Reservoir Analysis Market Release involving Global Key Players by WMR

Western Market Research has promoted its recent exclusive report on " Reservoir Analysis Market Size And Forecast To 2025" which is based on comprehensive research and supported by robust, carefully validated data, this 148 pages report will serve as a complete guide for organizations and governments across the globe aspiring to make a strategic move in strengthening their presence in the sector. It will also serve as a very insightful tool for those organizations seeking to deepen their knowledge in the sector.

The Global Reservoir Analysis Market was valued at USD 7.12 billion in 2016 and is projected to reach USD 10.20 billion by 2025, growing at a CAGR of 4.09% from 2017 to 2025.

A Reservoir is a storage space for fluids. These fluids may be water, hydrocarbons or gas. Reservoir Analysis plays an important role in determining the fluid properties as well as flow rate. It also provides necessary inputs pertaining to completion of design and oil & gas production. This market would be beneficial for Consulting companies, Government and research organizations, Investment banks, National Oil Companies, Reservoir analysis tools and equipment manufacturers, Reservoir analysis service companies, Oil & gas field operators, Power and energy associations.

Sample Infographics:

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Market Dynamics:
1. Market Drivers
1.1 Exploring unconventional reservoir
1.2 Increasing field development
1.3 High reliability in reservoir analysis due to technological advancements
1.4 Need for maximizing hydrocarbon recovery
1.5 Growing energy demand from emerging economies
2. Market Restraints
2.1 Reducing the reservoir uncertainty and optimize reservoir management
2.2 Issues with accurate representation of reservoir geometry and heterogeneity
2.3 Need to identify small scale reservoir compartments
2.4 Rising environmental concerns

Market Segmentation:
The Global Reservoir Analysis Market is segmented on the resource type, service, application, and region.
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1. Resource Type:
1.1 Conventional
1.2 Unconventional

2. By Service:
2.1 Data Acquisition and Monitoring
2.2 Reservoir Sampling Services
2.3 Reservoir Simulation and Geo Modeling

3. By Application:
3.1 Offshore
3.2 Onshore

4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Baker Hughes Incorporated
2. Schlumberger Limited
3. SGS SA
4. CGG SA
5. Expro Group
6. Intertrek
7. Roxar Software Solutions as
8. Trican Well Service Limited
9. Tracerco
10. Halliburton Company
11. Weatherford International, PLC
12. ALS Oil & Gas
13. Core Laboratories
14. Geokinetics
15. Paradigm

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These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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