USD 63.7185

0

EUR 70.7594

0

BRENT 64.37

0

AI-92 42.38

0

AI-95 46.06

0

AI-98 51.46

-0.04

Diesel 47.92

+0.02

176

Hydraulic Control Line market

Hydraulic Control Line market

Hydraulic Control Line is A small-diameter tube used to operate downhole completion equipment such as the surface controlled subsurface safety valve (SCSSV), is available in five materials, varying wallthicknesses, and a wide range of working pressure ratings. By manufacturing technique, hydraulic control line has 2 categories, Welded tube and Seamless tube.

Control line encapsulation also is available, where requested, to provide additional crush and abrasion resistance during installation.

 

As the well configuration, completion technique and more wells workover come up, hydraulic control line demand has been dramatically increased, more demand comes from offshore Deepwater operation, which requires encapsulation and NAS6 cleanness hydraulic control line. On the other hand, new technologies are being introduced to the oilfield, like intelligent completion, this boost up hydraulic control line demand. At the US, HAL consumed $19m hydraulic control line and TEC at 2018, SLB consumed similar amount in US, although these two giant oilfield service company are not taking major share of this market in US, we still can see the size of US market on hydraulic control line, estimated to have $333m at 2018, and $501m at 2025, From previous study, US market takes 30% of global market size on hydraulic control line, the entire hydraulic control line market globally will reach $1.67B at 2025.



2015

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

Russia & CIS Countries

               87.74

                91.25

                95.81

             102.52

             108.67

             117.36

             123.58

             127.29

             133.40

             143.01

150.3

Far East

            107.24

             111.53

             117.10

             125.30

             132.82

             143.44

             151.05

             155.58

             163.05

             174.79

183.7

Middle East

            126.74

             131.81

             138.40

             148.08

             156.97

             169.53

             178.51

             183.87

             192.69

             206.57

217.1

Latin America

               87.74

                91.25

                95.81

             102.52

             108.67

             117.36

             123.58

             127.29

             133.40

             143.01

150.3

Europe & Africa

               97.49

             101.39

             106.46

             113.91

             120.74

             130.40

             137.32

             141.44

             148.22

             158.90

167

United States

            292.47

             304.17

             319.37

             341.73

             362.23

             391.21

             411.95

             424.31

             444.67

             476.69

501

Canada

            175.48

             182.50

             191.62

             205.04

             217.34

             234.73

             247.17

             254.58

             266.80

             286.01

300.6


            974.89

          1,013.89

          1,064.58

          1,139.10

          1,207.45

          1,304.04

          1,373.16

          1,414.35

          1,482.24

          1,588.96

1670


Author: А. Пауль

Source : Neftegaz.RU