Exploration and Production (E&P) Software Market to See Huge Growth by 2027 : Peloton, Exprodat, Schlumberger
Research Reports
Apr 05, 2022
Advance Market Analytics published a new research publication on “Exploration and Production (E&P) Software Market Insights, to 2027″ with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Exploration and Production (E&P) Software market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in the study are:
Baker Hughes Incorporated (United States), Computer Modelling Group Ltd. (Canada), Emerson Electric Co. (United States), Exprodat(United Kingdom), Pason Systems Corp. (Canada), Halliburton Company (United States), Interactive Network Technologies, Inc. (United States), Ikon Science Limited (United Kingdom), Schlumberger Limited (United States), Peloton (United States).
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Scope of the Report of Exploration and Production (E&P) Software
Exploration and development software is a category of software developed for the oil and gas industry as a whole. This programme enables the user to comprehend and interpret seismic data, perform well interaction, and create simulation-ready reservoir models. It also generates maps, evaluates volumes, and designs advanced reservoir exploitation techniques, as well as visualizing and providing simulation performance. The demand for E&P applications is being driven by increasing digitalization in the oil and gas and energy sectors. In the energy sector, digitalization has paved the way for sophisticated systems to improve mobility, monitoring, networking, and storage technologies, as well as to process and analyse data quickly, increase agility, and support real-time decision making. This is a significant factor that will drive the global exploration and production (E&P) software industry forward. Furthermore, customers are demanding greater accountability from energy producers in areas such as pollution and hydrocarbon sources, which is driving up oil and gas companies’ technological maturity adoption.
August 2020 – Emerson announced that Jaguar Exploración y Producción (Jaguar), an independent oil and gas company based in Mexico City, will use its exploration and production (E&P) software and services to maximize the potential of Jaguar’s onshore assets and projects.
The titled segments and sub-section of the market are illuminated below:
by Type (Risk Management Mapping, Seismic Amplitude Analysis, Portfolio Aggregation, Performance Tracking, Navigation Systems, Resource Valuation, Others), Application (Oil & Gas, Mine & Metallurgy, Other), Deployment Mode (On-Premises, Cloud-Based), End-Use (On-shore, Off-shore)
Market Trends:
Cloud Based Technology
Increasing Demand as it Provide Tentative Result Based on the Data Available
Opportunities:
Increased Investment in the Oil and Gas Industry
Market Drivers:
Growing Digitalization in the Oil & Gas and Energy Sectors
Increased Mobility, Surveillance, Connectivity, and Storage Technologies, Processing And Analyzing Data Rapidly
Roadblocks:
Data Privacy and Security Issue
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Exploration and Production (E&P) Software Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Exploration and Production (E&P) Software market
Chapter 2: Exclusive Summary – the basic information of the Exploration and Production (E&P) Software Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Exploration and Production (E&P) Software
Chapter 4: Presenting the Exploration and Production (E&P) Software Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Exploration and Production (E&P) Software market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, Exploration and Production (E&P) Software Market is a valuable source of guidance for individuals and companies.
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