Global Well Abandonment Services Market Growth (Status and Outlook) 2023-2029

March 2023 | 87 pages | ID: G1D8E8DF0EAEN
LP Information

Abstracts

The report requires updating with new data and is sent in 48 hours after order is placed.

Well abandonment is a natural part of the oilfield lifecycle. For over a hundred years, wells have been drilled, produced and finally abandoned. Historically, well productivity and costs determined when a wellbore was abandoned.

LPI (LP Information)' newest research report, the “Well Abandonment Services Industry Forecast” looks at past sales and reviews total world Well Abandonment Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Well Abandonment Services sales for 2023 through 2029. With Well Abandonment Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Well Abandonment Services industry.

This Insight Report provides a comprehensive analysis of the global Well Abandonment Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Well Abandonment Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Well Abandonment Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Well Abandonment Services and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Well Abandonment Services.

The global Well Abandonment Services market size is projected to grow from US$ 1252 million in 2022 to US$ 1927.7 million in 2029; it is expected to grow at a CAGR of 6.4% from 2023 to 2029.

United States market for Well Abandonment Services is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Well Abandonment Services is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Well Abandonment Services is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Well Abandonment Services players cover BHGE, Schlumberger, Halliburton, Weatherford and TechnipFMC, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Well Abandonment Services market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type

• Temporarily Abandoned
• Shut In

Segmentation by application

• Offshore
• Onshore

This report also splits the market by region:

• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC
• China
• Japan
• Korea
• Southeast Asia
• India
• Australia
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Middle East & Africa
• Egypt
• South Africa
• Israel
• Turkey
• GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

• BHGE
• Schlumberger
• Halliburton
• Weatherford
• TechnipFMC

Contents

1 SCOPE OF THE REPORT

1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats

2 EXECUTIVE SUMMARY

2.1 World Market Overview
  2.1.1 Global Well Abandonment Services Market Size 2018-2029
  2.1.2 Well Abandonment Services Market Size CAGR by Region 2018 VS 2022 VS 2029
2.2 Well Abandonment Services Segment by Type
  2.2.1 Temporarily Abandoned
  2.2.2 Shut In
2.3 Well Abandonment Services Market Size by Type
  2.3.1 Well Abandonment Services Market Size CAGR by Type (2018 VS 2022 VS 2029)
  2.3.2 Global Well Abandonment Services Market Size Market Share by Type (2018-2023)
2.4 Well Abandonment Services Segment by Application
  2.4.1 Offshore
  2.4.2 Onshore
2.5 Well Abandonment Services Market Size by Application
  2.5.1 Well Abandonment Services Market Size CAGR by Application (2018 VS 2022 VS 2029)
  2.5.2 Global Well Abandonment Services Market Size Market Share by Application (2018-2023)

3 WELL ABANDONMENT SERVICES MARKET SIZE BY PLAYER

3.1 Well Abandonment Services Market Size Market Share by Players
  3.1.1 Global Well Abandonment Services Revenue by Players (2018-2023)
  3.1.2 Global Well Abandonment Services Revenue Market Share by Players (2018-2023)
3.2 Global Well Abandonment Services Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
  3.3.1 Competition Landscape Analysis
  3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion

4 WELL ABANDONMENT SERVICES BY REGIONS

4.1 Well Abandonment Services Market Size by Regions (2018-2023)
4.2 Americas Well Abandonment Services Market Size Growth (2018-2023)
4.3 APAC Well Abandonment Services Market Size Growth (2018-2023)
4.4 Europe Well Abandonment Services Market Size Growth (2018-2023)
4.5 Middle East & Africa Well Abandonment Services Market Size Growth (2018-2023)

5 AMERICAS

5.1 Americas Well Abandonment Services Market Size by Country (2018-2023)
5.2 Americas Well Abandonment Services Market Size by Type (2018-2023)
5.3 Americas Well Abandonment Services Market Size by Application (2018-2023)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil

6 APAC

6.1 APAC Well Abandonment Services Market Size by Region (2018-2023)
6.2 APAC Well Abandonment Services Market Size by Type (2018-2023)
6.3 APAC Well Abandonment Services Market Size by Application (2018-2023)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia

7 EUROPE

7.1 Europe Well Abandonment Services by Country (2018-2023)
7.2 Europe Well Abandonment Services Market Size by Type (2018-2023)
7.3 Europe Well Abandonment Services Market Size by Application (2018-2023)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia

8 MIDDLE EAST & AFRICA

8.1 Middle East & Africa Well Abandonment Services by Region (2018-2023)
8.2 Middle East & Africa Well Abandonment Services Market Size by Type (2018-2023)
8.3 Middle East & Africa Well Abandonment Services Market Size by Application (2018-2023)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries

9 MARKET DRIVERS, CHALLENGES AND TRENDS

9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends

10 GLOBAL WELL ABANDONMENT SERVICES MARKET FORECAST

10.1 Global Well Abandonment Services Forecast by Regions (2024-2029)
  10.1.1 Global Well Abandonment Services Forecast by Regions (2024-2029)
  10.1.2 Americas Well Abandonment Services Forecast
  10.1.3 APAC Well Abandonment Services Forecast
  10.1.4 Europe Well Abandonment Services Forecast
  10.1.5 Middle East & Africa Well Abandonment Services Forecast
10.2 Americas Well Abandonment Services Forecast by Country (2024-2029)
  10.2.1 United States Well Abandonment Services Market Forecast
  10.2.2 Canada Well Abandonment Services Market Forecast
  10.2.3 Mexico Well Abandonment Services Market Forecast
  10.2.4 Brazil Well Abandonment Services Market Forecast
10.3 APAC Well Abandonment Services Forecast by Region (2024-2029)
  10.3.1 China Well Abandonment Services Market Forecast
  10.3.2 Japan Well Abandonment Services Market Forecast
  10.3.3 Korea Well Abandonment Services Market Forecast
  10.3.4 Southeast Asia Well Abandonment Services Market Forecast
  10.3.5 India Well Abandonment Services Market Forecast
  10.3.6 Australia Well Abandonment Services Market Forecast
10.4 Europe Well Abandonment Services Forecast by Country (2024-2029)
  10.4.1 Germany Well Abandonment Services Market Forecast
  10.4.2 France Well Abandonment Services Market Forecast
  10.4.3 UK Well Abandonment Services Market Forecast
  10.4.4 Italy Well Abandonment Services Market Forecast
  10.4.5 Russia Well Abandonment Services Market Forecast
10.5 Middle East & Africa Well Abandonment Services Forecast by Region (2024-2029)
  10.5.1 Egypt Well Abandonment Services Market Forecast
  10.5.2 South Africa Well Abandonment Services Market Forecast
  10.5.3 Israel Well Abandonment Services Market Forecast
  10.5.4 Turkey Well Abandonment Services Market Forecast
  10.5.5 GCC Countries Well Abandonment Services Market Forecast
10.6 Global Well Abandonment Services Forecast by Type (2024-2029)
10.7 Global Well Abandonment Services Forecast by Application (2024-2029)

11 KEY PLAYERS ANALYSIS

11.1 BHGE
  11.1.1 BHGE Company Information
  11.1.2 BHGE Well Abandonment Services Product Offered
  11.1.3 BHGE Well Abandonment Services Revenue, Gross Margin and Market Share (2018-2023)
  11.1.4 BHGE Main Business Overview
  11.1.5 BHGE Latest Developments
11.2 Schlumberger
  11.2.1 Schlumberger Company Information
  11.2.2 Schlumberger Well Abandonment Services Product Offered
  11.2.3 Schlumberger Well Abandonment Services Revenue, Gross Margin and Market Share (2018-2023)
  11.2.4 Schlumberger Main Business Overview
  11.2.5 Schlumberger Latest Developments
11.3 Halliburton
  11.3.1 Halliburton Company Information
  11.3.2 Halliburton Well Abandonment Services Product Offered
  11.3.3 Halliburton Well Abandonment Services Revenue, Gross Margin and Market Share (2018-2023)
  11.3.4 Halliburton Main Business Overview
  11.3.5 Halliburton Latest Developments
11.4 Weatherford
  11.4.1 Weatherford Company Information
  11.4.2 Weatherford Well Abandonment Services Product Offered
  11.4.3 Weatherford Well Abandonment Services Revenue, Gross Margin and Market Share (2018-2023)
  11.4.4 Weatherford Main Business Overview
  11.4.5 Weatherford Latest Developments
11.5 TechnipFMC
  11.5.1 TechnipFMC Company Information
  11.5.2 TechnipFMC Well Abandonment Services Product Offered
  11.5.3 TechnipFMC Well Abandonment Services Revenue, Gross Margin and Market Share (2018-2023)
  11.5.4 TechnipFMC Main Business Overview
  11.5.5 TechnipFMC Latest Developments

12 RESEARCH FINDINGS AND CONCLUSION

List Of Tables

LIST OF TABLES

Table 1. Well Abandonment Services Market Size CAGR by Region (2018 VS 2022 VS 2029) & ($ Millions)
Table 2. Major Players of Temporarily Abandoned
Table 3. Major Players of Shut In
Table 4. Well Abandonment Services Market Size CAGR by Type (2018 VS 2022 VS 2029) & ($ Millions)
Table 5. Global Well Abandonment Services Market Size by Type (2018-2023) & ($ Millions)
Table 6. Global Well Abandonment Services Market Size Market Share by Type (2018-2023)
Table 7. Well Abandonment Services Market Size CAGR by Application (2018 VS 2022 VS 2029) & ($ Millions)
Table 8. Global Well Abandonment Services Market Size by Application (2018-2023) & ($ Millions)
Table 9. Global Well Abandonment Services Market Size Market Share by Application (2018-2023)
Table 10. Global Well Abandonment Services Revenue by Players (2018-2023) & ($ Millions)
Table 11. Global Well Abandonment Services Revenue Market Share by Player (2018-2023)
Table 12. Well Abandonment Services Key Players Head office and Products Offered
Table 13. Well Abandonment Services Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
Table 14. New Products and Potential Entrants
Table 15. Mergers & Acquisitions, Expansion
Table 16. Global Well Abandonment Services Market Size by Regions 2018-2023 & ($ Millions)
Table 17. Global Well Abandonment Services Market Size Market Share by Regions (2018-2023)
Table 18. Global Well Abandonment Services Revenue by Country/Region (2018-2023) & ($ millions)
Table 19. Global Well Abandonment Services Revenue Market Share by Country/Region (2018-2023)
Table 20. Americas Well Abandonment Services Market Size by Country (2018-2023) & ($ Millions)
Table 21. Americas Well Abandonment Services Market Size Market Share by Country (2018-2023)
Table 22. Americas Well Abandonment Services Market Size by Type (2018-2023) & ($ Millions)
Table 23. Americas Well Abandonment Services Market Size Market Share by Type (2018-2023)
Table 24. Americas Well Abandonment Services Market Size by Application (2018-2023) & ($ Millions)
Table 25. Americas Well Abandonment Services Market Size Market Share by Application (2018-2023)
Table 26. APAC Well Abandonment Services Market Size by Region (2018-2023) & ($ Millions)
Table 27. APAC Well Abandonment Services Market Size Market Share by Region (2018-2023)
Table 28. APAC Well Abandonment Services Market Size by Type (2018-2023) & ($ Millions)
Table 29. APAC Well Abandonment Services Market Size Market Share by Type (2018-2023)
Table 30. APAC Well Abandonment Services Market Size by Application (2018-2023) & ($ Millions)
Table 31. APAC Well Abandonment Services Market Size Market Share by Application (2018-2023)
Table 32. Europe Well Abandonment Services Market Size by Country (2018-2023) & ($ Millions)
Table 33. Europe Well Abandonment Services Market Size Market Share by Country (2018-2023)
Table 34. Europe Well Abandonment Services Market Size by Type (2018-2023) & ($ Millions)
Table 35. Europe Well Abandonment Services Market Size Market Share by Type (2018-2023)
Table 36. Europe Well Abandonment Services Market Size by Application (2018-2023) & ($ Millions)
Table 37. Europe Well Abandonment Services Market Size Market Share by Application (2018-2023)
Table 38. Middle East & Africa Well Abandonment Services Market Size by Region (2018-2023) & ($ Millions)
Table 39. Middle East & Africa Well Abandonment Services Market Size Market Share by Region (2018-2023)
Table 40. Middle East & Africa Well Abandonment Services Market Size by Type (2018-2023) & ($ Millions)
Table 41. Middle East & Africa Well Abandonment Services Market Size Market Share by Type (2018-2023)
Table 42. Middle East & Africa Well Abandonment Services Market Size by Application (2018-2023) & ($ Millions)
Table 43. Middle East & Africa Well Abandonment Services Market Size Market Share by Application (2018-2023)
Table 44. Key Market Drivers & Growth Opportunities of Well Abandonment Services
Table 45. Key Market Challenges & Risks of Well Abandonment Services
Table 46. Key Industry Trends of Well Abandonment Services
Table 47. Global Well Abandonment Services Market Size Forecast by Regions (2024-2029) & ($ Millions)
Table 48. Global Well Abandonment Services Market Size Market Share Forecast by Regions (2024-2029)
Table 49. Global Well Abandonment Services Market Size Forecast by Type (2024-2029) & ($ Millions)
Table 50. Global Well Abandonment Services Market Size Forecast by Application (2024-2029) & ($ Millions)
Table 51. BHGE Details, Company Type, Well Abandonment Services Area Served and Its Competitors
Table 52. BHGE Well Abandonment Services Product Offered
Table 53. BHGE Well Abandonment Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
Table 54. BHGE Main Business
Table 55. BHGE Latest Developments
Table 56. Schlumberger Details, Company Type, Well Abandonment Services Area Served and Its Competitors
Table 57. Schlumberger Well Abandonment Services Product Offered
Table 58. Schlumberger Main Business
Table 59. Schlumberger Well Abandonment Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
Table 60. Schlumberger Latest Developments
Table 61. Halliburton Details, Company Type, Well Abandonment Services Area Served and Its Competitors
Table 62. Halliburton Well Abandonment Services Product Offered
Table 63. Halliburton Main Business
Table 64. Halliburton Well Abandonment Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
Table 65. Halliburton Latest Developments
Table 66. Weatherford Details, Company Type, Well Abandonment Services Area Served and Its Competitors
Table 67. Weatherford Well Abandonment Services Product Offered
Table 68. Weatherford Main Business
Table 69. Weatherford Well Abandonment Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
Table 70. Weatherford Latest Developments
Table 71. TechnipFMC Details, Company Type, Well Abandonment Services Area Served and Its Competitors
Table 72. TechnipFMC Well Abandonment Services Product Offered
Table 73. TechnipFMC Main Business
Table 74. TechnipFMC Well Abandonment Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
Table 75. TechnipFMC Latest Developments

