Coiled Tubing Market by Services [Well Intervention (Well Completion & Well Cleaning) & Drilling], Active Fleet & By Geography - Global Trends & Forecasts to 2018: Manufacturing & Construction Market Research Reports

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Coiled Tubing Market by Services [Well Intervention (Well Completion & Well Cleaning) & Drilling], Active Fleet & By Geography - Global Trends & Forecasts to 2018 Jul 25th 2013, 00:00 Coiled Tubing (CT) is a continuously milled lengthy tubular product spooled onto a take-up reel with key service offerings in the oil and gas industry. The CT service market and fleet grew marginally in the recent past and will continue to grow at a moderate rate globally with Asia-Pacific, Middle East, and European markets on a higher positive front.A CT unit usually comprises a set of equipment to perform standard continuous-length tubing operations in the oil and gas fields. Coiled tubes are generally made of low-alloy carbon-steel and range from 0.75 inches to 4 inches in diameter with single reel tubing lengths reaching 30,000 feet with yield strengths ranging from 55,000 PSI to 120,00...

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