Well Testing Services Market by Services (Downhole Well Testing, Surface Well Testing, Reservoir Sampling, Real Time Well Testing, Hydraulic Fracturing Method Testing) by Application (Onshore, Offshore), by Well Type (Horizontal Wells, Vertical Wells), by Stages (Exploration, Appraisal, Development, Production) by Region - Global Forecast to 2026
The global well testing services market is expected to grow at a CAGR of 6.4%, from 2021 to 2026. It is estimated to be USD 6.4 billion in 2021 and is projected to reach USD 8.8 billion by 2026. The factors driving the growth for well testing services are the rising global oil demand and the exploration and adoption off unconventional oil & gas resources.
“Real Time Well Testing segment dominates the global market”
The real time well testing segment is estimated to have the largest market share and expected to grow at the highest rate during the forecast period. The higher growth rate of this segment is due to its increased adoption due to cost and operational efficiency and enhanced accuracy of data acquired on performing real time well testing.
“Onshore segment to lead the global well testing services market “
The onshore segment holds the largest share in the well testing services market, followed by offshore. The onshore exploration and re-exploration activities are expected to fuel the growth of the onshore segment of the well testing services market. Further, the technological advancements to achieve cost and operational efficiency is expected to boost the market for offshore segment of the well testing services market during the forecast period.
“North America dominates the global well testing services market in terms of annual growth rate”
The North America region is estimated to be the largest market for the well testing services, followed by APAC. The North America region is also projected to be the fastest growing market during the forecast period. The presence of vast shale reserves in the North American region encourages the oilfield operators to invest in the exploration and production of these resources, which consequently drives the demand for the well testing services in the North American region during the forecast period.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
The tier of the companies is defined on the basis of their total revenue as of 2017; Tier 1: USD 1 billion, Tier 2: from USD 1 billion to USD 500 million, and Tier 3:
The well testing services market is served by a mix of large international players with operational presence across the globe and local players commanding a strong supply network in the domestic market. The leading players in the global well testing services market include Schlumberger (US), Halliburton (US), EXPRO Group (UK), Baker Hughes (US) and Weatherford (US).
Research Coverage:
The report defines, describes, and forecasts the well testing services market, by service, application, well type, stages and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include the analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the well testing services market.
Key Benefits of Buying the Report
1. The report identifies and addresses the key markets for well testing services, which would help well testing services providers review the growth in demand.
2. The report helps service providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
3. The report will help key players understand the strategies of their competitors better and help them in making better strategic decisions.
“Real Time Well Testing segment dominates the global market”
The real time well testing segment is estimated to have the largest market share and expected to grow at the highest rate during the forecast period. The higher growth rate of this segment is due to its increased adoption due to cost and operational efficiency and enhanced accuracy of data acquired on performing real time well testing.
“Onshore segment to lead the global well testing services market “
The onshore segment holds the largest share in the well testing services market, followed by offshore. The onshore exploration and re-exploration activities are expected to fuel the growth of the onshore segment of the well testing services market. Further, the technological advancements to achieve cost and operational efficiency is expected to boost the market for offshore segment of the well testing services market during the forecast period.
“North America dominates the global well testing services market in terms of annual growth rate”
The North America region is estimated to be the largest market for the well testing services, followed by APAC. The North America region is also projected to be the fastest growing market during the forecast period. The presence of vast shale reserves in the North American region encourages the oilfield operators to invest in the exploration and production of these resources, which consequently drives the demand for the well testing services in the North American region during the forecast period.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
- By Company Type: Tier I–65%, Tier II–24%, and Tier III–11%
- By Designation: C-Level–30%, Director Level–25%, and Others–45%
- By Region: Middle East & Africa–8%, Asia Pacific–33%, North America–27%, South & Central America–12%, Europe–20%
The tier of the companies is defined on the basis of their total revenue as of 2017; Tier 1: USD 1 billion, Tier 2: from USD 1 billion to USD 500 million, and Tier 3:
The well testing services market is served by a mix of large international players with operational presence across the globe and local players commanding a strong supply network in the domestic market. The leading players in the global well testing services market include Schlumberger (US), Halliburton (US), EXPRO Group (UK), Baker Hughes (US) and Weatherford (US).
Research Coverage:
The report defines, describes, and forecasts the well testing services market, by service, application, well type, stages and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include the analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the well testing services market.
Key Benefits of Buying the Report
1. The report identifies and addresses the key markets for well testing services, which would help well testing services providers review the growth in demand.
2. The report helps service providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
3. The report will help key players understand the strategies of their competitors better and help them in making better strategic decisions.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 DEFINITION AND SCOPE
1.2.1 WELL TESTING SERVICES MARKET, BY SERVICE: INCLUSIONS & EXCLUSIONS
1.2.2 WELL TESTING SERVICES MARKET, BY WELL TYPE: INCLUSIONS & EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 MARKETS COVERED
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY
1.5 LIMITATION
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 WELL TESTING SERVICES MARKET: RESEARCH DESIGN
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 2 DATA TRIANGULATION METHODOLOGY
2.2.1 SECONDARY DATA
2.2.1.1 Key data from secondary sources
2.2.2 PRIMARY DATA
2.2.2.1 Key data from primary sources
2.2.2.2 Breakdown of primaries
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.4 IDEAL DEMAND-SIDE ANALYSIS
2.4.1 KEY INFLUENCING FACTORS/DRIVERS
2.4.1.1 Well Count
2.4.1.2 Rig Count
2.4.1.3 Crude oil prices
2.4.1.4 Impact of COVID-19 on oil & gas activities
2.4.2 DEMAND-SIDE METRICS
FIGURE 6 MAIN METRICS CONSIDERED FOR ANALYZING AND ASSESSING DEMAND FOR WELL TESTING SERVICES
2.4.2.1 Assumptions for demand-side analysis
2.5 SUPPLY-SIDE ANALYSIS
FIGURE 7 KEY METRICS CONSIDERED FOR ASSESSING SUPPLY OF WELL TESTING SERVICES MARKET
