Oil & Gas Reservoir Monitoring System Market 2017 Oil & Gas Reservoir Monitoring System Market - Glo | Page 2

communication monitoring system uses telemetry systems to measure pressure,
temperature, and other parameters. It then sends these measurements to the
surface with the help of various technologies such as acoustics, sonic, and pressure
pulse. Based on location, the oil & gas reservoir monitoring system market can also
be divided into onshore and offshore reservoirs
Based on region, the oil & gas reservoir monitoring system market can be classified
into North America, Latin America, Middle East & Africa, Europe, and Asia Pacific.
North America is expected to dominate the global oil & gas reservoir monitoring
system market in the near future. The U.S. is anticipated to account for the leading
share of the market due to the ongoing shale activities in the country. Middle East &
Africa is estimated to follow North America; the oil & gas reservoir monitoring
system market in the region is projected to expand at a moderate pace in the near
future. The oil & gas reservoir monitoring system market in Asia Pacific is likely to
expand at a fast pace during the forecast period due to the increase in oil & gas
exploration and production activities in the region.
Key players operating in the oil & gas reservoir monitoring system market include
Halliburton Co., Weatherford International Limited, CGG SA, Petrospec Engineering,
Schlumberger Limited, Baker Hughes Inc., Multi-Chase Group, OCTIO AS, and Roxar
Software Solutions AS.
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