Press release
Global Reservoir Analysis Market Growth & Key Business Strategies by Leading Industry Players Weatherford International Ltd., Schlumberger Limited DSM, Baker Hughes, Inc., Jiangxi East, Halliburton, and SGS SA.
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.Reservoir analysis develops subsurface data to integrate analysis of rocks, pores, and fluids from various reservoirs. In addition, it calculates dynamic rock & fluid properties and gives reservoir model indirect measurements. These reservoirs produce oil, gas, and coal, which are used as energy and fuel in various applications, such as automotive, aviation, electricity generation, and others. In the recent years, the market has witnessed the development of drilling technology and software used in reservoir analysis. In line with this trend, the global reservoir analysis market is expected to grow at a notable CAGR during the forecast period.
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The major driving factor that is responsible for the growth of reservoir analysis market is upsurge in global energy demand. Furthermore, rise in focus on mature oil & gas fields and new field developments have fueled the market growth. However, high cost, risk, and complexities associated with reservoir analysis hinder the growth of the market. On the contrary, technological advancements in reservoir analysis are expected to provide future opportunities for the market.
The global reservoir analysis market is segmented based on service, end user, and geography. On the basis of service, the market is classified into reservoir simulation & geo-modeling, reservoir sampling services, and data acquisition & monitoring. By end user, it is categorized as onshore and offshore. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the market include Weatherford International Ltd., Schlumberger Limited DSM, Baker Hughes, Inc., Jiangxi East, Halliburton, and SGS SA. The other prominent players include Trican Well Service Limited, Emerson Electric Co., Geokinetics, Inc., Core Laboratories, and Paradigm, Expro Group.
The North America reservoir analysis market is expected to witness rapid growth rate during the forecast period, owing to upsurge in production of oil & gas. Moreover, the U.S. was among the top producers of natural gas and petroleum hydrocarbon in North America in 2015. In Mexico, the liberalization of the energy sector attracted numerous investors, which in turn has contributed to the growth of the reservoir analysis market. Similarly, in Canada, the 573 trillion cubic feet estimates of shale reservoirs garnered attention among national and international oil companies, which want to tap the sedimentary basins and shale areas.
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The data acquisition and monitoring segment is projected to be the most lucrative segment, owing to the capability data acquisition and monitoring systems of giving timely and accurate information regarding changes in reservoir temperature, pressure, and flow, which improve profitability of the reservoir.
The onshore segment is estimated to be grow at highest CAGR during the forecast period. This is attributed to the fact that onshore reserves are widely found in the Middle East and South & North America, which are the major hydrocarbon producers. The advent of perforating gun technology and software by Schlumberger Limited for production analysis has increased reservoir productivity and enhanced oil & gas recovery at onshore reservoirs.
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 ($MILLION)
TABLE 57. SAUDI ARABIA RESERVOIR ANALYSIS MARKET VALUE, BY SERVICE, 2017–2025 ($MILLION)
TABLE 58. SAUDI ARABIA RESERVOIR ANALYSIS MARKET VALUE, BY END-USER, 2017–2025 ($MILLION)
TABLE 59. UAE RESERVOIR ANALYSIS MARKET VALUE, BY SERVICE, 2017–2025 ($MILLION)
TABLE 60. UAE RESERVOIR ANALYSIS MARKET VALUE, BY END-USER, 2017–2025 ($MILLION)
TABLE 61. REST OF LAMEA RESERVOIR ANALYSIS MARKET VALUE, BY SERVICE, 2017–2025 ($MILLION)
TABLE 62. REST OF LAMEA RESERVOIR ANALYSIS MARKET VALUE, BY END-USER, 2017–2025 ($MILLION)
TABLE 63. COMPANY SNAPSHOT
TABLE 64. WEATHERFORD INTERNATIONAL LTD.: OPERATING SEGMENTS
TABLE 65. WEATHERFORD INTERNATIONAL LTD.: PRODUCT PORTFOLIO
TABLE 66. COMPANY SNAPSHOT
TABLE 67. SCHLUMBERGER LIMITED: OPERATING SEGMENTS
TABLE 68. SCHLUMBERGER LIMITED: PRODUCT PORTFOLIO
TABLE 69. COMPANY SNAPSHOT
TABLE 70. BAKER HUGHES, INC.: OPERATING SEGMENTS
TABLE 71. BAKER HUGHES, INC.: PRODUCT PORTFOLIO
TABLE 72. COMPANY SNAPSHOT
TABLE 73. HALLIBURTON: OPERATING SEGMENTS
TABLE 74. HALLIBURTON OPERATES: PRODUCT PORTFOLIO
TABLE 75. COMPANY SNAPSHOT
TABLE 76. OPERATING BUSINESS SEGMENTS
TABLE 77. OPERATING SEGMENTS
TABLE 78. SGS SA.: PRODUCT PORTFOLIO
TABLE 79. COMPANY SNAPSHOT
TABLE 80. TRICAN WELL SERVICE LIMITED: OPERATING SEGMENTS
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