAZIL: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                             TABLE 128 POST COVID -19: BRAZIL: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                      10.5.5.3 Venezuela
                                  10.5.5.3.1 Stabilizing crude oil prices is expected to revitalize oil production activities, thus driving Venezuelan well intervention market
                                             TABLE 129 VENEZUELA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                             TABLE 130 POST COVID-19: VENEZUELA: WELL INTERVENTION MARKET SIZE,BY APPLICATION, 2020-2025 (USD MILLION)
                      10.5.5.4 Argentina
                                  10.5.5.4.1 Development of shale reserves is expected to drive well intervention market
                                             TABLE 131 ARGENTINA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                             TABLE 132 POST COVID -19: ARGENTINA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                      10.5.5.5 Rest of South & Central America
                               TABLE 133 REST OF SOUTH & CENTRAL AMERICA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                               TABLE 134 POST COVID -19: REST OF SOUTH & CENTRAL AMERICA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
     10.6 MIDDLE EAST
             10.6.1 BY SERVICE
                    TABLE 135 MIDDLE EAST: WELL INTERVENTION MARKET SIZE, BY SERVICE, 2016-2019 (USD MILLION) 162
                    TABLE 136 POST COVID -19: MIDDLE EAST: WELL INTERVENTION MARKET SIZE, BY SERVICE, 2020-2025 (USD MILLION) 163
             10.6.2 BY INTERVENTION TYPE
                    TABLE 137 MIDDLE EAST: WELL INTERVENTION MARKET SIZE, BY INTERVENTION TYPE, 2016-2019 (USD MILLION)
                    TABLE 138 POST COVID -19: MIDDLE EAST: WELL INTERVENTION MARKET SIZE, BY INTERVENTION TYPE, 2020-2025 (USD MILLION)
             10.6.3 BY WELL TYPE
                    TABLE 139 MIDDLE EAST: WELL INTERVENTION MARKET SIZE, BY WELL TYPE, 2016-2019 (USD MILLION)
                    TABLE 140 POST COVID -19: MIDDLE EAST: WELL INTERVENTION MARKET SIZE, BY WELL TYPE, 2020-2025 (USD MILLION)
             10.6.4 BY APPLICATION
                    TABLE 141 MIDDLE EAST: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                    TABLE 142 POST COVID-19: MIDDLE EAST: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
             10.6.5 BY COUNTRY
                    TABLE 143 MIDDLE EAST: WELL INTERVENTION MARKET SIZE, BY COUNTRY, 2016-2019 (USD MILLION)
                    TABLE 144 POST COVID-19: MIDDLE EAST: WELL INTERVENTION MARKET SIZE, BY COUNTRY, 2020-2025 (USD MILLION)
                      10.6.5.1 Saudi Arabia
                                  10.6.5.1.1 Enhanced crude production from onshore fields and surge in offshore exploration are expected to drive well intervention market
                                             TABLE 145 SAUDI ARABIA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                             TABLE 146 POST COVID-19: SAUDI ARABIA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                      10.6.5.2 UAE
                                  10.6.5.2.1 Demand for well intervention services is likely to grow with fast depleting oil production from oilfields
                                             TABLE 147 UAE: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                             TABLE 148 POST COVID -19: UAE: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                      10.6.5.3 Iraq
                                  10.6.5.3.1 Onshore well drilling activities in Iraq have created opportunities for well intervention market in Iraq
                                             TABLE 149 IRAQ: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                             TABLE 150 POST COVID-19: IRAQ: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                      10.6.5.4 Iran
                                  10.6.5.4.1 Onshore segment is expected to drive Iranian well intervention market
                                             TABLE 151 IRAN: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                             TABLE 152 POST COVID -19: IRAN: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                      10.6.5.5 Qatar
                                  10.6.5.5.1 Huge untapped oil & gas reserves offer lucrative opportunities for well drilling activities and thus foster well intervention market growth
                                             TABLE 153 QATAR: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                             TABLE 154 POST COVID -19: QATAR: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                      10.6.5.6 Kuwait
                                  10.6.5.6.1 Upcoming investments in oilfields are likely to boost well intervention market
                                             TABLE 155 KUWAIT: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                             TABLE 156 POST COVID -19: KUWAIT: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                      10.6.5.7 Rest of Middle East
                               TABLE 157 REST OF MIDDLE EAST: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                               TABLE 158 POST COVID -19: REST OF MIDDLE EAST: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
     10.7 AFRICA
             10.7.1 BY SERVICE
                    TABLE 159 AFRICA: WELL INTERVENTION MARKET SIZE, BY SERVICE, 2016-2019 (USD MILLION)
                    TABLE 160 POST COVID -19: AFRICA: WELL INTERVENTION MARKET SIZE, BY SERVICE, 2020-2025 (USD MILLION)
             10.7.2 BY INTERVENTION TYPE
                    TABLE 161 AFRICA: WELL INTERVENTION MARKET SIZE, BY INTERVENTION TYPE, 2016-2019 (USD MILLION)
                    TABLE 162 POST COVID-19: AFRICA: WELL INTERVENTION MARKET SIZE, BY INTERVENTION TYPE, 2020-2025 (USD MILLION)
             10.7.3 BY WELL TYPE
                    TABLE 163 AFRICA: WELL INTERVENTION MARKET SIZE, BY WELL TYPE, 2016-2019 (USD MILLION)
                    TABLE 164 POST COVID -19: AFRICA: WELL INTERVENTION MARKET SIZE, BY WELL TYPE, 2020-2025 (USD MILLION)
             10.7.4 BY APPLICATION
                    TABLE 165 AFRICA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                    TABLE 166 POST COVID -19: AFRICA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
             10.7.5 BY COUNTRY
                    TABLE 167 AFRICA: WELL INTERVENTION MARKET SIZE, BY COUNTRY, 2016-2019 (USD MILLION)
                    TABLE 168 POST COVID -19: AFRICA: WELL INTERVENTION MARKET SIZE, BY COUNTRY, 2020-2025 (USD MILLION)
                       10.7.5.1 Nigeria
                                   10.7.5.1.1 Rising exploration activities and developments in mature oil & gas fields are expected to support well intervention market during forecast period
                                             TABLE 169 NIGERIA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                             TABLE 170 POST COVID -19: NIGERIA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                      10.7.5.2 Algeria
                                   10.7.5.2.1 Upcoming drilling projects in Algeria and rising capital expenditure in upstream operations are likely to boost well intervention market in country
                                              TABLE 171 ALGERIA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                              TABLE 172 POST COVID-19: ALGERIA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                      10.7.5.3 Angola
                                   10.7.5.3.1 Deepwater developments are expected to drive well intervention market
                                              TABLE 173 ANGOLA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                              TABLE 174 POST COVID -19: ANGOLA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                      10.7.5.4 Rest of Africa
                               TABLE 175 REST OF AFRICA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                               TABLE 176 POST COVID -19: REST OF AFRICA: WELL INTERVENTION MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)

