Energia
Visiongain Publishes Global Intelligent Completion Market 2019-2029 Report
• Intelligent completion is a technology, which employs permanent downhole sensors and surface-controlled downhole flow control valves, which enable evaluate, monitor and actively manage production (or injection) in real time without any well interventions.
• This technology facilitates surface-controlled production from each zone or lateral to optimize production and reservoir management, and also decreases production of undesirable gas or water.
• Intelligent completion technology was initially used in subsea wells. This technology has proven their value in managing production from horizontal wells with multiple zones, wells in heterogeneous reservoirs, mature reservoirs and multilateral wells.
• In December 2018 , a global completion systems and service provider to oil and gas companies launched a new technology, FloFuse to enhance oil recovery.
• The objective of this technology is to increase oil recovery by improving injected water conformance in fractured reservoirs or by ensuring the effective placement of matrix stimulation acids.
• Increase in demand for oil production globally
• Technological advancements associated with intelligent completion systems
• Improved focus to enhance oil production
• High costs association with initial design, installation and, maintenance of intelligent completion systems
• Concerns regarding data processing and data-safety associated with intelligent completion systems
• Offshore Market, 2019-2029
• Onshore Market, 2019-2029
• Hardware Market, 2019-2029
• Software Market, 2019-2029
• Simple Systems Market, 2019-2029
• Complex Systems Market, 2019-2029
• Surface Control System Market, 2019-2029
• Downhole Monitoring & Control System Market, 2019-2029
• Communication System Market, 2019-2029
Focused regional forecasts and analysis explore the future opportunities:
• North America Market, 2019-2029
• Europe Market, 2019-2029
• Asia-Pacific Market, 2019-2029
• LAMEA Market, 2019-2029
• Companies are actively engaged in different developmental strategies in order to improve and increase their foothold in the global intelligent completion market.
• There have been a considerable number of product launches, product developments, mergers, and acquisitions recently in the global intelligent completion industry.
Benchmarking
BP
CNPC
Eni
ExxonMobil
Hess Corporation
Kuwait Petroleum Corporation
Lukoil
Marathon Oil
Royal Dutch Shell
RPC Inc
Salym Petroleum
Saudi Aramco
Sinopec
Superior Energy Services
Total Fina Elf S.A
WellDynamics Inc
Welltec International
Woodside Energy