Dublin, Feb. 20, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/p958rk/global_onshore) has announced the addition of the "Global Onshore Oil and Gas Market 2015-2019" report to their offering.
The report states that one of the main challenges confronting the market is the political instability in the Middle East, which affects investment in the region. This directly affects the capital returns and hinders the growth of the Global Onshore Oil and Gas market.
Increased demand for energy worldwide has put an ever-increasing pressure on onshore oil and gas exploration and production activities. Growth in industrialization along with a rapid increase in population has led to a rise in global oil and gas consumption. Technologically advanced techniques to enhance the reservoir recovery are helping in mitigating increased demand for oil and gas by increasing the production from browning oil fields and unconventional oil and gas recovery.
Advances in technology in onshore oil and gas production is one of the majorv trends in this market as through improvements in production output, redeveloping existing oilfields, facilitating production from unconventional resources such as shale formations, and enhancing well management. Advances in drilling techniques, the development and determination of reserves, well log interpretation, the development of well simulation models, and intelligent well completion technology will significantly increase the onshore production of oil and gas.
According to the report, one of the major drivers of this market is the increased demand for oil and gas worldwide, which will encourage a substantial investment in E&P activities to meet this growing demand. The increased demand for oil and gas will drive substantial investment in state-of-the-art technology-enhanced oil recovery, thus ensuring high oil production.
Key Vendors
- BP
- Chevron
- ExxonMobil
- Royal Dutch Shell
- Total
Other Prominent Vendors
- ConocoPhillips
- Eni
- Petrobras
- Statoil
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Geographical Segmentation
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/p958rk/global_onshore