11 COMPETITIVE LANDSCAPE (Page No. - 182)
     11.1 OVERVIEW
          FIGURE 47 KEY DEVELOPMENTS IN WELL INTERVENTION MARKET, 2016-MAY 2020
     11.2 COMPETITIVE LEADERSHIP MAPPING, 2019
             11.2.1 VISIONARY LEADERS
             11.2.2 INNOVATORS
             11.2.3 DYNAMIC
             11.2.4 EMERGING
                    FIGURE 48 COMPETITIVE LEADERSHIP MAPPING, 2019
                    FIGURE 49 PRODUCT & SERVICE OFFERINGS
     11.3 MARKET SHARE ANALYSIS, 2019
          FIGURE 50 RANKING OF KEY PLAYERS & INDUSTRY CONCENTRATION, 2019
     11.4 COMPETITIVE SCENARIO
          TABLE 177 DEVELOPMENTS OF KEY PLAYERS IN MARKET, 2016-MAY 2020
             11.4.1 NEW PRODUCT LAUNCHES
             11.4.2 EXPANSIONS & INVESTMENTS
             11.4.3 CONTRACTS & AGREEMENTS
             11.4.4 MERGERS & ACQUISITIONS

12 COMPANY PROFILES (Page No. - 191)
(Business overview, Products offered, Recent developments & MnM View)*
     12.1 HALLIBURTON
FIGURE 51 HALLIBURTON: COMPANY SNAPSHOT
     12.2 SCHLUMBERGER
          FIGURE 52 SCHLUMBERGER: COMPANY SNAPSHOT
     12.3 BAKER HUGHES COMPANY
          FIGURE 53 BAKER HUGHES COMPANY: COMPANY SNAPSHOT
     12.4 WEATHERFORD
          FIGURE 54 WEATHERFORD: COMPANY SNAPSHOT
     12.5 NEXTIER OILFIELD SOLUTIONS
          FIGURE 55 NEXTIER OILFIELD SOLUTIONS: COMPANY SNAPSHOT
     12.6 SUPERIOR ENERGY SERVICES
          FIGURE 56 SUPERIOR ENERGY SERVICES: COMPANY SNAPSHOT
     12.7 ARCHER
          FIGURE 57 ARCHER: COMPANY SNAPSHOT
     12.8 EXPRO GROUP
          FIGURE 58 EXPRO GROUP: COMPANY SNAPSHOT
     12.9 TRICAN
          FIGURE 59 TRICAN: COMPANY SNAPSHOT
     12.1 PIONEER ENERGY SERVICES
          FIGURE 60 PIONEER ENERGY SERVICES: COMPANY SNAPSHOT
     12.11 BASIC ENERGY SERVICES
           FIGURE 61 BASIC ENERGY SERVICES: COMPANY SNAPSHOT
     12.12 NINE ENERGY SERVICES
           FIGURE 62 NINE ENERGY SERVICES: COMPANY SNAPSHOT
     12.13 KEY ENERGY SERVICES
           FIGURE 63 KEY ENERGY SERVICES: COMPANY SNAPSHOT
     12.14 OCEANEERING INTERNATIONAL
           FIGURE 64 OCEANEERING INTERNATIONAL: COMPANY SNAPSHOT
     12.15 STEP ENERGY SERVICES
           FIGURE 65 STEP ENERGY SERVICES: COMPANY SNAPSHOT
     12.16 WELLTEC
     12.17 ALTUS INTERVENTION
     12.18 OILSERV

*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.

