Global Well Logging Equipment Market was valued $xx Mn in 2019 and is expected to reach $xx Mn by 2026, at a CAGR of xx% during the forecast period.
Global Well Logging Equipment Market Introduction
Well Logging Equipment’s are the devices or equipment that are used in the preparation of production logs. These tools help to analyze the dynamic well performance and also determine the contribution of each zone in the total production process. These tools also help in allocating the production of hydrocarbons on a zone-to-zone basis. Well logging equipment is used to collect, observe, analyze, and record wellbore returns such as liquids, gases, and solids during drilling, by ore and rock analysis, geochemistry, geophysics, and other methods. Apart from this, well logging equipment is also being used to trace the data from down whole sensor tools plotted in the depth of a well. Well logging equipment is used for measuring the properties of geologic strata through which a well is being drilled.