Crude Oil And Natural Gas Market Global Briefing 2018Including: Crude Oil, Natural Gas Covering: Saudi Aramco, Kuwait Petroleum Corp., Rosneft, ADNOC, Iraq Ministry of Oil, National Iranian Oil Company, Exxon Mobil Corp., Statoil, Royal Dutch Shell, BP Plc
Crude Oil And Natural Gas extraction companies around the world are investing heavily in digital oilfield technology to enhance crude oil and natural gas production. Digital oil fields integrate advanced software, hardware, and data analysis techniques to collect real-time data from the oilfield. They consist of visualization, product surveillance, integrated decision making, and remote communication systems. Digital technologies in oil fields include high-performance drill bits, advanced electrical submersible pumps, and 3D seismic imaging and reservoir modelling. Oilfields digitization facilitates efficient utilization of human resources and thus optimizes the profitability of oil production. This technology is changing the competitive landscape with a fact that an increase in production efficiency by ten percentage points can yield an impact of $220 million to $260 million on the bottom-line. According to IHS CERA, digital oilfield implementation leads to increase in oil production by 2 to 8%and reduction in operating expense by 5 to 25%.
Crude Oil And Natural Gas market global briefing provides strategists, marketers and senior management with the critical information they need to assess the global crude oil and natural gas sector.
Reasons to Purchase
- Get up to date information available on the crude oil and natural gas market globally.
- Identify growth segments and opportunities.
- Facilitate decision making on the basis of historic (2013-17) and forecast (2017-21) data and understand the drivers and restraints on the market.
- Develop strategies based on likely future developments.
- Gain a global perspective on the development of the market.
Crude Oil And Natural Gas market global briefing report from The Business Research Company covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market.
The market characteristics section of the report defines and explains the market.
The market size section gives the oil and gas market revenues, covering both the historic growth of the market and forecasting the future. Drivers and restraints looks at the external factors supporting and controlling the growth of the market.
Market segmentations break down the key sub sectors which make up the market. The regional breakdowns section gives the size of the market geographically.
Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in the last three years are identified.
The trends and strategies section highlights the likely future developments in the crude oil and natural gas market and suggests approaches. Scope
Markets Covered: Crude Oil, Natural Gas
Companies Mentioned: Saudi Aramco, Kuwait Petroleum Corp., Rosneft, ADNOC, Iraq Ministry of Oil, National Iranian Oil Company, Exxon Mobil Corp., Statoil, Royal Dutch Shell, BP Plc
Geographic scope: Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Time series: Five years historic (2013-17) and forecast (2017-21).
Data: Market value in $ billions.
Data segmentations: Regional breakdowns, market share of competitors, key sub segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.