DUBLIN--(BUSINESS WIRE)--The "Seismic Survey Market by Service (Data Acquisition (Land, Marine, and Air-Borne), Data Processing, and Interpretation), Technology (2D imaging, 3D imaging, and 4D imaging), and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.
The seismic survey market is expected to reach USD 9.28 billion by 2022
The main driving factors for the growth of the seismic survey market are the demand for seismic technology in brownfield projects and the use of seismic technology in shale gas exploration. The reduction in investments and budgets for exploration and production (E&P) due to the crash of oil prices would be a restraint for the seismic survey market.
The market for data processing and interpretation is expected to grow at a significant pace during the forecast period. The demand for data processing and interpretation is increasing as oil & gas companies utilize these software services to explore new hydrocarbon fields. The advances in technology are useful to operators and oil & gas service companies during the exploration of mature oilfields. Oil & gas companies are currently investing in fields that have already been explored with the help of data processing and interpretation. Thus, the demand for data processing and interpretation increases as oil & gas companies begin exploring brownfields projects.
There are untapped reserves of oil & gas in Africa. Oil & gas companies are investing in economical reserves due to the slump in oil prices. The demand for seismic surveys is expected to grow as unconventional reserves are explored. A majority of the oil production in Africa takes place in Nigeria, Egypt, Angola, and Algeria.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Seismic Survey Market, By Service
7 Seismic Survey Market, By Technology
8 Seismic Survey Market, By Region
9 Competitive Landscape
10 Company Profiles
- Agile Seismic, Llc
- Alpine Ocean Seismic Survey, Inc.
- BGP Inc., China National Petroleum Corporation
- Compagnie Generale De Geophysique, S.A.
- Dawson Geophysical Company
- Fugro N.V.
- Geospace Technologies Corporation
- Global Geophysical Services, Inc.
- Ion Geophysical Corporation
- New Resolution Geophysics (Nrg)
- Petroleum Geo-Services (Pgs)
- Pulse Seismic, Inc.
- Saexploration Holding, Inc.
- Schlumberger Limited-Westerngeco
- Seabird Exploration, Plc
- Tomlinson Geophysical Services, Inc
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