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  5. > Global Well Intervention Market Forecast To 2018, Analysis By Region, Well Intervention Types, Competitive Landscape, Deal Analysis

Global well intervention market is expected to worth $17.5 billion by 2018, up from $9.97 billion in 2013, with a CAGR of 11.9%. Continuous depletion of oil reserves and increasing oil demand over the world is making a huge market potential for well intervention. The global oil demand is forecasted to reach 96.9 million barrels per day by 2020. To meet this increasing demand, oil and gas companies require new technology and equipment in intervention to achieve better oil recovery, thus opening up market for well intervention.

Well intervention services are often termed as Services that extend the life of producing wells by improving performance or providing access to stranded or additional hydrocarbon reserves. The well intervention or work over market is primarily affected by increasing oil and demand and ageing assets.

The well intervention market is expected to grow at an increasing pace, as the operators are finding new discoveries. Currently, North America is leading the well intervention market. Followed by Europe, South & Central America.

By the end of 2013, there are 7,299 trillion cubic feet of natural gas resources and 345 billion barrels of oil resources available within the shale formations across the world.

The expectation has always been that increasing demand for oil over the next 15 to 20 years would be met by OPEC, but the shale boom is rapidly changing the competitive advantage that the Gulf has had for so long and with it the political equations.

As the deep water production is increasing, subsea well count is also growing. The demand and frequency of required servicing through intervention grows along with the asset’s age. There are many assets which are more than 5-10 years old, so require maintenance and service. This makes the well intervention market fancy a huge market potential.

The companies are forced to invest huge amounts on recovering more oil and gas, especially companies operating in offshore segment, as a result of decreasing reserves are opened up a decent market potential for well intervention companies. The growing demand for energy could also be another factor driving this industry. The increasing energy demand making the companies invests to find out more resources thus making well intervention vital.

There is also a decent market potential for vessels capable of intervening on subsea wells, because of the growing deepwater developments.

The report provides comprehensive analysis on offshore potential reserves and production data followed by well intervention market segment by region, major countries and key company information.

The report also provides competitive landscape which describes the detailed deal analysis and mergers and acquisition info etc. Key company’s information along with their financials, business description and analyst view are included in the report. Along with key companies, the well intervention services vessels companies’ are also included with the same details.

Table Of Contents

Global Well Intervention Market Forecast To 2018, Analysis By Region, Well Intervention Types, Competitive Landscape, Deal Analysis
1 Introduction
1.1 Key Points Noted
1.2 Research Methodology

2 Report Guidance and Description

3 Overview and Well Intervention Scenario

4 Market Overview
4.1 Introduction to Well Intervention
4.2 Types
4.2.1 Pumping
4.2.2 Well Head Maintenance
4.2.3 Slickline
4.2.4 Braided line
4.2.5 Coiled tubing
4.2.6 Snubbing/Hydraulic Work Over
4.2.7 Subsea well Intervention
4.3 Oil Markets
4.3.1 Short term oil price dynamics
4.3.2 Long term oil price dynamics
4.4 Gas Markets
4.4.1 Short term gas price dynamics
4.4.2 Long term gas price dynamics

5 Offshore Production and Reserves
5.1 Undeveloped Resources

6 Onshore Production and Reserves
6.1 Undeveloped Resources

7 Drivers and Constraints
7.1 Drivers
7.1.1 Increasing Energy Demand
7.1.2 Rapidly Decreasing Reserves
7.2 Constraints
7.2.1 Possible Risk of Water Contamination
7.2.2 Need to Reduce Costs Involved in the Industry
7.3 Opportunities
7.3.1 RLWI Vessel Market

8 Cases of Loss of Well Integrity
8.1 Surface casing failure and drop of well head
8.2 Production casing hanger failure
8.3 Loss of well bore
8.4 Gas leaks in tubing strings
8.5 Production casing failure
8.6 Well Failure

9 Global Intervention Demand
9.1 North America Well Intervention Demand
9.1.1 Major Countries
9.1.2 Proved Reserved
9.1.3. Well Intervention Demand Forecasts
9.2 Africa Well Intervention Demand
9.2.1 Major Countries
9.2.2 Proved Reserved
9.2.3. Well Intervention Demand Forecasts
9.3 Europe Well Intervention Demand
9.3.1 Major Countries
9.3.2 Proved Reserved
9.3.3. Well Intervention Demand Forecasts
9.4 Middle East Well Intervention Demand
9.4.1 Major Countries
9.4.2 Proved Reserved
9.4.3. Well Intervention Demand Forecasts
9.5 APAC Well Intervention Demand
9.5.1 Major Countries
9.5.2 Proved Reserved
9.5.3. Well Intervention Demand Forecasts
9.6 South and Central America Well Intervention Demand
9.6.1 Major Countries
9.6.2 Proved Reserved
9.6.3. Well Intervention Demand Forecasts

10 Company Profiles
10.1 Petrobas
10.2 Statoil
10.3 Total
10.4 BP
10.5 Shell
10.6 ExxonMobil
10.7 Harkand
10.8 Schlumberger
10.9 Haliburton Co
10.10 Aker Solutions Asa
10.11 Baker Hughes Inc.
10.12 Helix Energy Solutions Group Co
10.13 Weatherford International Ltd
10.14 Welltec International Aps
10.15 Cudd Energy Services
10.16 FMC Technologies Inc.
10.17 Archer - The Well Company

11 Well Intervention Supply
11.1 Introduction
11.2 Global Potential Intervention Vessel Supply
11.3 Segmented well intervention supply
11.4 Key vessel operators
11.4.1 Well Ops
11.4.2 Island Offshore/Maracc ASA
11.4.3 Aker Oil Field Services
11.4.4 Eide Marine Services A/S
11.4.5 Norshore
11.4.6 Fugro-TS Marine
11.4.7 Cal-Dive International
11.4.8 Hallin Marine
11.4.9 Oceaneering
11.4.10 Farstad
11.5 Fleet Age Profile and Potential Attrition
11.6 Potential Intervention Supply

12 Intervention Vessel Work Scopes
12.1 Light Well Intervention
12.2 Medium Well Intervention
12.3 Heavy Well Intervention

13 Financial Deals Landscape
13.1 Detailed Deal Summary
13.1.1 Acquisition
13.1.2 Private Equity
13.1.3 Equity Offerings
13.1.4 Debt Offerings
13.1.5 Partnerships
13.1.6 Asset Transactions

14 Recent Developments
14.1 Strategy and Business Expansion
14.2 Other Significant Developments
14.3 New Contracts Announcements

15 Appendix
15.1 Sources
15.2 Abbreviations
15.3 Market Definition
15.3.1 Methodology
15.3.2 Coverage
15.3.3 Secondary Research
15.3.4 Primary Research
15.3.5 Expert Panel Validation
15.4 Contact Us
15.5 Disclaimer

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