Market Overview:
The global reservoir analysis market is expected to grow from USD 2.5 billion in 2018 to USD 4.1 billion by 2030, at a CAGR of 6.0% from 2018 to 2030. The growth of the global reservoir analysis market can be attributed to the increasing demand for oil and gas across the globe and rising investments in upstream activities. The global reservoir analysis market is segmented on the basis of type, application, and region. On the basis of type, the market is divided into reservoir simulation and geo modeling, data acquisition and monitoring, and reservoir sampling services.
Product Definition:
Reservoir analysis is the process of studying and understanding the characteristics of a reservoir in order to optimize production from it. The importance of reservoir analysis is that it allows for better management and exploitation of a reservoir's resources.
Reservoir Simulation and Geo Modeling:
Reservoir simulation is the process of creating 3D model of reservoir with the help of software. The main purpose is to analyze and forecast changes in water level, flow rate or capacity over time. Geo modeling uses geographic information system (GIS) technology for analyzing a reservoir. It helps in determining areas that are prone to flooding and also predicts when it may flood certain areas by using historical data points.
Data Acquisition and Monitoring:
Data acquisition and monitoring are used for reservoir analysis. It is a system that allows real-time data to be collected from instruments such as sensors, gauges, and other devices placed in the reservoir. The information gathered through this process is then transmitted to a central site where it can be analyzed by experts. This technology helps monitor the physical parameters of reservoirs such as temperature, pressure, etc.
Application Insights:
Onshore application dominated the global market in terms of revenue share in 2017. The growth can be attributed to factors such as increasing demand for onshore oil and gas exploration and production, growing need for reservoir management, rising importance of field development and maintenance activities. Furthermore, reservoirs are managed through a combination of techniques including drilling & completions, hydraulic fracturing & matrix stimulation technologies along with conventional on-farm storage methods such as irrigation management.
The offshore segment is expected to witness significant growth over the forecast period owing to factors such as growing need for energy security from countries like China and India; rapid industrialization coupled with technological advancements has led to an increased number of offshore projects across the globe. Furthermore, there has been a rise in demand due to various advantages offered by geosimulation including greater accuracy compared to other simulation techniques used in petroleum engineering like probabilistic risk assessment (PRA).
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of a large number of oil and gas E&P companies coupled with high adoption rate for advanced technologies across various fields. Moreover, growing shale gas exploration activities in U.S., which is mainly driven by technological advancements such as hydraulic fracturing and horizontal drilling have led to an increase in demand for reservoir analysis services over last few years.
Asia Pacific is expected to witness significant growth during the forecast period owing to increasing government investments onshore and offshore projects along with rising awareness about petroleum reserves across countries such as India, Indonesia, Vietnam, Thailand etc., which will drive industry expansion over next eight years or so till 2030 AD (Year-on-Year). Furthermore, several international oil companies are making huge investments on account of lucrative returns from these regions thereby driving regional market development further.
Growth Factors:
- Increasing demand for oil and gas due to population growth and industrialization
- Rising awareness about the benefits of reservoir analysis for optimizing production
- Development of new technologies and software that improve the accuracy and efficiency of reservoir analysis
- Growing investment in upstream oil and gas exploration and production activities
- Expansion of the global refining sector, which will create increased demand for petroleum products
Scope Of The Report
Report Attributes
Report Details
Report Title
Reservoir Analysis Market Research Report
By Type
Reservoir Simulation and Geo Modeling, Data Acquisition and Monitoring, Reservoir Sampling Services
By Application
Onshore, Offshore
By Companies
Schlumberger Limited DSM, GE(Baker Hughes), Jiangxi East, Halliburton, SGS SA, Emerson Electric Co., Geokinetics, Inc., Core Laboratories
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Reservoir Analysis Market Report Segments:
The global Reservoir Analysis market is segmented on the basis of:
Types
Reservoir Simulation and Geo Modeling, Data Acquisition and Monitoring, Reservoir Sampling Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Onshore, Offshore
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Schlumberger Limited DSM
- GE(Baker Hughes)
- Jiangxi East
- Halliburton
- SGS SA
- Emerson Electric Co.
