Monday 11 March 2019

Sand Control Systems Market 2019: Global Size, Industry Growth, Emerging Trends and Comprehensive Research Study Till 2023 | MRFR


Sand control systems is one of the major parts in oil & gas production system. It helps eliminate the sand production in the wellbore. The system plays a major role in the completion process and it recovers the performance and the productivity of the well. Nowadays, most of the world’s oil and gas wells produced from unconsolidated sandstones produce sand with reservoir fluids. Problems associated with sand production include plugging of perforation tunnels, accumulation in surface separators, sanding up of the production interval, and potential failure of downhole and surface equipment from erosion. Such problems can pose economic and safety risks.


Prominent Players
Schlumberger Limited (France), Halliburton Inc. (U.S.), Baker Hughes Incorporated (U.S.), Weatherford International (Switzerland), and National Oilwell Varco (U.S.). Oil States International (U.S.), Tendeka (U.K), Welltec (Denmark), Packers Plus Energy Services Inc. (Canada), and Superior Energy Services, Inc. (U.S.)

Segmental Analysis
The global sand control systems market has been segmented based on technique, well type, application, and region.
On the basis of well type, the market has been segmented onshore and offshore. Onshore dominates the well type segment of the market. Existence of huge onshore oil & gas wells is the major factor for the largest market share of the onshore segment in the sand control systems market.
On the basis of technique, the market has been segmented into Gravel Pack, Frac Pack, Sand Screens, Inflow Control Devices and others. The gravel pack dominated the technique segment of the market due to the increased drilling of the oil and gas field in the onshore regions.
Offshore segment is projected to be the fastest growing segment during the forecast period, mainly due to rising deep & ultra-deep-water drilling activities, across the globe.


Industry News
In July 2017, National Oilwell Varco has launched the Bullmastiff Original (MO), an open hole, ball drop activated multistage frac system, which includes proppant and formation debris control. Preventing proppant flow back is achieved with the use of sand control systems that are exposed to post-frac to begin production. By using a mechanical method of sand control, the Bullmastiff MO increases well economics over the lifetime of the well by reducing surface facility requirements and providing production efficiencies.
In March 2015, Halliburton’s Completion Tools business line launched the EquiFlow OptiSteam flow control device (FCD) for steam-assisted gravity drainage (SAGD) injectors. This advanced flow control technology helps operators maximize production efficiency and improve steam-oil ratio by balancing steam injection throughout the length of a completion.

Regional Outlook
On the basis of region, the market has been segmented into North America, Europe, Asia Pacific, and Rest of the World.
Asia Pacific region dominates the global sand control systems market in 2017. Increasing population and rapid industrial development are leading to increase in energy demands, which push oil and gas exploration activities. Oil and gas exploration activities are well underway in countries such as Malaysia, Australia, Indonesia, and Myanmar. This drives the sand control systems market.
Middle East & Africa is another prominent region for the sand control systems. Nigeria, Saudi Arabia and UAE, are the biggest oil and gas exporters. Growing investments in the region by various companies such as Saudi Aramco, a national petroleum & natural gas firm in Saudi Arabia, are driving the market.

View More Info @ https://bit.ly/2UrGiy1

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:
Market Research Future
+1 646 845 9312

No comments:

Post a Comment

Oilfield Equipment Rental Services Market Analysis 2020 Global Trends, Share, Emerging Trends and Industry Outlook 2023

Oilfield Equipment Rental Services Market Overview Oilfield equipment is a device used for extracting oil and gas from the reservoir. In o...