Visiongain Publishes Global Intelligent Completion Market 2019-2029 Report

  • Aug 21, 2019
  • PR Newswire

LONDON, Aug. 21, 2019 /PRNewswire/ -- Analysis by Application (Offshore and Onshore), by Component (Hardware and Software), by Type (Simple and Complex), by Function (Surface Control System, Downhole Monitoring & Control System and Communication System), Company and Country Analysis and Forecasts

• Intelligent completion is a technology, which employs permanent downhole sensors and surface-controlled downhole flow control valves, which enable evaluate, monitor and actively manage production (or injection) in real time without any well interventions.

• This technology facilitates surface-controlled production from each zone or lateral to optimize production and reservoir management, and also decreases production of undesirable gas or water.

• Intelligent completion technology was initially used in subsea wells. This technology has proven their value in managing production from horizontal wells with multiple zones, wells in heterogeneous reservoirs, mature reservoirs and multilateral wells.

• In December 2018, a global completion systems and service provider to oil and gas companies launched a new technology, FloFuse to enhance oil recovery.

• The objective of this technology is to increase oil recovery by improving injected water conformance in fractured reservoirs or by ensuring the effective placement of matrix stimulation acids.

https://www.visiongain.com/report/global-intelligent-completion-market-report-2019-2029/#download_sampe_div

Factors Influencing the Market Growth:

• Increase in demand for oil production globally

• Technological advancements associated with intelligent completion systems

• Improved focus to enhance oil production

Factors Restraining the Market Growth:

• High costs association with initial design, installation and, maintenance of intelligent completion systems

• Concerns regarding data processing and data-safety associated with intelligent completion systems

To find out more about this report please contact Sara Peerun at [email protected] or refer to our website: https://www.visiongain.com/report/global-intelligent-completion-market-report-2019-2029/

Application

• Offshore Market, 2019-2029

• Onshore Market, 2019-2029

Component

• Hardware Market, 2019-2029

• Software Market, 2019-2029

Type

• Simple Systems Market, 2019-2029

• Complex Systems Market, 2019-2029

Function

• Surface Control System Market, 2019-2029

• Downhole Monitoring & Control System Market, 2019-2029

• Communication System Market, 2019-2029

Geographic breakdown

Focused regional forecasts and analysis explore the future opportunities:

• North America Market, 2019-2029

• Europe Market, 2019-2029

• Asia-Pacific Market, 2019-2029

• LAMEA Market, 2019-2029

Competitive Analysis:

• Companies are actively engaged in different developmental strategies in order to improve and increase their foothold in the global intelligent completion market.

• There have been a considerable number of product launches, product developments, mergers, and acquisitions recently in the global intelligent completion industry.

Did you know that we also offer a report add-on service? Email [email protected] to discuss any customized research needs you may have.

Benchmarking

BP

CNPC

Eni

ExxonMobil

Hess Corporation

Kuwait Petroleum Corporation

Lukoil

Marathon Oil

Royal Dutch Shell

RPC Inc

Salym Petroleum

Saudi Aramco

Sinopec

Superior Energy Services

Total Fina Elf S.A

WellDynamics Inc

Welltec International

Woodside Energy

To discuss this report please e-mail Sara Peerun on [email protected]