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The seismic survey market is expected to grow from an estimated USD 7.54 Billion in 2017 to a projected USD 9.28 Billion by 2022, at a CAGR of 4.15%, during the forecast period. The use of seismic technology in brownfield projects and increased shale gas exploration will drive the market for seismic surveys worldwide.<br>Browse 62 market data tables and 36 figures spread through 157 pages and in-depth TOC on "Seismic Survey Market”<br>https://www.marketsandmarkets.com/Market-Reports/seismic-survey-market-207832302.html <br>
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Seismic Survey Market by Service, Technology, and Region - Global Forecast to 2022 www.MarketsandMarkets.com
The seismic survey market is expected to grow from an estimated USD 7.54 Billion in 2017 to a projected USD 9.28 Billion by 2022, at a CAGR of 4.15%, during the forecast period. North America and Europe is likely to be the largest market for geophysical seismic system market. The Geophysical seismic system market is mainly driven demand of seismic technology in brownfield projects and shale gas exploration. The multi client’s surveys will provides the opportunity to oil and gas companies to share the costs of exploration projects. Don't miss out on business opportunities in Seismic Survey Market. Download PDF Brochure and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=207832302
In terms of market, by technology, the 3D market is expected to grow at the fastest pace during the forecast period. African countries will offer high growth opportunities to geophysical seismic systems market. Factors such as targeting brownfields, and improving production rate would impart growth in geophysical seismic systems market. Oil and gas companies are targeting the economies reserves which are economical in costs and provide better results. Browse and in-depth TOC on "Seismic Survey Market" 62 - Tables 36 - Figures 157 - Pages View more detailed TOC @ https://www.marketsandmarkets.com/Market-Reports/seismic-survey-market-207832302.html
In terms of the service market, services such as the data processing and data interpretation offer high growth opportunities. Data processing covers both the time and depth domain analysis. Data processing and interpretation is the most critical step as investment from oil and gas companies depend on proper interpretation. Oil and gas companies are using data processing and interpretation to explore the brownfields projects. The companies are investing in the multi-clients and brownfields projects because of slump in oil price. Request for Customization : https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=207832302
The market in North America is expected to be the largest for seismic surveys. The North American market is expected to be the largest segment of the seismic survey market, by region. The region has extensive untapped resources which will create an opportunity for oil & gas exploration companies. Since the slump in oil prices, shale exploration has been on the decline. However, operators are currently able to meet the breakeven price of shale with oil prices as low as USD 40/barrel. This has resulted in a surge in the demand for geophysical seismic data for shale reserves. The increased investments in shale gas exploration have led to an increase in the demand for seismic surveys in North America. Request for Free Sample Report @https://www.marketsandmarkets.com/requestsampleNew.asp?id=207832302
Target Audience: • Geophysical service providers • Oil & gas service companies • Oil & gas equipment providers • Drilling and survey companies • Oil & gas operators • International and other associations • Government and research organizations • Investment banks • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=207832302
Key players - • CompagnieGenerale de Geophysique (CGG) (France), • Petroleum Geo-Services (PGS) (Norway), • FugroN.V. (Netherlands), • PolarcusLimited (U.A.E.), • Tomlinson Geophysical Services (TGS)-Norwegian Petroleum Exploration Consultants (NOPEC) Geophysical Company (Norway), • SeaBirdExploration, PLC (Cyprus), • Ion Geophysical Corporation (U.S.), • Schlumberger Limited-WesternGeco (U.S.), • Pulse Seismic, Inc. (Canada), • Global Geophysical Services, Inc. (U.S.)., etc. • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=207832302
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