Well Testing Services Market Analysis North America, APAC, Europe, Middle East and Africa, South America - US, Canada, China, Russia, UK - Size and Forecast 2024-2028

Published: Mar 2024

Pages: 174

SKU: IRTNTR43970

Snapshot

Well Testing Services Market Forecast 2024-2028

The well testing services market size is forecast to increase by USD 2.69 billion, at a CAGR of 6.69% between 2023 and 2028. The report includes historic market data from 2018 - 2022. The market is witnessing a growing demand for the growing adoption of IoT by the oil and gas industry, the rise in unconventional oil and gas resources, and the growing consolidation in the oil and gas industry.

Market Overview :

Onshore is fastest fastest-growing segment during the forecast year
The onshore was the largest segment and was valued at 3.69 billion in 2018
North America is is most dominating region during the forecast period
It also includes an in-depth analysis of the rise in deepwater and ultra-deepwater E&P projects, the growing adoption of IoT by oil and gas industry, and the growing demand for renewable energy sources.

For More Highlights About this Report, Download Free Sample in a Minute

Key Trends

The growing adoption of IoT by the oil and gas industry is an emerging trend in the market. Advances in technology have resulted in the rise in the adoption of the Internet of Things (IoT) in the upstream oil and gas sector. Therefore, IoT has been widely adopted for automation, processing, and evaluation of well performance. Furthermore, there are many areas of oil and gas activities where IoT is very useful.

For instance, in wells, sensors are deployed in the bottom hole, which provides real-time monitoring access from a remote location. In addition, the integration of technology with E&P activities provides quantitative and effective solutions in the upstream sector. Therefore, such integration provides accurate data in real-time, which reduces the risk involved and enables maximum recovery of the hydrocarbons from the reserves. Hence, such factors are driving the market growth during the forecast period.

Market Largest-Growing Segments

Onshore

The onshore segment is estimated to witness significant growth during the forecast period. The onshore segment comprises the exploration and extraction of gas from reservoirs located on land. In addition, these projects are typically more accessible and cost-effective than offshore ventures. Furthermore, the demand for the onshore segment is increasing because onshore reserves are more abundant and can be exploited with relatively lower operational complexities.

Get a glance at the market contribution of various segments Download PDF Sample

The onshore segment was the largest segment and was valued at USD 3.69 billion in 2018. Moreover, the onshore segment of the global well-testing services market is driven by the rising demand for energy and the subsequent increase in demand for petrol and gas to fulfill the energy demand. In addition, according to the IEA, global energy demand is expected to grow by 30% between 2017 and 2040. Furthermore, natural gas use is expected to increase by 45% between 2017 and 2040. In addition, the demand for petroleum and gas is high from the industrial sectors in fast-paced emerging economies like India and China. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.

Market Regional Analysis

For more insights on the market share of various regions Download PDF Sample now!

North America is estimated to contribute 29% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Several countries across the region, such as the US and Canada, have been investing in deepwater and ultra-deepwater exploration after the recovery of crude oil prices after 2016-17. In addition, the well-testing services market in the US is growing steadily, with a large number of deepwater and ultra-deepwater petroleum and gas fields along the Gulf of Mexico being identified as potential reserves. For instance, in December 2023, the US oil and gas company announced its plan to proceed with the Willow project in Alaska. Moreover, the Willow project is anticipated to yield about 600 million barrels of oil during its lifetime. Government support is also propelling offshore projects in the country. Furthermore, the US government has also loosened offshore drilling regulations that were enforced after the Deepwater Horizon oil spill in 2010. In addition, the US government is also planning to allow oil and gas drilling in almost all its offshore areas along the Atlantic, Arctic, and Pacific coasts. Hence, such factors are driving the market growth in North America during the forecast period.

Market Dynamics

Key Driver

The rise in deepwater and ultra-deepwater E&P projects is notably driving the market growth. Companies operating in the oil and gas upstream sectors have a long history of extracting oil and natural gas from onshore wells. In parallel, offshore wells have emerged as significant sources for oil and gas exploration and production (E&P) activities. Within offshore E&P, the industry is witnessing a strategic shift from shallow waters to deepwater and ultra-deepwater resources, driven by the vast untapped reserves present in these areas. However, the production of oil in the subsea environment poses higher costs compared to conventional offshore settings.

Conducting data acquisition and drilling in offshore locations introduces additional challenges, particularly due to the harsh environment characterized by extreme weather conditions, corrosive saltwater exposure, and intricate logistics. Offshore operations demand specialized equipment and technology, leading to elevated costs and technical complexity. Moreover, drilling in deep-sea environments involves handling greater depths and pressures, necessitating sophisticated techniques. The depletion of easily accessible oil resources, such as onshore wells, has raised the cost of hydrocarbon acquisition, prompting exploration and production (E&P) companies to focus on less explored areas. This shift has resulted in a notable increase in offshore drilling projects, supported by the economic feasibility driven by rising crude oil prices. Hence, such factors are expected to drive market growth during the forecast period.

Significant Challenge

Growing demand for renewable energy sources is a major challenge hindering the market growth. The use of renewable energy sources has increased across the world, due to the rise in clean energy initiatives and subsidies for power generation from sustainable sources. For instance, according to the European Environment Agency (EEA) early estimates, 22.5% of energy consumed in the EU in 2022 was generated from renewable sources. In addition, in the US, renewable energy generated 21% of utility-scale electricity output and 8.4% of total primary energy production in 2022, according to the EIA.

Moreover, renewable energy sources include wind, geothermal, solar, biomass, and waste. In addition, the demand for harnessing renewable energy sources such as solar, wind, and hydropower has increased significantly. Furthermore, according to the Global Wind Energy Council (GWEC), the EU is working toward achieving the target of using renewable energy sources to generate 35% of the total power generated by 2030. Hence, such factors are hindering the market growth during the forecast period.

Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Customer Landscape

Major Market Companies

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Baker Hughes Co: The company offers well testing services such as Automated foam cement systems, Casing and tubing running services, Catenary CT services, and Aperio electro magnetic defectoscope.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides a market growth analysis of the latest trends and growth opportunities from 2018 to 2028.

Application Outlook
- Onshore
- Offshore
Type Outlook
- Horizontal wells
- Vertical wells
Region Outlook
- North America
  - The U.S.
  - Canada
- Europe
  - The U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- South America
  - Chile
  - Argentina
  - Brazil
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa

Market Analyst Overview

The well testing services market stands at the forefront of energy exploration, addressing the evolving landscape of oil and gas resources. Amidst increasing demand for unconventional resources like shale gas, tight gas, and coalbed methane (CBM), the industry plays a crucial role in evaluating reserves and facilitating production.In the context of a dynamic market, the International Energy Agency (IEA) and its World Energy Outlook underscore the importance of unconventional resources alongside conventional reservoirs. Exploration activities, oilfield discoveries, and the crucial aspects of plug and abandonment span both onshore and offshore regions, influencing the market's trajectory. Against the backdrop of geopolitical considerations and the evolving landscape of onshore drilling, the market remains a crucial player in meeting global oil demand efficiently. As the industry adapts to renewable energy sources like solar energy, biomass energy, hydroelectric power, and geothermal power, well-testing services contribute significantly to sustainable energy solutions and the continued exploration of unconventional oil and gas resources.

As the industry grapples with pressure drops, fluid velocities, and the complexities of onshore and offshore drilling, well-testing services become indispensable in determining wellbore characteristics. The market also responds to the supply-demand gap and geopolitical considerations, navigating challenges posed by worldwide oil production and discoveries. In this context, well-testing services contribute significantly to understanding remedial work requirements and ensuring the efficient extraction of hydrocarbon resources. Against the backdrop of liberalization in the industry and a global shift towards renewable energy, the market remains pivotal in optimizing oil and gas extraction processes, fostering sustainable energy solutions, and meeting the world's energy needs.

The global market stands at the forefront of addressing the dynamic landscape of oil and gas resources. With increasing demand for unconventional resources such as shale oil, tight oil, and natural gas hydrates, the industry plays a pivotal role in evaluating reserves and facilitating production. Balancing conventional oil and gas resources with proven reserves, the market addresses the challenges posed by renewable energy resources and the imperative to reduce greenhouse gases. From the offshore segment to wellbore length considerations and drilling activities, well testing services are integral in determining reservoir characteristics and optimizing extraction processes.

Market Scope
Report Coverage	Details
Page number	174
Base year	2023
Historic period	2018-2022
Forecast period	2024-2028
Growth momentum & CAGR	Accelerate at a CAGR of 6.69%
Market Growth 2024-2028	USD 2.69 billion
Market structure	Fragmented
YoY growth 2023-2024(%)	6.09
Regional analysis	North America, APAC, Europe, Middle East and Africa, and South America
Performing market contribution	North America at 29%
Key countries	US, Canada, China, Russia, and UK
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	Baker Hughes Co., China Oilfield Services Ltd., EXALO Drilling SA, Expro Group Holdings NV, Gulf Energy SAOC, Halliburton Co., MB Petroleum Services LLC, Minerals Technologies Inc., National Energy Services Reunited Corp., Oil States International Inc., OiLSERV, Rays Well Testing Service Inc, Schlumberger Ltd., SGS SA, Stuart Wells Ltd., TechnipFMC plc, TETRA Technologies Inc., Weatherford International Plc, Well Services Group, and WellMax Oilfield Technologies Pvt. Ltd.
Market dynamics	Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Download PDF Sample

What are the Key Data Covered in this Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the market between 2023 and 2028
Precise estimation of the market size and its contribution to the market in focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the market across North America, APAC, Europe, Middle East and Africa, and South America
Thorough market growth and forecasting analysis of the market’s competitive landscape and detailed information about companies
Comprehensive market research and growth analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements.

Get in touch

Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global well testing services market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global well testing services market 2018 - 2022 ($ billion)

4.2 Application Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ billion)

4.3 Type Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ billion)

4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)

4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
- Exhibit 30: Chart on Application - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Application - Market share 2023-2028 (%)

6.2 Comparison by Application
- Exhibit 32: Chart on Comparison by Application
- Exhibit 33: Data Table on Comparison by Application

6.3 Onshore - Market size and forecast 2023-2028
- Exhibit 34: Chart on Onshore - Market size and forecast 2023-2028 ($ billion)
- Exhibit 35: Data Table on Onshore - Market size and forecast 2023-2028 ($ billion)
- Exhibit 36: Chart on Onshore - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Onshore - Year-over-year growth 2023-2028 (%)

6.4 Offshore - Market size and forecast 2023-2028
- Exhibit 38: Chart on Offshore - Market size and forecast 2023-2028 ($ billion)
- Exhibit 39: Data Table on Offshore - Market size and forecast 2023-2028 ($ billion)
- Exhibit 40: Chart on Offshore - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Offshore - Year-over-year growth 2023-2028 (%)

6.5 Market opportunity by Application
- Exhibit 42: Market opportunity by Application ($ billion)
- Exhibit 43: Data Table on Market opportunity by Application ($ billion)

7 Market Segmentation by Type

7.1 Market segments
- Exhibit 44: Chart on Type - Market share 2023-2028 (%)
- Exhibit 45: Data Table on Type - Market share 2023-2028 (%)