13 ADJACENT & RELATED MARKETS (Page No. - 256)
     13.1 INTRODUCTION
     13.2 LIMITATIONS
     13.3 OIL & GAS INTERCONNECTED MARKETS
     13.4 COILED TUBING MARKET
             13.4.1 MARKET DEFINITION
             13.4.2 COILED TUBING MARKET, BY SERVICE: INCLUSIONS VS. EXCLUSIONS
             13.4.3 LIMITATION
             13.4.4 MARKET OVERVIEW
                    FIGURE 66 COILED TUBING MARKET, 2018-2025 (USD MILLION)
             13.4.5 COILED TUBING MARKET, BY APPLICATION
                       13.4.5.1 Onshore
                                TABLE 178 ONSHORE: COILED TUBING MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
                                TABLE 179 POST COVID-19: ONSHORE: COILED TUBING MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
                       13.4.5.2 Offshore
                                TABLE 180 OFFSHORE: COILED TUBING MARKET SIZE, BY REGION, 2016-2019 (USD MILLION)
                                TABLE 181 POST COVID-19: OFFSHORE: COILED TUBING MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
             13.4.6 COILED TUBING MARKET, BY REGION
                       13.4.6.1 North America
                                TABLE 182 NORTH AMERICA: COILED TUBING MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                TABLE 183 POST COVID-19: NORTH AMERICA: COILED TUBING MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                       13.4.6.2 Europe
                                TABLE 184 EUROPE: COILED TUBING MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                TABLE 185 POST COVID-19: EUROPE: COILED TUBING MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                       13.4.6.3 South & Central America
                                TABLE 186 SOUTH & CENTRAL AMERICA: COILED TUBING MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                TABLE 187 POST COVID-19: SOUTH & CENTRAL AMERICA: COILED TUBING MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                       13.4.6.4 Asia Pacific
                                TABLE 188 ASIA PACIFIC: COILED TUBING MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                TABLE 189 POST COVID-19: ASIA PACIFIC: COILED TUBING MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                       13.4.6.5 Middle East
                                TABLE 190 MIDDLE EAST: COILED TUBING MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                TABLE 191 POST COVID-19: MIDDLE EAST: COILED TUBING MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
                       13.4.6.6 Africa
                                TABLE 192 AFRICA: COILED TUBING MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION)
                                TABLE 193 POST COVID-19: AFRICA: COILED TUBING MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
     13.5 ARTIFICIAL LIFT MARKET
             13.5.1 MARKET DEFINITION
             13.5.2 ARTIFICIAL LIFT MARKET, BY MECHANISM: INCLUSIONS VS. EXCLUSIONS
             13.5.3 LIMITATIONS
             13.5.4 MARKET OVERVIEW
                    FIGURE 67 ARTIFICIAL LIFT MARKET, 2018-2025 (USD MILLION)
             13.5.5 ARTIFICIAL LIFT MARKET, BY APPLICATION
                       13.5.5.1 Onshore
                                TABLE 194 ONSHORE: ARTIFICIAL LIFT MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
                       13.5.5.2 Offshore
                                TABLE 195 OFFSHORE: ARTIFICIAL LIFT MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
