Energy company BP grappled with containing a massive oil leak on the floor of the Gulf of Mexico as officials prepared to open investigations Tuesday into the cause and long-term political affects of the spill.
The global enhanced oil recovery market size will grow to USD 59.4 billion by 2025 (forecast year) from USD 43.3 billion in 2020 (estimated year), at a CAGR of 6.5% during the forecast period. The rising number of mature fields in North America and the Middle East, along with rising primary energy demand from the Asia Pacific, are the driving factors for the enhanced oil recovery market, globally. Technological developments in advancements in shale oil & gas reserve development, production from oil sand, and deep-water drilling have led oil & gas production across regions, which creates opportunities for growth of the market.
This report added to the broad database of confirmed research titled Heavy Commercial Vehicle Engine Oil by manufacturer, region, type and application, forecast up to 2026. Heavy Commercial Vehicle Engine Oil is proposed to feature direct documentation of all the best executions in the business. The Heavy Commercial Vehicle Engine Oil report contains a top…
This report added to the broad database of confirmed research titled Heavy Commercial Vehicle Lubricants by manufacturer, region, type and application, forecast up to 2026. Heavy Commercial Vehicle Lubricants is proposed to feature direct documentation of all the best executions in the business. The Heavy Commercial Vehicle Lubricants report contains a top to bottom investigation…
This report added to the broad database of confirmed research titled Heavy Commercial Vehicle Motor Oil by manufacturer, region, type and application, forecast up to 2026. Heavy Commercial Vehicle Motor Oil is proposed to feature direct documentation of all the best executions in the business. The Heavy Commercial Vehicle Motor Oil report contains a top…
the global coiled tubing market size is projected to reach USD 4.0 billion by 2025 from an estimated USD 3.0 billion in 2020, at a post COVID-19 CAGR of 5.8% during the forecast period. Stabilized oil prices have revitalized the exploration & production expenditures globally. This has led to increased investments in the enhancement of productivity of oil & gas wells. Furthermore, the global coiled tubing industry is driven by the upsurge in the oil & gas production by countries owing to rising demand from the Asia Pacific.
Browse 245 market data Tables and 61 Figures spread through 264 Pages and in-depth TOC on "Coiled Tubing Market"
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North America is estimated to be the fastest-growing market for coiled tubing during the forecast period. The region has been segmented, by country, into the US and Canada. The increasing shale oil & gas production in the North America region is driving the coiled tubing market. According to the BP statistical report for June 2019, the US is the top producer of oil, producing 15.3 billion barrels of oil, in 2018. Moreover, the country has been experiencing huge investments from upstream operators to increase the production from the depleting fields in Texas, Permian Basin, and the Gulf of Mexico, along with new drilling activities in ultra-deepwater locations in the Gulf of Mexico, which is likely to drive the North American coiled tubing market.
The coiled tubing market, by service, is segmented into well intervention service, drilling service, and others. Others include minor services such as fishing, fracturing, wireline logging, and inspection. Well Intervention services is the fastest growing market by region and are also observed as new revenue pockets. These services are further sub-segmented as well cleaning & pumping operations and well completions & mechanical operations. The challenges faced by oilfield operators during the well comple
According to the new market research report "Enhanced Oil Recovery Market by Technology (Thermal (In-Situ Combustion, Steam, Others), Chemical (Polymer, Surfactant, Alkaline Surfactant Polymer), Gas (CO2, Other Gas), Other EOR), Application (Onshore, Offshore), and Region - Global Forecast to 2025", The global enhanced oil recovery market size will grow to USD 59.4 billion by 2025 (forecast year) from USD 43.3 billion in 2020 (estimated year), at a CAGR of 6.5% during the forecast period. The rising number of mature fields in North America and the Middle East, along with rising primary energy demand from the Asia Pacific, are the driving factors for the enhanced oil recovery market, globally. Technological developments in advancements in shale oil & gas reserve development, production from oil sand, and deep-water drilling have led oil & gas production across regions, which creates opportunities for growth of the market.
The global enhanced oil recovery market size is projected to reach USD 59.4 billion by 2025 from an estimated USD 43.3 billion in 2020, at a CAGR of 6.5% during the forecast period. Increasing efforts by upstream companies to enhance the production from the mature fields is driving the enhanced oil recovery market.
With the increasing production from mature oilfields, there are high growth prospects for the enhanced oil recovery market during the forecast period.The leading players in the enhanced oil recovery market include Halliburton (US), Schlumberger (US), Baker Hughes Company (US), Royal Dutch Shell Plc (Netherlands), and BP Plc(UK).
Volatility is a trader's best friend, but how do they find opportunities to capitalize on? In this installment of the financial myth series, Michael McTague looks closer.
It could come to a point where Hollywood will have to change the onscreen stereotype of a call-center agent, from a young kid from Mumbai to a young kid from Manila.
Is it ok to be gay in the oil and gas and engineering industries? Officially, yes. However, the serious lack of lesbian, gay and bisexual representation in these industries suggests the answer is far more complex and needs to be addressed. Former BP CEO Lord Browne refers to it as living in the 'glass closet'.
President Barack Obama toured Louisiana's southern coastline Friday to survey what has become the worst-ever US oil disaster, as energy company BP's critical top-kill operation to cap the ruptured well in the Gulf of Mexico entered its third day.
Factors from the strong recent earnings report to the potential resolution of the protracted Greek crisis helped shares of major oil and gas companies to push higher today. Midcap options were largely ignored as mammoth mergers threaten to impact their strategies.
Forties Oilfield, located in the UK Licence Block 21/10, approximately 140 miles north-east of Aberdeen in the UK sector of the North Sea, was discovered by British Petroleum (BP) in October 1970. The platforms at the field include Forties Alpha, Forties Bravo, Forties Charlie, Forties Delta and Forties Echo.