Global Wireline Logging Service Market Share, Forecasts 2014 to 2020: Grand View Research, Inc.

Global wireline logging service market is anticipated to witness rapid growth over the forecast period due to increasing diversity in petrophysical properties of hydrocarbons. Oil & gas market participants faced earth surface deep crust characteristic problems such as crust material, rock hardness, water content, sand, and pressure during drilling activities. The market participants require data about petrophysical properties of hydrocarbons to operate processes efficiently and productively before and after reservoir completion. Another key factor which fuelled the global wireline logging service market is real time data availability and analysis which enhances the whole process from the surface through the system. Increasing exploration in deep sea as well as ultra-deep sea is projected to boost the global wireline logging services market over the foreseeable future. Stringent norms related to drilling activities in many nations are anticipated to hamper the wireline logging service market growth.The report “Wireline Logging Service Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020” is available now to Grand View Research customers and can also be purchased directly at http://www.grandviewresearch.com/industry-analysis/wireline-logging-service-market
Wireline logging services are carried primarily along with drilling processes to collect information about down hole material. The system comprises of instruments which collect matter information available deep down the earth surface such as conductivity, hydrocarbon content, water content and others. Wireline process is conducted through lowering different logging tools along the drilling machine to collect deep well petrophysical properties. Various instruments used in logging include acoustic, natural gamma rays, stimulated radioactive and nuclear magnetic resonance, pressure and electromagnetic devices. Technological advancements enabled real time data…