South & Central Americas well intervention market is expected to reach $2.63 billion by 2018, up from $1.5 billion in 2013, with a CAGR of 11.9%.
Latin America has much potential for oil and gas production. Brazil is in the early stages of exploiting its pre-salt bonanza. There are vast amounts of hydrocarbon reserves through out Latin America - heavy oil in Venezuela, shale gas in Argentina and unexplored possibilities in Colombia, both onshore and offshore, making it an interesting prospect for companies who offer well intervention services.
Despite these promises, there are pit falls. Declining production from mature fields in Brazil, political issues in Venezuela, Argentina and rebel activity in Colombia contribute to these pitfalls.
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.