FIGURE 8 WELL TESTING SERVICES MARKET: SUPPLY-SIDE ANALYSIS
2.5.1 CALCULATIONS FOR SUPPLY SIDE
2.5.2 ASSUMPTIONS FOR SUPPLY SIDE
FIGURE 9 COMPANY REVENUE ANALYSIS, 2020
2.6 FORECAST
3 EXECUTIVE SUMMARY
TABLE 1 WELL TESTING SERVICES MARKET SNAPSHOT
FIGURE 10 REAL TIME WELL TESTING SEGMENT EXPECTED TO DOMINATE WELL TESTING SERVICES MARKET, BY SERVICE, DURING FORECAST PERIOD
FIGURE 11 ONSHORE SEGMENT EXPECTED TO DOMINATE WELL TESTING SERVICES MARKET, BY APPLICATION, DURING FORECAST PERIOD
FIGURE 12 HORIZONTAL WELLS SEGMENT EXPECTED TO HOLD LARGEST SIZE OF WELL TESTING SERVICES MARKET, BY PRODUCT, DURING FORECAST PERIOD
FIGURE 13 NORTH AMERICA DOMINATED WELL TESTING SERVICES MARKET IN 2020
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN WELL TESTING SERVICES MARKET
FIGURE 14 GROWING GLOBAL OIL DEMAND AND INCREASING EXPLORATION ACTIVITIES PERTAINING TO UNCONVENTIONAL OIL & GAS RESOURCES EXPECTED TO DRIVE WELL TESTING SERVICES MARKET FROM 2021 TO 2026
4.2 WELL TESTING SERVICES MARKET, BY REGION
FIGURE 15 NORTH AMERICA TO WITNESS FASTEST GROWTH IN WELL TESTING SERVICES MARKET DURING FORECAST PERIOD
4.3 WELL TESTING SERVICES MARKET, BY SERVICE
FIGURE 16 REAL TIME WELL TESTING SEGMENT DOMINATED WELL TESTING SERVICES MARKET, BY SERVICE, IN 2020
4.4 WELL TESTING SERVICES MARKET, BY APPLICATION
FIGURE 17 ONSHORE SEGMENT DOMINATED WELL TESTING SERVICES MARKET, BY APPLICATION, IN 2020
4.5 WELL TESTING SERVICES MARKET, BY WELL TYPE
FIGURE 18 HORIZONTAL WELL SEGMENT DOMINATED WELL TESTING SERVICES MARKET, BY PRODUCT, IN 2020
4.6 WELL TESTING SERVICES MARKET IN NORTH AMERICA, BY APPLICATION AND COUNTRY
FIGURE 19 ONSHORE APPLICATIONS AND THE US DOMINATED WELL TESTING SERVICES MARKET IN NORTH AMERICA, BY APPLICATION AND COUNTRY, IN 2020
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 COVID-19 HEALTH ASSESSMENT
FIGURE 20 COVID-19 GLOBAL PROPAGATION
FIGURE 21 COVID-19 PROPAGATION IN SELECT COUNTRIES
5.3 ROAD TO RECOVERY
FIGURE 22 COVID-19 PROPAGATION IN SELECT COUNTRIES
5.4 COVID-19 ECONOMIC ASSESSMENT
FIGURE 23 REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 2020
5.5 MARKET DYNAMICS
FIGURE 24 WELL TESTING SERVICES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.5.1 DRIVERS
5.5.1.1 Exploration and adoption of unconventional oil & gas resources
5.5.1.2 Increase in global oil demand
FIGURE 25 GLOBAL OIL DEMAND, 2019–2026
TABLE 2 GLOBAL OIL DEMAND (OECD VS. NON-OECD), 2019–2026
5.5.2 RESTRAINTS
5.5.2.1 Volatility in oil and natural gas prices and capital expenditure by oil & gas service providers
FIGURE 26 WEST TEXAS INTERMEDIATE (WTI) CRUDE OIL PRICES, JANUARY 2018–OCTOBER 2021
5.5.2.2 Introduction of stringent government regulations on upstream activities
5.5.3 OPPORTUNITIES
5.5.3.1 Growth in oilfield discoveries
5.5.3.2 Advancements in enhanced oil recovery technologies
5.5.4 CHALLENGES
5.5.4.1 Transition toward adoption of renewable energy sources
FIGURE 27 RENEWABLE CAPACITY ADDITIONS BY COUNTRY/REGION, 2019–2021
5.6 COVID-19 IMPACT
5.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.7.1 REVENUE SHIFT AND NEW REVENUE POCKETS IN WELL TESTING SERVICES MARKET
FIGURE 28 REVENUE SHIFT OF WELL TESTING SERVICES PROVIDERS
5.8 SUPPLY CHAIN ANALYSIS
FIGURE 29 WELL TESTING SERVICES MARKET: SUPPLY CHAIN ANALYSIS
TABLE 3 WELL TESTING SERVICES MARKET: VALUE CHAIN
5.8.1 RAW MATERIAL SUPPLIERS
5.8.2 WELL TESTING EQUIPMENT MANUFACTURERS
5.8.3 WELL TESTING SERVICE PROVIDERS
5.8.4 OILFIELD OPERATORS
5.9 MARKET MAP
FIGURE 30 WELL TESTING SERVICES: MARKET MAP
5.10 INNOVATIONS & PATENT REGISTRATION
5.11 TECHNOLOGY ANALYSIS
5.12 WELL TESTING SERVICES MARKET: REGULATIONS
5.13 PORTER’S FIVE FORCES ANALYSIS
FIGURE 31 WELL TESTING SERVICES MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 4 WELL TESTING SERVICES MARKET: PORTER’S FIVE FORCES ANALYSIS
5.13.1 THREAT OF NEW ENTRANTS
5.13.2 BARGAINING POWER OF SUPPLIERS
5.13.3 BARGAINING POWER OF BUYERS
5.13.4 THREAT OF SUBSTITUTES
5.13.5 DEGREE OF COMPETITION
5.14 CASE STUDY ANALYSIS
5.14.1 EXPRO GROUP’S IMPACTFUL SOLUTION TO HELP ACHIEVE BRUNEI VISION 2035
6 WELL TESTING SERVICES MARKET, BY STAGE
6.1 INTRODUCTION
6.2 EXPLORATION, APPRAISAL AND DEVELOPMENT
FIGURE 32 GLOBAL CONVENTIONAL RESOURCE DISCOVERIES AND EXPLORATION SPENDING AS A PERCENTAGE OF UPSTREAM INVESTMENT, 2010–2020
6.3 PRODUCTION
FIGURE 33 CHANGE IN OIL PRODUCTION IN OECD COUNTRIES, 2018—2020
FIGURE 34 CHANGE IN OIL PRODUCTION IN OPEC COUNTRIES, 2018—2020
7 WELL TESTING SERVICES MARKET, BY SERVICE
7.1 INTRODUCTION
FIGURE 35 WELL TESTING SERVICES MARKET, BY SERVICE, 2020
TABLE 5 WELL TESTING SERVICES MARKET, BY SERVICE, 2019–2026 (USD MILLION)
7.2 DOWNHOLE WELL TESTING
7.2.1 INCREASING INVESTMENTS BY OILFIELD OPERATORS TO BOOST GROWTH OF DOWNHOLE WELL TESTING SERVICES
TABLE 6 WELL TESTING SERVICES MARKET FOR DOWNHOLE WELL TESTING, BY REGION, 2019–2026 (USD MILLION)
7.3 SURFACE WELL TESTING
7.3.1 ADOPTION OF UNCONVENTIONAL OIL & GAS RESOURCES LIKELY TO FUEL DEMAND FOR SURFACE WELL TESTING SERVICES
TABLE 7 WELL TESTING SERVICES MARKET FOR SURFACE WELL TESTING, BY REGION, 2019–2026 (USD MILLION)
7.4 RESERVOIR SAMPLING
7.4.1 TECHNOLOGICAL ADVANCEMENTS TO IMPROVE OPERATIONAL AND COST EFFICIENCY LIKELY TO BOOST DEMAND FOR RESERVOIR SAMPLING
TABLE 8 WELL TESTING SERVICES MARKET FOR RESERVOIR SAMPLING, BY REGION, 2019–2026 (USD MILLION)
7.5 REAL TIME WELL TESTING
7.5.1 INCREASING INVESTMENTS IN EXPLORATION AND PRODUCTION OF UNCONVENTIONAL RESOURCES EXPECTED TO FUEL GROWTH OF REAL TIME WELL TESTING SEGMENT
TABLE 9 WELL TESTING SERVICES MARKET FOR REAL TIME WELL TESTING, BY REGION, 2019–2026 (USD MILLION)
7.6 HYDRAULIC FRACTURING METHOD TESTING
7.6.1 HYDRAULIC FRACTURING ACTIVITIES CONCERNED WITH PRODUCTION OF UNCONVENTIONAL RESOURCES EXPECTED TO FUEL DEMAND FOR HYDRAULIC PACKER TESTING
TABLE 10 WELL TESTING SERVICES MARKET FOR HYDRAULIC FRACTURING METHOD TESTING, BY REGION, 2019–2026 (USD MILLION)
8 WELL TESTING SERVICES MARKET, BY APPLICATION
8.1 INTRODUCTION
FIGURE 36 WELL TESTING SERVICES MARKET, BY APPLICATION, 2020
TABLE 11 WELL TESTING SERVICES MARKET, BY APPLICATION, 2019–2026 (USD MILLION)
8.2 ONSHORE
8.2.1 ONSHORE EXPLORATION AND RE-EXPLORATION ACTIVITIES EXPECTED TO FUEL GROWTH OF ONSHORE WELL TESTING SERVICES MARKET
TABLE 12 WELL TESTING SERVICES MARKET FOR ONSHORE, BY REGION, 2019–2026 (USD MILLION)
8.3 OFFSHORE
8.3.1 ACHIEVING OF COST AND OPERATIONAL EFFICIENCY THROUGH TECHNOLOGICAL ADVANCEMENTS TO BOOST GROWTH OF OFFSHORE WELL TESTING SERVICES MARKET
TABLE 13 WELL TESTING SERVICES MARKET FOR OFFSHORE, BY REGION, 2019–2026 (USD MILLION)
9 WELL TESTING SERVICES MARKET, BY WELL TYPE
9.1 INTRODUCTION
FIGURE 37 WELL TESTING SERVICES MARKET, BY WELL TYPE, 2020
TABLE 14 WELL TESTING SERVICES MARKET, BY WELL TYPE, 2019–2026 (USD MILLION)
9.2 HORIZONTAL WELLS
9.2.1 INCREASE IN DRILLING ACTIVITIES IN HORIZONTAL WELLS TO DRIVE WELL TESTING SERVICES MARKET
TABLE 15 WELL TESTING SERVICES MARKET FOR HORIZONTAL WELLS, BY REGION, 2019–2026 (USD MILLION)
9.3 VERTICAL WELLS
9.3.1 INCREASE IN INVESTMENTS IN EXPLORATION AND PRODUCTION OF UNCONVENTIONAL RESOURCES EXPECTED TO FUEL GROWTH OF VERTICAL WELLS SEGMENT
TABLE 16 WELL TESTING SERVICES MARKET FOR VERTICAL WELLS, BY REGION, 2019–2026 (USD MILLION)
10 WELL TESTING SERVICES MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 38 WELL TESTING SERVICES MARKET SHARE (VALUE), BY REGION, 2020
TABLE 17 WELL TESTING SERVICES MARKET, BY REGION, 2019–2026 (USD MILLION)
10.2 ASIA PACIFIC
FIGURE 39 ASIA PACIFIC: REGIONAL SNAPSHOT
10.2.1 MACRO TRENDS
10.2.1.1 Shale gas reserves
TABLE 18 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN ASIA PACIFIC, BY COUNTRY (TCF)
10.2.1.2 Shale/ tight oil reserves
TABLE 19 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN ASIA PACIFIC, BY COUNTRY (BILLION BBL)
