Oil and Gas Market (Onshore, Offshore) Global Forecasts to 2019 in New Research Reports
Feb 16, 2015, 06:30 ET
DALLAS, February 16, 2015 /PRNewswire/ --
SandlerResearch.org adds Global Onshore Oil and Gas Market 2015-2019 as well as Global Offshore Oil and Gas Market 2015-2019 research reports to the oil & gas, energy and power industry intelligence collection of its library.
Key players in the Global Onshore Oil and Gas Market include BP plc, Chevron Corp., ExxonMobil Corp., Royal Dutch Shell plc and Total SA. Other Prominent Vendors in this industry are ConocoPhillips, Eni, Petrobras and Statoil. Advances in technology in onshore oil and gas production is one of the majorv trends in this market as through improvements in production output, redeveloping existing oilfields, facilitating production from unconventional resources such as shale formations, and enhancing well management. Advances in drilling techniques, the development and determination of reserves, well log interpretation, the development of well simulation models, and intelligent well completion technology will significantly increase the onshore production of oil and gas. Complete report on the worldwide onshore oil and gas industry for 2015 - 2019 is available at http://www.sandlerresearch.org/global-onshore-oil-and-gas-market-2015-2019.html .
According to the report, one of the major drivers of this market is the increased demand for oil and gas worldwide, which will encourage a substantial investment in E&P activities to meet this growing demand. The increased demand for oil and gas will drive substantial investment in state-of-the-art technology-enhanced oil recovery, thus ensuring high oil production.
Further, the report states that one of the main challenges confronting the market is the political instability in the Middle East, which affects investment in the region. This directly affects the capital returns and hinders the growth of the Global Onshore Oil and Gas market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Order a copy of this onshore oil and gas market research at http://www.sandlerresearch.org/purchase?rname=31192 .
Offshore oil and gas production refers to the oil and gas extraction process that takes place mostly in the seabed and oceans. Oil and gas are extracted from the wells and transferred through ships and pipelines to refineries. With the increased depletion of onshore oil and gas resources, offshore resources experienced a greater demand in the supply of oil and gas. The growing interest in the offshore resources is explained by the fact that over the last 20 years, the number of large offshore discoveries has been greater than the onshore oil and gas explorations. The Global Offshore Oil and Gas market is segmented into two types based on the type of drilling activity: Shallow Water Drilling and Deep Water Drilling. The offshore drilling activity that takes place in a range of 0-650 feet comes under shallow water drilling, and drilling activity beyond 650 feet is categorized as deep water drilling.
The research on worldwide offshore oil and gas market forecasts the global offshore oil market and the global offshore gas market to grow at 2.7% and 1.9% CAGR, respectively, over the period 2014-2019. The research has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Offshore Oil and Gas market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Companies mentioned in this offshore oil and gas industry report include BP, Chevron, ExxonMobil, Royal Dutch Shell, Total, ConocoPhillips, Eni, Petrobras and Statoil. Exhausting onshore oil reserves, environmental concerns and rapid technological advancements are some of the major points discussed in this research. Questions like what will the market size be in 2019 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors? for the offshore oil and gas market are answered in this report.
Order a copy of global offshore oil and gas market 2015-2019 research report at http://www.sandlerresearch.org/purchase?rname=31063 .
Explore more reports on the oil and gas industry at http://www.sandlerresearch.org/market-research/energy-power/oil-gas .
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