Market Research Report
Oilfield Exploration & Production Markets: A BCC Research Outlook
|Published by||BCC Research||Product code||807089|
|Published||Content info||270 Pages
Delivery time: 1-2 business days
|Oilfield Exploration & Production Markets: A BCC Research Outlook|
|Published: March 12, 2019||Content info: 270 Pages||
The global market for exploration and production should grow from $387.8 billion in 2018 to $530.8 billion by 2023 with a compound annual growth rate (CAGR) of 6.5% for the period of 2018-2023.
Production market should grow from $315.3 billion in 2018 to $434.6 billion by 2023 with a CAGR of 6.6% for the period of 2018-2023.
Exploration market should grow from $72.5 billion in 2018 to $96.2 billion by 2023 with a CAGR of 5.8% for the period of 2018-2023.
The scope of the report includes, a general outlook of oil & gas exploration and production sector, with the scope limited to reports published by BCC Research during the year 2017 and 2018. This report segments the market into two major sub-segments i.e. oil & gas exploration and oil & gas production.
The exploration segment explains the prevalent and upcoming technologies covering the qualitative aspects of the market in brief. The report divides the production market into technologies and components. Production technologies discussed in the report include enhanced oil recovery technology and Fracking technology. Detailed overview of these technologies coupled with relevant market data in terms of market size measured in dollar terms are provided. The Production components covered in this study include oilfield process chemicals and drill pipes. The scope is limited to the recent studies published by BCC Research and is thus not exhaustive.