The market for global oil well cement, a specialty niche cement product used in oil, gas and geothermal well-bore drilling, is projected to exceed 5 million t by the end of 2017. The figure represents a 26% decline versus the 2013 peak.
The launch introduces SPACE Vernier, a service designed to maximise well life by measuring the internal and external dimensions of the entire wellbore to generate statistical analysis of localised damage and systemic corrosion.