About well completion equipment
Well completion refers to the activities of making a well capable of production. It involves conditioning a well bottom to the required specification. Principally, well completion incorporates steps such as running the production casing and tubing, perforation, assembling sand control systems (gravel packing and screens), placing the liner, installation of the wellhead equipment, and bottom hole production cementing. Wellhead equipment is installed on the surface of the well, which serves as the main pressure control equipment and connection to the bottom hole as the casing strings are suspended. A tubing hanger provides the main support to the production tubing and is situated in the wellhead assembly. The production tubing runs from the tubing hanger to the production zone and provides the main conduit for oil and gas from the production zone to the surface. The packer is placed near the foot of the tubing, above the production zone, and isolates the annulus between the production zone and the production tubing and casing. The perforation guns are used to punch holes in the production tubing and casing to provide a path for the reservoir fluids to flow into the tubing. Intelligent well equipment such as temperature and pressure sensors, transmission systems, and remote control systems are integrated with other well completion equipment to minimize completion fluid and reservoir fluid losses, maintain well integrity, maximize production, and manage reservoirs.
Technavio's analysts forecast the well completion equipment market in Middle East to grow at a CAGR of 4.7% over the period 2014-2019.
Covered in this report
The report includes the present scenario and the growth prospects of the well completion equipment market in Middle East for the period 2015-2019. The market can be segmented on the basis of equipment.
Technavio's report, Well Completion Equipment Market in Middle East 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a discussion of the key vendors operating in this market.
Key countries
• Saudi Arabia
• Iran
• Iraq
• UAE
• Kuwait
Key vendors
• Baker Hughes
• Halliburton
• Schlumberger
• Superior Energy Services
• Weatherford International
Other prominent vendors
• Casewell Services
• Crossover
• H.P. Well Screen
• Patterson Services
• Performance Wellhead & Frac Components
• Red Spider Technology
• TAM International
• T I W Corp.
Market driver
• Increase in global oil and gas demand
• For a full, detailed list, view our report
Market challenge
• Increase in geopolitical issues
• For a full, detailed list, view our report
Market trend
• Advances in technology
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Technology overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by equipment
Well completion equipment market in Middle East by equipment 2014
Well completion equipment market in Middle East by equipment 2019
Well completion equipment market in Middle East by equipment 2014-2019
Well completion equipment market in Middle East by production casing and tubing segment
Well completion equipment market in Middle East by stimulation tools segment
Well completion equipment market in Middle East by wellhead equipment segment
Well completion equipment market in Middle East by packers segment
Well completion equipment market in Middle East by sand control systems segment
Well completion equipment market in Middle East by liner hangers segment
Well completion equipment market in Middle East by intelligent wells segment
Well completion equipment market in Middle East by others segment
PART 07: Key leading countries
Well completion equipment market in Middle East by countries
Saudi Arabia
Iran
Iraq
UAE
Kuwait
Others
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
Competitive scenario
Other prominent vendors
PART 14: Key vendor analysis
Baker Hughes
Halliburton Company
Schlumberger
Superior Energy Services
Weatherford International
Appendix
List of abbreviation
PART 15: Explore Technavio
List of Exhibits
Exhibit 01: Product and solution offerings
Exhibit 02: Well completion equipment overview
Exhibit 03: Intelligent well completion equipment - relative business value
Exhibit 04: Well completion equipment market in Middle East 2014-2019 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Well completion equipment market in Middle East by equipment 2014
Exhibit 07: Well completion equipment market in Middle East by equipment 2019
Exhibit 08: Well completion equipment market in Middle East by production casing and tubing segment 2014-2019 ($ millions)
Exhibit 09: Well completion equipment market in Middle East by stimulation tools segment 2014-2019 ($ millions)
Exhibit 10: Well completion equipment market in Middle East by wellhead equipment segment 2014-2019 ($ millions)
Exhibit 11: Well completion equipment market in Middle East by packers segment 2014-2019 ($ millions)
Exhibit 12: Well completion equipment market in Middle East by sand control systems segment 2014-2019 ($ millions)
Exhibit 13: Well completion equipment market in Middle East by liner hangers segment 2014-2019 ($ millions)
Exhibit 14: Well completion equipment market in Middle East by intelligent wells segment 2014-2019 ($ millions)
Exhibit 15: Well completion equipment market in Middle East by others segment 2014-2019 ($ millions)
Exhibit 16: Well completion equipment market in Middle East by countries 2014
Exhibit 17: Well completion equipment market in Middle East by countries 2019
Exhibit 18: Well completion equipment market in Middle East by countries 2014-2019
Exhibit 19: Well completion equipment market in Saudi Arabia 2014-2019 ($ millions)
Exhibit 20: Well completion equipment market in Iran 2014-2019 ($ millions)
Exhibit 21: Well completion equipment market in Iraq 2014-2019 ($ millions)
Exhibit 22: Well completion equipment market in UAE 2014-2019 ($ millions)
Exhibit 23: Well completion equipment market in Kuwait 2014-2019 ($ millions)
Exhibit 24: Well completion equipment market in other Middle East countries 2014-2019 ($ millions)
Exhibit 25: Global oil and gas consumption 2009-2014
Exhibit 26: Impact of drivers
Exhibit 27: WTI spot price July 2014-July 2015 ($/bbl)
Exhibit 28: Impact of drivers and challenges
Exhibit 29: Superior Energy Services: Business segmentation 2014 by revenue
Exhibit 30: Superior Energy Services: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 31: Superior Energy Services: Geographical segmentation by revenue 2014
Exhibit 32: Weatherford International: Product segmentation
Exhibit 33: Weatherford: Business segmentation by revenue 2014
Exhibit 34: Weatherford: Geographical segmentation by revenue 2014
