27 March 2019
Visiongain has launched a new energy report Land Seismic Equipment & Acquisition Market Forecast 2019-2029: Forecast and Analysis by Equipment (Sensors, Sources, Cable Based Acquisition Systems, Wireless Acquisition Systems & Other Equipment) and by Region Plus Profiles of Leading Companies in the Land Seismic Equipment & Acquisition Market.
Land seismic operations are explorations for hydrocarbon resources onshore. Seismic surveys are carried out using waves of energy to help build up an image of an area and the resources beneath.
For E&P and mining industries, land seismic surveys are carried out to generate subsea bottom profiles. This type of surveying is conducted by generating mechanical sound waves that are sent into the earth. The energy reflected back from the earth is measured by recording sensors which are installed in mounted trucks which consist of tapes to record any activity. The land seismic operations require various equipment such as geophones, seismic sensors, streamers, hydrophones, air or water gun, streamers, and sub-bottom profilers.
Previously declining prices of oil & gas have resulted in cutting investments in the E&P oil & gas sector. This, in turn, resulted in land seismic acquisition companies making major cuts with regards to spending in order to remain profitable during this market downturn. However, due to the price recovery and stability seen in 2018, companies are more willing to expand operations once more.
The Visiongain report analyst commented "Due to volatility in crude oil and natural gas prices, while oil prices were low, it forced companies to make serious cuts to their budgets and spending on land seismic equipment. However, developments in the industry along with increasing energy demand globally, as well as oil prices recovering and somewhat stable, this has once again encouraged companies to increase spending and encourage market growth."
Leading companies featured in the report who are involved in Land Seismic Equipment & Acquisition include Sa Exploration, Terraseis, Sercel, Terrex Seismic, WesternGeco, Mitcham Industries and others.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to firstname.lastname@example.org or call her on +44 (0) 207 336 6100.
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
In many key markets, the fundamental principles for LNG growth – such as falling domestic supply and increased need for energy – remain intact. In the meanwhile, cheap prices allow for extra penetration of LNG.
15 September 2021
The proliferation of the internet and smartphones around the world, as well as increased focus on medical device R&D and adoption of advanced healthcare technologies, as well as rising expenditure on healthcare infrastructure development, particularly in developing economies, are all contributing to the growth of the wearable devices market.
14 September 2021
Although the main growth sector in the electric vehicles is lithium batteries in a number of vital medical device, including the ventilators critical to this epidemic (EVs).
07 September 2021
CAES provides a wide range of advantages for energy storage in a wide range of applications. Energy savings, increased air quality, improved pressure stability, lower maintenance costs, and longer compressor service life are among the five core benefits of CAES.