The Well intervention market in North America is expected to reach $5.09 billion in 2018, with a CAGR of 11.9%. North America is currently leading the global well intervention market followed by Europe and Asia-Pacific. The United States is all set to surpass the Middle East and Russia in terms of oil and gas production. Canadas oil sands have taken the country to the list of top producers. But, as the future may be bright, there is some reality check that has to be done before declaring energy independence for the United States and other countries in the region. Challenges lie in controlling the economics of oil and gas extraction in the region.
Over the years, North America has seen tremendous changes in technology. These technological advances combined with government policies have attracted more companies towards oil and gas exploration and production, making it a potential market for well intervention.
This report sheds light on issues dealing with the North American oil and Gas industry and well intervention market analysis. The report provides comprehensive analysis of potential offshore reserves and production data, followed by a thorough evaluation of the well intervention market segment by region, major countries and key company information.
The report also provides a section on the competitive landscape, detailing recent deal analysis and key company information with their financials, business description and analyst view.