The Coiled Tubing Market is growing due to the increasing demand for efficient well intervention and drilling solutions in the oil & gas industry. Coiled tubing is used for various operations, including well cleaning, drilling, and logging. The market growth is driven by advancements in coiled tubing technology, the need for cost-effective well operations, and the rising oil & gas exploration activities.
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Well Intervention: Ensuring Optimal Well Productivity

Well intervention involves performing downhole operations on oil and gas wells to sustain, restore or improve production performance. As wells age, their productivity declines due to damage to the formation face or downhole equipment, scale buildup, water or gas coning etc. Well intervention aims to address such issues through techniques like pumping chemicals or tools into the well.

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