Stratview Research has published a new report titled “Reservoir Analysis Market” which is segmented by Service Type (Reservoir Simulation & Geo Modeling, Data Acquisition & Monitoring Services, and Reservoir Sampling Services), by Application Type (Onshore and Offshore), by Reservoir Type (Conventional and Unconventional), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
As per the study, reservoir analysis market is likely to witness a CAGR of 4.3% during the forecast period. Factors that are driving the reservoir analysis market are increasing energy demand from emerging economies, growing focus on mature oil and gas fields and new field developments, and mounting reliability in reservoir analysis on account of technology advancements.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into Various segments. Below given is the segment-wise analysis -
Based on the service type, the market is segmented as reservoir simulation & geo modeling, data acquisition & monitoring services, and reservoir sampling services. dominant during the forecast period. It aids in enhancing reservoir functionality and improves production by providing real time information with real time information with a faster decision cycle.
Based on the reservoir type, the market is segmented as conventional and unconventional reservoir.
Which Region is expected to remain the largest market? In
terms of regions, North America is estimated to be the largest market during the forecast period. Increased oil & gas exploration activities from unconventional resources in the USA is the major factor driving the North American market. Asia-Pacific and Europe are also expected to offer sizeable opportunities during the forecast period.
Who are the Key Players in the Market?
This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. the key players active in the Reservoir Analysis Market:
• Schlumberger Limited
• Halliburton Company
• Baker Hughes Incorporated
• Weatherford International, PLC
• CGG SA
• Core Laboratories
• Tracerco
• SGS SA
• ALS Oil & Gas
• Expro Group
• Geokinetics
• Intertrek
• Paradigm
• Roxar Software Solutions AS
• Trican Well Service Limited.
Key questions answered by the report
- What is the projected CAGR for revenue from the Reservoir Analysis Market during the forecast period?
- What would be the market be valued at by 2026?
- What is a major driving factor for growth of the market?
- Which region accounted for largest revenue share in the Reservoir Analysis Market?
- Which are the major market players?
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