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South America Oilfield Services Market By Type (Coiled Tubing Services, Well Completion, Drilling Fluids, Drilling Services, OCTG, Wireline Services and Others), by Application (Onshore and Offshore) by Countries - Trends and forecasts to 2019
  • Published : April , 2015
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  • Number of Pages : 109
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  • Published By : MicroMarketMonitor

Report Overview
Oilfield services are required throughout the lifespan of an oil & gas well. The increasing exploration and production activities across South America and new areas of unconventional resources are the major drivers for the growth of the oilfield services market. In recent times, there have been many developments in terms of offshore and unconventional explorations and production. The increasing energy demand has pushed the exploration and production companies to push their limits towards unconventional hydrocarbon resources in South America. These E&P activities for unconventional resources demand oilfield services in order to produce and make the operations economically viable.

The oilfield services market is estimated to grow at a CAGR of 5.8% from 2014 to 2019. The market has been segmented into types of services, which include pressure pumping services, OCTG, drilling services, and coiled tubing services, among others. In 2014, the drilling service type held the largest market share of 70.7%...

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