Reportstack Announces the Publication of its Research Report - Global Artificial Lift Pumps Market 2014-2018. The following companies are the key players in Global Artificial Lift Pumps Market: Baker Hughes Inc., GE Energy LLC, Schlumberger Ltd., Weatherford International Ltd., Alnas JSC, Borets Company LLC, Kudu Industries LLC, National Oilwell Varco Inc., Norris Production Solutions, Tenaris SA.
“The market is witnessing a trend towards integrating two lift types for better system performance. For example, the plunger lift is combined with a gas lift to increase lifting efficiency in intermittent lift wells. In many deep intermittent gas lift installations, the gas breaks through the liquid slag before the slug reaches the surface, resulting in substantial lift fallback. Lift efficiency can be increased considerably by attaching a plunger to form an interface between the lift gas and fluid slag. The plunger provides a superior seal between the lift gas and fluid slag. An integrated system provides many advantages such as reduced liquid fallback in intermittent wells, plunger designs to match applications where the plunger can be retrieved without well intervention, increased efficiency, and fluid recovery. This trend is expected to have a medium term impact on the Global Artificial Lift Pump market.”
According to the report, one of the major drivers in this market is the increasing demand for crude oil. This rise in demand has not been matched by a corresponding rise in supply, leading to a huge supply-demand gap in the market. It is been estimated that there will be a 50-60 percent increase in total energy demand by 2030.
Further, the report states that one of the major challenges is the fluctuating cost of raw materials. The prices of metals used in artificial lift pumps have been vulnerable to sudden changes and thus to increases in the cost of production.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://www.reportstack.com/product/152444/global-artificial-lift-pumps-market-2014-2018.html.
According to the report, one of the major drivers in this market is the increasing demand for crude oil. This rise in demand has not been matched by a corresponding rise in supply, leading to a huge supply-demand gap in the market. It is been estimated that there will be a 50-60 percent increase in total energy demand by 2030.
Further, the report states that one of the major challenges is the fluctuating cost of raw materials. The prices of metals used in artificial lift pumps have been vulnerable to sudden changes and thus to increases in the cost of production.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://www.reportstack.com/product/152444/global-artificial-lift-pumps-market-2014-2018.html.
No comments:
Post a Comment