Global Reservoir Analysis Market to Reach a Market Size of USD 8.95 Billion by 2022: Increasing Focus on Mature Oil & Gas Fields and New Field Developments – Research and Markets

DUBLIN–(BUSINESS WIRE)–The “Reservoir
Analysis Market – Global Forecast to 2022” report has been
added to Research and Markets’ offering.

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 is the fastest growing segment
for reservoir analysis during the forecast period. It also holds the
largest share in the reservoir analysis market. 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.

Companies Mentioned

• ALS Oil & Gas
• Baker Hughes Incorporated
• CGG SA
• Core Laboratories
• Expro Group
• Geokinetics
• Halliburton Company
• Intertrek
• Paradigm
• Roxar Software Solutions as
• SGS SA
• Schlumberger Limited
• Tracerco
• Trican Well Service Limited
• Weatherford International, PLC

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Reservoir Analysis Market, By Application

7 Reservoir Analysis Market, By Service

8 Reservoir Analysis Market, By Reservoir Type

9 Reservoir Analysis Market, By Region

10 Competitive Landscape

11 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/pl6hbf/reservoir

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Related
Topics: Oil