The global wellhead equipment market is estimated to progress at 3.25% CAGR during the forecast period. The wellhead equipment is at the surface of oil or gas an well to provide a pressure containing interface for the drilling equipment. The major components of a wellhead includes casing head, casing hangers, test plugs, casing spools, choke manifold, and tubing heads. The wellhead equipment also provides a means of pressure sealing ... Read more
A wellhead is useful in the oil & gas industry, to drill the surface of a well. It is meant to provide pressure on the surface of well as it contains an interface for the drilling and production equipment. The new research report about the global wellhead equipment market published by Market Research Future (MRFR) computes betterment for this market at 3.25% CAGR between 2017 and 2024. In terms of monetary value, the market can ... Read more