Canada Artificial Lift Systems Market
Canada Artificial Lift Systems Market Outlook to 2022

PUBLISHED

DEC 2017

Canada Artificial Lift Systems Market Outlook to 2022

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Canada is one of the very important market for artificial lift systems because of the increased usage of this technique to remove oil.

Artificial lift is a process used on oil wells to increase pressure within the reservoir and encourage oil to the surface. When the natural drive energy of the reservoir is not strong enough to push the oil to the surface, artificial lift is employed to recover more production.

While some wells contain enough pressure for oil to rise to the surface without stimulation, most don't, requiring artificial lift. In fact, 96% of the oil wells in the US require artificial lift from the very beginning

Even those wells that initially posses natural flow to the surface, that pressure depletes over time, and artificial lift is then required. Therefore, artificial lift is generally performed on all wells at some time during their production life.

Although there are several methods to achieve artificial lift, the two main categories of artificial lift include pumping systems and gas lifts.

The most common type of artificial lift pump system applied is beam pumping, which engages equipment on and below the surface to increase pressure and push oil to the surface. Consisting of a sucker rod string and a sucker rod pump, beam pumps are the familiar jack pumps seen on onshore oil wells.

Another artificial lift pumping system, hydraulic pumping equipment applies a downhole hydraulic pump, rather than sucker rods, which lift oil to the surface. Here, the production is forced against the pistons, causing pressure and the pistons to lift the fluids to the surface. Similar to the physics applied in waterwheels powering old-fashion gristmills, the natural energy within the well is put to work to raise the production to the surface.

Electric submersible pump systems employ a centrifugal pump below the level of the reservoir fluids. Connected to a long electric motor, the pump is composed of several impellers, or blades, that move the fluids within the well. The whole system is installed at the bottom of the tubing string. An electric cable runs the length of the well, connecting the pump to a surface source of electricity.

What the Report Offers

  • Market Definition for the specified topic along with identification of key drivers and restraints for the market.
  • Market analysis for the global artificial lift systems Market, with region specific assessments and competition analysis on a global and regional scale.
  • Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their share of markets.
  • Identification and analysis of the Macro and Micro factors that affect the global artificial lift systems market on both global and regional scale.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

1. EXECUTIVE SUMMARY

2. RESEARCH APPROACH AND METHODOLOGY

3. MARKET OVERVIEW

                3.1 Introduction

                3.2 Market Size and Demand Forecast to 2022

                3.3 Recent Trends and Developments

4. MARKET DYNAMICS

                4.1 Drivers

                4.2 Constraints

                4.3 Opportunities

5. PESTLE ANALYSIS

6. PORTER'S FIVE FORCES FRAMEWORK

                6.1 Bargaining Power of Suppliers

                6.2 Bargaining Power of Consumers

                6.3 Threat of New Entrants

                6.4 Threat of Substitute Products and Services

                6.5 Competitive Rivalry

7. CANADA ARTIFICIAL LIFT SYSTEMS MARKET ANALYSIS, BY DEPLOYMENT

                7.1 Onshore

                                7.1.1 Market Overview

                                7.1.2 Market Size and Demand Forecast to 2022

               7.2 Offshore

                                7.2.1 Market Overview

                                7.2.2 Market Size and Demand Forecast to 2022

8. CANADA ARTIFICIAL LIFT SYSTEMS MARKET ANALYSIS, BY TYPE

                8.1 Electric Submersible Pump Systems

                                8.1.1 Introduction

                                8.1.2 Market Size and Demand Forecast to 2022

                8.2 Rod Lift Systems

                                8.2.1 Introduction

                                8.2.2 Market Size and Demand Forecast to 2022

                8.3 Progressing Cavity Pump Lifting Systems

                                8.3.1 Introduction

                                8.3.2 Market Size and Demand Forecast to 2022

                8.4 Gas-Lift Systems

                                8.4.1 Introduction

                                8.4.2 Market Size and Demand Forecast to 2022

                8.5 Others

                                8.5.1 Introduction

                                8.5.2 Market Size and Demand Forecast to 2022

9. KEY UPSTREAM PROJECTS

                9.1 Ongoing Projects

                9.2 Upcoming Projects

10. KEY COMPANY ANALYSIS (Overview, Products and Services, Financials**, Recent Developments)

                10.1 OEM's and Service Companies

                                10.1.1 Baker Hughes, a GE company

                                10.1.2 Dover Corporation

                                10.1.3 Halliburton Company

                                10.1.4 National Oilwell Varco Inc.

                                10.1.5 Schlumberger Limited

                                10.1.6 Weatherford International Ltd

                10.2 Oil & Gas Operating Companies

                                10.2.1 Suncor Energy

                                10.2.2 Canadian Natural Resources Limited

                                10.2.3 Imperial Oil Ltd

                                10.2.4 Husky Energy Inc.

                                10.2.5 Cenovus Energy Inc.

                                (- List is Not Exhaustive)

11. COMPETITIVE LANDSCAPE

                11.1 Mergers & Acquisitions

                11.2 Joint Ventures, Collaborations and Agreements

12. FUTURE OF THE CANADA ARTIFICIAL LIFT SYSTEMS MARKET

13. APPENDIX

                12.1 Disclaimer

               **Subject To Availability

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