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. For More Information Visit - http://www.grandviewresearch.com/industry-analysis/wireline-logging-service-market

1. Grand View Research, Inc: Global Wireline Logging Service
Market, Market Size, Application Analysis, Regional
Outlook, Competitive Strategies and Forecasts, 2014 To
2020
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.
For More Information on "Wireline Logging Service Market Research
Reports" visit - http://www.grandviewresearch.com/industry-
analysis/wireline-logging-service-market

2. 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.

3. 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.

4. Technological advancements enabled real time data collection which helps to
monitor on-going activities. Mud pulse technology is used to transmit data from
down well instruments to the surface systems.
North America dominated the global wireline logging service market in 2013
owing to increasing R&D activities in the region. Shale gas discovery in the region
and increasing exploration in the U.S. Gulf Coast is anticipated to bolster the
global wireline logging service market over the next six years. Asia Pacific is
expected to be the fastest region market in the near future on account of increasing
new oil & gas field exploration. Shale gas exploration in China is expected to
positive impact on the Asia Pacific market. Technology sharing agreements by
Chinese companies with U.S. based companies in order to improve shale gas
recovery is expected to further drive Asia Pacific market growth over the forecast
period.
Major wireline logging service market players include Baker Hughes,
Schlumburger and Halliburton. Halliburton accounted for a major market share in
2013. The company’s next-generation software iBHS enables basic to complex
petrophysical property collection.
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5. About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research reports,
and consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals, materials,
healthcare and energy.
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