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Well Cementing Services


If your company is looking to save time and money during the initial stages of the buying process, ProcurementIQ’s Well Cementing Services procurement research will provide you with the tools necessary to do just that. This report breaks down the data and analysis behind buying Well Cementing Services, such as pricing dynamics, supply chain risks and external demand drivers. Your company will also gain expert negotiation tactics to help gain leverage when working with suppliers.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Well Cementing Services - Recent Price Trend

During the three years to 2018, the price of well cementing services has been increasing at an annualized rate of 0.4% with a low level of volatility. The low volatility is beneficial to buyers because it indicates a low risk of unexpected fluctuations in the price of these services, allowing buyers to budget more accurately.Labor and cement purchases are typically the most significant input cost.

Well Cementing Services - Total Cost of Ownership

Due to the time and materials price model that is commonly used throughout the market, the majority of costs associated with well cementing services are included in the price. As such, the total cost of ownership is low. The largest cost comes from the need to evaluate and determine the kind of cement that will be required. The buyer should gather as much information as possible on the geology.

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About this Report

Well cementing is an essential part of the oil and gas well construction process; it is typically the last part of the process before pumping equipment is installed. Well cementing ensures the structural integrity of the well, prevents oil and gas from leaking into the ground and isolates different underground layers. Well cementing results in a cement sheath that holds a casing (the pipe through which oil or gas will flow) against the walls of a wellbore (the hole that is drilled for the well). This report discusses the cement, chemicals and services used with on-shore well cementing. However, this report excludes cement and cementing services used in commercial buildings, as well as offshore products and 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
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
 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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