Research and Markets has announced the addition of the "Global Offshore Oil and Gas Seismic Equipment and Acquisitions Market 2016-2020" report to their offering.

The global offshore oil and gas seismic equipment and acquisitions market to grow at a CAGR of 7.74% during the period 2016-2020.

Global Offshore Oil and Gas Seismic Equipment and Acquisitions Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, one driver in the market is increase in E&P activities post seismic survey. Finding and developing resources to meet the global demand for oil and gas have been a challenge for the E&P companies. In the early days, deciding where to drill was based on the surface geology and hunch and these were called wildcat drilling. Such drilling was expensive, results unpredictable, and in some of the cases the impact on the environment was devastating.

Later, companies started to use scientific knowledge to undertake drilling activities. They used techniques such as geological mapping, geo chemical analysis, and seismic surveys technologies. As an exploration technique, seismic surveys were remarkably successful. Experts consider 3D seismic survey as a top technology that had a greater impact on the E&P industry. After the implementation of the 3D seismic survey technology, the success rate of drilling a well has increased by 70%.

Key Vendors:

  • SeaBird Exploration
  • PGS
  • PLCS
  • CGG
  • Schlumberger WesternGeco

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by type and services

Part 07: Geographical segmentation

Part 08: Market drivers

Part 09: Impact of drivers

Part 10: Market challenges

Part 11: Impact of drivers and challenges

Part 12: Market trends

Part 13: Vendor landscape

Part 14: Key vendor analysis

Part 15: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/3f228d/global_offshore