03 August 2018
Visiongain’ has launched a new energy report The Land Seismic Equipment & Acquisition Market Forecast 2018-2028: 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.
Declining prices of oil & gas have resulted in cutting investments in the E&P oil & gas sector. This, in turn, has resulted in land seismic acquisition companies making major cuts with regards to spending in order to remain profitable during this market downturn. Thus, the land or onshore seismic equipment & acquisition is highly dependent on the price of oil & gas prevailing in the market.
The visiongain report analyst commented “Due to volatility in crude oil and natural gas prices, several upstream companies are cutting E&P budgets and even spending on land seismic equipment. However, technological advancements coupled with increased energy requirement in developing nations and exploitation of shale gas reserves are key drivers for the growth in demand for land seismic equipment over the forecast period.”
Leading companies featured in the report who are involved in Land Seismic Equipment & Acquisition include IGSS, Geometric, INOVA Geophysical, ION Geophysical Corporation, iSeis – Seismic Source Co., Mitcham Industries Inc., 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.
The COVID-19 crisis has dramatically affected oil and gas production and demand, leaving no midstream markets untouched as drilling screeched to a halt, pipeline projects were sidelined and global storage neared capacity in a stark reversal of trends at the start of 2020.
25 November 2020
Increasing oil consumption, high recovery rates through successful implementation of CEOR, coupled with high cost of new exploration is expected to drive the implementation of CEOR over the coming years.
22 October 2020
Visiongain expects that various public support mechanisms will remain the principal driver throughout the forecast period. Estimates for the cost of CCS range between research papers as well as between capture technologies and plant characteristics.
02 October 2020
Supply gap due to production halt brought about by COVID-19 pandemic is expected restrict sales growth. However, the rising demand for coal tar products from the healthcare sector is expected to stabilize market growth during the forecast period.