Rigless Intervention Services Market Size, Scope 2022-2028

January 3, 2023 1 Min read Views 82 BUSINESS

The global Rigless Intervention Services Market size is valued at USD 8.14 billion in 2021 and is expected to reach USD 17.10 billion by 2028, at a CAGR of 9.54% during the forecast period 2022-2028. Any corrective operation conducted on oil or gas wells with the goal of restoring or enhancing output is referred to as a well intervention. Drill rigs were once used, however with considerable technological improvements, well construction and well head designs have evolved, causing well intervention to evolve as well as grow in demand.

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