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The dissolvable frac plug operates like a traditional frac plug and can be set anywhere in the wellbore to isolate individual zones. The dissolvable frac plug is composed of a high-strength metal that degrades completely in wellbore fluids.
The dissolvable frac plug is designed for plug-and-perf applications and is composed of a new high-strength engineered metal that dissolves in water-based wellbore fluid, formation fluid, or production fluid. Complete dissolution of the frac plug eliminates the need for a separate mill run intervention into the wellbore, which helps reduce costs, operation time, and risks to personnel.
Market Analysis and Insights: Global Fully Dissolvable Frac Plugs Market
The global Fully Dissolvable Frac Plugs market was valued at US$ XX in 2020 and will reach US$ XX million by the end of 2027, growing at a CAGR of XX% during 2022-2027.
Global Fully Dissolvable Frac Plugs Scope and Market Size
The global Fully Dissolvable Frac Plugs market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Fully Dissolvable Frac Plugs market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Small Caliber Fully Dissolvable Frac Plugs
Large Caliber Fully Dissolvable Frac Plugs
Segment by Application
Horizontal Well
Vertical Well
The Fully Dissolvable Frac Plugs market is analysed and market size information is provided by regions (countries). Segment by Application, the Fully Dissolvable Frac Plugs market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Schlumberger
Halliburton
Baker Hughes (GE)
Innovex
NOV
Magnum Oil Tools
Weatherford
Rubicon Oilfield International
CNPC
Peak Completion
The dissolvable frac plug is designed for plug-and-perf applications and is composed of a new high-strength engineered metal that dissolves in water-based wellbore fluid, formation fluid, or production fluid. Complete dissolution of the frac plug eliminates the need for a separate mill run intervention into the wellbore, which helps reduce costs, operation time, and risks to personnel.
Market Analysis and Insights: Global Fully Dissolvable Frac Plugs Market
The global Fully Dissolvable Frac Plugs market was valued at US$ XX in 2020 and will reach US$ XX million by the end of 2027, growing at a CAGR of XX% during 2022-2027.
Global Fully Dissolvable Frac Plugs Scope and Market Size
The global Fully Dissolvable Frac Plugs market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Fully Dissolvable Frac Plugs market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Small Caliber Fully Dissolvable Frac Plugs
Large Caliber Fully Dissolvable Frac Plugs
Segment by Application
Horizontal Well
Vertical Well
The Fully Dissolvable Frac Plugs market is analysed and market size information is provided by regions (countries). Segment by Application, the Fully Dissolvable Frac Plugs market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Schlumberger
Halliburton
Baker Hughes (GE)
Innovex
NOV
Magnum Oil Tools
Weatherford
Rubicon Oilfield International
CNPC
Peak Completion
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