10.2.2 BY SERVICE
TABLE 20 WELL TESTING SERVICES MARKET IN ASIA PACIFIC, BY SERVICE, 2019–2026 (USD MILLION)
10.2.3 BY APPLICATION
TABLE 21 WELL TESTING SERVICES MARKET IN ASIA PACIFIC, BY APPLICATION, 2019–2026 (USD MILLION)
10.2.4 BY WELL TYPE
TABLE 22 WELL TESTING SERVICES MARKET IN ASIA PACIFIC, BY WELL TYPE, 2019–2026 (USD MILLION)
10.2.5 BY COUNTRY
TABLE 23 WELL TESTING SERVICES MARKET IN ASIA PACIFIC, BY COUNTRY, 2019–2026 (USD MILLION)
10.2.5.1 China
10.2.5.1.1 Government initiatives to increase oil production and surge in exploration of unconventional resources expected to drive well testing services market in China
TABLE 24 WELL TESTING SERVICES MARKET IN CHINA, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 25 WELL TESTING SERVICES MARKET IN CHINA, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 26 WELL TESTING SERVICES MARKET IN CHINA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.2.5.2 India
10.2.5.2.1 Redevelopment of legacy oilfields and government initiatives to improve exploration activities to drive growth of well testing services market in India
TABLE 27 WELL TESTING SERVICES MARKET IN INDIA, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 28 WELL TESTING SERVICES MARKET IN INDIA, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 29 WELL TESTING SERVICES MARKET IN INDIA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.2.5.3 Australia
10.2.5.3.1 Development of unconventional shale resources and focus on redeveloping mature fields to create growth opportunities for well testing services market in Australia
TABLE 30 WELL TESTING SERVICES MARKET IN AUSTRALIA, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 31 WELL TESTING SERVICES MARKET IN AUSTRALIA, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 32 WELL TESTING SERVICES MARKET IN AUSTRALIA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.2.5.4 Rest of Asia Pacific
TABLE 33 WELL TESTING SERVICES MARKET IN REST OF ASIA PACIFIC, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 34 WELL TESTING SERVICES MARKET IN REST OF ASIA PACIFIC, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 35 WELL TESTING SERVICES MARKET IN REST OF ASIA PACIFIC, BY WELL TYPE, 2019–2026 (USD MILLION)
10.3 NORTH AMERICA
FIGURE 40 NORTH AMERICA: REGIONAL SNAPSHOT
10.3.1 MACRO TRENDS
10.3.1.1 Shale gas reserves
TABLE 36 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN NORTH AMERICA, BY COUNTRY (TCF)
10.3.1.2 Shale/tight oil reserves
TABLE 37 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN NORTH AMERICA, BY COUNTRY (BILLION BBL)
10.3.2 BY SERVICE
TABLE 38 WELL TESTING SERVICES MARKET IN NORTH AMERICA, BY SERVICE, 2019–2026 (USD MILLION)
10.3.3 BY APPLICATION
TABLE 39 WELL TESTING SERVICES MARKET IN NORTH AMERICA, BY APPLICATION, 2019–2026 (USD MILLION)
10.3.4 BY WELL TYPE
TABLE 40 WELL TESTING SERVICES MARKET IN NORTH AMERICA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.3.5 BY COUNTRY
TABLE 41 WELL TESTING SERVICES MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2026 (USD MILLION)
10.3.5.1 US
10.3.5.1.1 Increasing E&P activities concerned with shale and tight oil reserves to drive market growth in US
TABLE 42 WELL TESTING SERVICES MARKET IN US, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 43 WELL TESTING SERVICES MARKET IN US, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 44 WELL TESTING SERVICES MARKET IN US, BY WELL TYPE, 2019–2026 (USD MILLION)
10.3.5.2 Canada
10.3.5.2.1 Potential exploration and drilling of oil sands and offshore exploration to provide lucrative growth opportunities in Canada
TABLE 45 WELL TESTING SERVICES MARKET IN CANADA, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 46 WELL TESTING SERVICES MARKET IN CANADA, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 47 WELL TESTING SERVICES MARKET IN CANADA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.3.5.3 Mexico
10.3.5.3.1 Development of unconventional shale resources and focus on redeveloping mature fields to offer growth opportunities in Mexico
TABLE 48 WELL TESTING SERVICES MARKET IN MEXICO, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 49 WELL TESTING SERVICES MARKET IN MEXICO, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 50 WELL TESTING SERVICES MARKET IN MEXICO, BY WELL TYPE, 2019–2026 (USD MILLION)
10.4 EUROPE
10.4.1 MACRO TRENDS
10.4.1.1 Shale gas reserves
TABLE 51 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN EUROPE, BY COUNTRY (TCF)
10.4.1.2 Shale/ tight oil reserves
TABLE 52 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN EUROPE, BY COUNTRY (BILLION BBL)
10.4.2 BY SERVICE
TABLE 53 WELL TESTING SERVICES MARKET IN EUROPE, BY SERVICE, 2019–2026 (USD MILLION)
10.4.3 BY APPLICATION
TABLE 54 WELL TESTING SERVICES MARKET IN EUROPE, BY APPLICATION, 2019–2026 (USD MILLION)
10.4.4 BY WELL TYPE
TABLE 55 WELL TESTING SERVICES MARKET IN EUROPE, BY WELL TYPE, 2019–2026 (USD MILLION)
10.4.5 BY COUNTRY
TABLE 56 WELL TESTING SERVICES MARKET IN EUROPE, BY COUNTRY, 2019–2026 (USD MILLION)
10.4.5.1 Russia
10.4.5.1.1 Increasing exploration and production activities in Russia’s Far East region to drive market growth
TABLE 57 WELL TESTING SERVICES MARKET IN RUSSIA, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 58 WELL TESTING SERVICES MARKET IN RUSSIA, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 59 WELL TESTING SERVICES MARKET IN RUSSIA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.4.5.2 UK
10.4.5.2.1 Potential E&P activities concerned with enhancing production in mature fields and new discoveries are expected to provide lucrative growth opportunities
TABLE 60 WELL TESTING SERVICES MARKET IN UK, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 61 WELL TESTING SERVICES MARKET IN UK, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 62 WELL TESTING SERVICES MARKET IN UK, BY WELL TYPE, 2019–2026 (USD MILLION)
10.4.5.3 Norway
10.4.5.3.1 Rapidly depleting mature oil & gas fields and increase in exploration activities in Norwegian Continental Shelf to drive market growth
TABLE 63 WELL TESTING SERVICES MARKET IN NORWAY, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 64 WELL TESTING SERVICES MARKET IN NORWAY, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 65 WELL TESTING SERVICES MARKET IN NORWAY, BY WELL TYPE, 2019–2026 (USD MILLION)
10.4.5.4 Rest of Europe
10.4.5.4.1 New discoveries followed by subsequent drilling and production activities to fuel market growth
TABLE 66 WELL TESTING SERVICES MARKET IN REST OF EUROPE, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 67 WELL TESTING SERVICES MARKET IN REST OF EUROPE, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 68 WELL TESTING SERVICES MARKET IN REST OF EUROPE, BY WELL TYPE, 2019–2026 (USD MILLION)
10.5 SOUTH AMERICA
10.5.1 MACRO TRENDS
10.5.1.1 Shale gas reserves
TABLE 69 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN SOUTH AMERICA, BY COUNTRY (TCF)
10.5.1.2 Shale/tight oil reserves
TABLE 70 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN SOUTH AMERICA, BY COUNTRY (BILLION BBL)
10.5.2 BY SERVICE
TABLE 71 WELL TESTING SERVICES MARKET IN SOUTH AMERICA, BY SERVICE, 2019–2026 (USD MILLION)
10.5.3 BY APPLICATION
TABLE 72 WELL TESTING SERVICES MARKET IN SOUTH AMERICA, BY APPLICATION, 2019–2026 (USD MILLION)
10.5.4 BY WELL TYPE
TABLE 73 WELL TESTING SERVICES MARKET IN SOUTH AMERICA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.5.5 BY COUNTRY
TABLE 74 WELL TESTING SERVICES MARKET IN SOUTH AMERICA, BY COUNTRY, 2019–2026 (USD MILLION)
10.5.5.1 Argentina
10.5.5.1.1 Shale developments to create potential demand for well testing services market in Argentina
