Side-tracking is the work over term for drilling a directional hole to circumvent an obstacle in the well that cannot be detached or harm to the well, such as bent casing that cannot be repaired. This technology is used where operational platform is vast. Side-tracking tools are used to re-drill the well to a new goal. These tools are used when the well has less productivity or no productivity due to depleted hydrocarbons or mechanical damage at that particular site.
The increasing trend in the side-tracking tools market is set to continue further with the current surge in offshore and onshore activities and unconventional resources exploration, where obstacle arises in well bore drilling.
The report analyzes the side-tacking tools market by application and geographies. Market share analysis, by revenue, of the top companies is also included in the report. The market share analysis of these key players is arrived at, based on key facts, annual financial information, and interviews with key opinion leaders such as CEOs, Directors, and marketing executives.
In order to present an in-depth understanding of the competitive landscape, the report on side-tacking tools market consists of company profiles of some major side-tacking tools market participants in the market, which combines manufacturers as well as service providers such as Schlumberger (U.S.), Eurasia (Russia) and others.
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