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Global Reservoir Analysis Market Market size share and growth analysis with key players Weatherford International Ltd., Schlumberger Limited DSM, Baker Hughes, Inc., Jiangxi East, Halliburton, SGS SA, and others.

10-31-2018 04:09 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Reservoir Analysis Market

Reservoir Analysis Market

Global Reservoir Analysis Market by Service and End User: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global reservoir analysis market was valued at $7,533 million in 2017, and is projected to reach $10,489 million by 2023, growing at a CAGR of 4.2% from 2018 to 2025. The onshore segment accounted for more than 76% share of the global reservoir analysis market in 2017.

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Reservoir analysis is a dynamic process used for evaluating a reservoirs performance using its rocks, pore, and fluid flow data. In addition, it provides physical sampling of hydrocarbons, dynamic rock size, and development of technology for the reservoir process. It mitigates the effects of the risk involved in operations by optimizing reservoir performance through various software and integrated technologies.

The factors driving the growth of the global reservoir analysis market include surge in demand for energy worldwide due to increase in global electricity consumption, growth in focus on mature oil & gas fields, and new field developments. However, high cost of equipment and risk of operation are attributed to the use of a combination of flammable chemicals and requirement of high temperature & pressure, which impede the market growth. On the contrary, developments in technology and exploration & development of new reservoirs boost the market growth.

The global reservoir analysis market is segmented based on service, end user, and geography. By service, it is classified into reservoir simulation & geo-modeling, reservoir sampling services, and data acquisition & monitoring. The data acquisition and monitoring segment accounts for a major share during the forecast period, owing to increase in exploration of shale gas and production activities in North America. By end user, the market is bifurcated into onshore and offshore.

The onshore segment is expected to dominate the global reservoir analysis market on account of new production and exploration activities being carried out in the Middle East and North American regions. The market is analyzed based on geography into North America, Europe, Asia-Pacific, and LAMEA.

The major players profiled in this study include Weatherford International Ltd., Schlumberger Limited DSM, Baker Hughes, Inc., Jiangxi East, Halliburton, SGS SA, and others. These companies have adopted various strategies such as product launch, acquisition, merger, and signing of agreement to increase their market share. For instance, Schlumberger Limited developed technologies such as a perforating gun and hydraulic fracturing of well for use in the drilling process. Furthermore, simulation software are being developed to increase reservoir production.

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In 2017, LAMEA and Europe collectively accounted for more than 64% of the global reservoir analysis market, in terms of value. This is attributed to growing inclination on mature oil & gas field coupled with new reservoir developments. Moreover, upsurge in the number of projects in oil & gas industries offers growth opportunities to the reservoir analysis market. In LAMEA region, Saudi Arabia is one of the significant reservoir analysis markets, as it constitutes one-fifth of the worlds proven oil reserves and offers future growth opportunities for the exploration and production of oil & gas reserves.

