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Reservoir Analysis Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

November 2023 | 148 pages | ID: R73932C05D08EN
IMARC Group

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The global reservoir analysis market size reached US$ 9.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 14.5 Billion by 2028, exhibiting a growth rate (CAGR) of 8.07% during 2022-2028.

Reservoir analysis helps collect critical data from downhole temperature for subsea safety systems and evaluate the performance of an oil reservoir in real-time. It assists in determining water encroachment rates and flow-related properties of the fluids. It also helps explorers understand reservoir behavior for appropriate production procedures and optimize the recovery techniques. At present, it is widely employed in the oil and gas industry to enable better decision-making and get a full view of permeability, skin, and initial pressure of the reservoir.

Reservoir Analysis Market Trends:
With the decreasing discovery rate of new oil reserves, the focus has shifted to efficient development and evaluation of existing reserves. This, in confluence with the enactment of stringent laws by governing agencies of several countries for resource conservation and recovery, represents one of the key factors bolstering the market growth. Apart from this, the surging consumption of energy on account of rapid urbanization and the rising utilization of electronic appliances is positively influencing the use of reservoir analysis to enhance productivity and accuracy of oil and gas exploration projects. Moreover, the integration of advanced technologies, such as sensors, data acquisition, and amplitude preserving, is driving the demand for reservoir analysis as it aids in getting actionable data, automated measurements, and real-time monitoring statistics. Furthermore, several manufacturers are introducing innovative tools to improve their market presence and gain a competitive edge in the market. For instance, Probe Holdings, Inc., which is a leading oil and gas equipment manufacturer, launched a three-detector pulsed-neutron tool to diagnose production problems and locate bypassed pay zones. The tool uses sigma and carbon-oxygen (C/O) techniques to measure reservoir fluid saturation of oil, water, and gas accurately.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global reservoir analysis market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on service, reservoir type and end user.

Breakup by Service:

Reservoir Simulation and Geo Modeling
Reservoir Sampling Service
Data Acquisition and Monitoring

Breakup by Reservoir Type:

Conventional
Unconventional

Breakup by End User:

Onshore
Offshore

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Baker Hughes Company (General Electric Company), CGG, Core Laboratories N.V., Emerson Electric Co., Expro Group, Halliburton Company, Paradigm Group B.V., Probe Holdings Inc., Schlumberger Limited, SGS SA, Tracerco (Johnson Matthey Plc), Trican Well Service Ltd., and Weatherford International Ltd.

Key Questions Answered in This Report:
How has the global reservoir analysis market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global reservoir analysis market?
What are the key regional markets?
What is the breakup of the market based on the service?
What is the breakup of the market based on the reservoir type?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global reservoir analysis market and who are the key players?
What is the degree of competition in the industry?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL RESERVOIR ANALYSIS MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY SERVICE

6.1 Reservoir Simulation and Geo Modeling
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Reservoir Sampling Service
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3 Data Acquisition and Monitoring
  6.3.1 Market Trends
  6.3.2 Market Forecast

7 MARKET BREAKUP BY RESERVOIR TYPE

7.1 Conventional
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Unconventional
  7.2.1 Market Trends
  7.2.2 Market Forecast

8 MARKET BREAKUP BY END USER

8.1 Onshore
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Offshore
  8.2.1 Market Trends
  8.2.2 Market Forecast

9 MARKET BREAKUP BY REGION

9.1 North America
  9.1.1 United States
    9.1.1.1 Market Trends
    9.1.1.2 Market Forecast
  9.1.2 Canada
    9.1.2.1 Market Trends
    9.1.2.2 Market Forecast
9.2 Asia-Pacific
  9.2.1 China
    9.2.1.1 Market Trends
    9.2.1.2 Market Forecast
  9.2.2 Japan
    9.2.2.1 Market Trends
    9.2.2.2 Market Forecast
  9.2.3 India
    9.2.3.1 Market Trends
    9.2.3.2 Market Forecast
  9.2.4 South Korea
    9.2.4.1 Market Trends
    9.2.4.2 Market Forecast
  9.2.5 Australia
    9.2.5.1 Market Trends
    9.2.5.2 Market Forecast
  9.2.6 Indonesia
    9.2.6.1 Market Trends
    9.2.6.2 Market Forecast
  9.2.7 Others
    9.2.7.1 Market Trends
    9.2.7.2 Market Forecast
9.3 Europe
  9.3.1 Germany
    9.3.1.1 Market Trends
    9.3.1.2 Market Forecast
  9.3.2 France
    9.3.2.1 Market Trends
    9.3.2.2 Market Forecast
  9.3.3 United Kingdom
    9.3.3.1 Market Trends
    9.3.3.2 Market Forecast
  9.3.4 Italy
    9.3.4.1 Market Trends
    9.3.4.2 Market Forecast
  9.3.5 Spain
    9.3.5.1 Market Trends
    9.3.5.2 Market Forecast
  9.3.6 Russia
    9.3.6.1 Market Trends
    9.3.6.2 Market Forecast
  9.3.7 Others
    9.3.7.1 Market Trends
    9.3.7.2 Market Forecast
9.4 Latin America
  9.4.1 Brazil
    9.4.1.1 Market Trends
    9.4.1.2 Market Forecast
  9.4.2 Mexico
    9.4.2.1 Market Trends
    9.4.2.2 Market Forecast
  9.4.3 Others
    9.4.3.1 Market Trends
    9.4.3.2 Market Forecast
9.5 Middle East and Africa
  9.5.1 Market Trends
  9.5.2 Market Breakup by Country
  9.5.3 Market Forecast

10 SWOT ANALYSIS

10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 VALUE CHAIN ANALYSIS

12 PORTERS FIVE FORCES ANALYSIS

12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 PRICE ANALYSIS

14 COMPETITIVE LANDSCAPE

14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
  14.3.1 Baker Hughes Company (General Electric Company)
    14.3.1.1 Company Overview
    14.3.1.2 Product Portfolio
    14.3.1.3 Financials
    14.3.1.4 SWOT Analysis
  14.3.2 CGG
    14.3.2.1 Company Overview
    14.3.2.2 Product Portfolio
    14.3.2.3 Financials
    14.3.2.4 SWOT Analysis
  14.3.3 Core Laboratories N.V.
    14.3.3.1 Company Overview
    14.3.3.2 Product Portfolio
    14.3.3.3 Financials
    14.3.3.4 SWOT Analysis
  14.3.4 Emerson Electric Co.
    14.3.4.1 Company Overview
    14.3.4.2 Product Portfolio
    14.3.4.3 Financials
    14.3.4.4 SWOT Analysis
  14.3.5 Expro Group
    14.3.5.1 Company Overview
    14.3.5.2 Product Portfolio
  14.3.6 Halliburton Company
    14.3.6.1 Company Overview
    14.3.6.2 Product Portfolio
    14.3.6.3 Financials
    14.3.6.4 SWOT Analysis
  14.3.7 Paradigm Group B.V.
    14.3.7.1 Company Overview
    14.3.7.2 Product Portfolio
  14.3.8 Probe Holdings Inc.
    14.3.8.1 Company Overview
    14.3.8.2 Product Portfolio
  14.3.9 Schlumberger Limited
    14.3.9.1 Company Overview
    14.3.9.2 Product Portfolio
    14.3.9.3 Financials
    14.3.9.4 SWOT Analysis
  14.3.10 SGS SA
    14.3.10.1 Company Overview
    14.3.10.2 Product Portfolio
    14.3.10.3 Financials
  14.3.11 Tracerco (Johnson Matthey Plc)
    14.3.11.1 Company Overview
    14.3.11.2 Product Portfolio
  14.3.12 Trican Well Service Ltd.
    14.3.12.1 Company Overview
    14.3.12.2 Product Portfolio
    14.3.12.3 Financials
    14.3.12.4 SWOT Analysis
  14.3.13 Weatherford International Ltd.
    14.3.13.1 Company Overview
    14.3.13.2 Product Portfolio

