Workover

Global Hydraulic Workover Unit Market to 2027 - Featuring Archer, Basic Energy Services and Halliburton Among Others - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 13, 2021

The "Hydraulic Workover Unit - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Hydraulic Workover Unit - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
  • According to this report, the Global Hydraulic Workover Unit market accounted for $9.99 billion in 2019 and is expected to reach $15.80 billion by 2027 growing at a CAGR of 5.9% during the forecast period.
  • Hydraulic workover unit is used as a substitute to workover rigs & conventional drilling.
  • Based on the services, the workover segment is going to have lucrative growth during the forecast period due to the highest growing segment in the hydraulic workover unit market.

Genel Energy PLC: Trading and operations update

Retrieved on: 
Tuesday, November 3, 2020

By the end of October 2020, two billion cubic feet of gas that otherwise would have been flared had been injected into Tawke, already delivering a positive production response at the field, and at the same time reducing field water production

Key Points: 
  • By the end of October 2020, two billion cubic feet of gas that otherwise would have been flared had been injected into Tawke, already delivering a positive production response at the field, and at the same time reducing field water production
    Taq Taq gross field production averaged 8,580 bopd in Q3, following the suspension of drilling activity in H1 2020
    As previously stated, activity at Taq Taq is focused on optimising cash flow.
  • Appropriate for the external environment, it is not expected that there will be any further drilling activity in 2020
    Despite the challenges of COVID-19, first oil is on track for Q4 2020
    Production will initially be from the Sarta-2 and Sarta-3 wells, and the workover of the former is now underway.
  • It is expected that a stable production level will be reached in Q1 2021
    Preparations for the 2021 appraisal drilling campaign, which is targeting a material portion of the 250 MMbbls of contingent resources in the Jurassic, are ongoing
    This appraisal campaign will begin with the Sarta-6 well in H1 2021, followed by the Sarta-5 well and Sarta-1D re-entry.
  • Well pad and road access civil works are well underway at both the Sarta-6 and Sarta-5 locations, and minor remedial civil works are also about to commence at the existing Sarta-1D site.

Hydraulic Workover Unit Market Worth $11.0 Billion by 2025 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, October 22, 2020

The hydraulic workover unit activities are fundamental requirements while well completion, production, and well abandonment, which creates opportunities for growth of the market.

Key Points: 
  • The hydraulic workover unit activities are fundamental requirements while well completion, production, and well abandonment, which creates opportunities for growth of the market.
  • The above 150 tonnes segment is expected to dominate the Hydraulic Workover Unit Market, by capacity, during the forecast period.
  • View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/hydraulic-workover-unit...
    The onshore segment is expected to be the fastest-growing Hydraulic Workover Unit Market, by application, during the forecast period.
  • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Hydraulic Workover Unit Market.

Hydraulic Workover Unit Market Worth $11.0 Billion by 2025 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, October 22, 2020

The hydraulic workover unit activities are fundamental requirements while well completion, production, and well abandonment, which creates opportunities for growth of the market.

Key Points: 
  • The hydraulic workover unit activities are fundamental requirements while well completion, production, and well abandonment, which creates opportunities for growth of the market.
  • The above 150 tonnes segment is expected to dominate the Hydraulic Workover Unit Market, by capacity, during the forecast period.
  • View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/hydraulic-workover-unit...
    The onshore segment is expected to be the fastest-growing Hydraulic Workover Unit Market, by application, during the forecast period.
  • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Hydraulic Workover Unit Market.

Workover Rigs Market-Roadmap for Recovery from COVID-19 | Growing Demand For Oil And Natural Gas to boost the Market Growth | Technavio

Retrieved on: 
Thursday, September 17, 2020

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Key Points: 
  • The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
  • View the full release here: https://www.businesswire.com/news/home/20200916005714/en/
    Technavio has announced its latest market research report titled Global Workover Rigs Market 2020-2024.
  • While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities.
  • The growing demand for oil and natural gas is one of the major factors driving the market.

Insights & Forecast With Potential Impact of COVID-19 - Workover Rigs Market 2020-2024 | Growing Demand for Oil and Natural Gas to Boost Growth | Technavio

Retrieved on: 
Thursday, July 16, 2020

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44023

Key Points: 
  • To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44023
    Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources.
  • Our workover rigs market report covers the following areas:
    This study identifies the use of laser technology in workover operations as one of the prime reasons driving the workover rigs market growth during the next few years.
  • Backed with competitive intelligence and benchmarking, our research reports on the workover rigs market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.

Insights & Forecast with Potential Impact of COVID-19 - Workover Rigs Market 2020-2024 | Growing Demand For Oil And Natural Gas to Boost Growth | Technavio

Retrieved on: 
Thursday, June 25, 2020

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44023

Key Points: 
  • To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44023
    Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources.
  • Our workover rigs market report covers the following areas:
    This study identifies the use of laser technology in workover operations as one of the prime reasons driving the workover rigs market growth during the next few years.
  • Backed with competitive intelligence and benchmarking, our research reports on the workover rigs market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.

Genel Energy PLC: Trading and operations update

Retrieved on: 
Thursday, May 14, 2020

Production at the Tawke PSC averaged 115,200 bopd in the first quarter of 2020, with the Tawke field producing 61,490 bopd, and Peshkabir 53,710 bopd

Key Points: 
  • Production at the Tawke PSC averaged 115,200 bopd in the first quarter of 2020, with the Tawke field producing 61,490 bopd, and Peshkabir 53,710 bopd
    Five development wells have been completed on the licence.
  • Three drilling rigs were released as the 2020 activity plan was amended to reflect the external environment, while a workover rig continues to service production wells
    The latest well on the northern flank of the field, TT-35, spud on 6 January, and completed in April.
  • The well is currently adding c.600 bopd to production.
  • This completed the planned drilling programme with the Sakson-605 rig, which has now been released
    Activity at Taq Taq is focused on maximising cash generation.

Pre & Post COVID-19 Market Estimates-Hydraulic Workover Units Market 2019-2023 | Increased Workover Operations to Boost Growth | Technavio

Retrieved on: 
Saturday, April 18, 2020

Our hydraulic workover units market report covers the following areas:

Key Points: 
  • Our hydraulic workover units market report covers the following areas:
    This study identifies growing use of laser technology in workover operations as one of the prime reasons driving the hydraulic workover units market growth during the next few years.
  • Hydraulic Workover Units Market 2019-2023: Vendor Analysis
    We provide a detailed analysis of vendors operating in the hydraulic workover units market, including some of the vendors such as Canadian Energy Equipment Manufacturing FZE, Halliburton Co., High Arctic Energy Services Inc., National Oilwell Varco Inc.
  • Backed with competitive intelligence and benchmarking, our research reports on the hydraulic workover units market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Hydraulic Workover Units Market 2019-2023: Key Highlights

Pre & Post COVID-19 Market Estimates - Workover Rigs Market 2019-2023 | Increased Workover Operations to Boost Growth | Technavio

Retrieved on: 
Friday, April 17, 2020

Our workover rigs market report covers the following areas:

Key Points: 
  • Our workover rigs market report covers the following areas:
    This study identifies emergence of automated workover rigs as one of the prime reasons driving the workover rigs market growth during the next few years.
  • We provide a detailed analysis of vendors operating in the workover rigs market, including some of the vendors such as DRILLMEC Spa, Nabors Industries Ltd., National Oilwell Varco Inc., Precision Drilling Corp., Schlumberger Ltd., and Yantai Jereh Oilfield Services Group Co. Ltd.
  • Backed with competitive intelligence and benchmarking, our research reports on the workover rigs market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.