Microseismic monitoring provides detailed information about the microseismicity of an area and how a rock is responding to mining or oil & gas production activities. It leads to increased efficiency and optimized operations. It is a valuable tool in understanding what a hydraulic fracture is doing in real time. Microseismic technology is significantly used in reservoir monitoring and domestic mining production monitoring abroad. It is an essential technology to enhance oil & gas production in exploration and development. Shale gas development depends primarily on large-scale fracturing through the establishment of long and wide artificial fractures that connect a large number of very complex fracture networks, thereby increasing the pressure relief area. Microseismic monitoring technology plays a significant role in understanding artificial fracture geometry, improving measures of increasing production, and monitoring the effect of adding more wells.
In 2018, the global Microseismic Monitoring Technology market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Microseismic Monitoring Technology status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Microseismic Monitoring Technology development in United States, Europe and China.
The key players covered in this study
Schlumberger Limited
ESG Solutions
Halliburton Company
MicroSeismic, Inc.
Geospace Technologies Corporation
ION Geophysical Corporation
Landtech Geophysics Ltd.
Weir-Jones Group
Guralp Systems Limited
Fairfield Geotechnologies
Market segment by Type, the product can be split into
Hardware
Software
Services
Market segment by Application, split into
Mining
Oil & Gas
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Microseismic Monitoring Technology status, future forecast, growth opportunity, key market and key players.
To present the Microseismic Monitoring Technology development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Microseismic Monitoring Technology are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Microseismic Monitoring Technology . Industry analysis & Market Report on Microseismic Monitoring Technology is a syndicated market report, published as Global Microseismic Monitoring Technology Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Microseismic Monitoring Technology market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.