Results for tag: "Stimulation Material"

The Stimulation Material market within the Oil and Gas Exploration and Production industry is a highly competitive sector. Stimulation materials are used to increase the production of oil and gas from existing wells. These materials are used to increase the permeability of the rock formations, allowing for more efficient extraction of oil and gas. Stimulation materials are typically composed of chemicals, proppants, and other additives. The market is driven by the need for increased production from existing wells, as well as the need to reduce costs associated with exploration and production. The Stimulation Material market is highly fragmented, with a number of large and small players operating in the space. Major players include Halliburton, Schlumberger, Baker Hughes, Weatherford International, and Calfrac Well Services. These companies offer a wide range of products and services, including chemical stimulation, proppant stimulation, and other services. Show Less Read more