DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Seismic Services Market - Market Analysis by Geography, Nature of Location and Application, Competitive Landscape, Key Company Information - Growth Trends and Forecasts (2014-2020)" report to their offering.
The Global Seismic Services Market is estimated to grow at a CAGR of 12.1% from 2014 to 2020.
Micro Seismic Technology is used to find significant information about oil and natural gas bearing structures in increasingly challenging areas. Oil and gas companies use seismic surveys to map and interpret potential petroleum reserves. It provides important information on reservoirs, which is not obtainable from any other source, and helps in optimizing production.
North America is leading the market for micro seismic services with United States of America being the major market in the region. This regions market would be primarily driven by increasing offshore exploration in Gulf of Mexico and Shale Boom. The North Sea region presents a decent market opportunity for micro seismic services as its new exploration activity is at an all-time high primarily because of the decreasing production levels over past few years and going into much deeper waters to find new oil and gas reserves.
The major trend driving the seismic services market is increasing exploration activity because of raise in demand for energy and petrochemicals. With exploration activity moving ever deeper and into more complex reservoirs, the challenge of extracting commercial amounts of oil and gas is growing all the time.
1. Executive Summary
2. Research Methodology
3. Markets Covered
4. Market Overview
5. Drivers, Constraints and Opportunities
6. Seismic services value Chain Analysis
7. Seismic Services Analysis, by application
8. Seismic Services Analysis, by type of deployment
9. Seismic Services Analysis, by Geography
10. Key Company Analysis
11. Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/tfghm8/global_seismic