Growing at a healthy
CAGR of 8.18% between 2014 and 2020, the global sand control systems
market is estimated to reach US$4873.4 million by 2020, from US$2600
million in the year 2012. Sand control systems basically aim at
minimizing the inflow of sand into natural gas and crude oil wells.
The drilling process often leads to small particulates of
disintegrated rocks and sand particles getting mixed with the natural
gas and crude oil that are produced in the wells. This as a result,
hinders and slows down the production process of natural gas and
crude oil due to blockage caused by the sand in pipelines,
separators, casing, flowlines, and tubing.
Browse Full Global
Sand Control Systems Market Report With Complete TOC @
http://www.transparencymarketresearch.com/sand-control-systems.html
In certain extreme
cases, the casing can even break because of unexpected changes in
pressure and stress levels in the various rock formations.
Furthermore, the sand can also damage the surface and downhole
equipment. Apart from being tedious, the process of removing the
coagulated sand from the wells during the process of drilling is also
a very expensive proposition.
Global Sand Control
Systems Market - Segmentation and Application
The global sand
control systems market is segmented on the basis of techniques and
geography. On the basis of techniques, the sand control systems
market can be classified into stand-alone screens, frac packs, rate
exclusion, gravel packing, plastic consolidation, and resin coated
gravel. Stand alone screens are basically filters that are used
extensively for controlling the production of sand. Cased-hole wells
mostly make use of the frac pack process which entails gravel and
frac packing. The frac pack method involves the run through of a
screen in a well, followed by the pumping in of slurry at high
pressure. Gravel packing is the last step in the frac pack method.
One of the oldest
methods that is used in onshore as well as in offshore natural gas
and crude oil wells is that of gravel packing. Factors like
operational costs, grain size distribution, interval length, clay
content, flow rate, and well deviation play a major role in
determining the selection of sand control systems. This also depends
on other miscellaneous factors like site-specific conditions,
operating practices, and economic considerations.
The extensive
application of gravel packing as a sand control system can be
attributed to its low cost of implementation and its high success
rate. The best part about gravel packing is that it can be applied in
different types of well with varied deviations. The costs involved in
gravel pack techniques are directly related to the rig costs.
Browse Full Press
release Report
http://www.transparencymarketresearch.com/pressrelease/sand-control-systems.htm
Global Sand Control
Systems Market - Regional Analysis and Key Players
Geographically, the
sand control systems market is segmented into North America, the Asia
Pacific, Europe, and Rest of the World. As per industry forecasts, it
is expected that the sand control systems market will be dominated by
the Asia Pacific in the forthcoming years. The growth of the Asia
Pacific sand control systems market can be attributed to greater
demand for sand control systems due to increasing population in
countries like China and India. As per industry estimates of 2013,
South Korea, Japan, China, and India are the leading five importers
of crude oil in the overall sand control systems market.
The sand control
systems market in economies like Malaysia, Australia, Myanmar, and
Indonesia will be fueled by higher incidence of drilling activities
in these regions in the years to come. The sand control systems
market in the rest of the world region is mainly driven by the
discovery of offshore field in countries like Egypt, Mozambique, and
Tanzania. The growth of this market in the areas of Latin America and
West Africa can be attributed to greater drilling activities in these
places especially in deep water and ultra-deep water reserves.
Companies these days
are investing huge amount of funds for extracting enormous volumes of
natural gas and crude oil from these regions. At present, several
Middle Eastern countries are exporting huge quantities of crude oil
to innumerable customers all over the world.
Some of the
prominent players operating in the global sand control systems market
are Welltec A/S, Weatherford International Ltd., Variperm (Canada)
Limited, Superior Energy Services, Inc., Schlumberger Limited.,
Ceradyne, Inc., Halliburton Company, and Baker Hughes, Inc.
Request a Brochure
of this Report:
http://www.transparencymarketresearch.com/sample/sample.php?flag=s&rep_id=2664
About Us
Transparency Market
Research is a global market intelligence company, providing global
business information reports and services. Our exclusive blend of
quantitative forecasting and trends analysis provides forward-looking
insight for thousands of decision makers. We are privileged with
highly experienced team of Analysts, Researchers, and Consultants,
who use proprietary data sources and various tools and techniques to
gather, and analyze information.
Our data repository
is continuously updated and revised by a team of research experts, so
that it always reflects the latest trends and information. With a
broad research and analysis capability, Transparency Market Research
employs rigorous primary and secondary research techniques in
developing distinctive data sets and research material for business
reports.
No comments:
Post a Comment