North America Well Intervention Market is Expected to Reach $4,106.9 Million by 2019, at a CAGR of 3.1% From 2014 to 2019

FORT WORTH, Texas, May 13, 2015 /PRNewswire/ --

The North America well intervention market was valued at $3,523.1 million in 2014, and is expected to reach $4,106.9 million by 2019, at a CAGR of 3.1% from 2014 to 2019.

Browse through the TOC of North America Well Intervention Market for an analysis of industry trends and segments, with the help of various tables and figures.

http://www.micromarketmonitor.com/market/north-america-well-intervention-8668237249.html

Early buyers will receive 10% customization on this report.  

The growth of the North America well intervention market is attributed to the revitalization of ageing brown field wells. Global decline in oil & gas production, increased water cut with constrained topside facilities, increasing flow assurance challenges, growing operating costs, and integrity challenges due to ageing facilities are all factors that lead to a mature field or brown field, becoming operationally and economically unviable with time. For these reasons, it is not uncommon for operators to leave behind 60% or more of original oil in place.

Speak to Analyst @http://www.micromarketmonitor.com/contact/8668237249-speak_to_analyst.html

This global decline of matured fields' oil reserves have been into focus during the recent years, which is drawing companies' attention on technological advancements in inventing tools and techniques required to access residual reserves on conventional acreages.  In 2014, 64% of the North America Well Intervention market was contributed by U.S.

The prominent end users considered in this report include offshore and onshore applications. The market has been analyzed in terms of the major countries in the North American region such as U.S., and Canada.

Related Reports: 

The European Well Intervention Market was valued at $2.5 billion in the year 2013 and is projected to reach $3.5 billion by the end of the year 2018 at a CAGR of 7.0%.

European Well Intervention market constitutes 24.3% of Global Well Intervention market and is poised to grow its market share to 19.4% by the end of year 2018.

http://www.micromarketmonitor.com/market/europe-well-intervention-1286193143.html

Report Subscription: 

MicroMarket Monitor produces exclusive market research reports, based on real-time data to provide better understanding of the dynamic market conditions of the Oil & Gas industry. The reports offer in-depth and complete analysis of the regional and country level marketplaces. The research reports for Oil & Gas industry are updated on quarterly basis and are easily available for purchase through annual subscriptions.   

http://www.micromarketmonitor.com/offerings/subscription

About MicroMarket Monitor: 

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

Contact: 
Mr. Chandrasekhar K. 
5601 Bridge Street 
Suite 300 
Fort Worth, TX 76112 
Tel: +1-888-502-0539 
Email: [email protected]

SOURCE MicroMarket Monitor

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED