Qyresearchreports include new market research report Global Digital Oilfield Market Size, Status and Forecast 2019-2025 to its huge collection of research reports.
The global digital oil field market, by application, has been segmented into onshore and offshore, with the onshore segment growing at a faster pace. The complexity in deepwater drilling, along with the increasing adoption of digital oilfield techniques in regions such as the Middle East, and North ... Read more
Digital oilfield means the automation of upstream, midstream, and downstream oilfield activities. It is a part of the energy industry that has incorporated advanced software and data analysis techniques into its operations in order to provide better outputs and improve the profitability of the production process. Digital oilfield offers advantages such as improved safety, optimized production rate of hydrocarbons, environmental protection, and ease in finding reserves and exploiting them to ... Read more
The Global Digital Oilfield Market is expected to grow at more than 5.5% CAGR from 2018 to 2023. Digital oilfield is the new approach to explore more oil and gas field in less cost. Under this concept, the oilfield is incorporated with advanced software and data analysis to provide better outputs and improve the profitability of the exploration and production process.
The major advantages of digital oilfield are fast data ... Read more
Digital Oilfield Market is expected to grow at a CAGR of 7.2% during the next five years, according to a newly added report by Stratview Research. The rising production activities in the Middle Eastern region, the prevalence of alternative reserves, and the increasing investments in offshore in Asia-Pacific are the factors that are bolstering the growth of the digital oilfield market globally.
Digital oilfields include a wide range of tasks, tool and discipline. The increased usage of cutting-edge software for data analysis is improving the profitability for the oil and gas industry. Market Research Future (MRFR) reports that the global digital oilfield market is set to exhibit 5.5% CAGR during the forecast period (2018-2023). The market has is likely to surpass a valuation of USD 22.36 Bn by the year 2023.
The primary objective of digital oilfield is to reduce down-time, ... Read more
Global Petroleum Fuel Optimization Technologies Market: Overview
With the prices of oil increasing incessantly and increasing inflation crisis, mostly in emerging economies, petroleum fuel optimization technologies act as a blessing. Several countries are promoting the use and development of such technologies owing to its commercial capacities. As a result of this, the global market for petroleum fuel optimization technologies is likely to witness extensive growth ... Read more