TABLE 75 WELL TESTING SERVICES MARKET IN ARGENTINA, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 76 WELL TESTING SERVICES MARKET IN ARGENTINA, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 77 WELL TESTING SERVICES MARKET IN ARGENTINA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.5.5.2 Brazil
10.5.5.2.1 Increasing offshore exploration and production activities to boost market growth in Brazil
TABLE 78 WELL TESTING SERVICES MARKET IN BRAZIL, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 79 WELL TESTING SERVICES MARKET IN BRAZIL, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 80 WELL TESTING SERVICES MARKET IN BRAZIL, BY WELL TYPE, 2019–2026 (USD MILLION)
10.5.5.3 Rest of South America
TABLE 81 WELL TESTING SERVICES MARKET IN REST OF SOUTH AMERICA, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 82 WELL TESTING SERVICES MARKET IN REST OF SOUTH AMERICA, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 83 WELL TESTING SERVICES MARKET IN REST OF SOUTH AMERICA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.6 MIDDLE EAST
10.6.1 MACRO TRENDS
10.6.1.1 Shale gas reserves
TABLE 84 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN MIDDLE EAST, BY COUNTRY (TCF)
10.6.1.2 Shale/ tight oil reserves
TABLE 85 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN MIDDLE EAST, BY COUNTRY (BILLION BBL)
10.6.2 BY SERVICE
TABLE 86 WELL TESTING SERVICES MARKET IN MIDDLE EAST, BY SERVICE, 2019–2026 (USD MILLION)
10.6.3 BY APPLICATION
TABLE 87 WELL TESTING SERVICES MARKET IN MIDDLE EAST, BY APPLICATION, 2019–2026 (USD MILLION)
10.6.4 BY WELL TYPE
TABLE 88 WELL TESTING SERVICES MARKET IN MIDDLE EAST, BY WELL TYPE, 2019–2026 (USD MILLION)
10.6.5 BY COUNTRY
TABLE 89 WELL TESTING SERVICES MARKET IN MIDDLE EAST, BY COUNTRY, 2019–2026 (USD MILLION)
10.6.5.1 Saudi Arabia
10.6.5.1.1 Enhanced crude oil production from onshore fields and surge in offshore exploration to drive growth of well testing services market in Saudi Arabia
TABLE 90 WELL TESTING SERVICES MARKET IN SAUDI ARABIA, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 91 WELL TESTING SERVICES MARKET IN SAUDI ARABIA, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 92 WELL TESTING SERVICES MARKET IN SAUDI ARABIA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.6.5.2 Oman
10.6.5.2.1 Rise in upstream activities corresponding to exploration and production of total oil reserves expected to increase demand for well testing services market in Oman
TABLE 93 WELL TESTING SERVICES MARKET IN OMAN, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 94 WELL TESTING SERVICES MARKET IN OMAN, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 95 WELL TESTING SERVICES MARKET IN OMAN, BY WELL TYPE, 2019–2026 (USD MILLION)
10.6.5.3 Kuwait
10.6.5.3.1 Upcoming and recent investments in oilfields likely to boost growth of well testing services market in Kuwait
TABLE 96 WELL TESTING SERVICES MARKET IN KUWAIT, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 97 WELL TESTING SERVICES MARKET IN KUWAIT, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 98 WELL TESTING SERVICES MARKET IN KUWAIT, BY WELL TYPE, 2019–2026 (USD MILLION)
10.6.5.4 UAE
10.6.5.4.1 Need to understand reservoir’s productive capacity led to increased demand for well testing services in UAE
TABLE 99 WELL TESTING SERVICES MARKET IN UAE, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 100 WELL TESTING SERVICES MARKET IN UAE, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 101 WELL TESTING SERVICES MARKET IN UAE, BY WELL TYPE, 2019–2026 (USD MILLION)
10.6.5.5 Rest of Middle East
TABLE 102 WELL TESTING SERVICES MARKET IN REST OF MIDDLE EAST, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 103 WELL TESTING SERVICES MARKET IN REST OF MIDDLE EAST, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 104 WELL TESTING SERVICES MARKET IN REST OF MIDDLE EAST, BY WELL TYPE, 2019–2026 (USD MILLION)
10.7 AFRICA
10.7.1 MACRO TRENDS
10.7.1.1 Shale gas reserves
TABLE 105 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN AFRICA, BY COUNTRY (TCF)
10.7.1.2 Shale/ tight oil reserves
TABLE 106 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN AFRICA, BY COUNTRY (BILLION BBL)
10.7.2 BY SERVICE
TABLE 107 WELL TESTING SERVICES MARKET IN AFRICA, BY SERVICE, 2019–2026 (USD MILLION)
10.7.3 BY APPLICATION
TABLE 108 WELL TESTING SERVICES MARKET IN AFRICA, BY APPLICATION, 2019–2026 (USD MILLION)
10.7.4 BY WELL TYPE
TABLE 109 WELL TESTING SERVICES MARKET IN AFRICA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.7.5 BY COUNTRY
TABLE 110 WELL TESTING SERVICES MARKET IN AFRICA, BY COUNTRY, 2019–2026 (USD MILLION)
10.7.5.1 Egypt
10.7.5.1.1 Active upstream operations funded by international oil companies to fuel the well testing services market
TABLE 111 WELL TESTING SERVICES MARKET IN EGYPT, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 112 WELL TESTING SERVICES MARKET IN EGYPT, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 113 WELL TESTING SERVICES MARKET IN EGYPT, BY WELL TYPE, 2019–2026 (USD MILLION)
10.7.5.2 Algeria
10.7.5.2.1 Initiatives proposed and executed by upstream oilfield operators in Algeria to drive demand for well testing services
TABLE 114 WELL TESTING SERVICES MARKET IN ALGERIA, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 115 WELL TESTING SERVICES MARKET IN ALGERIA, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 116 WELL TESTING SERVICES MARKET IN ALGERIA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.7.5.3 Nigeria
10.7.5.3.1 Rise in exploration activities and developments in mature oil & gas fields to boost market growth
TABLE 117 WELL TESTING SERVICES MARKET IN NIGERIA, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 118 WELL TESTING SERVICES MARKET IN NIGERIA, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 119 WELL TESTING SERVICES MARKET IN NIGERIA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.7.5.4 South Africa
10.7.5.4.1 Presence of large shale gas reserves in Karoo Basin to drive market growth
TABLE 120 WELL TESTING SERVICES MARKET IN SOUTH AFRICA, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 121 WELL TESTING SERVICES MARKET IN SOUTH AFRICA, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 122 WELL TESTING SERVICES MARKET IN SOUTH AFRICA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.7.5.5 Rest of Africa
10.7.5.5.1 Rise in offshore deepwater and ultra-deepwater E&P activities to fuel market growth
TABLE 123 WELL TESTING SERVICES MARKET IN REST OF AFRICA, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 124 WELL TESTING SERVICES MARKET IN REST OF AFRICA, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 125 WELL TESTING SERVICES MARKET IN REST OF AFRICA, BY WELL TYPE, 2019–2026 (USD MILLION)
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
FIGURE 41 KEY DEVELOPMENTS IN WELL TESTING SERVICES MARKET, 2017 TO 2021
11.2 SHARE ANALYSIS OF KEY PLAYERS, 2020
TABLE 126 WELL TESTING SERVICES MARKET: DEGREE OF COMPETITION
FIGURE 42 SHARE ANALYSIS OF TOP PLAYERS IN WELL TESTING SERVICES MARKET, 2020
11.3 MARKET EVALUATION FRAMEWORK
TABLE 127 MARKET EVALUATION FRAMEWORK, 2017–2021
11.4 SEGMENTAL REVENUE ANALYSIS OF TOP MARKET PLAYERS
FIGURE 43 5-YEAR SEGMENTAL REVENUE ANALYSIS OF TOP PLAYERS IN WELL TESTING SERVICES MARKET, 2016–2020
11.5 RECENT DEVELOPMENTS
11.5.1 DEALS
TABLE 128 WELL TESTING SERVICES MARKET: DEALS, 2017–2021
11.5.2 OTHERS
TABLE 129 WELL TESTING SERVICES MARKET: OTHERS, 2017–2021
11.6 COMPETITVE LEADERSHIP MAPPING
11.6.1 STAR
11.6.2 EMERGING LEADER
11.6.3 PERVASIVE
11.6.4 PARTICIPANT
FIGURE 44 WELL TESTING SERVICES MARKET: COMPETITIVE LEADERSHIP MAPPING, 2020
TABLE 130 COMPANY SERVICES FOOTPRINT
TABLE 131 COMPANY REGION FOOTPRINT
12 COMPANY PROFILES
12.1 KEY COMPANIES
(Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Key strengths/right to win, Strategic choices made, and Weaknesses and competitive threats)*
