Well Testing Services Market Report Online
The Well Testing Services market size is projected to reach a CAGR of 6.7% from 2022 to 2028.
Well Testing is performed in the oil and gas industry. It includes a set of pre-planned data acquisition activities used to collect data and knowledge about the properties and characteristics of the nature and composition of the oil and gas in the well. There are majorly 5 types of tests which are performed namely Pressure Build-Up, Injection/Fall-Off, Multi-rate, Multiple well, and Closed Chamber.
Recent adoption of the non-conventional oil and gaseous resources are some of the factors that have supported long-term expansion for Well Testing Services Market.
COVID-19 had a negative effect on the market, as the construction and planning for well testing was halted due to the pandemic.
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Last Update : Jul 07, 2023 5:44 AM
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