A casing suspension system that allows a well to be drilled using a surface BOP, surface wellhead and surface drilling equipment. The mudline suspension equipment provides for individual casing hangers to be installed with each casing string that interconnects with each other at a preset point below the mudline. The mudline suspension casing hangers do not provide a pressure barrier. After the well is drilled and cemented, these casing hangers allow for the removal of the casing string between the casing hanger and the surface wellhead. After these strings are removed, a cap can be placed over each casing string, isolating each casing string and the annular space between it and the previously capped casing string inside, at the casing hanger interface.
Mudline Suspension Systems Market contains market size and forecasts of Mudline Suspension Systems (MLSS) in global, including the following market information:
- Global Mudline Suspension Systems (MLSS) Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Mudline Suspension Systems (MLSS) Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Mudline Suspension Systems (MLSS) companies in 2021 (%)
The global Mudline Suspension Systems (MLSS) market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
10,000 Psi Working Pressure Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Mudline Suspension Systems (MLSS) include Dril-Quip, Nustar Technologies, Plexus Ocean Systems Ltd., Reel Power Oil & Gas, Schlumberger Limited, The Weir Group, Turcomp, WEB Nordeste Company and WEFIC Ocean Technologies and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Mudline Suspension Systems (MLSS) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Mudline Suspension Systems (MLSS) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Mudline Suspension Systems (MLSS) Market Segment Percentages, by Type, 2021 (%)
- 10,000 Psi Working Pressure
- 15,000 Psi Working Pressure
Global Mudline Suspension Systems (MLSS) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Mudline Suspension Systems (MLSS) Market Segment Percentages, by Application, 2021 (%)
- Exploratory Wells
- Development Wells
Global Mudline Suspension Systems (MLSS) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Mudline Suspension Systems (MLSS) Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Mudline Suspension Systems (MLSS) revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Mudline Suspension Systems (MLSS) revenues share in global market, 2021 (%)
- Key companies Mudline Suspension Systems (MLSS) sales in global market, 2017-2022 (Estimated), (Units)
- Key companies Mudline Suspension Systems (MLSS) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Dril-Quip
- Nustar Technologies
- Plexus Ocean Systems Ltd.
- Reel Power Oil & Gas
- Schlumberger Limited
- The Weir Group
- Turcomp
- WEB Nordeste Company
- WEFIC Ocean Technologies
- Worldwide Oilfield Machine