Global digital oil field market by services & geography – forecasts to 2022
Forecast of Global Digital OilField Market to 2022 Published Date: January 2013 No. of Pages: 344 Price: Single User: US$3800 Corporate User: US$7600
New Market Research Report on “Global Digital Oil Field Market” added toReportsnReports.comDigital oil field technology is a combination of IT and automation & instrumentationtechnologies, as an improvement of the existing technologies in the oil & gasindustry. This integrated operations technology makes the analysis faster andeasier with software involved in efficient data management, provides more realisticimage of the reservoir and the availability of resources, helps to optimize processrequired for production, and renders much safer operations with the inclusion ofremote surveillance and collaborated environments. Digital oil field technologyincludes segments of IT such as outsourcing, software services, and equipmentbased expenditure. Automation & instrumentation is another segment of digital oilfield market, which includes key networking processes and communicationtechnologies such as SCADA, PLC, smart well, safety systems, and wirelesssystems.Scope of the reportThis research report categorizes the global market for digital oil field on the basisof applications, service types, process types, and geography; forecasting revenueand analyzing trends in each of the submarkets. Request a sample of this report @ http://www.reportsnreports.com/contacts/RequestSample.aspx?name=215337. 2
Global Digital Oil Field Market By Services (Automation &Instrumentation, Information Technology) & Geography –Forecasts To 2022 Digital oil field is an integrated operation system that helps in reservoir optimization, production optimization, drilling and well completion, and other processes. The above mentioned are the process improved by the implementation of the technology. This smart field based technology reinvents production using new techniques such as creation of smart wells and establishing agile communication using remote surveillance & operating and high-end technology. Revival of the older methodologies in the oil & gas sector became essential to increase and minimize the deficit in supply. The high average age of oil & gas industry professionals indicated more retirements in the near future, resulting in reduction of man power in the industry; hence this was met by automated production platforms, intelligent machinery and systems. The safety factors proved to be high after installing digital oil field technology based machines and systems. These are the reasons which are driving the market apart from the regulations from government bodies in some parts of the world. Exploration for new and unconventional hydrocarbon sources has seen growth in the oil & gas sector. Some of the regions found high unconventional resources, the highest in the North American region. The usage of unconventional resource to complete the energy requirements is slowly rising along with the acceptance of such resources. Buy a copy of this report @ http://www.reportsnreports.com/Purchase.aspx?name=215337. 3
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