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GCC Well Testing Services Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
The GCC well testing services market is expected to exhibit a CAGR of 6.6% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Well testing refers to the process of data acquisition from a live well to analyze reservoir's behavior in the real-time. This process provides various information regarding pressure control, absorbency, fluid characterization, reservoir characterization, etc. Well testing services are widely adopted for both onshore and offshore oil/gas field discovery, appraisal, and production activities. These services can be primarily classified into downhole testing service, surface well testing service, reservoir sampling service, and real time well testing service.
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In the GCC region, the wide presence of oil and gas fields along with the growing number of drilling and production activities is currently driving the demand for well testing services. Several drilling companies in the region are getting inclined towards these services for attaining information related to detailed fluid properties, precise pressure measurements, production assessment, etc. Additionally, the rising utilization of fossil fuels across diverse sectors is also augmenting the need for well testing services for analyzing production capacity and economic viability of oil and gas wells. Moreover, the increasing investments by several government organizations in the GCC region to examine maturing oil and gas wells and upgrade old infrastructures are further catalyzing the market growth. Apart from this, the emergence of high precision drilling measurement and reservoir condition measurement instruments for accurate and advanced testing procedures, will also continue to drive the market for well testing services in the GCC region.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the GCC well testing services market, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on stage, application and service.
Breakup by Stage:
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Exploration, Appraisal & Development
Production
Breakup by Application:
Onshore
Offshore
Breakup by Service:
Downhole Testing Service
Surface Well Testing Service
Reservoir Sampling Service
Real Time Well Testing Service
Breakup by Country:
Saudi Arabia
United Arab Emirates
Qatar
Kuwait
Oman
Bahrain
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the keyplayers being AlMansoori, ANSCO inc. (Dycom Industries Inc.), FOS Energy LLC, Gulf Energy SAOC (National Energy Services Reunited Corp.), Halliburton, MB Petroleum Services (MB Holding Company LLC ), Schlumberger Limited., SGS S.A, Specialist Services Group., Sprint Oil & Gas Services (DMCC), Vanguard Engineering & Oil Field Services and Weatherford International plc.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2021
Historical Period
2016-2021
Forecast Period
2022-2027
Units
US$ Million
Segment Coverage
Stage, Application, Service, Country
Countries Covered
Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman, Bahrain
Companies Covered
AlMansoori, ANSCO inc. (Dycom Industries Inc.), FOS Energy LLC, Gulf Energy SAOC (National Energy Services Reunited Corp.), Halliburton, MB Petroleum Services (MB Holding Company LLC ), Schlumberger Limited., SGS S.A, Specialist Services Group., Sprint Oil & Gas Services (DMCC), Vanguard Engineering & Oil Field Services and Weatherford International plc.
Customization Scope
10% Free Customization
Report Price and Purchase Option
Post-Sale Analyst Support
10-12 Weeks
Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report:
How has the GCC well testing services market performed so far and how will it perform in the coming years?
What is the impact of COVID-19 on GCC well testing services market?
What are the key regional markets?
What is the breakup of the market based on the stage?
What is the breakup of the market based on the application?
What is the breakup of the market based on the service?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the market?
What is the structure of the GCC well testing services market and who are the key players?
What is the degree of competition in the market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology 3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends 5 GCC Well Testing Services Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast 6 Market Breakup by Stage
6.1 Exploration, Appraisal & Development
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Production
6.2.1 Market Trends
6.2.2 Market Forecast 7 Market Breakup by Application
7.1 Onshore
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Offshore
7.2.1 Market Trends
7.2.2 Market Forecast 8 Market Breakup by Service
8.1 Downhole Testing Service
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Surface Well Testing Service
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Reservoir Sampling Service
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Real Time Well Testing Service
8.4.1 Market Trends
8.4.2 Market Forecast 9 Market Breakup by Country
9.1 Saudi Arabia
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 United Arab Emirates
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Qatar
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Kuwait
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Oman
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Bahrain
9.6.1 Market Trends
9.6.2 Market Forecast 10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats 11 Value Chain Analysis 12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes 13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 AlMansoori
