openPR Logo
Press release

Micro Seismic Monitoring Technology Market Growth and Forecast, 2013 - 2019

Micro seismic technology provides crucial information of reservoir and helps in enhancing production. It can provide reservoir information that is not readily obtainable from any other source. Micro seismic monitoring is used to optimize production, reduce risks, increase safety and decrease costs in variety of industrial applications. This technique is increasingly used by the oil and gas industry to monitor steam injection into heavy-oil field and hydraulic stimulation of very low permeability. The pre-existing flaws and slip when activated by hydraulic fracturing, creates micro seismic event that, when measured, help to identify key fracture properties which includes height, azimuth, length, affected volume of reservoir, and complexity of the induced fractures.

The overall market has been segmented on the basis of applications (hydraulic fracturing, life-of-field reservoir monitoring, underground mining, open-pit mining and waste injection or underground gas storage), end users, as well as on a geographical basis to provide a holistic picture of the market. The driving factors for the use of micro seismic monitoring include the growing use of mining or oil and gas production that change the stress distribution or the volume of a rock-mass. However, incomplete understanding of seismological and geo-mechanical process associated with micro seismicity is expected to hamper the growth of the market.

Get Free Sample Report Copy :
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2021

Presently North America accounts for the highest demand for micro seismic monitoring technology. North America is expected to drive the growth of the market on account of increasing oil and gas production. The increasing application of micro seismic technologies in hydro fracturing and oil and gas production is expected to boost the demand for the technology. In addition, broader implementation of micro seismic monitoring for reservoir production is expected to open new opportunities for growth in the market.

Some of the key players in this market are Bakerhuges, Halliburton, Hess Corporation, ESG Solutions, Schlumberger, and Sigma Cubed among others.

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World

This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

About Us :

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact Us :-
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Micro Seismic Monitoring Technology Market Growth and Forecast, 2013 - 2019 here

News-ID: 358256 • Views:

More Releases for North

Man and Van North London: Your Go-To Moving Solution in North London
North London, London - June 23, 2025 - Looking for a stress-free and efficient moving experience in North London? Look no further than Man and Van North London, the trusted, reliable moving service that's changing the way people approach relocation. Based in the heart of North London at 2 Abbotsbury, the team at Man and Van North London provides affordable, hassle-free moving services designed to fit every need. Whether you're moving
North America Biosimulation Market
The global biosimulation market is experiencing rapid expansion, driven by advancements in technology and the increasing demand for computational tools that can accelerate drug discovery, clinical trials, and regulatory processes. As of 2023, the market was valued at USD 3.5 billion and is projected to reach USD 14.1 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 16.90% from 2024 to 2032. Biosimulation, which involves the use of
Entirewire Electrician North Canton Offers Top-Tier Electrical Services for Nort …
Image: https://www.getnews.info/wp-content/uploads/2024/09/1726505467.png Entirewire Electrician North Canton provides high-quality electrical services to residential and commercial clients in North Canton, OH. Specializing in electrical panel replacement, repairs, and installations, their team of certified electricians ensures safe, reliable, and efficient solutions, making them a trusted choice for all electrical needs in the local community. North Canton, OH - Entirewire Electrician North Canton continues to provide exceptional electrical services for residents and businesses in the
Web Design North: Providing Exceptional Graphic Design Services in North Bay
Web Design North, a leading digital marketing and SEO agency, provides peerless graphic design services in North Bay. Specific and highly effective digital solutions can help solve the challenges businesses encounter in reaching their target audience. With the combination of these solutions and the expertise of digital professionals, business owners can rest assured that they will make more progress and thrive among their competitors. Web Design North is a dedicated marketing
Web Design North Offers Digital Marketing Services in North Bay, Canada
Web Design North is a reputable company that provides digital marketing solutions and website development services in Canada. Web Design North is excited to debut its updated website, showcasing a more modern and user-friendly design. The new site features easy navigation, allowing potential clients to easily browse and learn about the company's services and view their impressive portfolio of work. As a leading web design company, Web Design North understands the
Web Design North Now Offers North Bay Website Designing Services
Web Design North has successfully worked with businesses of all sizes across North America and internationally. Web Design North, a leading digital marketing agency in Canada, is proud to announce its expertise in web designing and SEO marketing for businesses in various industries across the country. With a team of experienced professionals, Web Design North has helped numerous clients establish a strong online presence and drive significant traffic to their websites.