12.1.1 SCHLUMBERGER LIMITED
TABLE 132 SCHLUMBERGER LIMITED: BUSINESS OVERVIEW
FIGURE 45 SCHLUMBERGER LIMITED: COMPANY SNAPSHOT
TABLE 133 SCHLUMBERGER LIMITED: DEALS
TABLE 134 SCHLUMBERGER LIMITED: OTHERS
12.1.2 HALLIBURTON
TABLE 135 HALLIBURTON: BUSINESS OVERVIEW
FIGURE 46 HALLIBURTON: COMPANY SNAPSHOT
TABLE 136 HALLIBURTON: DEALS
TABLE 137 HALLIBURTON: OTHERS
12.1.3 EXPRO GROUP
TABLE 138 EXPRO GROUP: BUSINESS OVERVIEW
FIGURE 47 EXPRO GROUP: COMPANY SNAPSHOT
TABLE 139 EXPRO GROUP: DEALS
12.1.4 BAKER HUGHES
TABLE 140 BAKER HUGHES: BUSINESS OVERVIEW
FIGURE 48 BAKER HUGHES: COMPANY SNAPSHOT
TABLE 141 BAKER HUGHES: DEALS
TABLE 142 BAKER HUGHES: OTHERS
12.1.5 WEATHERFORD
TABLE 143 WEATHERFORD: BUSINESS OVERVIEW
FIGURE 49 WEATHERFORD: COMPANY SNAPSHOT
TABLE 144 WEATHERFORD: DEALS
12.1.6 TECHNIPFMC PLC
TABLE 145 TECHNIPFMC PLC: BUSINESS OVERVIEW
FIGURE 50 TECHNIPFMC PLC: COMPANY SNAPSHOT
TABLE 146 TECHNICFMC PLC: OTHERS
12.1.7 SGS SA
TABLE 147 SGS SA: BUSINESS OVERVIEW
FIGURE 51 SGS SA: COMPANY SNAPSHOT
12.1.8 NATIONAL ENERGY SERVICES REUNITED CORP.
TABLE 148 NATIONAL ENERGY SERVICES REUNITED CORP.: BUSINESS OVERVIEW
FIGURE 52 NATIONAL ENERGY SERVICES REUNITED CORP.: COMPANY SNAPSHOT
TABLE 149 NATIONAL ENERGY SERVICES REUNITED CORP.: DEALS
TABLE 150 NATIONAL ENERGY SERVICES REUNITED CORP.: OTHERS
12.1.9 TETRA TECHNOLOGIES, INC.
TABLE 151 TETRA TECHNOLOGIES, INC.: BUSINESS OVERVIEW
FIGURE 53 TETRA TECHNOLOGIES, INC.: COMPANY SNAPSHOT
12.1.10 OILSERV
TABLE 152 OILSERV: BUSINESS OVERVIEW
12.1.11 EXALO DRILLING SA
TABLE 153 EXALO DRILLING SA: BUSINESS OVERVIEW
12.1.12 GREENE’S ENERGY GROUP
TABLE 154 GREENE’S ENERGY GROUP: BUSINESS OVERVIEW
12.1.13 WELLMAX
TABLE 155 WELLMAX: BUSINESS OVERVIEW
12.1.14 STUART WELLS LIMITED
TABLE 156 STUART WELLS LIMITED: BUSINESS OVERVIEW
TABLE 157 STUART WELLS LIMITED: DEALS
12.1.15 EDGE DRILLING
TABLE 158 EDGE DRILLING: BUSINESS OVERVIEW
12.2 OTHER PLAYERS
12.2.1 MB PETROLEUM SERVICES LLC
12.2.2 ENVIROPROBE SERVICE, INC.
12.2.3 MINERALS TECHNOLOGIES INC.
12.2.4 OIL STATES INTERNATIONAL, INC.
12.2.5 PARRATT-WOLFF, INC.
*Details on Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Key strengths/right to win, Strategic choices made, and Weaknesses and competitive threats might not be captured in case of unlisted companies.
13 APPENDIX
13.1 INSIGHTS OF INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 AVAILABLE CUSTOMIZATIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 DEFINITION AND SCOPE
1.2.1 WELL TESTING SERVICES MARKET, BY SERVICE: INCLUSIONS & EXCLUSIONS
1.2.2 WELL TESTING SERVICES MARKET, BY WELL TYPE: INCLUSIONS & EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 MARKETS COVERED
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY
1.5 LIMITATION
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 WELL TESTING SERVICES MARKET: RESEARCH DESIGN
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 2 DATA TRIANGULATION METHODOLOGY
2.2.1 SECONDARY DATA
2.2.1.1 Key data from secondary sources
2.2.2 PRIMARY DATA
2.2.2.1 Key data from primary sources
2.2.2.2 Breakdown of primaries
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.4 IDEAL DEMAND-SIDE ANALYSIS
2.4.1 KEY INFLUENCING FACTORS/DRIVERS
2.4.1.1 Well Count
2.4.1.2 Rig Count
2.4.1.3 Crude oil prices
2.4.1.4 Impact of COVID-19 on oil & gas activities
2.4.2 DEMAND-SIDE METRICS
FIGURE 6 MAIN METRICS CONSIDERED FOR ANALYZING AND ASSESSING DEMAND FOR WELL TESTING SERVICES
2.4.2.1 Assumptions for demand-side analysis
2.5 SUPPLY-SIDE ANALYSIS
FIGURE 7 KEY METRICS CONSIDERED FOR ASSESSING SUPPLY OF WELL TESTING SERVICES MARKET
FIGURE 8 WELL TESTING SERVICES MARKET: SUPPLY-SIDE ANALYSIS
2.5.1 CALCULATIONS FOR SUPPLY SIDE
2.5.2 ASSUMPTIONS FOR SUPPLY SIDE
FIGURE 9 COMPANY REVENUE ANALYSIS, 2020
2.6 FORECAST
3 EXECUTIVE SUMMARY
TABLE 1 WELL TESTING SERVICES MARKET SNAPSHOT
FIGURE 10 REAL TIME WELL TESTING SEGMENT EXPECTED TO DOMINATE WELL TESTING SERVICES MARKET, BY SERVICE, DURING FORECAST PERIOD
FIGURE 11 ONSHORE SEGMENT EXPECTED TO DOMINATE WELL TESTING SERVICES MARKET, BY APPLICATION, DURING FORECAST PERIOD
FIGURE 12 HORIZONTAL WELLS SEGMENT EXPECTED TO HOLD LARGEST SIZE OF WELL TESTING SERVICES MARKET, BY PRODUCT, DURING FORECAST PERIOD
FIGURE 13 NORTH AMERICA DOMINATED WELL TESTING SERVICES MARKET IN 2020
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN WELL TESTING SERVICES MARKET
FIGURE 14 GROWING GLOBAL OIL DEMAND AND INCREASING EXPLORATION ACTIVITIES PERTAINING TO UNCONVENTIONAL OIL & GAS RESOURCES EXPECTED TO DRIVE WELL TESTING SERVICES MARKET FROM 2021 TO 2026
4.2 WELL TESTING SERVICES MARKET, BY REGION
FIGURE 15 NORTH AMERICA TO WITNESS FASTEST GROWTH IN WELL TESTING SERVICES MARKET DURING FORECAST PERIOD
4.3 WELL TESTING SERVICES MARKET, BY SERVICE
FIGURE 16 REAL TIME WELL TESTING SEGMENT DOMINATED WELL TESTING SERVICES MARKET, BY SERVICE, IN 2020
4.4 WELL TESTING SERVICES MARKET, BY APPLICATION
FIGURE 17 ONSHORE SEGMENT DOMINATED WELL TESTING SERVICES MARKET, BY APPLICATION, IN 2020
4.5 WELL TESTING SERVICES MARKET, BY WELL TYPE
FIGURE 18 HORIZONTAL WELL SEGMENT DOMINATED WELL TESTING SERVICES MARKET, BY PRODUCT, IN 2020
4.6 WELL TESTING SERVICES MARKET IN NORTH AMERICA, BY APPLICATION AND COUNTRY
FIGURE 19 ONSHORE APPLICATIONS AND THE US DOMINATED WELL TESTING SERVICES MARKET IN NORTH AMERICA, BY APPLICATION AND COUNTRY, IN 2020
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 COVID-19 HEALTH ASSESSMENT
FIGURE 20 COVID-19 GLOBAL PROPAGATION
FIGURE 21 COVID-19 PROPAGATION IN SELECT COUNTRIES
5.3 ROAD TO RECOVERY
FIGURE 22 COVID-19 PROPAGATION IN SELECT COUNTRIES
5.4 COVID-19 ECONOMIC ASSESSMENT
FIGURE 23 REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 2020
5.5 MARKET DYNAMICS
FIGURE 24 WELL TESTING SERVICES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.5.1 DRIVERS
5.5.1.1 Exploration and adoption of unconventional oil & gas resources
5.5.1.2 Increase in global oil demand
FIGURE 25 GLOBAL OIL DEMAND, 2019–2026
TABLE 2 GLOBAL OIL DEMAND (OECD VS. NON-OECD), 2019–2026
5.5.2 RESTRAINTS
5.5.2.1 Volatility in oil and natural gas prices and capital expenditure by oil & gas service providers
FIGURE 26 WEST TEXAS INTERMEDIATE (WTI) CRUDE OIL PRICES, JANUARY 2018–OCTOBER 2021
5.5.2.2 Introduction of stringent government regulations on upstream activities
5.5.3 OPPORTUNITIES
5.5.3.1 Growth in oilfield discoveries
5.5.3.2 Advancements in enhanced oil recovery technologies
5.5.4 CHALLENGES
5.5.4.1 Transition toward adoption of renewable energy sources
FIGURE 27 RENEWABLE CAPACITY ADDITIONS BY COUNTRY/REGION, 2019–2021
5.6 COVID-19 IMPACT
5.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.7.1 REVENUE SHIFT AND NEW REVENUE POCKETS IN WELL TESTING SERVICES MARKET
FIGURE 28 REVENUE SHIFT OF WELL TESTING SERVICES PROVIDERS
5.8 SUPPLY CHAIN ANALYSIS
FIGURE 29 WELL TESTING SERVICES MARKET: SUPPLY CHAIN ANALYSIS
TABLE 3 WELL TESTING SERVICES MARKET: VALUE CHAIN
5.8.1 RAW MATERIAL SUPPLIERS
5.8.2 WELL TESTING EQUIPMENT MANUFACTURERS
5.8.3 WELL TESTING SERVICE PROVIDERS
5.8.4 OILFIELD OPERATORS
5.9 MARKET MAP
FIGURE 30 WELL TESTING SERVICES: MARKET MAP
5.10 INNOVATIONS & PATENT REGISTRATION
5.11 TECHNOLOGY ANALYSIS
5.12 WELL TESTING SERVICES MARKET: REGULATIONS
5.13 PORTER’S FIVE FORCES ANALYSIS
FIGURE 31 WELL TESTING SERVICES MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 4 WELL TESTING SERVICES MARKET: PORTER’S FIVE FORCES ANALYSIS
