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Reservoir Analysis Market to Reach USD 11.96 Billion by 2026 Driven by Increasing Oil and Gas Exploration Activities, says Fortune Business Insights™

Written by Customer Service on . Posted in Mergers And Acquisitions.

Pune, April 17, 2020 (GLOBE NEWSWIRE) — The global reservoir analysis market size is projected to reach USD 11.96 billion by the end of 2026. The increasing oil and gas exploration activities will have a direct impact on the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled “Reservoir Analysis Market Size, Share & Industry Analysis, By Service (Geo-modelling & Reservoir Simulation, Data Acquisition & Monitoring, and Reservoir Sampling), By Application (Onshore and Offshore), and Regional Forecast, 2019-2026,” the market was worth USD 8.18 billion in 2018 and will exhibit a CAGR of 4.9% during the forecast period,
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