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%.
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Reservoir Analysis Market size 2017-2022 by Service spreads across 136 pages profiling 16+ companies and supported with 63 tables and 48 figures available at rnrmarketresearch.com
“The reservoir analysis market is projected to grow at a CAGR of 4.11%, from 2017 to 2022.”
The reservoir analysis market is projected to reach USD 8.95 billion by 2022, growing 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.
High cost, complexity and risk associated with reservoir analysis, political issues, and lack of technological capabilities, are key restraints for the growth of the reservoir analysis market.
“Data Acquisition and Monitoring Services: The fastest service segment of the reservoir analysis market”
Data acquisition and monitoring services is the fastest growing segment for reservoir analysis during the forecast period.
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Data acquisition and monitoring services help 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 include memory gauges, surface readout tools, and surface measuring equipment, which are used to get accurate and real time data of a well. The increase in E&P activities from unconventional resources, is expected to increase the demand for data acquisition and monitoring services
Reservoir Analysis Market, By Application
Reservoir Analysis Market, By Service Type
Reservoir Simulation & Geo Modeling Services
Data Acquisition & Monitoring Services
Reservoir Sampling Services
Fundamentals of Table of Content:
8 Reservoir Analysis Market, By Reservoir Type
11 Company Profiles
(Overview, Products & Services, Strategies & Insights, Developments and MnM View)*
11.2 Schlumberger Limited
11.3 Halliburton Company
11.4 Baker Hughes Incorporated
11.5 Weatherford International, PLC
11.6 SGS SA
11.7 ALS Oil & Gas
11.8 CGG SA
11.9 Core Laboratories
11.10 Expro Group
11.14 Roxar Software Solutions as
11.16 Trican Well Service Limited
*Details on Overview, Products & Services, Strategies & Insights, Developments and MnM View Might Not Be Captured in Case of Unlisted Companies.
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