Global Coiled Tubing Services Market 2018 Size, Development Status, Type and Application, Segmentation, Forecast by 2025

Coiled Tubing Services Market:

Executive Summary

This report focuses on the global Coiled Tubing Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Coiled Tubing Services development in United States, Europe and China.

Coiled tubing refers to a continuous length of small-diameter steel pipe and related surface equipment as well as associated drilling, completion and workover, or remediation, techniques. Coiled tubing oilfield technology was initially developed for working on live, producing wells.

Coiled tubing technology is frequently used to deploy tools and materials through production tubing or casing while remedial work is performed on producing wells. Coiled tubing fulfills three key requirements for downhole operations on live wells by providing a dynamic seal between the formation pressure and the surface, a continuous conduit for fluid conveyance and a method for running this conduit in and out of a pressurized well.

Coiled tubing strength and rigidity, combined with its capability to circulate treatment fluids, offer distinct advantages in workover operations. In addition to drilling and completion operations, oil and gas companies are using coiled tubing to help fish for lost equipment and for conveying well logging tools.

Rise in exploration & production activities globally is anticipated to boost the market over the forecast period. Mounting demand for the oil and gas in transportation, power production, and other application activities, had led to the growth in the consumption of primary energy sources.

The global market is moderately consolidated. It experiences the presence of giant and large number of key industry participants across the value chain. Major companies operating in the market comprises of multinational conglomerates which includes E&P companies, individual equipment & oilfield service corporations, microseismic and proppants companies. The key players are Schlumberger, Halliburton, Baker Hughes (GE), Weatherford, Superior Energy, Archer, Calfrac Well Services, Cudd Energy Services (RPC), National Oilwell Varco, Pioneer Energy Services, PT Elnusa Tbk, Legend Energy, Smape S.r.l., Jereh Group and so on.

The market is growing at a very rapid pace and with rise in technological innovation, competition and M&A activities in the industry many local and regional vendors are offering specific application products for varied end-users. The new manufacturer entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.

The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration.

Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions’ unfair methods of competition.

Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.

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In 2017, the global Coiled Tubing Services market size was 3510 million US$ and it is expected to reach 6240 million US$ by the end of 2025, with a CAGR of 7.5% during 2018-2025.

The key players covered in this study

• Schlumberger
• Halliburton
• Baker Hughes (GE)
• Weatherford
• Superior Energy
• Archer
• Calfrac Well Services
• Cudd Energy Services (RPC)
• National Oilwell Varco
• Pioneer Energy Services
• PT Elnusa Tbk
• Legend Energy
• Smape S.r.l.
• Jereh Group

Market segment by Type, the product can be split into

• Well Intervention
• Drilling
• Others

Market segment by Application, split into

• Onshore
• Offshore

Market segment by Regions/Countries, this report covers

• United States
• Europe
• China
• Japan
• Southeast Asia
• India
• Central & South America

The study objectives of this report are:

• To analyze global Coiled Tubing Services status, future forecast, growth opportunity, key market and key players.
• To present the Coiled Tubing Services development in United States, Europe and China.
• To strategically profile the key players and comprehensively analyze their development plan and strategies.
• To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Coiled Tubing Services are as follows:

• History Year: 2013-2017
• Base Year: 2017
• Estimated Year: 2018
• Forecast Year 2018 to 2025

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Table of Contents

1 Report Overview 
1.1 Study Scope 
1.2 Key Market Segments 
1.3 Players Covered 
1.4 Market Analysis by Type 
1.4.1 Global Coiled Tubing Services Market Size Growth Rate by Type (2013-2025) 
1.4.2 Well Intervention 
1.4.3 Drilling 
1.4.4 Others 
1.5 Market by Application 
1.5.1 Global Coiled Tubing Services Market Share by Application (2013-2025) 
1.5.2 Onshore 
1.5.3 Offshore 
1.6 Study Objectives 
1.7 Years Considered

2 Global Growth Trends 
2.1 Coiled Tubing Services Market Size 
2.2 Coiled Tubing Services Growth Trends by Regions 
2.2.1 Coiled Tubing Services Market Size by Regions (2013-2025) 
2.2.2 Coiled Tubing Services Market Share by Regions (2013-2018) 
2.3 Industry Trends 
2.3.1 Market Top Trends 
2.3.2 Market Drivers 
2.3.3 Market Opportunities

3 Market Share by Key Players 
3.1 Coiled Tubing Services Market Size by Manufacturers 
3.1.1 Global Coiled Tubing Services Revenue by Manufacturers (2013-2018) 
3.1.2 Global Coiled Tubing Services Revenue Market Share by Manufacturers (2013-2018) 
3.1.3 Global Coiled Tubing Services Market Concentration Ratio (CR5 and HHI) 
3.2 Coiled Tubing Services Key Players Head office and Area Served 
3.3 Key Players Coiled Tubing Services Product/Solution/Service 
3.4 Date of Enter into Coiled Tubing Services Market 
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Type and Application 
4.1 Global Coiled Tubing Services Market Size by Type (2013-2018) 
4.2 Global Coiled Tubing Services Market Size by Application (2013-2018)

…

12 International Players Profiles 
12.1 Schlumberger 
12.1.1 Schlumberger Company Details 
12.1.2 Company Description and Business Overview 
12.1.3 Coiled Tubing Services Introduction 
12.1.4 Schlumberger Revenue in Coiled Tubing Services Business (2013-2018) 
12.1.5 Schlumberger Recent Development 
12.2 Halliburton 
12.2.1 Halliburton Company Details 
12.2.2 Company Description and Business Overview 
12.2.3 Coiled Tubing Services Introduction 
12.2.4 Halliburton Revenue in Coiled Tubing Services Business (2013-2018) 
12.2.5 Halliburton Recent Development 
12.3 Baker Hughes (GE) 
12.3.1 Baker Hughes (GE) Company Details 
12.3.2 Company Description and Business Overview 
12.3.3 Coiled Tubing Services Introduction 
12.3.4 Baker Hughes (GE) Revenue in Coiled Tubing Services Business (2013-2018) 
12.3.5 Baker Hughes (GE) Recent Development 
12.4 Weatherford 
12.4.1 Weatherford Company Details 
12.4.2 Company Description and Business Overview 
12.4.3 Coiled Tubing Services Introduction 
12.4.4 Weatherford Revenue in Coiled Tubing Services Business (2013-2018) 
12.4.5 Weatherford Recent Development 
12.5 Superior Energy 
12.5.1 Superior Energy Company Details 
12.5.2 Company Description and Business Overview 
12.5.3 Coiled Tubing Services Introduction 
12.5.4 Superior Energy Revenue in Coiled Tubing Services Business (2013-2018) 
12.5.5 Superior Energy Recent Development 
12.6 Archer 
12.6.1 Archer Company Details 
12.6.2 Company Description and Business Overview 
12.6.3 Coiled Tubing Services Introduction 
12.6.4 Archer Revenue in Coiled Tubing Services Business (2013-2018) 
12.6.5 Archer Recent Development 
12.7 Calfrac Well Services 
12.7.1 Calfrac Well Services Company Details 
12.7.2 Company Description and Business Overview 
12.7.3 Coiled Tubing Services Introduction 
12.7.4 Calfrac Well Services Revenue in Coiled Tubing Services Business (2013-2018) 
12.7.5 Calfrac Well Services Recent Development 
12.8 Cudd Energy Services (RPC) 
12.8.1 Cudd Energy Services (RPC) Company Details 
12.8.2 Company Description and Business Overview 
12.8.3 Coiled Tubing Services Introduction 
12.8.4 Cudd Energy Services (RPC) Revenue in Coiled Tubing Services Business (2013-2018) 
12.8.5 Cudd Energy Services (RPC) Recent Development 
12.9 National Oilwell Varco 
12.9.1 National Oilwell Varco Company Details 
12.9.2 Company Description and Business Overview 
12.9.3 Coiled Tubing Services Introduction 
12.9.4 National Oilwell Varco Revenue in Coiled Tubing Services Business (2013-2018) 
12.9.5 National Oilwell Varco Recent Development 
12.10 Pioneer Energy Services 
12.10.1 Pioneer Energy Services Company Details 
12.10.2 Company Description and Business Overview 
12.10.3 Coiled Tubing Services Introduction 
12.10.4 Pioneer Energy Services Revenue in Coiled Tubing Services Business (2013-2018) 
12.10.5 Pioneer Energy Services Recent Development 
12.11 PT Elnusa Tbk 
12.12 Legend Energy 
12.13 Smape S.r.l. 
12.14 Jereh Group

Continuous…

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