Wireline Services Market Intelligence

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Subscription Benefits:

  • PRO access to New Beroe LiVE*
  • Unlimited updates on the Report*
  • Supplier Watchlist for 3 suppliers*
  • Supplier Shortlisting Tool*

With this purchase you will be subscribed for a 12-month PRO membership to the upcoming all new Beroe LiVE (launching in Q3, 2020)

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*These features will be unlocked on the new Beroe LiVE when it launches (Q3, 2020)

Are you looking for answers on Wireline Services category?

Are you looking for answers on Wireline Services category?

  • What are the key trends in Wireline Services category?
  • Am I paying the right price?
  • Am I working with the right supplier?
  • What are the major challenges and risks in Wireline Services industry?
  • How is Wireline Services industry performing?

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Report Coverage

  • Market Overview
  • Supply Market Outlook: Supply Trends and Insights
  • Cost Structure Analysis
  • Wireline Services: Procurement

Market Size

Global market size

$9.4 Billion

North America

$4.15 Billion

Latin America

$1.07 Billion

Europe, CIS & Africa

$1.23 Billion

Table of contents

  1. Wireline Services Executive Summary
  2. Global Market
  3. Market Overview
  4. COVID-19 Impact
  1. Wireline Services Market Analysis
  2. Category Description
  3. Global Market Overview for Wireline Services
  4. Market Drivers and Constraints
  5. Porter’s Five Forces Analysis
    - Innovation
    - Sustainability
  6. Regional Market Outlook
  7. US Market Outlook

 

  1. Wireline Services Cost & Pricing Analysis
  2. Cost Structure Analysis
  3. Wireline Services and Equipment's Cost
  4. Estimates: North America
  1. Wireline Services Engagement Models
  2. Industry Best Practices
  3. Contract Types

 

  1. Wireline Services Procurement & Supplier Analysis 
  2. Supply Market Outlook: Supply Trends and Insights
  3. Wireline Services: Procurement

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Global Market Overview for Wireline Services

  • Global market for wireline services is estimated to be at $9.4 billion in 2020. Cased hole wireline services contributed to majority of the market share in 2020
  • Increase in capex spending by oil companies is expected to rise the demand for wireline services in the near future

In terms of value, the global wireline services market stood at $9.4 billion in 2020. The market is forecasted to reach $11.5 billion by the end of 2023, with a CAGR of 7.0 percent

  • Segment wise, cased hole wireline services accounted for 62.8 percent of the overall wireline services marketin 2020
  • Open hole wireline services are majorly applicable for new wells, which constituted to around $4.5 billion in 2020. The open hole wireline services market is expected to increase its market share by the end of 2023, due to upcoming surge in wells 

wireline-services-market-outlook

Global Wireline Services- Market Drivers and Constraints 

Drivers

Market Drivers and Constraints Drivers Constraints

  • Increase in CAPEX spending is driving the demand for wireline services
  • Advancement in technologies related to E-Line is likely to increase the demand for the service
  • Wireline services are required during well construction, completion and production. Increasing in number of drilling wells globally is increasing demand for wireline services

Constraints 

  • Stringent environment & emission regulations are making the wireline services activities costlier across several countries
  • Major oil & gas assets in Australian Offshore, Gulf of Mexico, Canada are located in environmentally sensitive areas require state-of-art technology, which comes with higher cost

Wireline Services: US Market Outlook

 Permian basin is the largest market in the US region for wireline services. The region held a market share of 33.5 percent in 2019, of which, more than 90 percent is contributed from cased hole wireline services. Drilling and completion spend is expected to increase in th e coming years, which boost the wireline services market in the region

  •  The demand for wireline services in the Mid-Continent region is increasing after a downward trend since the oil price crisis. The region contributed to around 15.4 percent of the overall US wireline services market in 2019
  •  Eagle Ford is another major region, which has high demand for wireline services

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