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Global Sliding Sleeves Market 2017-2021

Global Sliding Sleeves Market 2017-2021

About Sliding Sleeves

The sliding sleeve is one of the well completion tools that allows communication between the tubing and the annulus for well kill operation, circulation for tubing or annulus, and selective zone production. The sliding sleeve is essentially a full-opening with an inner sleeve that can be opened or closed by means of a wireline shifting tool. The main applications for a sliding sleeve include providing circulation to the annulus pre/post workover, multizone completions, and annulus communications for power fluid, e.g., jet pump installation. Sliding sleeves serve as a good alternative to plug and perf type of well completions.

Technavio’s analysts forecast the global sliding sleeves market to grow at a CAGR of 4.40% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global sliding sleeves market for 2017-2021. To calculate the market size, the report considers the new installations and exclude spares and aftermarket.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Sliding Sleeves market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Baker Hughes
  • Halliburton
  • National Oilwell Varco
  • NCS Multistage
  • Schlumberger
Other prominent vendors
  • American Completion Tools
  • Beijing Yilong Hengye Petroleum Engineering Technology
  • China Vigor Drilling Oil Tools And Equipment
  • Choice Completion Systems
  • D&L Oil Tools
  • Dynamic Oilfield Technology
  • Evolution Oil Tools
  • EXWELL OILFIELD
  • Gflow
  • Giant Oil Tools
  • Gryphon Oilfield Solutions
  • HILAND OILFIELD SERVICES
  • Lone Star Oilfield Services
  • MADDON Oilfield Services
  • Magnum Oil Tools
  • Map Oil Tools
  • Ovo Eguono Nigeria
  • Packers Plus Energy Services
  • Parveen Industries
  • Peak Completion Technologies
  • PetroInnovations
  • R & D Solutions
  • Resource Well Completion Technologies
  • SAPEX
  • SCHOELLER-BLECKMANN OILFIELD EQUIPMENT
  • Select Energy Systems
  • Shengli Highland Oilfield Services
  • STAGE COMPLETIONS
  • Team Oil Tools
  • Top Tools The Oilfield Partner
Market driver
  • Rise in unconventional oil and gas resources
  • For a full, detailed list, view our report
Market challenge
  • Volatility in crude oil prices
  • For a full, detailed list, view our report
Market trend
  • Big data analytics integration with upstream operations
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Sliding Sleeves market 2017-2021

Technavio recognizes the following companies as the key players in the global sliding sleeves market: Baker Hughes, Halliburton, National Oilwell Varco, NCS Multistage, and Schlumberger

Other Prominent Vendors in the market are: American Completion Tools, Beijing Yilong Hengye Petroleum Engineering Technology, China Vigor Drilling Oil Tools And Equipment, Choice Completion Systems, D&L Oil Tools, Dynamic Oilfield Technology, Evolution Oil Tools, EXWELL OILFIELD, Gflow, Giant Oil Tools, Gryphon Oilfield Solutions, HILAND OILFIELD SERVICES, Lone Star Oilfield Services, MADDON Oilfield Services, Magnum Oil Tools, Map Oil Tools, Ovo Eguono Nigeria, Packers Plus Energy Services, Parveen Industries, Peak Completion Technologies, PetroInnovations, R & D Solutions, Resource Well Completion Technologies, SAPEX, SCHOELLER-BLECKMANN OILFIELD EQUIPMENT, Select Energy Systems, Shengli Highland Oilfield Services, STAGE COMPLETIONS, Team Oil Tools, and Top Tools The Oilfield Partner.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Big data analytics integration with upstream operations. With the decreasing profit margins, owing to the increased production costs and low crude oil prices, the oil and gas industry is focused on managing operational costs to maintain incremental profit margins and cash flow. Artificial lift systems are a way to extend the useful life of a production well without incurring additional costs, but they introduce additional equipment risk and process volatility. Artificial lift optimization is a complex process that involves several resources and substantial operational expenses. Unplanned maintenance can also result in long outages that reduce cash flow.”

