Reservoir engineering is a branch of petroleum engineering that applies scientific principles to the drainage problems arising during the development and production of oil and gas reservoirs so as to obtain a high economic recovery.
The major factors that drives the market are increasing oil & gas production and growing need of numerical reservoir modelling, production forecasting, well testing, well drilling, workover planning and economic modelling. Moreover, it plays a central role in field development planning, recommending appropriate and cost-effective reservoir depletion which drives the Reservoir Engineering Market globally during the forecast period.
Over the next five years, it is projected that Reservoir Engineering will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Reservoir Engineering market by product type, application, key manufacturers and key regions.
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
To calculate the market size, it is considered value and volume generated from the sales of the following segments:
Segmentation by product type:
Segmentation by application:
Instrumentation & Automation
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Some Points From Table of Content:
1 Scope of the Report
2 Executive Summary
3 Global Reservoir Engineering by Players
4 Reservoir Engineering by Regions
8 Middle East & Africa
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