Key players of the industry like Weatherford International Ltd., Baker Hughes Incorporated, Schlumberger Ltd. and GE Oil & Gas are profiled.
Dallas, Texas (PRWEB) December 22, 2013
The report titled "Global Artificial Lift Market: Trends & Opportunities (2013-2018)" provides an in-depth analysis of the global artificial lift market with detailed analysis of various categories like ESP, Rod lift, Gas lift, PCP, Plunger lift and Hydraulic lift. It also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall artificial lift industry has also been forecasted for the period 2013-18, taking into consideration the previous growth patterns, the growth drivers and the current and future trends. Further, key players of the industry like Weatherford International Ltd., Baker Hughes Incorporated, Schlumberger Ltd. and GE Oil & Gas are profiled. Complete report is available at http://www.marketreportsonline.com/295932.html .
Electrical Submersible Pumping Systems (ESPs)
Beam Pumping/Sucker Rod Pumps (Rod Lift)
Progressing Cavity Pumping (PCP) Lift
Demand for energy has been increasing in all parts of the world and in order to meet the ends, conventional method of recovery should be modified in order to optimize production from existing reserves. At present mature fields which have been in operation for more than 20 years account for 70% of global crude oil production. Most of these fields experience reservoir pressure deficiency, which is an important production parameter. This situation demands application of external solution in order to address this problem. Artificial lift with its ability to create pressure in the well bore against the formation pressure allows well fluids to flow to the surface. The artificial lift market is segmented as ESP, Rod Lift, PCP, Gas Lift, and other types of lifts. Each category of lift support different purpose and are suited for different reservoir conditions. Order a copy of this report at http://www.marketreportsonline.com/contacts/purchase.php?name=295932 .
Increase in demand for oil and gas, production of oil and gas from mature fields and increase in production of unconventional oil like shale are some of the factors driving growth of global artificial lifts market. However, factors such as difficulty in extraction of oil and gas from mature fields, environmental concerns and consolidations in consumer industries are hindering growth of the market. Some of the dominant trends visible in the industry are increasing number of mergers and acquisitions, combining systems/use of hybrid lifts, rise in number of horizontal wells and increasing production optimization using artificial lift.
Few Points from List of Charts of Table of Contents (http://www.marketreportsonline.com/295932-toc.html) are listed below:
Figure 1: Types of Artificial Lift System
Table 1: Properties of Types of Artificial Lift Systems
Table 2: Comparison of Various Artificial Lift Equipments
Figure 2: Global Artificial Lift Market Size by Revenue and Sales, 2007-12 (US$ Billions)
Figure 3: Global Artificial Lift Market Size by Revenue and Sales Forecast, 2013E-18E (US$ Billions)
Figure 4: Global Artificial Lift Market Share by Competitors (2012)
Figure 5: Global Artificial Lift Market Share by Region (2012)
Figure 6: Global Artificial Lift Market Share by Lift Type (2012)
Table 3: Electric Submersible Pump Characteristics and Limitations
Figure 7: Global ESP Lift Market Size by Value, 2007-12E (US$ Billions)
Figure 8: Market Share of Electric Submersible Pump by Competitors, 2011
Table 4: Rod Lift Characteristics and Limitations
Figure 9: Global Rod Lift Market Size by Value, 2007-12E (US$ Billions)
Figure 10: Market Share of Rod Lift by Competitor's Sale (in percentage), 2011
Table 5: PCP Characteristics and Limitations
Figure 11: Global Progressing Cavity Pumping (PCP) Lift Market Size by Value, 2007-12E (US$ Millions)
Figure 12: Market Share of PCP by Competitor's Sale (in percentage), 2011
Table 6: Gas Lift Characteristics and Limitations
Figure 13: Global Gas Lift Market Size by Value, 2007-11 (US$ Millions)
Figure 14: Market Share of Gas Lift by Competitor's Sale (in percentage), 2011
Table 7: Plunger Lift Characteristics and Limitations
Figure 15: Global Plunger Lift Market Size by Value, 2007-11 (US$ Millions)
Figure 16: Market Share of Plunger Lift by Competitor's Sale (in percentage), 2011
Table 8: Hydraulic Lift Characteristics and Limitations
Figure 17: Global Hydraulic Lift Market Size by Value, 2007-12E (US$ Millions)
Figure 18: Market Share of Hydraulic Lift by Competitor's Sale (in percentage), 2011
Figure 19: Global Oil Demand, 2004-2013E (Million Barrels Per Day)
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