Well Intervention Market Analysis

The well intervention market is segmented by service into logging & bottom hole survey, stimulation, remedial cementing, zonal isolation, sand control services, artificial lift, and fishing, out of which, the logging & bottom hole survey segment is anticipated to witness the highest growth in the market. This can be accounted to the growing number of active rigs across the globe, and the effectiveness of this service in monitoring cementing, corrosion, radioactivity and plug settings. Additionally, on the basis of location of deployment, the onshore segment is predicted to acquire the largest share over the forecast period owing to the fact that onshore drilling comprises of all the drilling sites located on dry land and accounts for about 70 percent of worldwide oil production. Apart from this, increase in oil and gas discoveries is also evaluated to boost the market segment growth in the future. 

Our in-depth analysis of the global market includes the following segments: