Exploration & Production (E&P) Software Market By Operation ( Onshore, Offshore ), By Deployment (On-Premise E&P Software, Hosted E&P Software ), By Application (Reservoir Engineering, Drilling & Production) – Growth, Future Prospects And Competitive Analysis 2015 - 2025
Exploration is the process of determining new oil and gas reservoirs trapped under the Earth’s surface; whereas production is the procedure of obtaining those hidden resources for further processing/refining, marketing and use. This makes the overall exploration & production (E&P) a highly crucial and capital intensive process in the oil & gas sector. E&P software is defined as a set of software solutions developed specifically for the upstream segment of the oil & gas industry. These are designed to cater to a wide range of applications in the upstream sector including seismic processing & imaging, mapping, data analysis, reservoir & geological modeling and production planning. Using E&P software enables the oil & gas companies to better analyze the geological data for more accurate modeling and production planning.
The most significant factor propelling the market growth is the steadily rising expenditure over E&P processes. Rapidly exhausting oil & gas reserves has led to a significant rise in the E&P spending. Oil & gas companies are now more inclined towards effort-free operations, thereby uplifting the demand for simulation software. Using E&P software helps these companies manage their E&P budget more efficiently. Despite the slump in the oil & gas sector in 2009, the E&P sector has been witnessing steady growth since the past 4-5 years. Subsequently, E&P software has been witnessing consistent growth for the recent years. Since the E&P software represent a small portion of the overall E&P expenditure, fluctuating oil & gas industry has relatively lower impact on the market growth.
The report titled “Global Exploration & Production (E&P) Software Market- Growth, Future Prospects and Competitive Analysis, 2017 – 2025” offers strategic insights into the global E&P software market along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of market segments based on deployment model, operation type, application and cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities.
In order to help strategic decision makers, the report also includes competitive profiling of the leading E&P software vendors, their business strategy analysis, market positioning and key developments. Some of the major players profiled in the report are Schlumberger Ltd., Paradigm B.V., Landmark Solutions, ION Geophysical Corporation, Exprodat Consulting Ltd., Baker Hughes, Inc., Weatherford International Plc., IHS, Inc., GE Oil & Gas, Computer Modelling Group Ltd., Emerson Electric Co., Kongsberg Gruppen ASA, Pason Systems Corp., Petroleum Experts Ltd., ETL Solutions Ltd., Ikon Science Limited, Peloton, RockFlow Dynamics, LLC, OVS Group LLC, P2 Energy Solutions and others. Other in-depth analysis provided in the report includes:
- Current and future market trends to justify the forthcoming attractive markets within the E&P software industry
- Market fuelers, market impediments, and their impact on the market growth
- In-depth competitive environment analysis
- Trailing 2-Year market size data (2015 – 2016)
- SRC (Segment-Region-Country) Analysis
Overall, the research study provides a holistic view of the global E&P software market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.
Based on the deployment model, the global exploration & production (E&P) software market is segmented into following categories:
- On-premise E&P Software
- Hosted E&P Software
As of 2016, the global E&P software market was led by the on-premise deployment model segment contributing to more than sixty percent of the total market revenue. The on-premise deployment model consists a complete solution including hardware and software required for E&P software setup. This makes on-premise mode of deployment costlier as compared to the other modes of deployment. Many of the mid-sized E&P software vendors still lack a seamless cloud infrastructure.
As a result, major offerings in the market are based on the on-premise deployment model. However, due to immense advantages over on-premise deployment, hosted E&P software segment would exhibit the highest growth during the forecast period. E&P companies are now increasingly looking towards reducing their IT costs. This has forced the E&P software vendors to arrange for the required cloud infrastructure.
Based on the geography, the global exploration & production (E&P) software market is segmented as per following regions and countries:
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Rest of Europe
- Asia Pacific
- Japan
- China
- South Asia
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- GCC countries
- South Africa
- Rest of MEA
- Latin America
- Brazil
- Mexico
- Rest of Latin America
The global E&P software market is dominated, in terms of revenue and adoption, by the North America region. The region is mainly backed by the U.S. having strong adoption of information technology across the oil & gas sector. The nation enjoys presence of larger number of software companies operating in the overall oilfield services sector. This has significantly facilitated the E&P software growth here. Despite the slowdown in oil & gas sector here, the expenditure over E&P processes have had relatively smaller impact.
Subsequently, the market has been witnessing consistent growth in the region since the past 4-5 years. Europe follows North America, in terms of revenue and adoption, accounting for the second largest share, worldwide. The two regions, collectively, are estimated to retain their dominant position in the market throughout the forecast period. Asia Pacific and Middle East & Africa are estimated to register the highest growth in the coming years.
