May 15, 2019   SOURCE: BusinessWire

Global Oil & Gas Reservoir Analysis Market 2019-2023 - Rising Focus on Mature Oil and Gas Fields and New Field Developments - ResearchAndMarkets.com

The "Global Reservoir Analysis Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The reservoir analysis market will register a CAGR of over 5% by 2023.

Surge in global energy demand will drive the global market during the forecast period. A growth of the country depends on the amount of energy that it possesses. Reliable and affordable energy supports the growth of various industries such as power generation and infrastructure. Therefore, rising global energy demand will propel the growth of the global reservoir analysis market.

Market Overview

Rising focus on mature oil and gas fields and new field developments

Rising focus on mature oil and gas fields and new field developments will drive the global reservoir analysis market in the forecast period. New and mature field development oil and gas projects will require accurate reservoir analysis to maximize recovery from oil and gas fields. Upstream players will look for better reservoir analysis tools to maximize profits.

Fluctuations in global oil and gas prices

Oil and gas prices company has been volatile since the 2014 crude oil price crisis. Such price changes impact investors in the oil and gas industry. This will have a negative impact on revenues of upstream companies as well as profit margins of investors. Thus, fluctuations in global oil and gas prices will impede the market growth.

Competitive Landscape

The market appears to be moderately fragmented and with the presence of several companies including Schlumberger Ltd. and Weatherford International Plc., the competitive environment is quite intense. Factors such as the surge in global energy demand and rising focus on mature oil and gas fields and new field developments, will provide considerable growth opportunities to reservoir analysis manufactures.

ALS Ltd., Baker Hughes, a GE Co. LLC, Halliburton Co., Schlumberger Ltd., and Weatherford International Plc are some of the major companies covered in this report.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

Market ecosystem

Market characteristics

Market segmentation analysis

PART 04: MARKET SIZING

Market definition

Market sizing 2018

Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

Bargaining power of buyers

Bargaining power of suppliers

Threat of new entrants

Threat of substitutes

Threat of rivalry

Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

Market segmentation by application

Comparison by application

Onshore - Market size and forecast 2018-2023

Offshore - Market size and forecast 2018-2023

Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

Geographic segmentation

Geographic comparison

North America - Market size and forecast 2018-2023

Middle East and Africa - Market size and forecast 2018-2023

Europe - Market size and forecast 2018-2023

APAC - Market size and forecast 2018-2023

South America - Market size and forecast 2018-2023

Key leading countries

Market opportunity

PART 09: DRIVERS AND CHALLENGES

Market drivers

Market challenges

PART 10: MARKET TRENDS

Introduction of Big Data analytics

Technical advances in reservoir modeling

Exploring unconventional reservoirs

PART 11: VENDOR LANDSCAPE

Overview

Landscape disruption

Competitive scenario

PART 12: VENDOR ANALYSIS

Vendors covered

Vendor classification

Market positioning of vendors

ALS Ltd.

Baker Hughes, a GE Co. LLC

Halliburton Co.

Schlumberger Ltd.

Weatherford International Plc

For more information about this report visit https://www.researchandmarkets.com/r/ligpb

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