Global Reservoir Analysis Market Trends, Outlook and Forecast from 2018 to 2025
Global Reservoir Analysis Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
Reservoir is a subsurface pool of hydrocarbons occurring in porous or fractured rock formations, which are both conventional and unconventional. Conventional reservoir hydrocarbons, such as oil and gas, that are trapped by overlying rock formations are found easily by well drilling, whereas unconventional reservoir hydrocarbons are trapped in rocks and have low permeability, and thus require special operation strategy to recover. Some of the finest examples of unconventional reservoirs are oil sand, gas hydrate deposit, tight gas sand, heavy hydrocarbon, bitumen, and others. Reservoir analysis plays a significant role in determining fluid property, pressure in well, and flow rates of hydrocarbon. Moreover, they provide necessary inputs pertaining to design, engineering, construction, and completion of oil & gas projects.
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Top Key Players:
The key players profiled in this report include Weatherford International Ltd., Schlumberger Limited DSM, Baker Hughes, Inc., Jiangxi East, Halliburton, and SGS SA. The other prominent players include Trican Well Service Limited, Emerson Electric Co., Geokinetics, Inc., Core Laboratories, and Paradigm, Expro Group.
Upsurge in demand for energy worldwide is expected to boost the growth of the global reservoir analysis market during the forecast period. Furthermore, increase in focus on mature oil & gas fields and developments across oil & gas sector drive the market across different regions. However, high cost, risk of operation, and complexity pertaining to reservoir analysis are anticipated to hamper the market during the forecast period. Conversely, development in hydraulic fracturing technology and enhanced spending capacity on development & exploration tasks are expected to create new opportunities for the global reservoir analysis market.
The global reservoir analysis market is segmented based on service, end user, and geography. Depending on service, it is classified as reservoir simulation & geo-modeling, reservoir sampling services, and data acquisition & monitoring. By end user, it is categorized as onshore and offshore. The market is analyzed based on geography into North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits for Stakeholders:
This report entails a detailed quantitative analysis of the current market trends from 2017 to 2025 to identify the prevailing opportunities along with the strategic assessment of the global reservoir analysis market.
Market size and estimations are based on the comprehensive analyses of end users, developments, and services in the industry.
An in-depth analysis based on region assists to understand the regional market and facilitates the strategic business planning.
The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the market.
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Key Market Segments
By Service
Reservoir Simulation & Modeling
Reservoir Sampling Service
Data Acquisition & Monitoring
By End User
Onshore
Offshore
Table of contents:
1: Introduction
2: Executive Summary
3: Market Landscape
4: Global Reservoir Analysis Market, By Service
5: Global Reservoir Analysis Market, By End User, 2018-2025
6: Global Reservoir Analysis Market, By Region
7: Company Profiles
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