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global E&P Software Market
2.2 Global E&P Software Market, By Operation Type
2.3 Global E&P Software Market, By Deployment Model
2.4 Global E&P Software Market, By Application
2.5 Global E&P Software Market, By Geography
Chapter 3 Market Dynamics
3.1 Product Insights and Market Overview
3.1.1 Global E&P Software Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
3.2 Key Market Trends and Future Outlook
3.3 Market Drivers
3.4 Market Growth Inhibitors
3.4.1 Impact Analysis of Drivers and Restraints
3.5 Attractive Investment Proposition
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Vendors
3.6.2 Key Strategies adopted by the Leading Players
Chapter 4 Global E&P Software Market Analysis, by Operation Type
4.1 Market Analysis
4.2 Onshore
4.3 Offshore
Chapter 5 Global E&P Software Market Analysis, by Deployment Model
5.1 Market Analysis
5.2 On-premise E&P Software
5.3 Hosted E&P Software
Chapter 6 Global E&P Software Market Analysis, by Application
6.1 Market Analysis
6.2 Seismic Processing & Imaging
6.3 Data Interpretation & Modeling
6.4 Reservoir Engineering
6.5 Drilling & Production
Chapter 7 North America E&P Software Market Analysis
7.1 Overview
7.2 North America E&P Software Market Analysis, By Operation Type, 2015 – 2025
7.2.1 Market Analysis
7.3 North America E&P Software Market Analysis, By Deployment Model, 2015 – 2025
7.3.1 Market Analysis
7.4 North America E&P Software Market Analysis, By Application, 2015 – 2025
7.4.1 Market Analysis
7.5 North America E&P Software Market Analysis, By Region, 2015 – 2025
7.5.1 U.S.
7.5.2 Canada
Chapter 8 Europe E&P Software Market Analysis
8.1 Overview
8.2 Europe E&P Software Market Analysis, By Operation Type, 2015 – 2025
8.2.1 Market Analysis
8.3 Europe E&P Software Market Analysis, By Deployment Model, 2015 – 2025
8.3.1 Market Analysis
8.4 Europe E&P Software Market Analysis, By Application, 2015 – 2025
8.4.1 Market Analysis
8.5 Europe E&P Software Market Analysis, By Region, 2015 – 2025
8.5.1 U.K.
8.5.2 Germany
8.5.3 France
8.5.4 Rest of Europe
Chapter 9 Asia Pacific E&P Software Market Analysis
9.1 Overview
9.2 Asia Pacific E&P Software Market Analysis, By Operation Type, 2015 – 2025
9.2.1 Market Analysis
9.3 Asia Pacific E&P Software Market Analysis, By Deployment Model, 2015 – 2025
9.3.1 Market Analysis
9.4 Asia Pacific E&P Software Market Analysis, By Application, 2015 – 2025
9.4.1 Market Analysis
9.5 Asia Pacific E&P Software Market Analysis, By Region, 2015 – 2025
9.5.1 China
9.5.2 Japan
9.5.3 South Asia
9.5.4 Rest of Asia Pacific
Chapter 10 Middle East & Africa (MEA) E&P Software Market Analysis
10.1 Overview
10.2 MEA E&P Software Market Analysis, By Operation Type, 2015 – 2025
10.2.1 Market Analysis
10.3 MEA E&P Software Market Analysis, By Deployment Model, 2015 – 2025
10.3.1 Market Analysis
10.4 MEA E&P Software Market Analysis, By Application, 2015 – 2025
10.4.1 Market Analysis
10.5 MEA E&P Software Market Analysis, By Region, 2015 – 2025
10.5.1 GCC
10.5.2 South Africa
10.5.3 Rest of MEA
Chapter 11 Latin America E&P Software Market Analysis
11.1 Overview
11.2 Latin America E&P Software Market Analysis, By Operation Type, 2015 – 2025
11.2.1 Market Analysis
11.3 Latin America E&P Software Market Analysis, By Deployment Model, 2015 – 2025
11.3.1 Market Analysis
11.4 Latin America E&P Software Market Analysis, By Application, 2015 – 2025
11.4.1 Market Analysis
11.5 Latin America E&P Software Market Analysis, By Region, 2015 – 2025
11.5.1 Brazil
11.5.2 Mexico
11.5.3 Rest of Latin America
Chapter 12 Company Profiles
12.1 Schlumberger Ltd.
12.2 Paradigm B.V.
12.3 Landmark Solutions
12.4 ION Geophysical Corporation
12.5 Exprodat Consulting Ltd.
12.6 Baker Hughes, Inc.
12.7 Weatherford International Plc.
12.8 IHS, Inc.
12.9 GE Oil & Gas
12.10 Computer Modelling Group Ltd.
12.11 Emerson Electric Co.
12.12 Kongsberg Gruppen ASA
12.13 Pason Systems Corporation
12.14 Petroleum Experts Ltd.
12.15 ETL Solutions Ltd.
12.16 Ikon Science Ltd.
12.17 Peloton
12.18 RockFlow Dynamics, LLC.
12.19 OVS Group LLC
12.20 P2 Energy Solutions
Note :
Profiles of specific players, if required, shall be added to the report upon request
TABLE 1 Market Snapshot: Global E&P Software Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America E&P Software Market Revenue, By Operation Type, 2015 – 2025 (US$ Mn)
TABLE 5 North America E&P Software Market Revenue, By Deployment Model, 2015 – 2025 (US$ Mn)
