Well Intervention Market | Trends,Size, Growth, Share, COVID-19 Impact ...
Well Intervention refers to any operation that is carried out during the productive life of an oil and
gas well. Depletion in oil reserves backed by increasing demand for energy is leading to improved
production activities to extend the life of the well. Reduction in well pressure, sand production, flow
restriction of oil, mechanical failure, change in reservoir condition, scaling and numerous other oil,
and gas field issues results in the need to perform well intervention operations, which in turn is
driving growth of the well intervention market.
The major players in W ell
are Schlumberger Limited, Baker Hughes
Incorporate, Weatherford International Ltd., Trican Well Service Ltd., Superior Energy Services
Inc., Halliburton Company, National Oilwell Varco Inc., and Precision Drilling Corporation.
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