Wire line Logging Services Market cover

Wireline Logging Services Market by Wireline Types (E-lines and Slick Lines), Hole Types (Open Holes and Cased Holes), and Regions ((Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021-2028

  • Report ID: EP-3144
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 5
  • No. Of Pages: 195
  • Format:
  • Pub. Date: Upcoming
  • Share:

The global wire line logging services market size is anticipated to expand at a significant CAGR during the forecast period, 2021-2028. The growth of the market is attributed to increasing drilling and completion activities.

Wire line Logging Services Market summary

Wireline services refer to the use of electrical cabling technology used by oil & gas well operators for lower tools into the borehole to perform continuous recording of the reservoir characteristics. The oil & gas industry are widely used by the wireline services and its associated hydrocarbons, and they can provide vital information that helps in well organized and optimized drilling practices. Natural gas is used as transitional fuel between conventional resources and renewable energy.

During the COVID-19 pandemic, various restrictions on production and supply chain, negatively impacted the market growth. However, the relaxation in restrictions is estimated to fuel the market growth.

Market Trends, Drivers, Restraints and Opportunities

  • Growing demand of energy and increasing investments in offshore and unconventional exploration and production activities are projected to drive the market growth during the forecast period.
  • Increasing crude oil prices is projected to drive the market growth during the forecast period.
  • Rising number of new projects is expected to boost the market growth in the coming years.
  • Increasing recoverable resources is projected to drive the market growth during the forecast period.
  • Growing pressure to improve well efficiency is projected to drive the market growth during the forecast period.
  • Increasing real time data collection through electric tools is anticipated to drive the market growth during the forecast period.
  • Rising focus toward natural gas production and technological developments are some of the major factor expected to boost the market growth in the coming years.
  • Increasing steady oil demand along with soaring investments toward the development of energy infrastructure is projected to drive the market growth during the forecast period.
  • High temperature, high pressure, and ultra-deepwater of new reservoirs build new challenges for the market growth.
  • Surging demand for high end products are major factor restraining the market growth in the coming years.

Scope of the Report

The report on the global wireline logging services market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Wireline Logging Services Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Market Wire line Types (E-lines and Slick Lines) and Hole Types (Open Holes and Cased Holes)

Regions

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Schlumberger Limited; Halliburton Company; China Oilfield Services; Weatherford PLC; and Baker Hughes Company

Wire line Logging Services Market Segment Insights

Slick lines segment to hold a significant market share

Based on wire line types, the market is divided into e-lines and slick lines. The e-lines segment is anticipated to hold a key share of the market in the coming years due to its rising usage in lower and retrieve tools into the wellbore, and its feature to transmit data about the well condition. However, the slick lines segment is anticipated to expand at a rapid pace during the forecast period owing to its rising usage for selective placement and retrieval of wellbore hardware, such as plugs, gauges and valves located in side pocket mandrels. Valves and sleeves can also be adjusted using slick line tools.

Wire line Logging Services Market wireline type

Cased holes segment is expected to grow at a rapid pace

On the basis of hole types, the market is segregated into open holes and cased holes. The aerospace and defense segment is anticipated to hold a key share of the market in the coming years. On the other hand, the cased holes segment is anticipated to expand at a rapid pace during the forecast period, as it provides valuable information about the well.

North America is estimated to account a major market share

In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the projected period due to substantial demand and increasing technological advancements in the region. Moreover, North America is reaching toward a stage of maturity in the market. However, the market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period due to increase in the pace of oil & gas exploration across this region.

Wire line Logging Services Market region

Segments

The global wire line logging services market has been segmented on the basis of

Wire line Types

  • E-lines
  • Slick Lines

Hole Types

  • Open Holes
  • Cased Holes

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Schlumberger Limited
  • Halliburton Company
  • China Oilfield Services
  • Weatherford PLC
  • Baker Hughes Company

Competitive Landscape

Key players competing in the wire line logging services market includes Schlumberger Limited; Halliburton Company; China Oilfield Services; Weatherford PLC; and Baker Hughes Company.
Some of these players are engaging in business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share.
Baker Hughes and TMK of Russia announced to launch mutually develop integrated well completion solutions.

Wire line Logging Services Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wire line Logging Services Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Wire line Logging Services Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Wire line Logging Services Market - Supply Chain
  4.5. Global Wire line Logging Services Market Forecast
     4.5.1. Wire line Logging Services Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Wire line Logging Services Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Wire line Logging Services Market Absolute $ Opportunity
5. Global Wire line Logging Services Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Wire line Logging Services Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Wire line Logging Services Demand Share Forecast, 2019-2026
6. North America Wire line Logging Services Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Wire line Logging Services Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Wire line Logging Services Demand Share Forecast, 2019-2026
7. Latin America Wire line Logging Services Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Wire line Logging Services Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Wire line Logging Services Demand Share Forecast, 2019-2026
8. Europe Wire line Logging Services Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Wire line Logging Services Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Wire line Logging Services Demand Share Forecast, 2019-2026
9. Asia Pacific Wire line Logging Services Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Wire line Logging Services Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Wire line Logging Services Demand Share Forecast, 2019-2026
10. Middle East & Africa Wire line Logging Services Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Wire line Logging Services Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Wire line Logging Services Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Wire line Logging Services Market: Market Share Analysis
  11.2. Wire line Logging Services Distributors and Customers
  11.3. Wire line Logging Services Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Schlumberger Limited
     11.4.2. Halliburton Company
     11.4.3. China Oilfield Services
     11.4.4. Weatherford PLC
     11.4.5. Baker Hughes Company

The global wire line logging services market has been segmented on the basis of

Wire line Types

  • E-lines
  • Slick Lines

Hole Types

  • Open Holes
  • Cased Holes

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Schlumberger Limited
  • Halliburton Company
  • China Oilfield Services
  • Weatherford PLC
  • Baker Hughes Company

Key players competing in the wire line logging services market includes Schlumberger Limited; Halliburton Company; China Oilfield Services; Weatherford PLC; and Baker Hughes Company.
Some of these players are engaging in business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share.
Baker Hughes and TMK of Russia announced to launch mutually develop integrated well completion solutions.

Wire line Logging Services Market keyplayers

Buy Report