5.13.1 THREAT OF NEW ENTRANTS
5.13.2 BARGAINING POWER OF SUPPLIERS
5.13.3 BARGAINING POWER OF BUYERS
5.13.4 THREAT OF SUBSTITUTES
5.13.5 DEGREE OF COMPETITION
5.14 CASE STUDY ANALYSIS
5.14.1 EXPRO GROUP’S IMPACTFUL SOLUTION TO HELP ACHIEVE BRUNEI VISION 2035
6 WELL TESTING SERVICES MARKET, BY STAGE
6.1 INTRODUCTION
6.2 EXPLORATION, APPRAISAL AND DEVELOPMENT
FIGURE 32 GLOBAL CONVENTIONAL RESOURCE DISCOVERIES AND EXPLORATION SPENDING AS A PERCENTAGE OF UPSTREAM INVESTMENT, 2010–2020
6.3 PRODUCTION
FIGURE 33 CHANGE IN OIL PRODUCTION IN OECD COUNTRIES, 2018—2020
FIGURE 34 CHANGE IN OIL PRODUCTION IN OPEC COUNTRIES, 2018—2020
7 WELL TESTING SERVICES MARKET, BY SERVICE
7.1 INTRODUCTION
FIGURE 35 WELL TESTING SERVICES MARKET, BY SERVICE, 2020
TABLE 5 WELL TESTING SERVICES MARKET, BY SERVICE, 2019–2026 (USD MILLION)
7.2 DOWNHOLE WELL TESTING
7.2.1 INCREASING INVESTMENTS BY OILFIELD OPERATORS TO BOOST GROWTH OF DOWNHOLE WELL TESTING SERVICES
TABLE 6 WELL TESTING SERVICES MARKET FOR DOWNHOLE WELL TESTING, BY REGION, 2019–2026 (USD MILLION)
7.3 SURFACE WELL TESTING
7.3.1 ADOPTION OF UNCONVENTIONAL OIL & GAS RESOURCES LIKELY TO FUEL DEMAND FOR SURFACE WELL TESTING SERVICES
TABLE 7 WELL TESTING SERVICES MARKET FOR SURFACE WELL TESTING, BY REGION, 2019–2026 (USD MILLION)
7.4 RESERVOIR SAMPLING
7.4.1 TECHNOLOGICAL ADVANCEMENTS TO IMPROVE OPERATIONAL AND COST EFFICIENCY LIKELY TO BOOST DEMAND FOR RESERVOIR SAMPLING
TABLE 8 WELL TESTING SERVICES MARKET FOR RESERVOIR SAMPLING, BY REGION, 2019–2026 (USD MILLION)
7.5 REAL TIME WELL TESTING
7.5.1 INCREASING INVESTMENTS IN EXPLORATION AND PRODUCTION OF UNCONVENTIONAL RESOURCES EXPECTED TO FUEL GROWTH OF REAL TIME WELL TESTING SEGMENT
TABLE 9 WELL TESTING SERVICES MARKET FOR REAL TIME WELL TESTING, BY REGION, 2019–2026 (USD MILLION)
7.6 HYDRAULIC FRACTURING METHOD TESTING
7.6.1 HYDRAULIC FRACTURING ACTIVITIES CONCERNED WITH PRODUCTION OF UNCONVENTIONAL RESOURCES EXPECTED TO FUEL DEMAND FOR HYDRAULIC PACKER TESTING
TABLE 10 WELL TESTING SERVICES MARKET FOR HYDRAULIC FRACTURING METHOD TESTING, BY REGION, 2019–2026 (USD MILLION)
8 WELL TESTING SERVICES MARKET, BY APPLICATION
8.1 INTRODUCTION
FIGURE 36 WELL TESTING SERVICES MARKET, BY APPLICATION, 2020
TABLE 11 WELL TESTING SERVICES MARKET, BY APPLICATION, 2019–2026 (USD MILLION)
8.2 ONSHORE
8.2.1 ONSHORE EXPLORATION AND RE-EXPLORATION ACTIVITIES EXPECTED TO FUEL GROWTH OF ONSHORE WELL TESTING SERVICES MARKET
TABLE 12 WELL TESTING SERVICES MARKET FOR ONSHORE, BY REGION, 2019–2026 (USD MILLION)
8.3 OFFSHORE
8.3.1 ACHIEVING OF COST AND OPERATIONAL EFFICIENCY THROUGH TECHNOLOGICAL ADVANCEMENTS TO BOOST GROWTH OF OFFSHORE WELL TESTING SERVICES MARKET
TABLE 13 WELL TESTING SERVICES MARKET FOR OFFSHORE, BY REGION, 2019–2026 (USD MILLION)
9 WELL TESTING SERVICES MARKET, BY WELL TYPE
9.1 INTRODUCTION
FIGURE 37 WELL TESTING SERVICES MARKET, BY WELL TYPE, 2020
TABLE 14 WELL TESTING SERVICES MARKET, BY WELL TYPE, 2019–2026 (USD MILLION)
9.2 HORIZONTAL WELLS
9.2.1 INCREASE IN DRILLING ACTIVITIES IN HORIZONTAL WELLS TO DRIVE WELL TESTING SERVICES MARKET
TABLE 15 WELL TESTING SERVICES MARKET FOR HORIZONTAL WELLS, BY REGION, 2019–2026 (USD MILLION)
9.3 VERTICAL WELLS
9.3.1 INCREASE IN INVESTMENTS IN EXPLORATION AND PRODUCTION OF UNCONVENTIONAL RESOURCES EXPECTED TO FUEL GROWTH OF VERTICAL WELLS SEGMENT
TABLE 16 WELL TESTING SERVICES MARKET FOR VERTICAL WELLS, BY REGION, 2019–2026 (USD MILLION)
10 WELL TESTING SERVICES MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 38 WELL TESTING SERVICES MARKET SHARE (VALUE), BY REGION, 2020
TABLE 17 WELL TESTING SERVICES MARKET, BY REGION, 2019–2026 (USD MILLION)
10.2 ASIA PACIFIC
FIGURE 39 ASIA PACIFIC: REGIONAL SNAPSHOT
10.2.1 MACRO TRENDS
10.2.1.1 Shale gas reserves
TABLE 18 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN ASIA PACIFIC, BY COUNTRY (TCF)
10.2.1.2 Shale/ tight oil reserves
TABLE 19 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN ASIA PACIFIC, BY COUNTRY (BILLION BBL)
10.2.2 BY SERVICE
TABLE 20 WELL TESTING SERVICES MARKET IN ASIA PACIFIC, BY SERVICE, 2019–2026 (USD MILLION)
10.2.3 BY APPLICATION
TABLE 21 WELL TESTING SERVICES MARKET IN ASIA PACIFIC, BY APPLICATION, 2019–2026 (USD MILLION)
10.2.4 BY WELL TYPE
TABLE 22 WELL TESTING SERVICES MARKET IN ASIA PACIFIC, BY WELL TYPE, 2019–2026 (USD MILLION)
10.2.5 BY COUNTRY
TABLE 23 WELL TESTING SERVICES MARKET IN ASIA PACIFIC, BY COUNTRY, 2019–2026 (USD MILLION)
10.2.5.1 China
10.2.5.1.1 Government initiatives to increase oil production and surge in exploration of unconventional resources expected to drive well testing services market in China
TABLE 24 WELL TESTING SERVICES MARKET IN CHINA, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 25 WELL TESTING SERVICES MARKET IN CHINA, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 26 WELL TESTING SERVICES MARKET IN CHINA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.2.5.2 India
10.2.5.2.1 Redevelopment of legacy oilfields and government initiatives to improve exploration activities to drive growth of well testing services market in India
TABLE 27 WELL TESTING SERVICES MARKET IN INDIA, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 28 WELL TESTING SERVICES MARKET IN INDIA, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 29 WELL TESTING SERVICES MARKET IN INDIA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.2.5.3 Australia
10.2.5.3.1 Development of unconventional shale resources and focus on redeveloping mature fields to create growth opportunities for well testing services market in Australia
TABLE 30 WELL TESTING SERVICES MARKET IN AUSTRALIA, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 31 WELL TESTING SERVICES MARKET IN AUSTRALIA, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 32 WELL TESTING SERVICES MARKET IN AUSTRALIA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.2.5.4 Rest of Asia Pacific
TABLE 33 WELL TESTING SERVICES MARKET IN REST OF ASIA PACIFIC, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 34 WELL TESTING SERVICES MARKET IN REST OF ASIA PACIFIC, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 35 WELL TESTING SERVICES MARKET IN REST OF ASIA PACIFIC, BY WELL TYPE, 2019–2026 (USD MILLION)
10.3 NORTH AMERICA
FIGURE 40 NORTH AMERICA: REGIONAL SNAPSHOT
10.3.1 MACRO TRENDS
10.3.1.1 Shale gas reserves
TABLE 36 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN NORTH AMERICA, BY COUNTRY (TCF)
10.3.1.2 Shale/tight oil reserves
TABLE 37 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN NORTH AMERICA, BY COUNTRY (BILLION BBL)
10.3.2 BY SERVICE
TABLE 38 WELL TESTING SERVICES MARKET IN NORTH AMERICA, BY SERVICE, 2019–2026 (USD MILLION)
10.3.3 BY APPLICATION
TABLE 39 WELL TESTING SERVICES MARKET IN NORTH AMERICA, BY APPLICATION, 2019–2026 (USD MILLION)
10.3.4 BY WELL TYPE
TABLE 40 WELL TESTING SERVICES MARKET IN NORTH AMERICA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.3.5 BY COUNTRY
TABLE 41 WELL TESTING SERVICES MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2026 (USD MILLION)
10.3.5.1 US
10.3.5.1.1 Increasing E&P activities concerned with shale and tight oil reserves to drive market growth in US
