The natural decline in reservoir energy will affect the flow of oil, gas or water, resulting in instability and a drop in production. Artificial lifts are used for petroleum-based or liquid-loaded gas systems to increase and stabilize hydrocarbon production and minimize flow assurance and operational risks, such as slugs in subsea production systems. The artificial lifting method transfers energy to the generated fluid in order to reduce fluid density and head pressure or increase flow pressure. The three most commonly used artificial lifting methods in the seabed environment include: gas lift, subsea boost, electric submersible pump.
Any reservoir of fluid production creates “reservoir pressure”: a certain amount of energy or potential forces the fluid (liquid, gas, or both) into areas of lower energy or potential. This concept is similar to the water pressure in the municipal water supply system. Once the pressure in the production well is reduced below the reservoir pressure, the reservoir acts as a filling well, just like opening a valve on a water system. Depending on the depth of the reservoir and the density of the fluid, the reservoir may or may not have sufficient potential to push the fluid towards the surface - deeper wells or heavier mixtures result in higher pressure requirements.
The Subsea Artificial Lift Systems market revenue was xx.xx Million USD in 2019, and will reach xx.xx Million USD in 2025, with a CAGR of x.x% during 2020-2025.
Under COVID-19 outbreak globally, this report provides 360 degrees of analysis from supply chain, import and export control to regional government policy and future influence on the industry. Detailed analysis about market status (2015-2020), enterprise competition pattern, advantages and disadvantages of enterprise products, industry development trends (2020-2025), regional industrial layout characteristics and macroeconomic policies, industrial policy has also been included. From raw materials to end users of this industry are analyzed scientifically, the trends of product circulation and sales channel will be presented as well. Considering COVID-19, this report provides comprehensive and in-depth analysis on how the epidemic push this industry transformation and reform.
In COVID-19 outbreak, Chapter 2.2 of this report provides an analysis of the impact of COVID-19 on the global economy and the Subsea Artificial Lift Systems industry.
Chapter 3.7 covers the analysis of the impact of COVID-19 from the perspective of the industry chain.
In addition, chapters 7-11 consider the impact of COVID-19 on the regional economy.
The Subsea Artificial Lift Systems market can be split based on product types, major applications, and important countries as follows:
Key players in the global Subsea Artificial Lift Systems market covered in Chapter 12:
Epic Lift Systems
National Oilwell Varco
Dover Artificial Lift
United Drilling Tools
Superior Energy Services
In Chapter 4 and 14.1, on the basis of types, the Subsea Artificial Lift Systems market from 2015 to 2025 is primarily split into:
Electric Submersible Pump System
Progressive Cavity Pump System
In Chapter 5 and 14.2, on the basis of applications, the Subsea Artificial Lift Systems market from 2015 to 2025 covers:
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions are covered in Chapter 6, 7, 8, 9, 10, 11, 14:
North America (Covered in Chapter 7 and 14)
Europe (Covered in Chapter 8 and 14)
Asia-Pacific (Covered in Chapter 9 and 14)
Middle East and Africa (Covered in Chapter 10 and 14)
South America (Covered in Chapter 11 and 14)
Years considered for this report:
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