Subsea Production Systems – Market Update

Subsea Production Systems – Market Update

The subsea market is growing. Learn the tools and equipment, processes, and future potential of this market from Bruce Crager, Executive Vice President.  The industry has been installing subsea wells for over 50 years and there have been on the order of 5,000 subsea wells drilled and completed to date with hundreds more being added each year. This video provides an update on the subsea market and identifies the expected growth. It also includes a summary of the type of subsea processing systems which are being used today and projections for the future.