DUBLIN, August 2, 2013 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/j92jqs/coiled_tubing) have announced the addition of the "Coiled Tubing Market by Services, Active Fleet & Geography - Global Trends & Forecasts to 2018" report to their offering.
The market data is available from 2011 to 2018, growing at a CAGR of 7.0% from 2013 to 2018.
Coiled Tubing (CT) is a continuously milled, lengthy tubular product spooled onto a take-up reel, with key service offerings in the oil and gas industry. The CT service market and fleet grew marginally in recent years and will continue at a moderate growth rate, with Asia-Pacific, Middle East, and European markets on a higher positive front.
A CT unit usually comprises a set of equipment to perform standard, continuous-length tubing operations in oil and gas fields. Coiled tubes are generally made of low-alloy carbon-steel and range from 0.75 inches to 4 inches in diameter with single reel tubing lengths reaching 30,000 feet with yield strengths ranging from 55,000 PSI to 120,000 PSI. A standard CT unit comprises of four elements: reel, injector head, control cabin, and power rack.
CT is employed as a cost-effective solution for numerous well work and intervention applications with the key advantage of the ability to continuously circulate through the tubing while utilizing the CT pressure control equipment in treating a live well. The tool string at the bottom of the coil is known as Bottom Hole Assembly (BHA). It can be a simple jetting nozzle, to pump chemicals or cement through the coil or large string of logging tools.
This report analyzes the coiled tubing service market and active fleet in different regions. The report also provides a market overview of coiled tubing by different service types. Among these services, well intervention holds the biggest share with 78% of the total revenue in 2012. CT drilling holds 8% of the total share and other applications accounted for the remaining share of 14%.
For this report, major players in the market are identified through secondary and primary research. Based on that, their market shares are evaluated. This includes a study of the annual reports of top market players and interviews with key opinion leaders, such as CEOs, directors, and marketing people.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Market Overview
5 Coiled Tubing Active Fleet, By Geography & Major Operators
6 Coiled Tubing Services, By Geography
7 Coiled Tubing Services, By Service Types
8 Competitive Landscape
9 Company Profiles
- Aker Solutions Asa
- Archer - The Well Company
- Baker Hughes INC
- C&J Energy Services INC
- Calfrac Well Services LTD
- Cwc Well Services Corporation
- Essential Energy Services LTD
- Halliburton CO
- Key Energy Services INC
- Nabors Industries LTD
- Pioneer Energy Services
- RPC INC
- San Antonio International
- Sanjel Corporation
- Savanna Energy Services Corporation
- Schlumberger LTD
- Superior Energy Services INC
- Trican Well Service LTD
- Weatherford International LTD
- Xtreme Drilling And Coil Service
For more information visit http://www.researchandmarkets.com/research/j92jqs/coiled_tubing
SOURCE Research and Markets