LIST OF TABLES

TABLE 01. GLOBAL RESERVOIR ANALYSIS MARKET BY SERVICE, 2017-2025, ($MILLION)
TABLE 02. GLOBAL RESERVOIR ANALYSIS MARKET VALUE FOR RESERVOIR SIMULATION AND GEO-MODELING, BY REGION, 2017–2025 ($MILLION)
TABLE 03. GLOBAL RESERVOIR ANALYSIS MARKET VALUE FOR RESERVOIR SAMPLING SERVICES, BY REGION, 2017–2025 ($MILLION)
TABLE 04. GLOBAL RESERVOIR ANALYSIS MARKET VALUE FOR DATA ACQUISITION AND MONITORING, BY REGION, 2017–2025 ($MILLION)
TABLE 05. GLOBAL RESERVOIR ANALYSIS MARKET BY END USER 2017-2025, ($MILLION)
TABLE 06. GLOBAL ONSHORE RESERVOIR ANALYSIS MARKET VALUE, BY REGION, 2017–2025 ($MILLION)
TABLE 07. GLOBAL OFFSHORE RESERVOIR ANALYSIS MARKET VALUE, 2017-2025 ($MILLION)
TABLE 08. GLOBAL RESERVOIR ANALYSIS MARKET VALUE, BY REGION, 2017-2025 ($MILLION
TABLE 09. NORTH AMERICA RESERVOIR ANALYSIS MARKET VALUE, BY SERVICE, 2017–2025 ($MILLION)
TABLE 10. NORTH AMERICA RESERVOIR ANALYSIS MARKET VALUE, BY END-USER, 2017–2025 ($MILLION)
TABLE 11. NORTH AMERICA RESERVOIR ANALYSIS MARKET VALUE, BY COUNTRY, 2017-2025 ($MILLION)
TABLE 12. U.S. RESERVOIR ANALYSIS MARKET VALUE, BY SERVICE, 2017–2025 ($MILLION)
TABLE 13. U.S. RESERVOIR ANALYSIS MARKET VALUE, BY END USER, 2017-2025 ($MILLION)
TABLE 14. CANADA RESERVOIR ANALYSIS MARKET VALUE, BY SERVICE, 2017-2025 ($MILLION)
TABLE 15. CANADA RESERVOIR ANALYSIS MARKET VALUE, BY END USER, 2017-2025 ($MILLION)
TABLE 16. MEXICO RESERVOIR ANALYSIS MARKET VALUE, BY SERVICE, 2017-2025 ($MILLION)
TABLE 17. MEXICO RESERVOIR ANALYSIS MARKET VALUE, BY END USER, 2017-2025 ($MILLION)
TABLE 18. EUROPE RESERVOIR ANALYSIS MARKET VALUE, BY SERVICE, 2017-2025 ($MILLION)
TABLE 19. EUROPE RESERVOIR ANALYSIS MARKET VALUE, BY END USER, 2017-2025 ($MILLION)
TABLE 20. EUROPE RESERVOIR ANALYSIS MARKET BY COUNTRY, 2017-2025 ($MILLION)
TABLE 21. GERMANY RESERVOIR ANALYSIS MARKET VALUE, BY SERVICE, 2017-2025 ($MILLION)
TABLE 22. GERMANY RESERVOIR ANALYSIS MARKET VALUE, BY END USER, 2017-2025 ($MILLION)
TABLE 23. FRANCE RESERVOIR ANALYSIS MARKET VALUE, BY SERVICE, 2017-2025 ($MILLION)
TABLE 24. FRANCE RESERVOIR ANALYSIS MARKET VALUE, BY END USER, 2017-2025 ($MILLION)
TABLE 25. UK RESERVOIR ANALYSIS MARKET VALUE, BY SERVICE, 2017-2025 ($MILLION)
TABLE 26. UK RESERVOIR ANALYSIS MARKET VALUE, BY END USER, 2017-2025 ($MILLION)
TABLE 27. SPAIN RESERVOIR ANALYSIS MARKET VALUE, BY SERVICE, 2017-2025 ($MILLION)
TABLE 28. SPAIN RESERVOIR ANALYSIS MARKET VALUE, BY END USER, 2017-2025 ($MILLION)
TABLE 29. ITALY RESERVOIR ANALYSIS MARKET VALUE, BY SERVICE, 2017-2025 ($MILLION)
TABLE 30. ITALY RESERVOIR ANALYSIS MARKET VALUE, BY END USER, 2017-2025 ($MILLION)
TABLE 31. REST OF EUROPE RESERVOIR ANALYSIS MARKET VALUE, BY SERVICE, 2017-2025 ($MILLION)
TABLE 32. REST OF EUROPE RESERVOIR ANALYSIS MARKET VALUE, BY END USER, 2017-2025 ($MILLION)
TABLE 33. ASIA-PACIFIC RESERVOIR ANALYSIS MARKET VALUE, BY SERVICE, 2017–2025 ($MILLION)
TABLE 34. ASIA-PACIFIC RESERVOIR ANALYSIS MARKET VALUE, BY END-USER, 2017–2025 ($MILLION)
TABLE 35. ASIA-PACIFIC RESERVOIR ANALYSIS MARKET VALUE, BY COUNTRY, 2017–2025 ($MILLION)
TABLE 36. CHINA RESERVOIR ANALYSIS MARKET VALUE, BY SERVICE, 2017–2025 ($MILLION)
TABLE 37. CHINA RESERVOIR ANALYSIS MARKET VALUE, BY END-USER, 2017–2025 ($MILLION)
TABLE 38. JAPAN RESERVOIR ANALYSIS MARKET VALUE, BY SERVICE, 2017–2025 ($MILLION)
TABLE 39. JAPAN RESERVOIR ANALYSIS MARKET VALUE, BY END-USER, 2017–2025 ($MILLION)
TABLE 40. INDIA RESERVOIR ANALYSIS MARKET VALUE, BY SERVICE, 2017–2025 ($MILLION)
TABLE 41. INDIA RESERVOIR ANALYSIS MARKET VALUE, BY END-USER, 2017–2025 ($MILLION)
TABLE 42. SOUTH KOREA RESERVOIR ANALYSIS MARKET VALUE, BY SERVICE, 2017–2025 ($MILLION)
TABLE 43. SOUTH KOREA RESERVOIR ANALYSIS MARKET VALUE, BY END-USER, 2017–2025 ($MILLION)
TABLE 44. AUSTRALIA RESERVOIR ANALYSIS MARKET VALUE, BY SERVICE, 2017–2025 ($MILLION)
TABLE 45. AUSTRALIA RESERVOIR ANALYSIS MARKET VALUE, BY END-USER, 2017–2025 ($MILLION)
TABLE 46. REST OF ASIA-PACIFIC RESERVOIR ANALYSIS MARKET VALUE, BY SERVICE, 2017–2025 ($MILLION)
TABLE 47. REST OF ASIA-PACIFIC RESERVOIR ANALYSIS MARKET VALUE, BY END-USER, 2017–2025 ($MILLION)
TABLE 48. LAMEA RESERVOIR ANALYSIS MARKET VALUE, BY SERVICE, 2017–2025 ($MILLION)
TABLE 49. LAMEA RESERVOIR ANALYSIS MARKET VALUE, BY END-USER, 2017–2025 ($MILLION)
TABLE 50. LAMEA RESERVOIR ANALYSIS MARKET VALUE, BY COUNTRY, 2017–2025 ($MILLION)
TABLE 51. BRAZIL RESERVOIR ANALYSIS MARKET VALUE, BY SERVICE, 2017–2025 ($MILLION)
TABLE 52. BRAZIL RESERVOIR ANALYSIS MARKET VALUE, BY END-USER, 2017–2025 ($MILLION)
TABLE 53. ARGENTINA RESERVOIR ANALYSIS MARKET VALUE, BY SERVICE, 2017–2025 ($MILLION)
TABLE 54. ARGENTINA RESERVOIR ANALYSIS MARKET VALUE, BY END-USER, 2017–2025 ($MILLION)
TABLE 55. AFRICA RESERVOIR ANALYSIS MARKET VALUE, BY SERVICE, 2017–2025 ($MILLION)
TABLE 56. AFRICA RESERVOIR ANALYSIS MARKET VALUE, BY END-USER, 2017–2025 ($MILLION)

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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