IBISWorld Platform
Answer any industry question in minutes with our entire database at your fingertips.
Coiled Tubing Services in the US Procurement Price, Data and Insights
Coiled tubing services are used in oil and gas wells to push chemicals into the well. Coiled tubing is also used for cable installation, chemical cutting, well cleanout, coring, fishing, fracturing, logging, milling, pipeline laying and intervention, well kill and sand control. Coiled tubing equipment includes truck crane units, lifting equipment, operator houses, tubing reels, wellhead support structures and tool string. Buyers primarily include oil and gas extraction and production firms.
Access this data your way
The Coiled Tubing Services Procurement Price, Data and Insights is available in multiple formats to fit seamlessly into your workflow.
API Data Delivery
Feed trusted, human-driven industry intelligence straight into your platform.
Integrations
Streamline your workflow with IBISWorld’s intelligence built into your toolkit.
What’s included in this market coverage
IBISWorld's research coverage on the Coiled Tubing Services procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Coiled Tubing Services market in the United States includes Cleanouts, Wellbore Cleaning, Acidizing, Well Intervention and Well Fishing. Standard coding in this coverage includes ISIC-091-Support activities for petroleum and natural gas extraction, NACE-09.10-Support Activities For Petroleum And Natural Gas Extraction, NAICS-213112-Support Activities for Oil and Gas Operations and UNSPSC-71121100-Coiled tubing services.
What common market terminology is included?
Common market terminology included in the Coiled Tubing Services procurement coverage includes CERCLA (Also known as Superfund, this is a law designed to tax petroleum and chemical industries. Superfund allows the government to respond to incidents where hazardous substances are released or threatened to be released and will affect public health and the environment.), International Association of Drilling Contractors (An organization that works to innovate drilling and completion technology, improve safety measures and market health and training and environment practices. It provides accreditation for WellCAP, WellCAP Plus and RIG PASS, which cover various training programs, safety programs and curriculum guidelines for various workover and drilling activities.), Petrophysical Analysis (The analysis surrounding the study of chemical and physical rock properties and how the introduction of fluids impacts such properties.) and Well Kill (The intentional or accidental process of preventing the flow of fluids from a well by placing a column of heavy fluids inside the well.).
What companies are included as top suppliers?
The top companies covered in the Coiled Tubing Services procurement report as suppliers are Superior Energy Services, RPC Inc., CalFrac Well Services Ltd., Archer Limited and Aker Solutions Asa.
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Coiled Tubing Services market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per day, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Coiled Tubing Services market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Coiled Tubing Services procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Coiled Tubing Services market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Coiled Tubing Services market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
Trusted by industry professionals
More than 6,000 businesses use IBISWorld to shape local and global economies
We were able to supplement our reports with IBISWorld’s information from both a qualitative and quantitative standpoint. All of our reporting now features some level of IBISWorld integration.
IBISWorld delivers the crisp business knowledge we need to drive our business. Whether it be serving up our major clients, winning new business or educating on industry issues, IBISWorld brings real value.
IBISWorld has revolutionised business information — which has proved commercially invaluable to exporters, investors and public policy professionals in Australia and overseas.
When you’re able to speak to clients and be knowledgeable about what they do and the state that they operate in, they’re going to trust you a lot more.
Frequently Asked Questions
What is the current market price for Coiled Tubing Services?
The 2026 benchmark market price for Coiled Tubing Services is $39900 per day. Prices have increased at a CAGR of 0.01 from 2023-26.
Who are the top vendors in the Coiled Tubing Services market?
The top vendors in the Coiled Tubing Services market include Superior Energy Services, RPC Inc., CalFrac Well Services Ltd., Archer Limited and Aker Solutions Asa.
What industries supply the Coiled Tubing Services market?
The top industries supplying the Coiled Tubing Services market are Mining, Oil & Gas Machinery Manufacturing in the US, Ferrous Metal Foundry Products in the US, Steel Rolling & Drawing in the US, Iron & Steel Manufacturing in the US, Truck Trailer Manufacturing in the US and Automobile Engine & Parts Manufacturing in the US.
What is the supply chain risk for Coiled Tubing Services?
High supplier concentration limits buyer leverage and heightens dependency risk. With the top four vendors accounting for the majority of market revenue, buyers face limited negotiation leverage and increased risk of price control by dominant players. While smaller vendors may offer competitive rates, their capacity and coverage may not suffice for larger scope procurement needs. Buyers should strategically segment their sourcing, leverage smaller vendors where feasible, and negotiate multi-year agreements with major suppliers to mitigate cost escalation and dependency.
What factors affect the price of Coiled Tubing Services?
Coil diameter is a critical factor in determining the price of coiled tubing services, as larger diameters typically require more expensive materials and manufacturing processes, leading to higher costs. For instance, a 2.5-inch coil may be priced significantly lower than a 5-inch coil due to differences in raw material consumption, strength requirements, and the complexity of handling larger diameters during operations, which can also affect the needed equipment and operational efficiency.
Cut through the noise with intelligence you can trust