7.2 Comparison by Type
- Exhibit 46: Chart on Comparison by Type
- Exhibit 47: Data Table on Comparison by Type

7.3 Horizontal wells - Market size and forecast 2023-2028
- Exhibit 48: Chart on Horizontal wells - Market size and forecast 2023-2028 ($ billion)
- Exhibit 49: Data Table on Horizontal wells - Market size and forecast 2023-2028 ($ billion)
- Exhibit 50: Chart on Horizontal wells - Year-over-year growth 2023-2028 (%)
- Exhibit 51: Data Table on Horizontal wells - Year-over-year growth 2023-2028 (%)

7.4 Vertical wells - Market size and forecast 2023-2028
- Exhibit 52: Chart on Vertical wells - Market size and forecast 2023-2028 ($ billion)
- Exhibit 53: Data Table on Vertical wells - Market size and forecast 2023-2028 ($ billion)
- Exhibit 54: Chart on Vertical wells - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Vertical wells - Year-over-year growth 2023-2028 (%)

7.5 Market opportunity by Type
- Exhibit 56: Market opportunity by Type ($ billion)
- Exhibit 57: Data Table on Market opportunity by Type ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 59: Chart on Market share by geography 2023-2028 (%)
- Exhibit 60: Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Exhibit 61: Chart on Geographic comparison
- Exhibit 62: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2023-2028
- Exhibit 63: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 64: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 65: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 66: Data Table on North America - Year-over-year growth 2023-2028 (%)

9.4 APAC - Market size and forecast 2023-2028
- Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)

9.5 Europe - Market size and forecast 2023-2028
- Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.6 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

9.7 South America - Market size and forecast 2023-2028
- Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)

9.8 US - Market size and forecast 2023-2028
- Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)

9.9 China - Market size and forecast 2023-2028
- Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)

9.10 Russia - Market size and forecast 2023-2028
- Exhibit 91: Chart on Russia - Market size and forecast 2023-2028 ($ billion)
- Exhibit 92: Data Table on Russia - Market size and forecast 2023-2028 ($ billion)
- Exhibit 93: Chart on Russia - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on Russia - Year-over-year growth 2023-2028 (%)

9.11 Canada - Market size and forecast 2023-2028
- Exhibit 95: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
- Exhibit 96: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
- Exhibit 97: Chart on Canada - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on Canada - Year-over-year growth 2023-2028 (%)

9.12 UK - Market size and forecast 2023-2028
- Exhibit 99: Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Exhibit 100: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Exhibit 101: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on UK - Year-over-year growth 2023-2028 (%)

9.13 Market opportunity by geography
- Exhibit 103: Market opportunity by geography ($ billion)
- Exhibit 104: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 105: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption

11.4 Industry risks
- Exhibit 108: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 109: Vendors covered

12.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification

12.3 Baker Hughes Co.
- Exhibit 111: Baker Hughes Co. - Overview
- Exhibit 112: Baker Hughes Co. - Business segments
- Exhibit 113: Baker Hughes Co. - Key news
- Exhibit 114: Baker Hughes Co. - Key offerings
- Exhibit 115: Baker Hughes Co. - Segment focus

12.4 Expro Group Holdings NV
- Exhibit 116: Expro Group Holdings NV - Overview
- Exhibit 117: Expro Group Holdings NV - Business segments
- Exhibit 118: Expro Group Holdings NV - Key offerings
- Exhibit 119: Expro Group Holdings NV - Segment focus

12.5 Gulf Energy SAOC
- Exhibit 120: Gulf Energy SAOC - Overview
- Exhibit 121: Gulf Energy SAOC - Key offerings

12.6 Halliburton Co.
- Exhibit 122: Halliburton Co. - Overview
- Exhibit 123: Halliburton Co. - Business segments
- Exhibit 124: Halliburton Co. - Key news
- Exhibit 125: Halliburton Co. - Key offerings
- Exhibit 126: Halliburton Co. - Segment focus

12.7 MB Petroleum Services LLC
- Exhibit 127: MB Petroleum Services LLC - Overview
- Exhibit 128: MB Petroleum Services LLC - Product / Service
- Exhibit 129: MB Petroleum Services LLC - Key offerings

