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Sand Control System Market Size, Share and Global Trend By Technique (Gravel Packing, Sand Screens, Resin Coated Gravel, Inflow control device), By Well Type (Open Hole, Cased Hole), By Application (Onshore, Offshore) and By Regional Forecast, 2024-2032
Report Format: PDF | Published Date: Ongoing | Report ID: FBI100446 | Status : UpcomingSand control system enhances well productivity, stabilize the reservoir, and prevent migration of reservoir sand into the wellbore. For a normal flow of hydrocarbon, reservoir formation should be porous, permeable and well cemented together so that large volume of oil and gas can flow into production wells. Sand entering production wells is one of the toughest problems faced by oil companies. Every year petroleum industries spend millions of dollars related to the sand problem, sand cleaning and revenues lost to restricted production areas. The sand control system is broadly used by all the major players of oil companies to mitigate the severe problem of sand. Unconsolidated sandstone reservoir with the permeability of 0.5 to 8 Darcie’s are most susceptible to sand production during the first flow or fall in pressure or water breaks through. The sand control system implies different techniques to control sand into wellbore causing a rise in the production of hydrocarbon and protect expensive equipment from damage.
The segmentation of the sand control system is done on the basis of technique viz. Gravel Packing, Sand Screens, Resin Coated Gravel, Inflow Control Devices, and Others. Gravel packing is one of the oldest technique used for sand control for open-hole providing productivity and economic advantages. The selection of sand screens typically based on the holes and size of the sand particles. In resin coated gravel a chemical reagent is added for consolidation of sand particle to prevent sand contamination in oil and gas. Inflow control devices widely adopted as an effective solution for sand control due to complex completion and in order to simplify sand control completions while increasing reliability.By Well type, the market can be defined as open hole and cased hole, various sand control techniques are implied to increase the overall productivity of the wells.
More than half of the existing wells require sand control and sand management throughout their life and the recent major discoveries of hydrocarbons in North America is expected to increase the growth of the sand control system. Relentless demand for oil and gas throughout the world made oil companies to produce more hydrocarbons and efficient production of oil and gas sand control system is needed which enhance its market growth.
The sudden collapse in prices of oil and gas in 2015 has greatly impacted the market of hydrocarbon exploration and incessant oil prices hindering the growth of the sand control system.
KEY PLAYERS COVERED
The global leader in sand control system are Schlumberger Ltd., Baker Hughes Inc., Halliburton, Weatherford International, National Oilwell Varco, Oil States International Inc, Tendeka, Sião Petróleo S.A., Welltec International, Packers Plus Energy Services Inc., Superior Energy Services, Variperm Canada Limited
SEGMENTATION
SEGMENTATION | DETAILS |
By Technique | · Inflow Control Devices · Others |
By Well Type | · Open Hole · Cased Hole |
By Application | · Onshore · Offshore |
By Geography | · North America (USA and Canada) · Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe) · Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific) · Latin America (Brazil, Mexico and Rest of Latin America) · Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa) |
REGIONAL ANALYSIS
The global sand control system market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America is dominating the region for a sand control system. The exploration discoveries and existing wells need a holistic approach for sand control for large production of oil and gas. Europe is counted as one of the rich regions in terms of hydrocarbons. Russia is a net exporter of oil and gas and holds the largest share of oil reserves in Europe. The exploration in Norway, the United Kingdom and Russia carried out at a higher rate. The Asia Pacific is one of the top consumers of hydrocarbon and now the countries in this region are focusing on exploration and development projects to save enormous foreign exchange. Thus sand control system plays a key role in the production of hydrocarbon in the Asia Pacific. MEA is the largest net exporter of hydrocarbon in the world. Countries like Saudi Arabia, Iran, Iraq, Venezuela, UAE possess extensive oil & gas reserves. Due to current fluctuation in prices of oil and gas, operators are shifting their trends to squeeze more production from depleted reservoirs. Cost saving and value-adding solution are vital now more than ever which increase the demand for the sand control system.
KEY INDUSTRY DEVELOPMENTS
- In April 16 2019, South African port Ngqura has fixed a jet pump sand bypass system is meeting its dredging targets of 240,000 tonnes of sand per year. The whole sand bypass system is achieved by a computer controlled system.
- In July 2018, Tendeka successfully completed the R&D project with its sand control technology Cascade to prevent sand into wellbore in water injection well in Permian Basin.
- Global
- 2023
- 2019-2022