https://www.businesswire.com/news/home/20180528005057/en/

DUBLIN--(BUSINESS WIRE)--May 28, 2018--The "Global Completion Equipment & Services Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

Oil & gas exploration and production is a complex process that requires sophisticated technology and equipment. Besides equipment, the exploration & production companies also require certain services during exploration and drilling. Well completion process includes various steps, such as casing, cementing, open-hole completion, perforating, gravel packing, installing a production tree, stimulation, well intervention, pressure control, and pipeline and process services, to prepare a well for production. Currently, about 70% of the global oil and gas production comes from matured fields.