Press release
What future holds for Seismic Survey Market | Top players to be benefited: Breckenridge Geophysical, LLC, BTW Company Ltd., Dolphin Group ASA, Polaris Seismic International Ltd., Spectrum ASA, Terraseis Ltd., MMA Offshore Limited, Kuwait Oil Company, Seis
Seismic Survey Market
Seismic survey is a method used to investigate geological properties of earth and is majorly used to explore natural gas, petroleum, and mineral deposits. Data acquisition, processing, and interpretation are the three phases of seismic survey.
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Government regulations on seismic survey such as 2013 European Union regulations 2013 SI 134 that assess the environmental impact of petroleum exploration is a major factor restraining growth of the global seismic survey market.
Market Taxonomy:
Global seismic survey market is segmented as:
By Technology Type
2D Seismic Survey
3D Seismic Survey
4D Seismic Survey
Others
By Application
Oil and Gas
Construction
Mining
Others
North America was the dominant region in the global seismic survey market in 2017. Shale explorations along with offshore shallow water and deep water exploration has increased in this region in the recent past, leading to high demand for seismic survey.
Seismic survey market in Europe is witnessing a significant growth, owing to increasing exploration activities to cater to the high energy demand.
Key Players:
Key players operating in the seismic survey market are Breckenridge Geophysical, LLC, BTW Company Ltd., Dolphin Group ASA, Polaris Seismic International Ltd., Spectrum ASA, Terraseis Ltd., MMA Offshore Limited, Kuwait Oil Company, Seismic Surveys, Inc., and LoneStar Geophysical Surveys LLC.
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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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