List Of Figures

LIST OF FIGURES

Figure 1. Well Abandonment Services Report Years Considered
Figure 2. Research Objectives
Figure 3. Research Methodology
Figure 4. Research Process and Data Source
Figure 5. Global Well Abandonment Services Market Size Growth Rate 2018-2029 ($ Millions)
Figure 6. Well Abandonment Services Sales by Geographic Region (2018, 2022 & 2029) & ($ millions)
Figure 7. Well Abandonment Services Sales Market Share by Country/Region (2022)
Figure 8. Well Abandonment Services Sales Market Share by Country/Region (2018, 2022 & 2029)
Figure 9. Global Well Abandonment Services Market Size Market Share by Type in 2022
Figure 10. Well Abandonment Services in Offshore
Figure 11. Global Well Abandonment Services Market: Offshore (2018-2023) & ($ Millions)
Figure 12. Well Abandonment Services in Onshore
Figure 13. Global Well Abandonment Services Market: Onshore (2018-2023) & ($ Millions)
Figure 14. Global Well Abandonment Services Market Size Market Share by Application in 2022
Figure 15. Global Well Abandonment Services Revenue Market Share by Player in 2022
Figure 16. Global Well Abandonment Services Market Size Market Share by Regions (2018-2023)
Figure 17. Americas Well Abandonment Services Market Size 2018-2023 ($ Millions)
Figure 18. APAC Well Abandonment Services Market Size 2018-2023 ($ Millions)
Figure 19. Europe Well Abandonment Services Market Size 2018-2023 ($ Millions)
Figure 20. Middle East & Africa Well Abandonment Services Market Size 2018-2023 ($ Millions)
Figure 21. Americas Well Abandonment Services Value Market Share by Country in 2022
Figure 22. United States Well Abandonment Services Market Size Growth 2018-2023 ($ Millions)
Figure 23. Canada Well Abandonment Services Market Size Growth 2018-2023 ($ Millions)
Figure 24. Mexico Well Abandonment Services Market Size Growth 2018-2023 ($ Millions)
Figure 25. Brazil Well Abandonment Services Market Size Growth 2018-2023 ($ Millions)
Figure 26. APAC Well Abandonment Services Market Size Market Share by Region in 2022
Figure 27. APAC Well Abandonment Services Market Size Market Share by Type in 2022
Figure 28. APAC Well Abandonment Services Market Size Market Share by Application in 2022
Figure 29. China Well Abandonment Services Market Size Growth 2018-2023 ($ Millions)
Figure 30. Japan Well Abandonment Services Market Size Growth 2018-2023 ($ Millions)
Figure 31. Korea Well Abandonment Services Market Size Growth 2018-2023 ($ Millions)
Figure 32. Southeast Asia Well Abandonment Services Market Size Growth 2018-2023 ($ Millions)
Figure 33. India Well Abandonment Services Market Size Growth 2018-2023 ($ Millions)
Figure 34. Australia Well Abandonment Services Market Size Growth 2018-2023 ($ Millions)
Figure 35. Europe Well Abandonment Services Market Size Market Share by Country in 2022
Figure 36. Europe Well Abandonment Services Market Size Market Share by Type (2018-2023)
Figure 37. Europe Well Abandonment Services Market Size Market Share by Application (2018-2023)
Figure 38. Germany Well Abandonment Services Market Size Growth 2018-2023 ($ Millions)
Figure 39. France Well Abandonment Services Market Size Growth 2018-2023 ($ Millions)
