유정 폐기 서비스 시장 현황 분석과 예측(2025-2033년)

The Well Abandonment Services Market is expected to witness a robust growth rate of 5.89% during the forecast period (2025-2033F). The well abandonment services market is showing a considerable growth worldwide, as the number of mature oil and gas fields that are nearing the end of their productive service and the prevalent focus on environmental protection and regulatory requirements steadily increases. Well abandonment or decommissioning can be defined as the safe sealing and closure of the wells in order to ensure that no hydrocarbons or other contaminants leak into the environment. The market is becoming dynamic as oil and gas companies continue to comply with very strict government requirements and sustainability criteria and reduce operational risks, as well as environmental liability. Well abandonment services, compared to the maintenance routine operations, entail advanced technologies, such as plug and abandonment (P&A) tools, well integrity assessment equipment, and pressure control equipment, among others, to guarantee permanent and safe closure. The offshore decommissioning projects provide further impetus to the demand as deepwater and underwater wells need complex and expensive abandonment solutions. Also, progress in robotics, digital monitoring, and remote operation is making the cost of abandonment activities more efficient and accurate. The global energy transition also affects the growth of this market, with the operators now focusing on decommissioning and restoration of the environment instead of exploration. With the ongoing increase in investment in well abandonment, due to sustainability initiatives as well as regulatory requirements, the market is set to experience consistent growth in the offshore and onshore markets on a worldwide basis.

Based on type, the well abandonment services market is segmented into temporary and permanent abandonment. In 2024, the permanent type segment dominated the market and is expected to maintain its lead during the forecast period. This is largely attributed to the increased existence of mature wells towards the end of their production and the stronger environmental and production controls, which require proper, safe, and complete closure. Increasing demands for permanent abandonment solutions are also being driven by growing interest in environmental sustainability and the rising number of offshore decommissioning projects. Also, technology around plug and abandonment (P&A) is enhancing the efficiency, cost-effectiveness, and long-term integrity of the well, reinforcing the market of the segment across the world.

Based on service, the well abandonment services market is segmented into materials disposal, site clearance, well plugging & abandonment, and others. In 2024, the well plugging & abandonment segment dominated the market and is expected to retain its lead throughout the forecast period. This is mainly because the number of decommissioned wells is increasing, and the demand for safe, cost-effective, and environmentally compliant well closure operations is also increasing. The procedure includes capping the wellbore with cement and mechanical plugs so that there is no movement of fluid and that it is permanently sound. In addition, an increase in regulatory pressure, improvements in plugging technologies, and the emphasis on environmental impact reduction are further pushing up the use of efficient well plugging and abandonment services throughout the operations worldwide, including offshore and deepwater services.

Based on application, the well abandonment services market is segmented into onshore and offshore operations. In 2024, the offshore segment accounted for the largest market share and is projected to maintain its dominance during the forecast period. The major factors contributing to this growth are the rising number of old offshore wells, emerging decommissioning projects, and the imposition of strict regulatory systems that ensure that well closure in the ocean is safe and conducive to the environment. A well abandonment needs sophisticated technologies, high accuracy, and special equipment to handle the complex operations at sea to guarantee the integrity of the well in the long term. Also, the growing exposure of oil and gas operators to offshore project decommissioning and the continued interest in environmental recovery and mitigation of risks are also contributing to the heightened market demand in the offshore regions of the world.

For a better understanding of the market of the Well Abandonment Services market, the market is analyzed based on its worldwide presence in countries such as North America (The US, Canada, and Rest of North America), Europe (Germany, The UK, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America is the largest market for well abandonment services and is expected to maintain its lead during the forecast period. This increase will be attributed to the increased gas and oil exploration in this region. This year witnessed a record high of 12.9 million barrels of crude oil being drilled in the US, nearly twice the amount drilled in the previous year. The production of American natural gas will also reach a record high in 2023, the Guardian reports, while liquefied natural gas (LNG) exports are expected to double by 2027. Texas, encouraged by the shale revolution and now boasting an output of about 13 million b/d at the beginning of 2020 (but now reduced to about 11.3 million b/d), spurred the increase in oil production in the United States, which was 5.5 million b/d in 2010. In addition, that growth has not been achieved without periodic halts and starts, including busts in 2014 and 2020, and the ongoing coronavirus pandemic.

Some of the major players operating in the market include Expro Holdings UK2 Ltd., A & T Well And Pump, SLB, TechnipFMC plc, Acteon, AGR, BISN Performance Barrier Technologies, Odfjell Technology Ltd., Halliburton, and M&W Drilling LLC.

TABLE OF CONTENTS

1.Market Introduction

• 1.1. Market Definitions
• 1.2. Main Objective
• 1.3. Stakeholders
• 1.4. Limitation

2.Research Methodology Or Assumption

• 2.1. Research Process of the Well Abandonment Services Market
• 2.2. Research Methodology of the Well Abandonment Services Market
• 2.3. Respondent Profile

3.Executive Summary

• 3.1. Industry Synopsis
• 3.2. Segmental Outlook
  • 3.2.1. Market Growth Intensity
• 3.3. Regional Outlook

4.Market Dynamics

• 4.1. Drivers
• 4.2. Opportunity
• 4.3. Restraints
• 4.4. Trends
• 4.5. PESTEL Analysis
• 4.6. Demand Side Analysis
• 4.7. Supply Side Analysis
  • 4.7.1. Merger & Acquisition
  • 4.7.2. Investment Scenario
  • 4.7.3. Industry Insights: Leading Startups and Their Unique Strategies

5.Pricing Analysis

• 5.1. Regional Pricing Analysis
• 5.2. Price Influencing Factors

6.Global Well Abandonment Services Market Revenue (USD Mn), 2023-2033F

7.Market Insights By Type

• 7.1. Temporary
• 7.2. Permanent

8.Market Insights By Service

• 8.1. Materials Disposal
• 8.2. Site Clearance
• 8.3. Well Plugging & Abandonment
• 8.4. Others

9.Market Insights By Application

• 9.1. Onshore
• 9.2. Offshore

10.Market Insights By Region

• 10.1. North America
  • 10.1.1. The US
  • 10.1.2. Canada
  • 10.1.3. Rest of North America
• 10.2. Europe
  • 10.2.1. Germany
  • 10.2.2. The UK
  • 10.2.3. France
  • 10.2.4. Italy
  • 10.2.5. Spain
  • 10.2.6. Rest of Europe
• 10.3. Asia-Pacific
  • 10.3.1. China
  • 10.3.2. Japan
  • 10.3.3. India
  • 10.3.5. Rest of Asia-Pacific
• 10.4. Rest of World

11.Value Chain Analysis

• 11.1. Marginal Analysis
• 11.2. List of Market Participants

12.Competitive Landscape

• 12.1 Competition Dashboard
• 12.2. Competitor Market Positioning Analysis
• 12.3. Porter Five Forces Analysis

13.Company Profiles

• 13.1. Expro Holdings UK2 Ltd.
  • 13.1.1. Company Overview
  • 13.1.2. Key Financials
  • 13.1.3. SWOT Analysis
  • 13.1.4. Product Portfolio
  • 13.1.5. Recent Developments
• 13.2. A & T Well And Pump
• 13.3. SLB
• 13.4. TechnipFMC plc
• 13.5. Acteon
• 13.6. AGR
• 13.7. BISN Performance Barrier Technologies
• 13.8. Odfjell Technology Ltd.
• 13.10. Halliburton
• 13.10. M&W Drilling LLC

14.Acronyms & Assumption

15.Annexure