Oil & Gas Separator Market to Witness Steady CAGR of 5% from 2016 and 2022
Oil & Gas separator is basically a pressure vessel used for separating a well stream into gaseous and liquid components. They are installed either in an onshore processing station or on an offshore platform. Based on vessel configuration, it is divided into horizontal, vertical & spherical separator. Increasing E&P activities in conventional & unconventional reservoirs in onshore & offshore location along with increased level of water production in tight reservoirs is expected to increase the oil & gas separator market.
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