According to the report, one of the major drivers for this market is Rise in unconventional oil and gas resources. Unconventional oil and gas resources comprise shale gas, coal bed methane, gas hydrates, tight oil, oil sands, and others. These resources are difficult to exploit and costly to produce. Technological advances and operational efficiencies have driven cost reductions, thus spurring the exploitation of unconventional resources. The shale gas boom in the US saw the rise of unconventionally produced natural gas supplies. The huge discoveries of oil sands in Canada have shown the unlimited opportunities for oil exploration. As the energy focus shifts toward natural gas, unconventional resources such as coal bed methane (CBM) and underground coal gasification (UCG) have seen considerable growth.

Further, the report states that one of the major factors hindering the growth of this market is Volatility in crude oil prices. The timeline for crude oil price has witnessed several highs and lows in the recent past. The crude oil price cycle has not exhibited a consistent trend over the past few years. Recently, the crude oil prices crashed from over $100/bbl. in June 2014 to around $50/bbl. in December 2016. This showcases the volatile nature of the global crude oil market. The price of crude oil influences the price of a lot of products derived from it such as gasoline and lubricants, and unanticipated price fluctuations can change the course of the entire market within a short time span. The whole petroleum industry is impacted by the frequent fluctuations in crude oil prices.

Companies Mentioned

Baker Hughes, Halliburton, National Oilwell Varco, NCS Multistage, Schlumberger, American Completion Tools, Beijing Yilong Hengye Petroleum Engineering Technology, China Vigor Drilling Oil Tools And Equipment, Choice Completion Systems, D&L Oil Tools, Dynamic Oilfield Technology, Evolution Oil Tools, EXWELL OILFIELD, Gflow, Giant Oil Tools, Gryphon Oilfield Solutions, HILAND OILFIELD SERVICES, Lone Star Oilfield Services, MADDON Oilfield Services, Magnum Oil Tools, Map Oil Tools, Ovo Eguono Nigeria, Packers Plus Energy Services, Parveen Industries, Peak Completion Technologies, PetroInnovations, R & D Solutions, Resource Well Completion Technologies, SAPEX, SCHOELLER-BLECKMANN OILFIELD EQUIPMENT, Select Energy Systems, Shengli Highland Oilfield Services, STAGE COMPLETIONS, Team Oil Tools, and Top Tools The Oilfield Partner.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Oil and gas industry value chain
  • Market landscape
    • Market overview
      • Table Global sliding sleeves market overview
    • Market size and forecast
      • Table Global sliding sleeves market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global sliding sleeves market by application
      • Table Global sliding sleeves market by application 2016 and 2021 (%)
      • Table Global sliding sleeves market by application 2016-2021 ($ millions)
    • Onshore
      • Table Global onshore sliding sleeves market 2016-2021 ($ millions)
    • Offshore
      • Table Global offshore sliding sleeves market 2016-2021 ($ millions)
      • Table Crude oil production in the Gulf of Mexico, 2013-2016 (thousand bpd)
  • Geographical segmentation
    • Global sliding sleeves market by geography
      • Table Global sliding sleeves market by geography 2016 and 2021 (%)
      • Table Global sliding sleeves market by geography 2016-2021 ($ millions)
    • Americas
      • Table Sliding sleeves market in Americas 2016-2021 ($ millions)
      • Table Rig count in Americas 2015-2017
    • EMEA
      • Table Sliding sleeves market in EMEA 2016-2021 ($ millions)
    • APAC
      • Table Sliding sleeves market by APAC 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Tight oil production details, 2015 and 2040 (mbpd)
      • Table Natural gas production by type in the US and China, 2012 and 2040 (tcf)
      • Table Rig count 2016-2017
    • Market challenges
      • Table Global crude oil price 2007-2016 ($/bbl)
      • Table Global renewable investments 2000-2016 ($ billions)
  • Market trends
    • Big data analytics integration with upstream operations
    • Rising patent filings
      • Table Patent filing in global sliding sleeves market, 2008-2016
    • New-generation automated drilling rigs
  • Vendor landscape
    • Competitive Scenario
    • Other prominent vendors
      • Table Other prominent vendors (indicative list)
  • Key vendor analysis
    • Baker Hughes
      • Table Baker Hughes: Key products
    • Halliburton
      • Table Halliburton: Key products
    • National Oilwell Varco
      • Table National Oilwell Varco: Key products
    • NCS Multistage
      • Table NCS Multistage: Key products
    • Schlumberger
      • Table Schlumberger: Key products
  • Appendix
    • List of abbreviations
  • Explore Technavio

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