Market Overview

Global Well Services Market Growth, Trends and Forecast to 2023 - Segmented by Type and Geography -


The "Global
Well Services Market - Segmented by Type, and Geography - Growth,
Trends, and Forecast (2018 - 2023)"
report has been added to's

In 2017, crude oil price has gained momentum towards recovery and has
now stabilized itself above USD 60 per barrel mark. Growth in upstream
activities has also been registered in 2017 and is expected to continue
during the forecast period.

Low crude oil price in the past forced the oil & gas companies to invest
in technology to reduce the breakeven price and change in their
strategy, which is expected to add adrenaline to oil & gas upstream
activity during the forecast period and drive the well services market.

Increase in Hydraulic Fracturing is Driving the Market

Hydraulic fracturing market is expected to register a CAGR of more than
5% during the forecast period, which in turn, propel the well services

Currently, the United States is the leading player in hydraulic
fracturing, but several other countries, like Argentina, Canada, and
China are expected to draw significant attention for hydraulic
fracturing during the forecast period, thereby, driving the market.

Key Highlights

  • Golden Triangle one of the Largest Market
  • Norway's Oil Industry Back on its Feet

Topics Covered

1. Executive Summary

2. Research Methodology

3. Market Overview

4. Market Dynamics

5. Supply Chain Analysis

6. Industry Attractiveness - Porter's Five Forces Analysis

7. Market Segmentation and Analysis

8. Regional Market Analysis

9. Key Company Analysis

10. Competitive Landscape

  • Schlumberger Limited
  • Weatherford International PLC
  • Baker Hughes (a GE Company)
  • Halliburton Company
  • National Oilwell Varco
  • Superior Energy Services Inc.
  • Expro Group
  • Archer
  • Odfjell Well Services
  • Axis Well Technology

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