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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% within the South American oilfield services market, followed by
pressure pumping services and oil country tubular goods (OCTG).
The report has profiled the leading players of the market along with their
developments (new product launches, mergers & acquisitions, expansions &
partnerships, agreements, collaborations, and joint ventures) over the past few
years and strategies adopted by them to sustain and strengthen their position in
the South American oilfield services market. Baker Hughes Inc., Schlumberger
Ltd., Weatherford International Plc, and Halliburton Co. are some of the key
players engaged in this market.
Reasons to Buy the Report:
From an insight perspective, this research report has focused on various levels
of analysis—industry analysis (industry trends and porters analysis), market
share analysis of top players, supply chain analysis, and company profiles,
which together comprise and discuss basic views on the competitive landscape,
usage patterns, emerging- and high-growth segments of the South American
oilfield services market, high-growth countries & their respective regulatory
policies, government initiatives, drivers, restraints, and opportunities.
The report will enrich both the established firms as well as new
entrants/smaller firms to gauge the pulse of the market, which in turn will help
the firms garner a greater market share. Firms that purchase the report could
use any one or a combination of five strategies that include market penetration,
product development/innovation, market development, market diversification, and
competitive assessment to strengthen their market share.
The report provides insights on the following pointers:
• Product Analysis and Development: Detailed insights on upcoming technologies,
research & development activities, and new product launches in the South
American oilfield services market. Usage pattern/ penetration rate (in-depth
trend analysis) of products (segment wise) and purchasing data
• Market Development: Comprehensive information of lucrative emerging markets.
The report analyzes the markets for oilfield services across South America,
exploits new distribution channels, and new clientele base & different pricing
• Market Diversification: Exhaustive information of new products, untapped
countries, recent developments, and investment decisions in the oilfield
services market. Detailed description with regards to related and unrelated
diversification pertaining to this market
• Competitive Assessment: In-depth assessment of the market shares and company
share analysis of the key players forecasted till 2019. Development of business
strategies and manufacturing capabilities of leading players that will enhance
the bottom line of the companies in the oilfield services market.
• Product/ Brand Perception Analysis: A comprehensive study of customers’
perception and behavior through our inbuilt social connect tool (digital
marketing language) that checks the virality and tonality of blogs