Overview

The Oil Well Fishing Services procurement report contains data and analysis of current and future trends when buying goods and services. IBISWorld’s in-depth procurement research is always presented in a logical and consistent format for easy reference throughout a company. The Oil Well Fishing Services Procurement Research Report contains growth forecasts for a three-year outlook period and supplier profit benchmarks so your company can make the right purchasing decision.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Oil Well Fishing Services - Recent Price Trend

In the three years to 2017, the price of oil well fishing services has been subsiding slowly at an estimated average annual rate of 0.8%, favoring buyers. Furthermore, price volatility has been low, facilitating buyers’ ability to accurately budget costs.The pricing environment is primarily shaped by conditions in downstream oil drilling and gas extraction markets. Namely, when production of oil...

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Oil Well Fishing Services - Total Cost of Ownership

The total cost of ownership for oil well fishing services is considered moderate, amounting to between 50.0% and 100.0% of the benchmark purchase price per year. Oil well fishing services typically take a few days to complete. Although drilling operations come to a halt during this time, buyers are still responsible for the drilling fees, thereby raising the total cost of ownership...

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About this Report

This report is intended to assist buyers of oil well fishing services, whereby suppliers oversee and perform the removal of equipment, referred to as fish or junk, that has fallen into the well and needs to be removed to resume drilling operations. Vendors in this market provide oil well fishing design, economic evaluation, pipe recovery and junk recovery services. Providers of oil well fishing solutions evaluate the well and identify the size, shape and weight of the junk; then, suppliers perform a cost-benefit outlining the suitable tools and techniques recommended for removal. In addition, vendors recommend the most economical solution, be that fishing or abandonment. This report does not cover slickline fishing services.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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