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Procurement Market Intelligence Report

Wireline & Perforating Services Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Wireline & Perforating Services?

What is the average price of Wireline & Perforating Services?

This procurement report includes pricing information to help you purchase Wireline & Perforating Services. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of Wireline & Perforating Services been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase Wireline & Perforating Services yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing Wireline & Perforating Services?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Wireline & Perforating Services with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Find the vendor to meet your needs

Where can I purchase Wireline & Perforating Services?

The market for wireline and perforating services contains roughly 635 vendors. The top four operators generate less than 30.0% of the market’s revenue, which indicates a low level of market share concentration. Because there are few large-scale service providers operating in the United States, competition is intense. Each of the... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Service Performance

How do you ensure the accuracy and quality of your services?

What systems, tools and software do you have in place to minimize the number of errors? How often are these systems checked and updated?

What checks and balances are in place to ensure that my project has received a thorough evaluation? Who completes these checks and identifies errors?

How do you balance quick turnaround times with maintaining maximum possible accuracy?

Employees

What are the various stages of your hiring process? What specialized skills do you require your employees to possess?

How do you recruit and retain senior staff?

How do you keep your wage costs under control?

Are there records available that show prior training and certifications for all members of the company?

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Key elements for every RFP

What should my Wireline & Perforating Services RFP include?

Project Budget

Buyers should specify their total budget.

Buyers should provide an explanation of how additional costs will be handled, such as travel expenditures.

Selection Criteria

Buyers should ensure the proximity of suppliers to cut lead times.

Buyers should reference the Buying-Decision Scorecard section of this report for key criteria to consider when evaluating providers.

Project Schedule

Buyers should specify the date when proposals are due.

Buyers should provide the date when the award will be announced.

Buyers should specify the required duration of the contract.

Buyers should specify the timeline for potential contract renewals.

Evaluate major factors to mitigate risk

How risky is the Wireline & Perforating Services supply chain?

The supply chain risk for wireline and perforating services is moderate, somewhat challenging buyer negotiation power. Service providers primarily rely on goods and services supplied by mining, oil and gas machinery manufacturers to efficiently carry out their services, in addition to engineering firms and transport vehicle wholesalers. Issues in the... Subscribe to learn more.

HIGH

MEDIUM

LOW