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Reservoir Analysis Market Report
The Reservoir Analysis Market is Segmented by Service Type (Reservoir Simulation & Geo Modeling, Data Acquisition & Monitoring Services, and Reservoir Sampling Services), by Application Type (Onshore and Offshore), by Reservoir Type...
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Reservoir analysis market is likely to witness a CAGR of 4.3% during the forecast period. The major factors that are driving the reservoir analysis market are increasing energy demand from emerging economies, growing focus on mature oil and gas fields and new field developments, and mounting reliability in reservoir analysis on account of technology advancements.
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Reservoir Analysis Market - Snapshot |
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Growth |
4.3% for the next five years |
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Major Service Type |
Data acquisition & monitoring services |
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Faster-Growing Reservoir Type |
Unconventional reservoirs |
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Region with the highest demand |
North America |
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Key Players |
Schlumberger Limited, Halliburton Company, Baker Hughes Incorporated, Weatherford International, PLC, CGG SA, Core Laboratories, Tracerco, SGS SA, ALS Oil & Gas, Expro Group, Geokinetics, Intertrek, Paradigm, Roxar Software Solutions AS, and Trican Well Service Limited. |
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Based on the service type, the market is segmented as reservoir simulation & geo modeling, data acquisition & monitoring services, and reservoir sampling services. The data acquisition & monitoring services segment held the largest share of the market in 2020, and is expected to remain dominant during the forecast period. It aids in enhancing reservoir functionality and improves production by providing real time information with real time information with a faster decision cycle.
Based on the reservoir type, the market is segmented as conventional and unconventional reservoir. The unconventional reservoir type segment is expected to grow at a higher rate during the forecast period. Development of new technologies and the abundant presence of unconventional resources, globally, are expected to drive the growth of the segment.
In terms of regions, North America is estimated to be the largest market during the forecast period. Increased oil & gas exploration activities from unconventional resources in the USA is the major factor driving the North American market. Asia-Pacific and Europe are also expected to offer sizeable opportunities during the forecast period.
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Reservoir Analysis develops and collects surface data to integrate analysis of rocks, pores, and fluids from various reservoirs. Further, it calculates dynamic rock & fluid properties and gives reservoir model indirect measurements. It is used in both conventional and nonconventional reservoirs. On the basis of services, it can be categorized into reservoir simulation & geo modeling, data acquisition & monitoring services, and reservoir sampling services.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Reservoir Analysis Market Research Report - Features |
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Market Segmentation |
4 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
15 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The reservoir analysis market is segmented into the following categories.
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This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
The reservoir analysis market is expected to witness an impressive growth of 4.3% CAGR in the foreseeable future.
Schlumberger Limited, Halliburton Company, Baker Hughes Incorporated, Weatherford International, PLC, CGG SA, Core Laboratories, Tracerco, SGS SA, ALS Oil & Gas, Expro Group, Geokinetics, Intertrek, Paradigm, Roxar Software Solutions AS, and Trican Well Service Limited are among the key players in the reservoir analysis market.
North America is expected to be the largest reservoir analysis market during the forecast period of 2021-26.
Unconventional reservoir is expected to grow at a higher rate in the reservoir analysis market in the coming years.
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