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The well abandonment services market is forecast to grow by USD 1.18 billion during 2023-2028, accelerating at a CAGR of 4.88% during the forecast period. The report on the well abandonment services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by maturing oil and gas fields, regulatory requirements for well abandonment, and rise of renewable energy.
The well abandonment services market is segmented as below:
By Application
- Offshore
- Onshore
By Type
- Permanent
- Temporary
By Geographical Landscape
- Europe
- North America
- Middle East and Africa
- APAC
- South America
The report on the well abandonment services market covers the following areas:
- Well abandonment services market sizing
- Well abandonment services market forecast
- Well abandonment services market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global well abandonment services market: A and T Well and Pump, A Plus Well Service Inc., Acona, Acteon Group Ltd., AGR Holdco Ltd., BiSN Oil Tools Ltd., Calfrac Well Services Ltd., Coretrax Ltd., Dan Wood Co., Expro Group Holdings NV, Halliburton Co., M and W Drilling LLC, NexTier Oilfield Solutions Inc., Oceaneering International Inc., Petrofac Ltd., Proserv UK Ltd., Schlumberger Ltd., TechnipFMC plc, Weatherford International Plc, and Well Engineering Partners (WEP) BV..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is technological advances in well abandonment techniques."
According to the report, one of the major drivers for this market is the maturing oil and gas fields.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- A and T Well and Pump
- A Plus Well Service Inc.
- Acona
- Acteon Group Ltd.
- AGR Holdco Ltd.
- BiSN Oil Tools Ltd.
- Calfrac Well Services Ltd.
- Coretrax Ltd.
- Dan Wood Co.
- Expro Group Holdings NV
- Halliburton Co.
- M and W Drilling LLC
- NexTier Oilfield Solutions Inc.
- Oceaneering International Inc.
- Petrofac Ltd.
- Proserv UK Ltd.
- Schlumberger Ltd.
- TechnipFMC plc
- Weatherford International Plc
- Well Engineering Partners (WEP) BV.
