Published on in “Business”, language — English. 2 pages.
Downhole tools play an important role in oil & gas exploration and production activities with applications in a variety of operations such as fishing, casing, cementing, well bottom communication, drilling, logging, fracturing, and well measurements. The market for downhole tools is estimated to be USD 3.53 Billion in 2014 and is projected to grow with a CAGR of 4.9% from 2014 to 2019. More