Figure 40. UK Well Abandonment Services Market Size Growth 2018-2023 ($ Millions)
Figure 41. Italy Well Abandonment Services Market Size Growth 2018-2023 ($ Millions)
Figure 42. Russia Well Abandonment Services Market Size Growth 2018-2023 ($ Millions)
Figure 43. Middle East & Africa Well Abandonment Services Market Size Market Share by Region (2018-2023)
Figure 44. Middle East & Africa Well Abandonment Services Market Size Market Share by Type (2018-2023)
Figure 45. Middle East & Africa Well Abandonment Services Market Size Market Share by Application (2018-2023)
Figure 46. Egypt Well Abandonment Services Market Size Growth 2018-2023 ($ Millions)
Figure 47. South Africa Well Abandonment Services Market Size Growth 2018-2023 ($ Millions)
Figure 48. Israel Well Abandonment Services Market Size Growth 2018-2023 ($ Millions)
Figure 49. Turkey Well Abandonment Services Market Size Growth 2018-2023 ($ Millions)
Figure 50. GCC Country Well Abandonment Services Market Size Growth 2018-2023 ($ Millions)
Figure 51. Americas Well Abandonment Services Market Size 2024-2029 ($ Millions)
Figure 52. APAC Well Abandonment Services Market Size 2024-2029 ($ Millions)
Figure 53. Europe Well Abandonment Services Market Size 2024-2029 ($ Millions)
Figure 54. Middle East & Africa Well Abandonment Services Market Size 2024-2029 ($ Millions)
Figure 55. United States Well Abandonment Services Market Size 2024-2029 ($ Millions)
Figure 56. Canada Well Abandonment Services Market Size 2024-2029 ($ Millions)
Figure 57. Mexico Well Abandonment Services Market Size 2024-2029 ($ Millions)
Figure 58. Brazil Well Abandonment Services Market Size 2024-2029 ($ Millions)
Figure 59. China Well Abandonment Services Market Size 2024-2029 ($ Millions)
Figure 60. Japan Well Abandonment Services Market Size 2024-2029 ($ Millions)
Figure 61. Korea Well Abandonment Services Market Size 2024-2029 ($ Millions)
Figure 62. Southeast Asia Well Abandonment Services Market Size 2024-2029 ($ Millions)
Figure 63. India Well Abandonment Services Market Size 2024-2029 ($ Millions)
Figure 64. Australia Well Abandonment Services Market Size 2024-2029 ($ Millions)
Figure 65. Germany Well Abandonment Services Market Size 2024-2029 ($ Millions)
Figure 66. France Well Abandonment Services Market Size 2024-2029 ($ Millions)
Figure 67. UK Well Abandonment Services Market Size 2024-2029 ($ Millions)
Figure 68. Italy Well Abandonment Services Market Size 2024-2029 ($ Millions)
Figure 69. Russia Well Abandonment Services Market Size 2024-2029 ($ Millions)
Figure 70. Spain Well Abandonment Services Market Size 2024-2029 ($ Millions)
Figure 71. Egypt Well Abandonment Services Market Size 2024-2029 ($ Millions)
Figure 72. South Africa Well Abandonment Services Market Size 2024-2029 ($ Millions)
Figure 73. Israel Well Abandonment Services Market Size 2024-2029 ($ Millions)
Figure 74. Turkey Well Abandonment Services Market Size 2024-2029 ($ Millions)
Figure 75. GCC Countries Well Abandonment Services Market Size 2024-2029 ($ Millions)
Figure 76. Global Well Abandonment Services Market Size Market Share Forecast by Type (2024-2029)
Figure 77. Global Well Abandonment Services Market Size Market Share Forecast by Application (2024-2029)