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Global Seismic Survey Market: Industry Analysis & Outlook (2017-2021)

Global Seismic Survey Market: Industry Analysis & Outlook (2017-2021)

Seismic wave research forms an important part of the oil exploration and production industry. These waves help in analyzing the ability to understand and predict earthquakes and tsunamis. Seismic waves also reveal information about the Earth's composition and features, and are therefore created artificially to locate oil, natural gas and minerals. A seismic survey is conducted by creating a shock wave i.e. a seismic wave, on the surface using an energy source, which are then recorded and analyzed by geologists.

Seismic surveys have become a major tool of exploration for both onshore and offshore. Seismic data is collected is mainly in 2D, 3D, and 4D forms. The global seismic market saw a slump post 2013 due to which the market suffered from heavy debts, decreased demand and slashed exploration budgets. But the market has now started to finally recover from the downturn and is expected to register moderate growth in the coming years.

The global seismic survey market growth will be driven by factors such as positive development in oil prices, increasing activity level both offshore & onshore, and strong regaining ocean seismic market. The global market currently is trending with vessel reactivation, sprouting contract seismic market, and increased converted contracts demand. However, the market will be challenged by ageing skilled human resource and high barriers to entry.

The report offers an in-depth analysis of the global seismic survey market. It also covers multi-client and contract seismic market as well. The top notch players in the market exhibit a very close competition. The report profiles CGG SA, Petroleum Geo-Services (PGS), TGS, and Polarcus Ltd."


1. Market Overview
1.1 Seismic Waves
1.2 Seismic Survey
Table 1: Working of a Seismic Survey
Table 2: Exploration & Production Workflow
1.3 Types of Seismic Survey
Table 3: Types of Seismic Survey
1.4 Phases of Seismic Survey
Table 4: Phases of Seismic Survey
1.5 Seismic Acquisition
Table 5: Classification of Seismic Acquisition
1.6 Multi-Client Seismic Market
1.7 Contract Seismic Market
2. Global Seismic Market Analysis
2.1 Global Seismic Market by Value
Table 6: Global Seismic Market by Value (2012-2016)
2.2 Global Seismic Market Forecast by Value
Table 7: Global Seismic Market Forecast by Value (2017-2021)
2.3 Global Seismic Market’s Net Debt/EBITDA
Table 8: Global Seismic Market’s Net Debt/EBITDA* (2012-2016)
2.4 Global Seismic Market’s Net Debt/EBITDA Forecast
Table 9: Global Seismic Market’s Net Debt/EBITDA* Forecast (2017-2021)
2.5 Global Seismic Fleet Market
2.5.1 Global Seismic Vessels and Streamers Volume
Table 10: Global Seismic Vessel and Streamer Volume (2012-2016)
2.5.2 Global Seismic Vessels and Streamers Volume Forecast
Table 11: Global Seismic Vessels and Streamers Volume Forecast (2017-2021)
2.5.3 Global Seismic Active Fleet Utilization Forecast
Table 12: Global Seismic Active Fleet Utilization Forecast (2016-2021)
2.5.4 Global Seismic Fleet’s Supply and Demand Situation
Table 13: Global Seismic Fleet’s Supply and Demand Situation (2012-2016)
2.5.5 Global Seismic Streamer Efficiency and Acreage Coverage
Table 14: Global Seismic Streamer Efficiency and Acreage Coverage (2012-2016)
2.5.6 Global Seismic Streamer Efficiency and Acreage Coverage Forecast
Table 15: Global Seismic Streamer Efficiency and Acreage Coverage Forecast (2017-2021)
2.5.7 Global Seismic Vessel’s Regional Operation Share
Table 16: Global Seismic Vessel’s Regional Operation Share (2012/2016)
3. Global Multi-Client & Contract Seismic Market Analysis
3.1 Global Multi-Client Seismic Market
3.1.1 Global Multi-Client Seismic Market by Value
Table 17: Global Multi-Client Seismic Market by Value (2012-2016)
3.1.2 Global Multi-Client Seismic Market Forecast by Value
Table 18: Global Multi-Client Seismic Market Forecast by Value (2017-2021)
3.2 Global Contract Seismic Market
3.2.1 Global Contract Seismic Market by Value
Table 19: Global Contract Seismic Market by Value (2012-2016)
3.2.2 Global Contract Seismic Market Forecast by Value
Table 20: Global Contract Seismic Market Forecast by Value (2017-2021)
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Positive Development in Oil Prices
Table 21: Global Oil Prices (2012-2021E)
4.1.2 Increasing E&P Spending
Table22: Global E&P Spending (2012-2021E)
4.1.3 Activity Level Picking up in Seismic Market
Table 23: Tendering Activity Outlook in Seismic Market (2016-2017)
4.1.4 Strong Regaining Ocean Bottom Seismic (OBS) Market
Table 24: Global OBS Market by Value (2012-2018E)
Table 25: OBS Market’s Contract Status (2016-2018E)
4.1.5 Economic Growth
Table 26: GDP Growth in the US (2012-2016)
4.2 Trends & Developments
4.2.1 Vessel Reactivation
Table 27: Stacked Vessels as % of Total Seismic Fleet Globally (2014-2021E)
4.2.2 Sprouting Contract Seismic Market Activity
Table 28: Global Contract Seismic Market Outlook (February 2017)
4.2.3 Increasing Trend of Converted Contracts
Table 29: Global Multi-Client Prefunding Market by Value (2012-2016)
4.2.4 Continued High Multi-Client Allocation
Table 30: Multi-Client Allocation in % of Total Streamer Allocation Globally (2012-2016)
4.3 Challenges
4.3.1 Fluctuating Oil Prices
4.3.2 Ageing Skilled Human Resource
4.3.3 High Barriers to Entry
5. Competitive Landscape
5.1 Global Seismic Market
5.1.1 Revenue Comparison
Table 31: Global Seismic Market Player’s Revenue Comparison (2016)
5.1.2 MC Investment and Sales Comparison
Table 32: Global Multi-Client Investment & Sales Comparison by Major Players (2016)
5.1.3 Global Seismic 3D Fleet Market Share
Table 33: Global Seismic 3D Fleet Market Share (2016)
5.1.4 Global Seismic Active 3D Fleet Market Share
Table 34: Global Seismic Active 3D Fleet Market Share (2016)
5.1.5 Global Contract Seismic Market Share
Table 35: Global Contract Seismic Market Share (2014-2016)
6. Company Profiles
6.1 CGG SA
6.1.1 Business Overview
Table 36: Seismic Vessels Operated by CGG SA (2016)
Table 37: CGG SA’s Revenue Share by Business Segments (2016)
6.1.2 Financial Overview
Table 38: CGG SA’s Revenue and Net Income (2012-2016)
6.1.3 Business Strategies
6.2 Petroleum Geo-Services (PGS)
6.2.1 Business Overview
Table 39: Overview of PGS’s Business Segments
Table 40: PGS’s Revenue Share by Business Segments (2016)
6.2.2 Financial Overview
Table 41: PGS’s Revenue and Net Income (2013-2016)
6.2.3 Business Strategies
6.3 TGS
6.3.1 Business Overview
Table 42: TGS Revenue Share by Business Segment (2016)
6.3.2 Financial Overview
Table 43: TGS Revenue and Net Income (2012-2016)
6.3.3 Business Strategies
6.4 Polarcus Ltd.
6.4.1 Business Overview
Table 44: Polarcus Ltd. Revenue Share by Business Units (2016)
6.4.2 Financial Overview
Table 45: Polarcus Ltd.’s Revenue and Net Profit (2012-2016)
6.4.3 Business Strategies

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