Jul 24, 2017   SOURCE: BusinessWire

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

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