Oil & gas production requires large amount of water to stimulate subsurface formations for petroleum production. With the oil & gas market recovering substantially after a long slowdown, the market for oil field services, like water management services is also expected to witness a surge. Further, as the drilling activities move to harsher environment and less approachable areas, the oil & gas water management service providers are expected to face various challenges in the coming years. Advances in oil & gas recovery techniques to produce energy from unconventional resources, such as oil & gas shale have increased the national energy production. Moreover, these production activities involve utilization of huge amount of water and hence, managing water supply and usage at oil & gas fields across the globe have become more systematic than ever.
This report contains market size and forecasts of Oil and Gas Water Management Services in Global, including the following market information:
Global Oil and Gas Water Management Services Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Oil and Gas Water Management Services market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Technology Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Oil and Gas Water Management Services include Halliburton, BHGE, Ovivo, Nuverra Environmental Solutions, Aquatech Corp, Layne Christensen, Severn Treatment Services, Veolia Water Technologies SA and Schlumberger, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Oil and Gas Water Management Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Oil and Gas Water Management Services Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Oil and Gas Water Management Services Market Segment Percentages, by Type, 2021 (%)
Technology
Equipment
Other
Global Oil and Gas Water Management Services Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Oil and Gas Water Management Services Market Segment Percentages, by Application, 2021 (%)
Oil and Gas Industry
Water Treatment Industry
Other
Global Oil and Gas Water Management Services Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Oil and Gas Water Management Services Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Oil and Gas Water Management Services revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Oil and Gas Water Management Services revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Halliburton
BHGE
Ovivo
Nuverra Environmental Solutions
Aquatech Corp
Layne Christensen
Severn Treatment Services
Veolia Water Technologies SA
Schlumberger
Green Hunter Resources
WSP