The wireline market includes the electric line (E-line) segments of both open hole and cased hole logging and completions, as well as slickline operations. In conjunction with the slowdown in drilling activity the global wireline market fell from $15.2 billion in 2014 to $7.2 billion in 2016. However, in 2017 the global wireline market has grown 20% driven by both an increase in the number of new horizontal wells drilled and by greater lateral length positively impacting the per-well use of cased hole services.
- The Wireline Market Report is a quarterly report that tracks and forecasts the global wireline market, focusing on commercial, technical and activity trends impacting this sector. Information in the report includes: market size and growth by segment (open hole vs. cased hole); US market by region; revenues and market share by company; wireline supply chain including units, wireline and perforating supplies; and profiles of the leading wireline companies. The report is a useful planning and benchmarking tool for operators, oilfield service firms, OEMs and investors.