The purpose of the report is to illustrate the state of the market of Exploration & Production (E&P) Software, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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Exploration & production (E&P) software refer to set of software solutions designed for the upstream segment of the overall oil & gas industry. These software are developed for a wide array of applications including seismic processing & imaging, mapping, data analysis, reservoir & geological modeling and production planning. Depleting oil & gas resources is one of the major factors fueling the overall E&P software market growth. Due to rapidly exhausting resources, there has emerged an extensive need for discovering new resources for extracting oil & gas products.
Some of the major players profiled in the report are Schlumberger Ltd., Paradigm B.V., Landmark Solutions, ION Geophysical Corporation, Exprodat Consulting Ltd., Baker Hughes, Inc., Weatherford International Plc., IHS, Inc., GE Oil & Gas, Computer Modelling Group Ltd., Emerson Electric Co., Kongsberg Gruppen ASA, Pason Systems Corp., Petroleum Experts Ltd., ETL Solutions Ltd., Ikon Science Limited, Peloton, RockFlow Dynamics, LLC, OVS Group LLC, P2 Energy Solutions and others.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Exploration & Production (E&P) Software buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Exploration & Production (E&P) Software contains:
Analysis and forecast of Exploration & Production (E&P) Software market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Exploration & Production (E&P) Software market;
Assessment and forecast of Exploration & Production (E&P) Software market development;
Financial and business profiles of the leading companies in the Exploration & Production (E&P) Software industry.
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– Up to date working Exploration & Production (E&P) Software data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Exploration & Production (E&P) Software for the period 2018 to 2026
– Planned Exploration & Production (E&P) Software additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Exploration & Production (E&P) Software projects by region, key countries, and companies
– Details of major planned Exploration & Production (E&P) Software projects in the world up to 2026
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