Increase in Production and Development of Shale Gas in North America to Impact the Wellbore Cleaning Services Market


Posted March 7, 2019 by sakshiTMR

Increase in Production and Development of Shale Gas in North America to Impact the Wellbore Cleaning Services Market

 
Transparency Market Research in its new report titled, “Wellbore Cleaning Services Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the wellbore cleaning services market. The TMR report anticipates that the increase in production and development of shale gas in North America will drive the wellbore cleaning services market in the region during the forecast period i.e, 2018-2026.
The TMR report has split the wellbore cleaning services market based on type, technology, and region. In terms of type, the market is classified into mechanical cleaning tool, chemical cleaning tool, hydraulics, and filtration cleaning tool. Mechanical cleaning tools remove wellbore debris efficiently to deliver a clear path for production. Wellbore cleanup mechanical tools include products for displacement, blowout preventer (BOP), riser cleaning, casing cleaning, and debris management. Chemical cleaning solutions provide a complete and smooth transition from drilling to completion fluid. Chemicals used by industry leaders include water-wetting surfactants, filter cake breakers, pipe dope solvents, and oil-base mud thinners. Filtration services offer effective solids removal for well completion and gravel-pack fluids. Filtration services tool is used to remove the scale, bacteria, clay, pipe dope, rust and other solids, which can cause damage during well bore cleaning process. Hydraulics are used for computer modeling to forecast engineering values in well bore geometry.
In terms of technology, the market is split into riser cleaning tools, casing cleaning tools, jetting and bypass tools, debris extraction tools, and specialty tools. Riser cleaning tools are designed to remove any debris or solid material existent in the riser, either on integrated or off-line operations with the intervention or displacement run. These systems are used to protect riser types from destruction during operations without sacrificing greater cleaning performance. On the other hand, casing cleaning tools aim to remove some debris or solid material that exists in the casing while restoring drift and cleaning the walls in preparation for intervention or displacement operations. These vigorous cleaning systems are intended to meet challenging down-hole requirements and environments. Jetting tools are introduced to deliver reliable and simple activation sequences. They are used to shut pumps in critical stages of the displacement, drop multiple ball sizes, or eradicate lower narrow string rotation. Wellbore cleaning systems provide enhanced benefits of functionality without sacrificing technical specifications.
On a geographical stand, the wellbore cleaning services market is segmented into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. North America accounted for major share of the global wellbore cleaning services market in 2016 due to the increase in production and development of shale gas in the region. North America is a key market for wellbore cleaning services market, followed by Asia Pacific, Middle East & Africa, Europe, and Latin America. Prominent companies operating in the global wellbore cleaning services market are profiled in this report and these include Weatherford, Halliburton, Abrado Wellbore UK, Baker Hughes Incorporated, M&M Oil Tool, Archer, Schlumberger Limited, and BILCO TOOLS, INC.
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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Categories Biotech , Research , Science
Tags wellbore cleaning services , wellbore cleaning services market , wellbore cleaning services market size
Last Updated March 7, 2019