13.3.1.1 Company Overview
13.3.1.2 Business Portfolio
13.3.2 ANSCO inc. (Dycom Industries Inc.)
13.3.2.1 Company Overview
13.3.2.2 Business Portfolio
13.3.3 FOS Energy LLC
13.3.3.1 Company Overview
13.3.3.2 Business Portfolio
13.3.4 Gulf Energy SAOC (National Energy Services Reunited Corp.)
13.3.4.1 Company Overview
13.3.4.2 Business Portfolio
13.3.5 Halliburton
13.3.5.1 Company Overview
13.3.5.2 Business Portfolio
13.3.6 MB Petroleum Services (MB Holding Company LLC)
13.3.6.1 Company Overview
13.3.6.2 Business Portfolio
13.3.7 Schlumberger Limited.
13.3.7.1 Company Overview
13.3.7.2 Business Portfolio
13.3.7.3 Financials
13.3.7.4 SWOT Analysis
13.3.8 SGS S.A
13.3.8.1 Company Overview
13.3.8.2 Business Portfolio
13.3.9 Specialist Services Group.
13.3.9.1 Company Overview
13.3.9.2 Business Portfolio
13.3.10 Sprint Oil & Gas Services (DMCC)
13.3.10.1 Company Overview
13.3.10.2 Business Portfolio
13.3.11 Vanguard Engineering & Oil Field Services
13.3.11.1 Company Overview
13.3.11.2 Business Portfolio
13.3.12 Weatherford International plc.
13.3.12.1 Company Overview
13.3.12.2 Business Portfolio
13.3.12.3 Financials
13.3.12.4 SWOT Analysis
List of Figures
Figure 1: GCC: Well Testing Services Market: Major Drivers and Challenges
Figure 2: GCC: Well Testing Services Market: Sales Value (in Million US$), 2016-2021
Figure 3: GCC: Well Testing Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: GCC: Well Testing Services Market: Breakup by Stage (in %), 2021
Figure 5: GCC: Well Testing Services Market: Breakup by Application (in %), 2021
Figure 6: GCC: Well Testing Services Market: Breakup by Service (in %), 2021
Figure 7: GCC: Well Testing Services Market: Breakup by Country (in %), 2021
Figure 8: GCC: Well Testing Services (Exploration, Appraisal & development) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: GCC: Well Testing Services (Exploration, Appraisal & Development) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: GCC: Well Testing Services (Production) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: GCC: Well Testing Services (Production) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: GCC: Well Testing Services (Onshore) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: GCC: Well Testing Services (Onshore) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: GCC: Well Testing Services (Offshore) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: GCC: Well Testing Services (Offshore) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: GCC: Well Testing Services (Downhole Testing Service) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: GCC: Well Testing Services (Downhole Testing Service) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: GCC: Well Testing Services (Surface Well Testing Service) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: GCC: Well Testing Services (Surface Well Testing Service) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: GCC: Well Testing Services (Reservoir Sampling Service) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: GCC: Well Testing Services (Reservoir Sampling Service) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: GCC: Well Testing Services (Real Time Well Testing Service) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: GCC: Well Testing Services (Real Time Well Testing Service) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Saudi Arabia: Well Testing Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Saudi Arabia: Well Testing Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: United Arab Emirates: Well Testing Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: United Arab Emirates: Well Testing Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Qatar: Well Testing Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Qatar: Well Testing Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Kuwait: Well Testing Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Kuwait: Well Testing Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Oman: Well Testing Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Oman: Well Testing Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Bahrain: Well Testing Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Bahrain: Well Testing Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: GCC: Well Testing Services Industry: SWOT Analysis
Figure 37: GCC: Well Testing Services Industry: Value Chain Analysis
Figure 38: GCC: Well Testing Services Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: GCC: Well Testing Services Market: Key Industry Highlights, 2021 and 2027
Table 2: GCC: Well Testing Services Market Forecast: Breakup by Stage (in Million US$), 2022-2027
Table 3: GCC: Well Testing Services Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: GCC: Well Testing Services Market Forecast: Breakup by Service (in Million US$), 2022-2027
Table 5: GCC: Well Testing Services Market Forecast: Breakup by Country (in Million US$), 2022-2027
Table 6: GCC: Well Testing Services Market: Competitive Structure
Table 7: GCC: Well Testing Services Market: Key Players
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