Known reserves in South and Central America make up for over 20 percent of the global underground reserves. Venezuela possesses 85 per cent of the region's crude reserves, and Latin America has the second largest oil reserves in the world after the Middle East. Brazil has the second largest reserves with 15.6 billion barrels as of 2013. The market for Wireline logging services in South America was worth 2.32 billion USD as of 2013. Companies like Schlumberger, Weatherford International ltd and Baker Hughes are employing techniques like Wireline logging and Perforating using electronic tools and computerized surface systems at the wellsite to analyze and record geophysical formations.
Generally every oil well drilling starts when it is uncased. And the surface casing will be installed once a short distance is drilled, to protect the softer surface formations without caving. Number of casings installed will depend upon the total depth of the well and type of rock formation. After reaching the total depth, a log will be run to determine whether the well is economical to produce and also to determine the exact depth of the well.
There are two types logging operations performed in a well:
Open-Hole Logging
Cased-Hole Logging
Open-Hole logging generally refers to logging operations that are performed on a well before the wellbore has been ceased and cemented. On the other hand, cased-hole logging involves retrieving logging measurements through the well casing, or the metal piping that is inserted into the well during completion operations.
Increasing energy demand, increasing exploration activity in deeper waters, shale boom and rise global well intervention demand are the major drivers for Wireline logging services market. On the flip side, lack of skilled labor and need for initial technical equipment are some of the factors restraining the market.
What the Report Offers
· Market Definition for the South and Central America Wireline logging services along with identification of key drivers and restraints for the market.
· Market analysis for the South and Central America Wireline logging services market, with country specific assessments and competition analysis on the country scale.
· Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on the country 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 South and Central America Wireline logging services market on country basis.
· A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
Reasons for Buying this Report
For gaining an exhaustive understanding of the South and Central America market for Wireline logging services. Would be of assistance in providing a comprehensive analysis of the major trends, innovations and associated prospects for market growth over the coming half a decade
An ideal opportunity for industry consultants, Wireline manufacturers and other interested and allied parties to gain a critical insight into the factors driving and restraining the market, in addition to opportunities offered
Wide-ranging information provided about the leading market players and the major strategies adopted by them.
1. Introduction
1.1 Report Guidance
1.2 Markets Covered
1.3 Key Points Noted
2. Executive Summary
3. Market Overview
3.1 Introduction
3.2 Recent Developments in Wireline Logging Services
3.3 R & D Activities
3.4 Investments and Opportunities
4. Drivers, Constraints and Opportunities
4.1 Drivers
4.1.1 Increasing Energy Demand
4.1.2 Shale Boom
4.1.3 Increasing Exploration Activity
4.1.4 High Demand for Logging
4.2 Constraints
4.2.1 Environmental Issues
4.2.2 Lack of Skilled Labor
4.2.3 Constitutional Barriers
4.3 Opportunities
4.3.1 Investment Opportunities in Wireline Logging Services Market
4.3.2 Increasing Drilling Activity Across the Globe
5. Wireline Logging Services Value Chain Analysis
5.1 Overview
5.2 Equipment Manufacturers
5.3 Service Providers
5.4 Operators
6. South and Central America Wireline Logging Services Market Analysis, by Geography
6.1 South & Central America
6.1.1 Overview
6.1.2 Major Countries
6.1.2.1 Venezuela
6.1.2.1.1 Introduction
6.1.2.1.2 Market Demand to 2020
6.1.2.1.3 Investment Opportunities
6.1.2.1.4 Technology Advancements
6.1.2.1.5 Government Policies and Regulations
6.1.2.2 Brazil
6.1.2.2.1 Introduction
6.1.2.2.2 Market Demand to 2020
6.1.2.2.3 Investment Opportunities
6.1.2.2.4 Technology Advancements
6.1.2.2.5 Government Policies and Regulations
6.1.2.3 Ecuador
6.1.2.3.1 Introduction
6.1.2.3.2 Market Demand to 2020
6.1.2.3.3 Investment Opportunities
6.1.2.3.4 Technology Advancements
6.1.2.3.5 Government Policies and Regulations
6.1.2.4 Others
7. South and Central America Wireline Logging Services Market Analysis, by Type
7.1 Introduction
7.2 Open-Hole
7.2.1 Market Definition
7.2.2 Market Analysis and Forecasts
7.3 Cased-Hole
7.3.1 Market Definition
7.3.2 Market Analysis and Forecasts
8. South and Central America Wireline Logging Services Market Analysis, by Wireline Type
8.1 Introduction
8.2 E-Line
8.2.1 Market Definition
8.2.2 Market Analysis and Forecasts
8.3 Slick-Line
8.3.1 Market Definition
8.3.2 Market Analysis and Forecasts
9. Competition
9.1 Overview
9.2 Market Share of Key Companies, by Geography
9.3 Market Share of Key Companies, by Equipment
10. Key Company Analysis
10.1 Baker Hughes Inc
10.2 Schlumberger Limited
10.3 Halliburton Company
10.4 Nabors Industries Ltd
10.5 Weatherford International
10.6 Superior Energy Services, Inc
10.7 OilServ
10.8 National Drilling Company
10.9 RECON Petrotechnologies Ltd.
10.10 Pioneer Energy Services
11. Competitive Landscape
11.1 Deal Summary
11.1.1 Acquisition
11.1.2 Private Equity
11.1.3 Equity Offerings
11.1.4 Debt Offerings
11.1.5 Partnerships
11.1.6 Asset Transactions
11.2 Recent Developments
11.2.1 New Technology Inventions
11.2.2 New Contract Announcements
12. Appendix
12.1 Sources
12.2 Abbreviations
12.3 Market Definition
12.3.1 Methodology
12.3.2 Coverage
12.3.3 Secondary Research
12.3.4 Primary Research
12.3.5 Expert Panel Validation
12.4 Contact Us
12.5 Disclaimer
