Global Reservoir Analysis Market by Service, Application, Reservoir Type and Region – 2022
Reservoir analysis is intended to determine flow related properties such as permeability, porosity, temperature, volume, and pressure of reservoir formation and fluid to successfully optimize the production and recovery techniques.
Houston, United States – April 20, 2018 /MarketersMedia/ —
“Reservoir analysis is determining the flow related properties such as pressure, volume, temperature, porosity, permeability, etc., of the reservoir fluid and formation in order to optimize the recovery techniques and production. Reservoir characteristics such as reservoir diagenetic history, reservoir rock quality, reservoir production potential, formation damage during stimulating, reservoirs fluid sensitivity to completion chemicals, etc., can be found through reservoir analysis.”
The reservoir analysis market is projected to reach 8+ Billion USD by 2022, growing at a CAGR of +4%, from 2017 to 2022. This growth is attributed to increasing focus on mature oil & gas fields and new field developments, increase in energy demand from emerging economics, and increased reliability in reservoir analysis due to technology advancements. High cost, complexity and risk associated with reservoir analysis, political issues, and lack of technological capabilities, are key restraints for the growth of the reservoir analysis market.
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Companies Profiled: The Top Key Players included in Reservoir Analysis Market are Schlumberger Limited, Halliburton Company, Baker Hughes Incorporated, Weatherford International, CGG, Core Laboratories, Tracerco.
The reservoir analysis market is segmented based on services, applications and geography. The services assessed in the market research report are reservoir simulation and geo-modelling, reservoir sampling services and data acquisition and monitoring. The application covered in during the study includes both onshore and offshore. Regions such as North America, Europe, Asia Pacific and LAMEA would observe tremendous growth opportunities.
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Key Benefits of Buying the Report
The report would help market leaders and new entrants in the market by providing them the closest approximations of revenue numbers for the overall reservoir analysis market and its sub-segments. This report will help stakeholders to better understand the competitive landscape and gain insights to better position their businesses and make suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities. The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.
Report Coverage
The report provides a picture of the reservoir analysis market across its different segments and regions. It aims at estimating the market size and future growth potential of this market, in value. Furthermore, the report provides a comprehensive review of major market drivers, restraints, opportunities, challenges, and key issues and also includes in-depth competitive analyses of the key players in the market along with their company profiles, recent developments, and key market strategies.
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