Completion Equipment & Services


Completion Equipment & Services

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The 100-page Completion Equipment & Services market report includes the tools and systems used downhole to handle a variety of jobs ranging from zone isolation and gravel packing to multilateral completions and well bore cleanout. 

Clients subscribing to the Completion Equipment & Services Market report will receive complete and revised market reports each quarter for one year. In these years of massive change in the industry, Spears is committed to keeping clients up to date on commercial, technical and activity trends within the sector.

Equipment includes:  retrievable and permanent packers; bridge plugs; liner hangers; and all levels of multilateral completion. Also included are expandable tubulars, “intelligent” systems and their associated sensors and controls.

The global completion equipment and services market has changed substantially in recent years, driven by the increased use of horizontal drilling, longer laterals, and the associated use of multi-zone completion jobs. Global demand for completion equipment and services is on track to grow 24% in 2018 to $8.6 billion in response to continued gains in US drilling activity. With rising oil prices driving further gains in exploration and development activity, the completion equipment and services market growth is projected to accelerate over the near term in response to higher rig count and increasing lateral length.

The Completion Equipment & Services Market report covers the following topics:

  • Market drivers

  • Global oil and gas demand and supply

  • Oil and gas prices

  • Drilling activity by region

  • Completion equipment and services market size ($) and growth

  • Trends in operators’ completion practices

  • Regulatory and technological change

  • Profile of leading completion equipment and service firms

  • Revenues by company, 2006-present

New this year is an extensive evaluation of multiple stage frac jobs in the US and the impact on demand for wireline-deployed bridge plugs.

Additionally, we have included a detailed discussion of the other drivers of the industry, such as cementing services, which impact demand for casing & cementation hardware.

The current edition of the completions report includes Spears’ initial evaluation of the dissolvables market, which has had a small impact on the bridge plug market associated with multiple stage frac jobs.

The Completions Equipment & Service Market report is available for immediate digital download as a slide deck upon purchase. . The data driving most charts and graphs is embedded in each report.