1 / 8

Reservoir Analysis Market Trends and Forecast to 2022

The global reservoir analysis market is estimated to be USD 7.32 Billion in 2017, and is expected to grow at a CAGR of 4.11%, from 2017 to 2022. This growth is attributed to increasing focus on mature oil & gas fields and new field developments, increase in energy demand from emerging economics, and increased reliability in reservoir analysis due to technology advancements.

Dsiddhant
Download Presentation

Reservoir Analysis Market Trends and Forecast to 2022

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Reservoir Analysis Market by, Application, Reservoir Type, and Region - Global Forecast to 2022 www.MarketsandMarkets.com

  2. The reservoir analysis market is expected to grow from an estimated USD 7.32 Billion in 2017 to USD 8.95 Billion by 2022, at a CAGR of 4.11%. This growth is attributed to the increase in energy demand from emerging economics, increasing focus on mature oil & gas fields, new field developments, and increased reliability in reservoir analysis due to technology advancements. Browse and in-depth TOC on "Reservoir Analysis Market" 63 - Tables 46 - Figures 164 - Pages View more detailed TOC @ https://www.marketsandmarkets.com/Market-Reports/reservoir-analysis-market-177178348.html

  3. Data acquisition and monitoring services: The largest segment of the reservoir analysis market, by service, in 2017 Data acquisition and monitoring services held the largest share in the reservoir analysis market. Data acquisition and monitoring services helps to enhance reservoir functionality and optimize production by providing real time information with a faster decision cycle. Various equipment and software are used to perform the data acquisition task. The tools that are used includes memory gauges, surface readout tools, and surface measuring equipment, which are used to get accurate and real time data of a well. Increase in E&P activities from unconventional resources is expected to increase the demand for data acquisition and monitoring services. Don’t miss out on business opportunities in Reservoir Analysis Market. Download PDF Brochure and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=177178348

  4. The onshore sub-segment is estimated to have the highest growth rate in the reservoir analysis market, by application The onshore segment is expected to dominate the reservoir analysis market and is also expected to grow at the fastest rate during the forecast period. In the Middle East and North American region, the maximum number of oilfields are located onshore, and, thus, exploration & production activities carried out in these regions are expected to drive the onshore segment during the forecast period. Request for Customization : https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=177178348

  5. North America: The largest market for reservoir analysis in 2017 The market in North America is currently the largest market of the reservoir analysis market, closely followed by Asia-Pacific. Technological advancements in drilling, such as long-reach horizontal well bores and completion techniques, such as multi-stage hydraulic fracturing, have led to an increase in E&P from unconventional resources and is driving the reservoir analysis market in this region. The market in the U.S. dominates the North American market, followed by Canada and Mexico. The market in the U.S. surpassed the markets in Russia and Saudi Arabia, and became the world’s top producer of petroleum and natural gas hydrocarbons in 2015. Make an Inquiry@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=177178348

  6. Target Audience: • Consulting companies of the energy and power sector • Government and research organizations • Investment banks • National Oil Companies (NOCs) • Reservoir analysis tools and equipment manufacturers • Reservoir analysis service companies • Oil & gas field operators • Power and energy associations • Exploration & Production companies   • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=177178348

  7. Key players - • Schlumberger Limited (U.S.), • Halliburton Company (U.S.), • Baker Hughes Incorporated (U.S.), • Weatherford International, • PLC (Switzerland), • RoxarSoftware Solutions AS (Norway), • SGS SA (Switzerland), • Core Laboratories (U.S.), • ALS Oil & Gas (Australia), • CGG SA (France), • ExproInternational Group Holding, Ltd. (U.K.), • TricanWell Service Limited (Canada), etc. • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=177178348

  8. Contact:Mr. Shelly SinghMarketsandMarkets™ INC.630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 UK : 44-800-368-9399Email: sales@marketsandmarkets.com

More Related