TABLE 42 WELL TESTING SERVICES MARKET IN US, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 43 WELL TESTING SERVICES MARKET IN US, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 44 WELL TESTING SERVICES MARKET IN US, BY WELL TYPE, 2019–2026 (USD MILLION)
10.3.5.2 Canada
10.3.5.2.1 Potential exploration and drilling of oil sands and offshore exploration to provide lucrative growth opportunities in Canada
TABLE 45 WELL TESTING SERVICES MARKET IN CANADA, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 46 WELL TESTING SERVICES MARKET IN CANADA, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 47 WELL TESTING SERVICES MARKET IN CANADA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.3.5.3 Mexico
10.3.5.3.1 Development of unconventional shale resources and focus on redeveloping mature fields to offer growth opportunities in Mexico
TABLE 48 WELL TESTING SERVICES MARKET IN MEXICO, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 49 WELL TESTING SERVICES MARKET IN MEXICO, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 50 WELL TESTING SERVICES MARKET IN MEXICO, BY WELL TYPE, 2019–2026 (USD MILLION)
10.4 EUROPE
10.4.1 MACRO TRENDS
10.4.1.1 Shale gas reserves
TABLE 51 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN EUROPE, BY COUNTRY (TCF)
10.4.1.2 Shale/ tight oil reserves
TABLE 52 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN EUROPE, BY COUNTRY (BILLION BBL)
10.4.2 BY SERVICE
TABLE 53 WELL TESTING SERVICES MARKET IN EUROPE, BY SERVICE, 2019–2026 (USD MILLION)
10.4.3 BY APPLICATION
TABLE 54 WELL TESTING SERVICES MARKET IN EUROPE, BY APPLICATION, 2019–2026 (USD MILLION)
10.4.4 BY WELL TYPE
TABLE 55 WELL TESTING SERVICES MARKET IN EUROPE, BY WELL TYPE, 2019–2026 (USD MILLION)
10.4.5 BY COUNTRY
TABLE 56 WELL TESTING SERVICES MARKET IN EUROPE, BY COUNTRY, 2019–2026 (USD MILLION)
10.4.5.1 Russia
10.4.5.1.1 Increasing exploration and production activities in Russia’s Far East region to drive market growth
TABLE 57 WELL TESTING SERVICES MARKET IN RUSSIA, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 58 WELL TESTING SERVICES MARKET IN RUSSIA, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 59 WELL TESTING SERVICES MARKET IN RUSSIA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.4.5.2 UK
10.4.5.2.1 Potential E&P activities concerned with enhancing production in mature fields and new discoveries are expected to provide lucrative growth opportunities
TABLE 60 WELL TESTING SERVICES MARKET IN UK, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 61 WELL TESTING SERVICES MARKET IN UK, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 62 WELL TESTING SERVICES MARKET IN UK, BY WELL TYPE, 2019–2026 (USD MILLION)
10.4.5.3 Norway
10.4.5.3.1 Rapidly depleting mature oil & gas fields and increase in exploration activities in Norwegian Continental Shelf to drive market growth
TABLE 63 WELL TESTING SERVICES MARKET IN NORWAY, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 64 WELL TESTING SERVICES MARKET IN NORWAY, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 65 WELL TESTING SERVICES MARKET IN NORWAY, BY WELL TYPE, 2019–2026 (USD MILLION)
10.4.5.4 Rest of Europe
10.4.5.4.1 New discoveries followed by subsequent drilling and production activities to fuel market growth
TABLE 66 WELL TESTING SERVICES MARKET IN REST OF EUROPE, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 67 WELL TESTING SERVICES MARKET IN REST OF EUROPE, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 68 WELL TESTING SERVICES MARKET IN REST OF EUROPE, BY WELL TYPE, 2019–2026 (USD MILLION)
10.5 SOUTH AMERICA
10.5.1 MACRO TRENDS
10.5.1.1 Shale gas reserves
TABLE 69 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN SOUTH AMERICA, BY COUNTRY (TCF)
10.5.1.2 Shale/tight oil reserves
TABLE 70 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN SOUTH AMERICA, BY COUNTRY (BILLION BBL)
10.5.2 BY SERVICE
TABLE 71 WELL TESTING SERVICES MARKET IN SOUTH AMERICA, BY SERVICE, 2019–2026 (USD MILLION)
10.5.3 BY APPLICATION
TABLE 72 WELL TESTING SERVICES MARKET IN SOUTH AMERICA, BY APPLICATION, 2019–2026 (USD MILLION)
10.5.4 BY WELL TYPE
TABLE 73 WELL TESTING SERVICES MARKET IN SOUTH AMERICA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.5.5 BY COUNTRY
TABLE 74 WELL TESTING SERVICES MARKET IN SOUTH AMERICA, BY COUNTRY, 2019–2026 (USD MILLION)
10.5.5.1 Argentina
10.5.5.1.1 Shale developments to create potential demand for well testing services market in Argentina
TABLE 75 WELL TESTING SERVICES MARKET IN ARGENTINA, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 76 WELL TESTING SERVICES MARKET IN ARGENTINA, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 77 WELL TESTING SERVICES MARKET IN ARGENTINA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.5.5.2 Brazil
10.5.5.2.1 Increasing offshore exploration and production activities to boost market growth in Brazil
TABLE 78 WELL TESTING SERVICES MARKET IN BRAZIL, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 79 WELL TESTING SERVICES MARKET IN BRAZIL, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 80 WELL TESTING SERVICES MARKET IN BRAZIL, BY WELL TYPE, 2019–2026 (USD MILLION)
10.5.5.3 Rest of South America
TABLE 81 WELL TESTING SERVICES MARKET IN REST OF SOUTH AMERICA, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 82 WELL TESTING SERVICES MARKET IN REST OF SOUTH AMERICA, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 83 WELL TESTING SERVICES MARKET IN REST OF SOUTH AMERICA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.6 MIDDLE EAST
10.6.1 MACRO TRENDS
10.6.1.1 Shale gas reserves
TABLE 84 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN MIDDLE EAST, BY COUNTRY (TCF)
10.6.1.2 Shale/ tight oil reserves
TABLE 85 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN MIDDLE EAST, BY COUNTRY (BILLION BBL)
10.6.2 BY SERVICE
TABLE 86 WELL TESTING SERVICES MARKET IN MIDDLE EAST, BY SERVICE, 2019–2026 (USD MILLION)
10.6.3 BY APPLICATION
TABLE 87 WELL TESTING SERVICES MARKET IN MIDDLE EAST, BY APPLICATION, 2019–2026 (USD MILLION)
10.6.4 BY WELL TYPE
TABLE 88 WELL TESTING SERVICES MARKET IN MIDDLE EAST, BY WELL TYPE, 2019–2026 (USD MILLION)
10.6.5 BY COUNTRY
TABLE 89 WELL TESTING SERVICES MARKET IN MIDDLE EAST, BY COUNTRY, 2019–2026 (USD MILLION)
10.6.5.1 Saudi Arabia
10.6.5.1.1 Enhanced crude oil production from onshore fields and surge in offshore exploration to drive growth of well testing services market in Saudi Arabia
TABLE 90 WELL TESTING SERVICES MARKET IN SAUDI ARABIA, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 91 WELL TESTING SERVICES MARKET IN SAUDI ARABIA, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 92 WELL TESTING SERVICES MARKET IN SAUDI ARABIA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.6.5.2 Oman
10.6.5.2.1 Rise in upstream activities corresponding to exploration and production of total oil reserves expected to increase demand for well testing services market in Oman
TABLE 93 WELL TESTING SERVICES MARKET IN OMAN, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 94 WELL TESTING SERVICES MARKET IN OMAN, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 95 WELL TESTING SERVICES MARKET IN OMAN, BY WELL TYPE, 2019–2026 (USD MILLION)
10.6.5.3 Kuwait
10.6.5.3.1 Upcoming and recent investments in oilfields likely to boost growth of well testing services market in Kuwait