LIST OF TABLES

Table 1: Global: Reservoir Analysis Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Reservoir Analysis Market Forecast: Breakup by Service (in Million US$), 2023-2028
Table 3: Global: Reservoir Analysis Market Forecast: Breakup by Reservoir Type (in Million US$), 2023-2028
Table 4: Global: Reservoir Analysis Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 5: Global: Reservoir Analysis Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Reservoir Analysis Market: Competitive Structure
Table 7: Global: Reservoir Analysis Market: Key Players

LIST OF FIGURES

Figure 1: Global: Reservoir Analysis Market: Major Drivers and Challenges
Figure 2: Global: Reservoir Analysis Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Reservoir Analysis Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Reservoir Analysis Market: Breakup by Service (in %), 2022
Figure 5: Global: Reservoir Analysis Market: Breakup by Reservoir Type (in %), 2022
Figure 6: Global: Reservoir Analysis Market: Breakup by End User (in %), 2022
Figure 7: Global: Reservoir Analysis Market: Breakup by Region (in %), 2022
Figure 8: Global: Reservoir Analysis (Simulation and Geo Modeling) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Reservoir Analysis (Simulation and Geo Modeling) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Reservoir Analysis (Sampling Service) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Reservoir Analysis (Sampling Service) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Reservoir Analysis (Data Acquisition and Monitoring) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Reservoir Analysis (Data Acquisition and Monitoring) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Reservoir Analysis (Conventional) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Reservoir Analysis (Conventional) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Reservoir Analysis (Unconventional) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Reservoir Analysis (Unconventional) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Reservoir Analysis (Onshore) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Reservoir Analysis (Onshore) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Reservoir Analysis (Offshore) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Reservoir Analysis (Offshore) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: North America: Reservoir Analysis Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: North America: Reservoir Analysis Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: United States: Reservoir Analysis Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: United States: Reservoir Analysis Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Canada: Reservoir Analysis Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Canada: Reservoir Analysis Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Asia-Pacific: Reservoir Analysis Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Asia-Pacific: Reservoir Analysis Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: China: Reservoir Analysis Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: China: Reservoir Analysis Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Japan: Reservoir Analysis Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Japan: Reservoir Analysis Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: India: Reservoir Analysis Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: India: Reservoir Analysis Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: South Korea: Reservoir Analysis Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: South Korea: Reservoir Analysis Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Australia: Reservoir Analysis Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Australia: Reservoir Analysis Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Indonesia: Reservoir Analysis Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Indonesia: Reservoir Analysis Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Others: Reservoir Analysis Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Others: Reservoir Analysis Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Europe: Reservoir Analysis Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Europe: Reservoir Analysis Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Germany: Reservoir Analysis Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Germany: Reservoir Analysis Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: France: Reservoir Analysis Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: France: Reservoir Analysis Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: United Kingdom: Reservoir Analysis Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: United Kingdom: Reservoir Analysis Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Italy: Reservoir Analysis Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Italy: Reservoir Analysis Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Spain: Reservoir Analysis Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Spain: Reservoir Analysis Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Russia: Reservoir Analysis Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Russia: Reservoir Analysis Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Others: Reservoir Analysis Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Others: Reservoir Analysis Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Latin America: Reservoir Analysis Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Latin America: Reservoir Analysis Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Brazil: Reservoir Analysis Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Brazil: Reservoir Analysis Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Mexico: Reservoir Analysis Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Mexico: Reservoir Analysis Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Others: Reservoir Analysis Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Others: Reservoir Analysis Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Middle East and Africa: Reservoir Analysis Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Middle East and Africa: Reservoir Analysis Market: Breakup by Country (in %), 2022
Figure 70: Middle East and Africa: Reservoir Analysis Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Global: Reservoir Analysis Industry: SWOT Analysis
Figure 72: Global: Reservoir Analysis Industry: Value Chain Analysis
Figure 73: Global: Reservoir Analysis Industry: Porter's Five Forces Analysis


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