A00946 | Pages: NA | Jul 2022 | 3157 Views | | |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the South America Oilfield Services Market
Request Now !Oilfield services include different oil related activities such as exploration, drilling, completion, stimulation, production, and intervention for fulfilling various purposes over the entire oil well exploration life cycle. The services are also helpful in well logging, perforation, zonal isolation, well stimulation, sand washing, & setting tubing plugs. These services support the operators explore and produce from oil & gas reservoirs.
The increasing exploration and production activities along with identification of new areas of offshore and unconventional resources are the key drivers boosting the growth of the South American oilfield services market. Growing energy demand has led many exploration and production companies to focus more on unconventional hydrocarbon resources in this region and influence them to offer economic viable solutions.
The report segments the market on the basis of types, applications and geography. On the basis of types, the market is segmented into coiled tubing services, well completion, drilling fluids, drilling services, oil country tubular goods (OCTG), wireline services and others. Based on the country, the market is segmented into Venezuela, Brazil and Argentina.
Key players operating in this market include Schlumberger Ltd., Halliburton Co., Baker Hughes Inc., Weatherford International Plc, Superior Energy Services Inc., Nabors Industries Ltd. and Expro International Group.
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