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Well Intervention Market - Global Industry Analysis and Forecast | 2025

Development of new oilfields has been a major factor driving market growth. Employment of well intervention services has increased owing to the growing need for energy.

The Global Well Intervention Market is expected to reach USD 17.76 billion by 2025, according to a new report by Grand View Research, Inc.


Well intervention services have various uses in drilling operations including, monitoring pressure & temperature at the reservoir. It is also utilized for transporting fluids and gasses to and fro the reservoir, stimulating the well and making it ready for production by increasing the flow of hydrocarbons, and isolating desired sections by means of annular seals.

Well intervention services are utilized extensively for E&P activities and well cleanup purposes. Monitoring of various activities in the well reservoir, and the ongoing operations, including, perforations, radioactivity, temperature, cementing, noise, plug and packer settings, have become of utmost importance; owing to the high amount of risk. On account of this scenario, logging and bottom hole survey was the largest service category in 2016 and is projected to show a steady growth over the next eight years. The logging and bottom hole survey segment had a market share of 22.1% in 2016.

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Offshore is expected to be the fastest growing segment in the application category over the forecast period with an estimated CAGR of 5.1% from 2016 to 2025. A lot of logistics are required for offshore exploration & production activities. The equipment utilized for offshore drilling operations is also expensive as it has to withstand the pressure & temperature of the water bodies as well as the drilling activity. This factor is anticipated to positively drive the offshore segment growth over the forecast period of 2017 to 2025.

Top Players of Well Intervention Market:

Key players of the industry include Baker Hughes, Archer Limited, Halliburton, Weatherford International, and Schlumberger.

Market Segmentation of Well Intervention Market:

The Global Well Intervention Market Segmented on the basis of Service and Application.

By Service:

    Logging & Bottom Hole Survey
    Tubing/Packer Failure & Repair
    Stimulation
    Remedial Cementing
    Zonal Isolation
    Sand Control Services
    Artificial Lift
    Fishing
    Re-Perforation

By Application:

    Onshore
    Offshore

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