             13.5.6 ARTIFICIAL LIFT MARKET, BY REGION
                       13.5.6.1 North America
                                TABLE 196 NORTH AMERICA: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
                       13.5.6.2 Europe
                                TABLE 197 EUROPE: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
                       13.5.6.3 Asia Pacific
                                TABLE 198 ASIA PACIFIC: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
                       13.5.6.4 South & Central America
                                TABLE 199 SOUTH & CENTRAL AMERICA: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
                       13.5.6.5 Middle East & Africa
                                TABLE 200 MIDDLE EAST & AFRICA: ARTIFICIAL LIFT MARKET SIZE, BY APPLICATION, 2018-2025 (USD MILLION)
     13.6 DIGITAL OILFIELD MARKET
             13.6.1 MARKET DEFINITION
             13.6.2 LIMITATIONS
             13.6.3 MARKET OVERVIEW
                    FIGURE 68 DIGITAL OILFIELD MARKET, 2018-2025 (USD BILLION)
             13.6.4 DIGITAL OILFIELD MARKET, BY APPLICATION
                       13.6.4.1 Onshore
                                TABLE 201 ONSHORE: DIGITAL OILFIELD MARKET SIZE, BY REGION, 2016-2019 (USD BILLION)
                                TABLE 202 POST COVID-19: ONSHORE: DIGITAL OILFIELD MARKET SIZE, BY REGION, 2020-2025 (USD BILLION)
                       13.6.4.2 Offshore
                                TABLE 203 OFFSHORE: DIGITAL OILFIELD MARKET SIZE, BY REGION, 2016-2019 (USD BILLION)
                                TABLE 204 POST COVID-19: OFFSHORE: DIGITAL OILFIELD MARKET SIZE, BY REGION, 2020-2025 (USD BILLION)
             13.6.5 DIGITAL OILFIELD MARKET, BY REGION
                       13.6.5.1 Europe
                                TABLE 205 EUROPE: DIGITAL OILFIELD MARKET SIZE, BY APPLICATION, 2016-2019 (USD BILLION)
                                TABLE 206 POST COVID-19: EUROPE: DIGITAL OILFIELD MARKET SIZE, BY APPLICATION, 2020-2025 (USD BILLION)
                       13.6.5.2 Asia Pacific
                                TABLE 207 ASIA PACIFIC: DIGITAL OILFIELD MARKET SIZE, BY APPLICATION, 2016-2019 (USD BILLION)
                                TABLE 208 POST COVID-19: ASIA PACIFIC: DIGITAL OILFIELD MARKET SIZE, BY APPLICATION, 2020-2025 (USD BILLION)
                       13.6.5.3 Middle East
                                TABLE 209 MIDDLE EAST: DIGITAL OILFIELD MARKET SIZE, BY APPLICATION, 2016-2019 (USD BILLION)
                                TABLE 210 POST COVID-19: MIDDLE EAST : DIGITAL OILFIELD MARKET SIZE, BY APPLICATION, 2020-2025 (USD BILLION)
                       13.6.5.4 North America
                                TABLE 211 NORTH AMERICA: DIGITAL OILFIELD MARKET SIZE, BY APPLICATION, 2016-2019 (USD BILLION)
                                TABLE 212 POST COVID-19: NORTH AMERICA : DIGITAL OILFIELD MARKET SIZE, BY APPLICATION, 2020-2025 (USD BILLION)
                       13.6.5.5 Africa
                                TABLE 213 AFRICA: DIGITAL OILFIELD MARKET SIZE, BY APPLICATION, 2016-2019 (USD BILLION)
                                TABLE 214 POST COVID-19: AFRICA : DIGITAL OILFIELD MARKET SIZE, BY APPLICATION, 2020-2025 (USD BILLION)
                       13.6.5.6 South America
                                TABLE 215 SOUTH AMERICA: DIGITAL OILFIELD MARKET SIZE, BY APPLICATION, 2016-2019 (USD BILLION)
                                TABLE 216 POST COVID-19: SOUTH AMERICA: DIGITAL OILFIELD MARKET SIZE, BY APPLICATION, 2020-2025 (USD BILLION)

