Logging & Bottom Hole Survey Held the Largest Market Share of 19% Within Asia-Pacific Well Intervention Services Market

Date: 2015-08-12

“Asia-Pacific well intervention services market is estimated to grow at a CAGR of 3.5% from 2014 to 2019. Geographically, Asia-Pacific is segmented as China, Australia, India, Indonesia, Malaysia, and others. China holds a larger share in Asia-Pacific well intervention market of 23% in 2013 followed by India with 21% of the market share. Asia-Pacific well intervention services market holds a high potential for growth in future due to the new explorations activities and discoveries of oilfields particularly in China and India. 

In 2014, logging & bottom hole survey held the largest market share of 19% within Asia-Pacific well intervention services market followed by tubing/packer failure & repair with 17% of the share. 

In this report, Asia-Pacific well intervention services market is also segmented on the basis of its applications, such as onshore and offshore. 

The report has profiled the leading players of this market along with their developments (new products and services launches, contracts and  agreements, collaborations, and joint ventures) over the past few years and strategies adopted by them to sustain and strengthen their position in Asia-Pacific well intervention market. Baker Hughes Inc. (U.S.), Halliburton Co. (U.S.), Schlumberger Ltd. (U.S.), and Weatherford International PLC (Ireland) are some of the key players engaged in this market.

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