TABLE 96 WELL TESTING SERVICES MARKET IN KUWAIT, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 97 WELL TESTING SERVICES MARKET IN KUWAIT, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 98 WELL TESTING SERVICES MARKET IN KUWAIT, BY WELL TYPE, 2019–2026 (USD MILLION)
10.6.5.4 UAE
10.6.5.4.1 Need to understand reservoir’s productive capacity led to increased demand for well testing services in UAE
TABLE 99 WELL TESTING SERVICES MARKET IN UAE, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 100 WELL TESTING SERVICES MARKET IN UAE, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 101 WELL TESTING SERVICES MARKET IN UAE, BY WELL TYPE, 2019–2026 (USD MILLION)
10.6.5.5 Rest of Middle East
TABLE 102 WELL TESTING SERVICES MARKET IN REST OF MIDDLE EAST, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 103 WELL TESTING SERVICES MARKET IN REST OF MIDDLE EAST, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 104 WELL TESTING SERVICES MARKET IN REST OF MIDDLE EAST, BY WELL TYPE, 2019–2026 (USD MILLION)
10.7 AFRICA
10.7.1 MACRO TRENDS
10.7.1.1 Shale gas reserves
TABLE 105 TOTAL TECHNICALLY RECOVERABLE SHALE GAS RESERVES IN AFRICA, BY COUNTRY (TCF)
10.7.1.2 Shale/ tight oil reserves
TABLE 106 TOTAL TECHNICALLY RECOVERABLE SHALE/TIGHT OIL RESERVES IN AFRICA, BY COUNTRY (BILLION BBL)
10.7.2 BY SERVICE
TABLE 107 WELL TESTING SERVICES MARKET IN AFRICA, BY SERVICE, 2019–2026 (USD MILLION)
10.7.3 BY APPLICATION
TABLE 108 WELL TESTING SERVICES MARKET IN AFRICA, BY APPLICATION, 2019–2026 (USD MILLION)
10.7.4 BY WELL TYPE
TABLE 109 WELL TESTING SERVICES MARKET IN AFRICA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.7.5 BY COUNTRY
TABLE 110 WELL TESTING SERVICES MARKET IN AFRICA, BY COUNTRY, 2019–2026 (USD MILLION)
10.7.5.1 Egypt
10.7.5.1.1 Active upstream operations funded by international oil companies to fuel the well testing services market
TABLE 111 WELL TESTING SERVICES MARKET IN EGYPT, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 112 WELL TESTING SERVICES MARKET IN EGYPT, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 113 WELL TESTING SERVICES MARKET IN EGYPT, BY WELL TYPE, 2019–2026 (USD MILLION)
10.7.5.2 Algeria
10.7.5.2.1 Initiatives proposed and executed by upstream oilfield operators in Algeria to drive demand for well testing services
TABLE 114 WELL TESTING SERVICES MARKET IN ALGERIA, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 115 WELL TESTING SERVICES MARKET IN ALGERIA, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 116 WELL TESTING SERVICES MARKET IN ALGERIA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.7.5.3 Nigeria
10.7.5.3.1 Rise in exploration activities and developments in mature oil & gas fields to boost market growth
TABLE 117 WELL TESTING SERVICES MARKET IN NIGERIA, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 118 WELL TESTING SERVICES MARKET IN NIGERIA, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 119 WELL TESTING SERVICES MARKET IN NIGERIA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.7.5.4 South Africa
10.7.5.4.1 Presence of large shale gas reserves in Karoo Basin to drive market growth
TABLE 120 WELL TESTING SERVICES MARKET IN SOUTH AFRICA, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 121 WELL TESTING SERVICES MARKET IN SOUTH AFRICA, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 122 WELL TESTING SERVICES MARKET IN SOUTH AFRICA, BY WELL TYPE, 2019–2026 (USD MILLION)
10.7.5.5 Rest of Africa
10.7.5.5.1 Rise in offshore deepwater and ultra-deepwater E&P activities to fuel market growth
TABLE 123 WELL TESTING SERVICES MARKET IN REST OF AFRICA, BY SERVICE, 2019–2026 (USD MILLION)
TABLE 124 WELL TESTING SERVICES MARKET IN REST OF AFRICA, BY APPLICATION, 2019–2026 (USD MILLION)
TABLE 125 WELL TESTING SERVICES MARKET IN REST OF AFRICA, BY WELL TYPE, 2019–2026 (USD MILLION)
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
FIGURE 41 KEY DEVELOPMENTS IN WELL TESTING SERVICES MARKET, 2017 TO 2021
11.2 SHARE ANALYSIS OF KEY PLAYERS, 2020
TABLE 126 WELL TESTING SERVICES MARKET: DEGREE OF COMPETITION
FIGURE 42 SHARE ANALYSIS OF TOP PLAYERS IN WELL TESTING SERVICES MARKET, 2020
11.3 MARKET EVALUATION FRAMEWORK
TABLE 127 MARKET EVALUATION FRAMEWORK, 2017–2021
11.4 SEGMENTAL REVENUE ANALYSIS OF TOP MARKET PLAYERS
FIGURE 43 5-YEAR SEGMENTAL REVENUE ANALYSIS OF TOP PLAYERS IN WELL TESTING SERVICES MARKET, 2016–2020
11.5 RECENT DEVELOPMENTS
11.5.1 DEALS
TABLE 128 WELL TESTING SERVICES MARKET: DEALS, 2017–2021
11.5.2 OTHERS
TABLE 129 WELL TESTING SERVICES MARKET: OTHERS, 2017–2021
11.6 COMPETITVE LEADERSHIP MAPPING
11.6.1 STAR
11.6.2 EMERGING LEADER
11.6.3 PERVASIVE
11.6.4 PARTICIPANT
FIGURE 44 WELL TESTING SERVICES MARKET: COMPETITIVE LEADERSHIP MAPPING, 2020
TABLE 130 COMPANY SERVICES FOOTPRINT
TABLE 131 COMPANY REGION FOOTPRINT
12 COMPANY PROFILES
12.1 KEY COMPANIES
(Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Key strengths/right to win, Strategic choices made, and Weaknesses and competitive threats)*
12.1.1 SCHLUMBERGER LIMITED
TABLE 132 SCHLUMBERGER LIMITED: BUSINESS OVERVIEW
FIGURE 45 SCHLUMBERGER LIMITED: COMPANY SNAPSHOT
TABLE 133 SCHLUMBERGER LIMITED: DEALS
TABLE 134 SCHLUMBERGER LIMITED: OTHERS
12.1.2 HALLIBURTON
TABLE 135 HALLIBURTON: BUSINESS OVERVIEW
FIGURE 46 HALLIBURTON: COMPANY SNAPSHOT
TABLE 136 HALLIBURTON: DEALS
TABLE 137 HALLIBURTON: OTHERS
12.1.3 EXPRO GROUP
TABLE 138 EXPRO GROUP: BUSINESS OVERVIEW
FIGURE 47 EXPRO GROUP: COMPANY SNAPSHOT
TABLE 139 EXPRO GROUP: DEALS
12.1.4 BAKER HUGHES
TABLE 140 BAKER HUGHES: BUSINESS OVERVIEW
FIGURE 48 BAKER HUGHES: COMPANY SNAPSHOT
TABLE 141 BAKER HUGHES: DEALS
TABLE 142 BAKER HUGHES: OTHERS
12.1.5 WEATHERFORD
TABLE 143 WEATHERFORD: BUSINESS OVERVIEW
FIGURE 49 WEATHERFORD: COMPANY SNAPSHOT
TABLE 144 WEATHERFORD: DEALS
12.1.6 TECHNIPFMC PLC
TABLE 145 TECHNIPFMC PLC: BUSINESS OVERVIEW
FIGURE 50 TECHNIPFMC PLC: COMPANY SNAPSHOT
TABLE 146 TECHNICFMC PLC: OTHERS
12.1.7 SGS SA
TABLE 147 SGS SA: BUSINESS OVERVIEW
FIGURE 51 SGS SA: COMPANY SNAPSHOT
12.1.8 NATIONAL ENERGY SERVICES REUNITED CORP.
TABLE 148 NATIONAL ENERGY SERVICES REUNITED CORP.: BUSINESS OVERVIEW
FIGURE 52 NATIONAL ENERGY SERVICES REUNITED CORP.: COMPANY SNAPSHOT
TABLE 149 NATIONAL ENERGY SERVICES REUNITED CORP.: DEALS
TABLE 150 NATIONAL ENERGY SERVICES REUNITED CORP.: OTHERS
12.1.9 TETRA TECHNOLOGIES, INC.
TABLE 151 TETRA TECHNOLOGIES, INC.: BUSINESS OVERVIEW
FIGURE 53 TETRA TECHNOLOGIES, INC.: COMPANY SNAPSHOT
12.1.10 OILSERV
TABLE 152 OILSERV: BUSINESS OVERVIEW
12.1.11 EXALO DRILLING SA
TABLE 153 EXALO DRILLING SA: BUSINESS OVERVIEW
12.1.12 GREENE’S ENERGY GROUP
TABLE 154 GREENE’S ENERGY GROUP: BUSINESS OVERVIEW
12.1.13 WELLMAX
TABLE 155 WELLMAX: BUSINESS OVERVIEW
12.1.14 STUART WELLS LIMITED
TABLE 156 STUART WELLS LIMITED: BUSINESS OVERVIEW
TABLE 157 STUART WELLS LIMITED: DEALS
12.1.15 EDGE DRILLING
TABLE 158 EDGE DRILLING: BUSINESS OVERVIEW
12.2 OTHER PLAYERS
12.2.1 MB PETROLEUM SERVICES LLC
12.2.2 ENVIROPROBE SERVICE, INC.
12.2.3 MINERALS TECHNOLOGIES INC.
12.2.4 OIL STATES INTERNATIONAL, INC.
12.2.5 PARRATT-WOLFF, INC.
*Details on Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Key strengths/right to win, Strategic choices made, and Weaknesses and competitive threats might not be captured in case of unlisted companies.
13 APPENDIX
13.1 INSIGHTS OF INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 AVAILABLE CUSTOMIZATIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