12.8 Minerals Technologies Inc.
- Exhibit 130: Minerals Technologies Inc. - Overview
- Exhibit 131: Minerals Technologies Inc. - Business segments
- Exhibit 132: Minerals Technologies Inc. - Key offerings
- Exhibit 133: Minerals Technologies Inc. - Segment focus

12.9 National Energy Services Reunited Corp.
- Exhibit 134: National Energy Services Reunited Corp. - Overview
- Exhibit 135: National Energy Services Reunited Corp. - Product / Service
- Exhibit 136: National Energy Services Reunited Corp. - Key offerings

12.10 Oil States International Inc.
- Exhibit 137: Oil States International Inc. - Overview
- Exhibit 138: Oil States International Inc. - Business segments
- Exhibit 139: Oil States International Inc. - Key news
- Exhibit 140: Oil States International Inc. - Key offerings
- Exhibit 141: Oil States International Inc. - Segment focus

12.11 OiLSERV
- Exhibit 142: OiLSERV - Overview
- Exhibit 143: OiLSERV - Product / Service
- Exhibit 144: OiLSERV - Key offerings

12.12 Schlumberger Ltd.
- Exhibit 145: Schlumberger Ltd. - Overview
- Exhibit 146: Schlumberger Ltd. - Business segments
- Exhibit 147: Schlumberger Ltd. - Key news
- Exhibit 148: Schlumberger Ltd. - Key offerings
- Exhibit 149: Schlumberger Ltd. - Segment focus

12.13 SGS SA
- Exhibit 150: SGS SA - Overview
- Exhibit 151: SGS SA - Business segments
- Exhibit 152: SGS SA - Key offerings
- Exhibit 153: SGS SA - Segment focus

12.14 TechnipFMC plc
- Exhibit 154: TechnipFMC plc - Overview
- Exhibit 155: TechnipFMC plc - Business segments
- Exhibit 156: TechnipFMC plc - Key news
- Exhibit 157: TechnipFMC plc - Key offerings
- Exhibit 158: TechnipFMC plc - Segment focus

12.15 TETRA Technologies Inc.
- Exhibit 159: TETRA Technologies Inc. - Overview
- Exhibit 160: TETRA Technologies Inc. - Business segments
- Exhibit 161: TETRA Technologies Inc. - Key offerings
- Exhibit 162: TETRA Technologies Inc. - Segment focus

12.16 Weatherford International Plc
- Exhibit 163: Weatherford International Plc - Overview
- Exhibit 164: Weatherford International Plc - Business segments
- Exhibit 165: Weatherford International Plc - Key news
- Exhibit 166: Weatherford International Plc - Key offerings
- Exhibit 167: Weatherford International Plc - Segment focus

12.17 WellMax Oilfield Technologies Pvt. Ltd.
- Exhibit 168: WellMax Oilfield Technologies Pvt. Ltd. - Overview
- Exhibit 169: WellMax Oilfield Technologies Pvt. Ltd. - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 170: Inclusions checklist
- Exhibit 171: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 172: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 173: Research methodology
- Exhibit 174: Validation techniques employed for market sizing
- Exhibit 175: Information sources

13.5 List of abbreviations
- Exhibit 176: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

Purchase Report

PURCHASE FULL REPORT OF

well testing services market market

Buy Report - Single User License 2500 USD

QUICK BUY

Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

Why should you prefer Technavio's market insights report?

Off-the-shelf research reports
Reports can be tailored to meet the customer's needs
Trusted by more than 100 fortune 500 organizations
Information about the market's key drivers, trends, and challenges
Parent market analysis
Every week, 50,000 people visit our subscription platform
Detailed vendors report with competitive landscape
Covid-19 impact and recovery analysis
Data on revenue-generating market segments
Details on the market shares of various regions
Five-force market analysis