- Geokinetics, Inc.
- Core Laboratories
Highlights of The Reservoir Analysis Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Reservoir Simulation and Geo Modeling
- Data Acquisition and Monitoring
- Reservoir Sampling Services
- By Application:
- Onshore
- Offshore
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Reservoir Analysis Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Reservoir analysis is a method of estimating the amount and type of water that will be available in an underground reservoir at any given time. The analysis can help planners decide when to release water from the reservoir, how much water to release, and where to place infrastructure such as pipelines or storage tanks.
Some of the key players operating in the reservoir analysis market are Schlumberger Limited DSM, GE(Baker Hughes), Jiangxi East, Halliburton, SGS SA, Emerson Electric Co., Geokinetics, Inc., Core Laboratories.
The reservoir analysis market is expected to grow at a compound annual growth rate of 6%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Reservoir Analysis Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Reservoir Analysis Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Reservoir Analysis Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Reservoir Analysis Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Reservoir Analysis Market Size & Forecast, 2018-2028
4.5.1 Reservoir Analysis Market Size and Y-o-Y Growth
4.5.2 Reservoir Analysis Market Absolute $ Opportunity
Chapter 5 Global Reservoir Analysis Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Reservoir Analysis Market Size Forecast by Type
5.2.1 Reservoir Simulation and Geo Modeling
5.2.2 Data Acquisition and Monitoring
5.2.3 Reservoir Sampling Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Reservoir Analysis Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Reservoir Analysis Market Size Forecast by Applications
6.2.1 Onshore
6.2.2 Offshore
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Reservoir Analysis Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Reservoir Analysis Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Reservoir Analysis Analysis and Forecast
9.1 Introduction
9.2 North America Reservoir Analysis Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Reservoir Analysis Market Size Forecast by Type
9.6.1 Reservoir Simulation and Geo Modeling
9.6.2 Data Acquisition and Monitoring
9.6.3 Reservoir Sampling Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Reservoir Analysis Market Size Forecast by Applications
9.10.1 Onshore
9.10.2 Offshore
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Reservoir Analysis Analysis and Forecast
10.1 Introduction
10.2 Europe Reservoir Analysis Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Reservoir Analysis Market Size Forecast by Type
10.6.1 Reservoir Simulation and Geo Modeling
10.6.2 Data Acquisition and Monitoring
10.6.3 Reservoir Sampling Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Reservoir Analysis Market Size Forecast by Applications
10.10.1 Onshore
10.10.2 Offshore
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Reservoir Analysis Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Reservoir Analysis Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Reservoir Analysis Market Size Forecast by Type
11.6.1 Reservoir Simulation and Geo Modeling
11.6.2 Data Acquisition and Monitoring
11.6.3 Reservoir Sampling Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Reservoir Analysis Market Size Forecast by Applications
11.10.1 Onshore
11.10.2 Offshore
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Reservoir Analysis Analysis and Forecast
12.1 Introduction
12.2 Latin America Reservoir Analysis Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Reservoir Analysis Market Size Forecast by Type
12.6.1 Reservoir Simulation and Geo Modeling
12.6.2 Data Acquisition and Monitoring
12.6.3 Reservoir Sampling Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Reservoir Analysis Market Size Forecast by Applications
12.10.1 Onshore
12.10.2 Offshore
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Reservoir Analysis Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Reservoir Analysis Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Reservoir Analysis Market Size Forecast by Type
13.6.1 Reservoir Simulation and Geo Modeling
13.6.2 Data Acquisition and Monitoring
13.6.3 Reservoir Sampling Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Reservoir Analysis Market Size Forecast by Applications
13.10.1 Onshore
13.10.2 Offshore
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Reservoir Analysis Market: Competitive Dashboard
14.2 Global Reservoir Analysis Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schlumberger Limited DSM
14.3.2 GE(Baker Hughes)
14.3.3 Jiangxi East
14.3.4 Halliburton
14.3.5 SGS SA
14.3.6 Emerson Electric Co.
14.3.7 Geokinetics, Inc.
14.3.8 Core Laboratories