14 APPENDIX (Page No. - 279)
     14.1 INSIGHTS OF INDUSTRY EXPERTS
     14.2 DISCUSSION GUIDE
     14.3 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
     14.4 AVAILABLE CUSTOMIZATIONS
     14.5 RELATED REPORTS
     14.6 AUTHOR DETAILS

This study involved four major activities in estimating the current size of the well intervention market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and market sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were used to estimate the total market size. After that, the market breakdown and data triangulation were done to estimate the market size of the segments and sub-segments.

Secondary Research

This research study involved the use of extensive secondary sources, directories, and databases, such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource, to identify and collect information useful for a technical, market-oriented, and commercial study of the global well intervention market. The other secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases. 

Primary Research

The well intervention market comprises several stakeholders, such as end-product manufacturers and end-users in the supply chain. The demand-side of this market is characterized by its end-users, such as drilling service providers, upstream operators, and others. The supply-side is characterized by intervention service providers, tool providers, integrators, and others. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. The breakdown of primary respondents is given below:

Well Intervention Market Size

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches have been used to estimate and validate the size of the global well intervention market and its dependent submarkets. These methods were also used extensively to estimate the size of various sub-segments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and market have been identified through extensive secondary research, and their market share in the respective regions have been determined through both primary and secondary research.
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Global Well Intervention Market Size: Bottom-Up Approach

Well Intervention Market Bottom-Up Approach

To know about the assumptions considered for the study, Request for Free Sample Report

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the oil & gas upstream sector.

Report Objectives

  • To define, describe, and forecast the global well intervention market based on service, intervention type, application, well type, and region
  • To provide detailed information on the major factors influencing the growth of the market, such as drivers, restraints, opportunities, and industry-specific challenges
  • To strategically analyze the micro-markets with respect to individual growth trends, prospects, and contribution to the total market
  • The impact of COVID-19 on the well intervention market has been analyzed for the estimation of the market size.
  • To analyze major tools and equipment used for well intervention services
  • To analyze market opportunities for stakeholders and details of the competitive landscape for market leaders
  • To forecast the market size of segments with respect to major regions, namely, North America, South & Central America, the Middle East, Europe, Asia Pacific, and Africa
  • To strategically profile key players and comprehensively analyze their respective market share and core competencies
  • To track and analyze developments in the well intervention market, such as new product launches, expansions, mergers & acquisitions, and contracts & agreements

Available Customizations:

With the given market data, MarketsandMarkets offers customizations as per the client’s specific needs. The following customization options are available for this report:

Regional Analysis

  • Further breakdown of region or country-specific analysis

Company Information

  • Detailed analyses and profiling of additional market players (up to 5)
COVID-19

Get in-depth analysis of the COVID-19 impact on the Well Intervention Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Well Intervention Market

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Published ON
Jul, 2020
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