Global Coiled Tubing Market 2016: Industry Demand, Segment, Statistics and Research to 2022
A coiled tubing (CT) refers to a long metal pipe, which is normally used in oil & gas fields for well interventions or sometimes as a production tubing in depleted oil and gas wells. Coiled tubes are made up of very low-alloy carbon-steel and are used during the phase of completion and oil recovery. With the large number of oil fields maturing, global production of oil volumes has decreased and companies in the exploration process need high-performing products. The usage...
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