The Saudi Arabia well completion equipment and services market size is projected to grow at a CAGR of 4.50% between 2026 and 2035. The market is being aided by the rising oil production and evolving regulatory landscape in the country’s oil and gas sector.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
4.5%
2026-2035
*this image is indicative*
Well-completion equipment and services encompass a range of tools, materials, and procedures employed to ready an oil or gas well for production following the completion of drilling. This phase has a series of steps to guarantee that the well is primed to extract hydrocarbons efficiently and securely.
The EMR’s report titled “Saudi Arabia Well Completion Equipment and Services Market Report and Forecast 2026-2035 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Location of Deployment
Multi-stage fracturing tools are likely to account for a significant portion of the Saudi Arabia well completion equipment and services market share in the forecast period. Multi-stage fracturing tools are integral to the hydraulic fracturing process. This technique is employed in the oil and gas industry to enhance the production of hydrocarbons from unconventional reservoirs like shale formations.
These tools help in extracting a greater volume of hydrocarbons from reservoirs by creating multiple fractures along the wellbore. By doing so, a larger surface area of the reservoir rock is exposed to the wellbore, increasing the potential for oil and gas recovery.
According to the Saudi Arabia well completion equipment and services market analysis, increasing onshore activities significantly affects the growth of the market. The country is committed to onshore drilling due to its intention to stay as a global leader in the field of oil production. Moreover, a notable development that is expected to further propel the growth of onshore drilling activities is the emergence of onshore shale reserves.
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Saudi Arabia well completion equipment and services market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
Schlumberger Limited, a multinational company specialising in oilfield services, is headquartered in Paris, France. It stands as one of the largest global entities in its field, offering an extensive array of services and cutting-edge technologies to the oil and gas industry. Established back in 1926, Schlumberger has developed a diverse range of solutions, spanning from reservoir analysis and drilling to production and processing within the oil and gas sector.
Halliburton Energy Services Inc. is a multinational corporation specialising in delivering a wide array of products and services to the energy sector, with a strong emphasis on the oil and gas industry. Founded in 1919, the company is headquartered in Houston, Texas, USA. Its comprehensive service portfolio encompasses drilling, evaluation, completion, and production of both oil and natural gas wells, solidifying its position as a prominent player in this industry.
Baker Hughes Company, commonly known as Baker Hughes, is a multinational industrial service company providing a range of services and solutions to the oil and gas industry. The company was founded in 1907 with its current headquarters located in Texas, USA. Since the company began operations, it has developed and offered a wide array of services and products for oil and gas exploration, drilling, production, and reservoir management.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other Saudi Arabia well completion equipment and services market players are Weatherford International plc, National-Oilwell Varco Inc., TAQA KSA, Superior Energy Services Inc., Packers Plus Energy Services Inc., and Welltec A/S, among others.
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The market is projected to grow at a CAGR of 4.50% between 2026 and 2035.
The market is driven by the sustained demand for hydrocarbons and the rising focus on unconventional resources such as shale gas.
The growing implementation of IoT and artificial intelligence in the completion process and the increasing focus on environmental sustainability are the key trends aiding the market growth.
The different equipment and services include are packers, sand control tools, multi-stage fracturing tools, liner hangers, smart wells, and safety valves, among others.
The different locations of deployment include onshore and offshore.
Well completion plays an essential role in ensuring optimal oil and gas production and protecting reservoir integrity, notably in unconsolidated formulations.
The key players in the market are Schlumberger Limited, Halliburton Energy Services Inc., Baker Hughes Company, Weatherford International plc, National-Oilwell Varco Inc., TAQA KSA, Superior Energy Services Inc., Packers Plus Energy Services Inc., and Welltec A/S, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Location of Deployment |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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