TABLE 6 North America E&P Software Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 7 Europe E&P Software Market Revenue, By Operation Type, 2015 – 2025 (US$ Mn)
TABLE 8 Europe E&P Software Market Revenue, By Deployment Model, 2015 – 2025 (US$ Mn)
TABLE 9 Europe E&P Software Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 10 Asia Pacific E&P Software Market Revenue, By Operation Type, 2015 – 2025 (US$ Mn)
TABLE 11 Asia Pacific E&P Software Market Revenue, By Deployment Model, 2015 – 2025 (US$ Mn)
TABLE 12 Asia Pacific E&P Software Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 13 MEA E&P Software Market Revenue, By Operation Type, 2015 – 2025 (US$ Mn)
TABLE 14 MEA E&P Software Market Revenue, By Deployment Model, 2015 – 2025 (US$ Mn)
TABLE 15 MEA E&P Software Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 16 Latin America E&P Software Market Revenue, By Operation Type, 2015 – 2025 (US$ Mn)
TABLE 17 Latin America E&P Software Market Revenue, By Deployment Model, 2015 – 2025 (US$ Mn)
TABLE 18 Latin America E&P Software Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 19 Schlumberger Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 20 Paradigm B.V.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 21 Landmark Solutions: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 22 ION Geophysical Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 23 Exprodat Consulting Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 24 Baker Hughes, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 25 Weatherford International Plc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 26 IHS, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 27 GE Oil & Gas: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 28 Computer Modelling Group Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 29 Emerson Electric Co.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 30 Kongsberg Gruppen ASA: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 31 Pason Systems Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 32 Petroleum Experts Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 33 ETL Solutions Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 34 Ikon Science Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 35 Peloton: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 36 RockFlow Dynamics, LLC.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 37 OVS Group LLC: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 38 P2 Energy Solutions: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
FIG. 1 Global Exploration & Production (E&P) Software: Market Segmentation
FIG. 2 Global E&P Software Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global E&P Software Market, By Operation Type, 2016 (US$ Mn)
FIG. 5 Global E&P Software Market, By Deployment Model, 2016 (US$ Mn)
FIG. 6 Global E&P Software Market, By Application, 2016 (US$ Mn)
FIG. 7 Global E&P Software Market, By Geography, 2016 (US$ Mn)
FIG. 8 Global E&P Software Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
FIG. 9 Attractive Investment Proposition
FIG. 10 Market Positioning of Key E&P Software Vendors, 2016
FIG. 11 Global E&P Software Market Revenue Contribution, By Operation Type, 2016 & 2025 (Value %)
FIG. 12 Global E&P Software Market Revenue for Onshore Operation, 2015 – 2025, (US$ Mn)
FIG. 13 Global E&P Software Market Revenue for Offshore Operation, 2015 – 2025, (US$ Mn)
FIG. 14 Global E&P Software Market Revenue Contribution, By Deployment Model, 2016 & 2025 (Value %)
FIG. 15 Global On-premise E&P Software Market Revenue, 2015 – 2025 (US$ Mn)
FIG. 16 Global Hosted E&P Software Market Revenue, 2015 – 2025 (US$ Mn)
FIG. 17 Global E&P Software Market Revenue Contribution, By Application, 2016 & 2025 (Value %)
FIG. 18 Global E&P Software Market Revenue from Seismic Processing & Imaging, 2015 – 2025 (US$ Mn)
FIG. 19 Global E&P Software Market Revenue from Data Interpretation & Modeling, 2015 – 2025 (US$ Mn)
FIG. 20 Global E&P Software Market Revenue from Reservoir Engineering, 2015 – 2025 (US$ Mn)
FIG. 21 Global E&P Software Market Revenue from Drilling & Production, 2015 – 2025 (US$ Mn)
FIG. 22 North America E&P Software Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 23 Europe E&P Software Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 24 Asia Pacific E&P Software Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 25 MEA E&P Software Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 26 Latin America E&P Software Market Revenue, 2015 – 2025, (US$ Mn)
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