This Sliding Sleeves market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape.
Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Sliding Sleeves market.
Get a sample PDF of the report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-10906
Sliding sleeves are downhole string components used during completion operations to establish communication between the casing annulus and tubing string. Sliding sleeves are used to isolate or shut-off reservoir zones to regulate drilling fluids or contain formation pressure. There are basically two types of sliding sleeves, open/close and choke.
Open/close sliding sleeves can be opened or closed to shut-off flow from a reservoir zone when it is economically not viable to produce or when it the reservoir produces excess water. In the case of multi-zone wells, these sleeves can be used to isolate producing zones from the ones that are deemed not viable to produce.
Choking sleeves are generally used to choke or regulate the flow from a reservoir zone. With recent developments in hydraulic fracturing, previously undeveloped reservoirs are being developed by oil & gas operators, with the use of sliding sleeves. Hence, advancements in fracturing and production technologies, coupled with recovering oil & gas sector are anticipated to fuel the growth of sliding sleeves in the coming years.
Request For TOC @
https://www.futuremarketinsights.com/toc/rep-gb-10906
A number of oil & gas reservoirs have been left undeveloped in the past, owing to lack of economically viable production technologies. Sliding sleeves have become a vital part in the process of developing these unconventional reservoirs. With the advent of hydraulic fracturing and widespread adoption of horizontal drilling, there has been a significant rise in the global oil & gas drilling activity, especially in the unconventional reservoirs.
Use of sliding sleeves have not only helped improve communication between annulus and the string, but also helped in effective and economic production of reservoirs. In hydraulic fracturing, sliding sleeves help isolate individual zones to perforate and produce as per need, thereby improving the efficiency of the whole process.
Hence, sliding sleeves are most sought out for hydraulic fracturing operations. Hydraulically operated sliding sleeves are anticipated to witness heavy demand, as compared to mechanical sliding sleeves, as they can be easily operated from a surface pump and requires no skilled labor to operate, whereas, the high pricing of hydraulic sliding sleeves is anticipated to limit the demand.
Stabilizing crude oil prices, uptick in hydraulic fracturing activities and the growing investments towards the development of unconventional oil & gas reservoirs are anticipated to fuel the demand for sliding sleeves in the coming years.
However, rising geopolitical tensions between OPEC and Non-OPEC countries, recent attacks on oil & gas assets such as pipelines in Middle East & Africa are anticipated to hamper the growth of oil & gas production activities, in turn slowing the demand for sliding sleeves market.
Sliding Sleeves: Market Segmentation
The overall sliding sleeves market can been segmented on the basis of type as:
- Rack mount
- Portable
The overall sliding sleeves market can been segmented on the basis of application as:
- Onshore
- Offshore
The overall sliding sleeves market can been segmented on the basis of actuation as:
- Mechanical
- Hydraulic
Request Methodology @
https://www.futuremarketinsights.com/request-report-methodology/rep-gb-10906
About Us
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact Us:
Future Market Insights,
Unit No: 1602-006,
Jumeirah Bay 2,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers,
Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs