123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Reservoir Analysis Market Insights Global Briefing By Experts 2015 To 2022

By Author: Akshay
Total Articles: 133

The reservoir analysis market, by value, is expected to grow at a CAGR of 4.11%, from 2017 to 2022, to reach a market size of USD 8,954.9 million by 2022. Low international crude oil prices have upset the traditional well production economics, whereas, the key factors that would drive the reservoir analysis market during the forecast period includes maximizing hydrocarbon recovery, the increasing shale gas production, and the increased reliability on reservoir analysis due to technological advancements.
The reservoir analysis market is highly fragmented and is served by large international players with a full suite of solutions, as well as local players offering specific services. The key players in the reservoir analysis industry include Schlumberger Limited (U.S.), Halliburton Company (U.S.), Baker Hughes Incorporated (U.S.), Weatherford International, PLC (Switzerland), SGS S.A. (Switzerland), Core Laboratories (U.S.), ALS Oil & Gas (Australia), CGG SA (France), and Trican Well Service Limited (Canada) among others.
Download PDF Brochure Here: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=177178348
Scope of the Report:
By Service
• Reservoir Simulation and Geo Modeling
• Data Acquisition and Monitoring
• Reservoir Sampling Services
By Resource type
• Conventional
• Unconventional
By Application
• Onshore
• Offshore
By Region
• Europe
• North America
• Asia-Pacific
• Middle East
• Africa
• South America
To speak to our analyst for a discussion on the above findings, click https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=177178348
The reservoir analysis market is segmented by service, by application, by resource, and by region. The increasing production from unconventional resources, in the North American region is driving the reservoir analysis market in this region.
The report segments the reservoir analysis market, based on services, into reservoir simulation and geo modeling, data acquisition and monitoring, and reservoir sampling services. Data acquisition and monitoring services would account for the maximum share in the reservoir analysis market, due to shale gas exploration and production activities in North America. Moreover, the market in Asia-Pacific present opportunities as offshore exploration activities are on rise in these regions.
With regard to the application segment, the reservoir analysis market is segmented into onshore and offshore. 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. Onshore applications are quite famous in the Middle East and North America, where maximum number of oilfields are located onshore.
Download Sample Copy of Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=177178348
The report segments the reservoir analysis market, based on resource type, into conventional and unconventional resources. The conventional resources segment is expected to hold the largest share of the reservoir analysis market. The relative simplicity and comparatively low cost of the services required for developments of these conventional resources are one of the key reasons for larger market share. The development of new technologies and the abundance of unconventional resources globally, is expected to drive the unconventional reservoir analysis market at the fastest rate during the forecast period.
The reservoir analysis market is expected to grow at the fastest rate in the North American region, due to ongoing shale gas exploration activities in the U.S. and increase in production rates from unconventional resources, in Canada. The liberalization of the Mexican energy sector is expected to attract foreign investors and is also expected to drive the reservoir analysis market in the country. All these factors contribute to the growth of the reservoir analysis market in this region.
Related Reports:
Well Intervention Market
About MarketsandMarkets
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Total Views: 8Word Count: 629See All articles From Author

Business Articles

1. Factors To Consider When Shopping For Cooler Bags
Author: Rory Jayasinhe

2. Ball
Author: Elance

3. Tips Regarding Women Start-ups
Author: Tanya Sharma

4. Great Flower Ideas For Weddings
Author: Larry Montesano

5. Laminate Floor Store Long Island
Author: Barry’s My Carpet Inc. is a family owned and opera

6. Carpet Styles 2019
Author: Barry’s My Carpet Inc. is a family owned and opera

7. What Is Seo - For Beginners
Author: Digital Marketing

8. Guide To Carpets
Author: Barry’s My Carpet Inc. is a family owned and opera

9. What’s Waterproof, Pet Proof, & Spill Proof Carpet
Author: Barry’s My Carpet Inc. is a family owned and opera

10. How To Quickly And Easily Remove A Background In Photoshop
Author: Winston

11. Here's How You Can Prepare Your House For Rubbish Removal!
Author: Solo IT

12. Best Anti-glare Computer Glasses
Author: Halina Tseng

13. Super Elite Decorative Items For Stunning Home Transformation
Author: Bellagio

14. Top Advantages Of Cctv Pipe Inspections In The Gold Coast
Author: Aussie Hydrovac

15. Top Blockchain Development Company In Uk
Author: Smit Johsen

Login To Account
Login Email:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: