The land seismic equipment and acquisition markets are important to follow as spending and trends within these markets indicate future locations for drilling and resource exploitation. The oil price collapse has caused a sharp decline in land seismic acquisition contract awards and CAPEX on equipment. Visiongain expects spending to recover gradually in line with the anticipated oil price recovery, with other drivers and restraints varying regionally and by equipment type. Increasing energy demand in developing economies and growing interest in shale resource development are also important drivers for land seismic acquisition.
Through extensive research and discussions with experts in the industry, Visiongain has identified a series of market trends that will impact the land acquisition market over the coming decade. Visiongain has calculated that the global land seismic equipment and acquisition markets will reach a value of $450m and $1,959m respectively in 2016.
The report will answer questions such as: • What are the prospects for land seismic acquisition in different regions across the world? • How are the land seismic acquisition and equipment markets changing and what are the main drivers and restraints for this change? • What are the prospects for the different types of land seismic equipment over the next decade? • How does the price of oil affect the land seismic equipment and acquisition markets? • Which locations are the focus of land seismic acquisition activity and how will this evolve going forward?
How will you benefit from this report? • Over 180 pages of analysis, including 120 tables and figures, which provide the perfect accompaniment to high-end business presentations. • Details on CAPEX spending on data acquisition across 7 regional markets and on five different equipment types. • Analysis of over 40 companies and their role in the land seismic market including land seismic acquisition companies, equipment manufacturers and equipment leasing companies. • In-Depth interview with an industry expert, providing exclusive in-sights into the land seismic market to energy developments across the world.
Five reasons why you must order and read this report today: 1. The report provides CAPEX forecasts (2016-2026), plus analysis, of seven regions for land seismic acquisition: – Africa – Asia Pacific – Europe – Middle East – North America – Russia & CIS – South America
2. The report provides CAPEX forecasts (2016-2026), plus analysis, of the global land seismic equipment market and five submarkets: – Land Seismic Sensors Equipment – Land Seismic Source Equipment – Cable Based Acquisition Systems – Wireless Acquisition Systems – Other Land Seismic Equipment
3. Analysis profiling the leading companies in the global land seismic acquisition market with detailed information on services provided by more than 40 companies
4. Extensive analysis and discussion on oil price dynamics and how they affect the land seismic acquisition and equipment markets
5. The analysis is also underpinned by exclusive interviews with leading experts with a full interview transcript from OPAC BARATA’s Co-Founder and Technical & Marketing Director included in the report
Who should read this report? – Anyone within the land seismic equipment or acquisition markets – CEOs – COOs – Business development managers – Project and site managers – Suppliers – Investors – Contractors – Government agencies – Environmental Engineers/Technicians
Don’t miss out This report is essential reading for you or anyone in the global land seismic sector. Purchasing this report today will help you to recognise those important market opportunities and understand the possibilities there. Order the Land Seismic Equipment and Acquisition Markets 2016-2026 report now. We look forward to receiving your order.
Visiongain is a trading partner with the US Federal Government CCR Ref number: KD4R6
1. Report Overview 1.1 The Land Seismic Equipment & Acquisition Markets 2016-2026 Overview 1.2 Market Segmentation for Global Land Seismic Equipment and Acquisition Markets 1.3 Why You Should Read This Report 1.4 How This Report Delivers 1.5 Key Questions Answered by This Analytical Report Include: 1.6 Who is This Report For? 1.7 Market Definition 1.8 Methodology 1.9 Frequently Asked Questions (FAQ) 1.10 Associated Visiongain Reports 1.11 About Visiongain
2. Introduction to the Land Seismic Equipment and Acquisition Markets 2.1 Types of Land Seismic Equipment and Acquisition 2.1.1 Land Seismic Acquisition Methods 2.1.2 Land Seismic Equipment 2.2 Land Seismic Market Seasonality 2.3 Marine Seismic 2.4 Shallow Water Transition Zone (SWTZ) Seismic 2.5 Exploration Phase Seismic versus Production Phase Seismic 2.6 Multi Client Seismic Services (MCS) 2.7 Shale Resource Development and Land Seismic Acquisition 2.8 Enhanced Oil Recovery and Production Stage Seismic 2.9 Liquefying Natural Gas to Monetise Onshore Gas Reserves 3. Global Land Seismic Market Forecast 2016-2026 3.1 The Cyclical Nature of the Land Seismic Industry 3.2 Oil Prices and the Land Seismic Equipment and Acquisition Markets 3.2.1 Supply-Side Factors 3.2.2 Demand-Side Factors 3.2.3 Other Major Variables that Impact the Oil Price 3.2.4 Visiongain’s Oil Price Assumptions and Forecast
4. Global Land Seismic Equipment Market Forecast 2016-2026 4.1 Land Seismic Equipment Market Drivers & Restraints 4.2 What Impact Do Multi Client Surveys Have on Equipment Orders? 4.3 Production Stage Seismic Data Acquisition 4.4 Seismic Industry Investment Mentality 4.5 Land Seismic Equipment Submarket Forecasts 2016-2026 4.5.1 The Land Sensors Equipment Market Forecast 2016-2026 4.5.1.1 Land Seismic Sensors Equipment CAPEX Drivers and Restraints 4.5.2 The Land Seismic Sources Market Forecast 2016-2026 4.5.2.1 Land Seismic Sources CAPEX Drivers and Restraints 4.5.3 Cable Based Acquisition Systems Market Forecast 2016-2026 4.5.4 Wireless Acquisition Systems Market Forecast 2016-2026 4.5.5 Land Seismic Other Equipment Market Forecast 2016-2026
5. Global Land Seismic Acquisition Market Forecast 2016-2026 5.1 Land Seismic Acquisition Market Drivers & Restraints 5.2 Oil Price Determinant and E&P CAPEX 5.3 How the Desire to Enhance Recovery is Driving Demand for Higher Fidelity Seismic Data 5.4 How Will Ageing Oil Fields Continue to Benefit the Seismic Acquisition Market? 5.5 How Will the Growth of Multi Client Surveys Impact Spending in the Seismic Acquisition Market? 5.6 Regional Land Seismic Acquisition Markets 2016-2026 5.6.1 The North American Marine Seismic Acquisition Market Forecast 2016-2026 5.6.1.1 The North American Marine Seismic Acquisition Market Overview 5.6.1.2 The North American Marine Seismic Acquisition Market Analysis 5.6.2 The Asia Pacific Land Seismic Acquisition Market Forecast 2016-2026 5.6.2.1 The Asia Pacific Marine Seismic Acquisition Market Overview 5.6.2.2 The Asia Pacific Marine Seismic Acquisition Market Analysis 5.6.3 The Middle East Land Seismic Acquisition Market Forecast 2016-2026 5.6.3.1 The Middle East Land Seismic Acquisition Market Overview 5.6.3.2 The Middle East Land Seismic Acquisition Market Analysis 5.6.4 The Russian & CIS Land Seismic Acquisition Market Forecast 2016-2026 5.6.4.1 The Russian & CIS Land Seismic Acquisition Market Overview 5.6.4.2 The Russian & CIS Land Seismic Acquisition Market Analysis 5.6.5 The African Land Seismic Acquisition Market Forecast 2016-2026 5.6.5.1 The African Land Seismic Acquisition Market Overview 5.6.5.2 The African Land Seismic Acquisition Market Analysis 5.6.6 The South American Land Seismic Acquisition Market Forecast 2016-2026 5.6.6.1 The South American Land Seismic Acquisition Market Overview 5.6.6.2 The South American Land Seismic Acquisition Market Analysis 5.6.7 The European Land Seismic Acquisition Market Forecast 2016-2026 5.6.7.1 The European Land Seismic Acquisition Market Overview 5.6.7.2 The European Land Seismic Acquisition Market Analysis
6. PEST Analysis of the Land Seismic Equipment and Acquisition Markets 2016-2026
7. Expert Opinion 7.1 OPAC BARATA 7.1.1 OPAC BARAT Operations 7.1.2 Regional Barriers for Land Seismic Acquisition 7.1.3 Is Indonesia a Growing Market? 7.1.4 Oil Prices and the Land Seismic Acquisition Market 7.1.5 Onshore Seismic Drivers 7.1.6 Wireless Seismic Acquisition 7.1.7 2D versus 3D Data Acquisition
8. Leading Companies in the Land Seismic Market 8.1 Arabian Geophysical & Surveying Co (ARGAS) 8.1.1 ARGAS Company Analysis 8.2 BGP Inc. China National Petroleum Corporation 8.2.1 BGP Company Analysis 8.3 Boading Longet Equipment Co. Ltd 8.3.1 Boading Longet Equipment Company Analysis 8.4 CGG 8.4.1 CGG Company Analysis 8.5 Geokinetics 8.5.1 Geokinetics Company Analysis 8.6 Geometrics 8.6.1 Geometrics Company Analysis 8.7 Geospace Technologies 8.7.1 Geospace Company Analysis 8.8 IG Seismic Services (IGSS) 8.8.2 IGSS Company Analysis 8.9 INOVA Geophysical 8.9.1 INOVA Geophysical Company Analysis 8.10 ION Geophysical Corporation 8.10.1 ION Geophysical Company Analysis 8.11 iSeis – Seismic Source Co. 8.11.1 iSeis – Seismic Source Company Analysis 8.12 Mitcham Industries Inc 8.12.1 Mitcham Industries Company Analysis 8.13 PASI Geophysical Instruments 8.13.1 PASI Geophysical Company Analysis 8.14 Polaris Seismic International Ltd 8.14.1 Polaris Seismic Company Analysis 8.15 SAExploration 8.15.1 SAExploration Company Analysis 8.16 Sercel 8.16.1 Sercel Company Analysis 8.17 Spectrum 8.17.1 Spectrum Company Analysis 8.18 Terraseis 8.18.1 Terraseis Company Analysis 8.19 Terrex Group Seismic 8.19.2 Terrex Seismic Company Analysis 8.20 Tesla Exploration Ltd 8.20.1 Tesla Exploration Company Analysis 8.21 TGS 8.21.1 TGS Company Analysis 8.22 WesternGeco 8.22.1 WesternGeco Company Analysis 8.23 Other Land Seismic Companies
9. Conclusions & Recommendations 9.1 Land Seismic Equipment Market Outlook 9.2 Land Seismic Acquisition Market Outlook 9.3 Key Findings in the Land Seismic Equipment and Acquisition Markets 9.4 Recommendations for the Land Seismic Market
10. Glossary
List of Tables Table 1.1 CAPEX on Land Seismic Equipment Submarkets, 2016-2026 ($m, AGR%) Table 2.1 Land Seismic Source Type Advantages / Disadvantages, (Explosives, Vibroseis) Table 3.1 Global Land Seismic Market Forecast 2016-2026 ($m, AGR %, CAGR%, Cumulative) Table 3.2 Global Land Seismic Market Forecast (Equipment, Acquisition) 2016-2026 ($m, AGR %) Table 3.3 Visiongain’s Anticipated WTI Oil Price, 2015, 2016, 2017-2020, 2021-2025 ($/bbl) Table 4.1 Land Seismic Equipment Market Forecast 2016-2026 ($m, AGR %, CAGR%, Cumulative) Table 4.2 Land Seismic Equipment Market Drivers & Restraints Table 4.3 Land Seismic Equipment Submarket Forecasts 2016-2026 ($m, AGR %) Table 4.4 Land Seismic Sensors Equipment Market Forecast 2016-2026 ($m, AGR %, CAGR%) Table 4.5 Land Seismic Sensors Equipment Market Drivers & Restraints Table 4.6 Land Seismic Sources Equipment Submarket Forecast 2016-2026 ($m, AGR %, CAGR%) Table 4.7 Land Seismic Sources Equipment Market Drivers & Restraints Table 4.8 Cable Based Acquisition System Submarket Forecast 2016-2026 ($m, AGR %, CAGR%) Table 4.9 Wireless Acquisition System Submarket Forecast 2016-2026 ($m, AGR %, CAGR%) Table 4.10 Land Seismic Other Equipment Submarket Forecast 2016-2026 ($m, AGR %, CAGR%) Table 5.1 Global Land Seismic Acquisition Market Forecast 2016-2026 ($m, AGR %, CAGR%) Table 5.2 Global Land Seismic Acquisition Market Drivers & Restraints Table 5.3 Regional Land Seismic Acquisition Market Forecasts 2016-2026 ($m, AGR %) Table 5.4 North American Land Seismic Acquisition Market Forecast, 2016-2026 ($m, AGR %, CAGR%, Cumulative) Table 5.5 Asia Pacific Land Seismic Acquisition Market Forecast, 2016-2026 ($m, AGR %, CAGR%, Cumulative) Table 5.6 Middle East Land Seismic Acquisition Market Forecast, 2016-2026 ($m, AGR %, CAGR%, Cumulative) Table 5.7 Russian Marine Seismic Acquisition Market Forecast, 2016-2026 ($m, AGR %, CAGR%, Cumulative) Table 5.8 African Land Seismic Acquisition Market Forecast, 2016-2026 ($m, AGR %, CAGR%, Cumulative) Table 5.9 South American Land Seismic Acquisition Market Forecast, 2016-2026 ($m, AGR %, CAGR%, Cumulative) Table 5.10 European Land Seismic Acquisition Market Forecast, 2016-2026 ($m, AGR %, CAGR%, Cumulative) Table 6.1 PEST Analysis of the Land Seismic Equipment and Acquisition Market 2016-2026 Table 8.1 ARGAS (Headquarters, Main Operation Area, Land Seismic Operations, Contact, Website) Table 8.2 ARGAS Seismic Projects Table 8.3 BGP (Headquarters, Main Operation Area, Land Seismic Operations, Contact, Website) Table 8.4 BGP Seismic Services (Service, Model, Description) Table 8.5 BGP Manufactured Equipment (Model, Description, Features) Table 8.6 Boading Longet Equipment Co Ltd (Headquarters, Main Operation Area, Land Seismic Operations, Contact, Website) Table 8.7 Boading Longet Seismic Acquisition Equipment (Type, Model, Description) Table 8.8 CGG Overview (Headquarters, Main Operation Area, Land Seismic Operations, Contact, Website) Table 8.9 Geokinetics (Headquarters, Main Operation Area, Land Seismic Operations, Contact, Website) Table 8.10 Geokinetics Services (Service, Type, Description) Table 8.11 (Headquarters, Main Operation Area, Land Seismic Operations, Contact, Website) Table 8.12 Geometrics Seismic Acquisition Equipment Table 8.13 Geospace Technologies (Headquarters, Main Operation Area, Land Seismic Operations, Contact, Website) Table 8.14 Geospace Technologies Seismic Acquisition Equipment Table 8.15 IGSS (Main Office, Main Operation Area, Land Seismic Operations, Contact, Website) Table 8.16 IGSS Business Divisions (Division, Operations, Description) Table 8.17 INOVA Geophysical (Headquarters, Main Operation Area, Land Seismic Operations, Contact, Website) Table 8.18 INOVA Geophysical Land Seismic Acquisition Equipment Table 8.19 ION Geophysical Corp. Overview (Headquarters, Main Operation Area, Land Seismic Operations, Contact, Website) Table 8.20 ION Geophysical Corp. Land Seismic Acquisition Equipment (Type, Model, Description) Table 8.21 iSeis – Seismic Source Co (Headquarters, Main Operation Area, Land Seismic Operations, Contact, Website) Table 8.22 iSeis – Seismic Source Co. Seismic Acquisition Equipment Table 8.23 Mitcham Industries (Headquarters, Main Operation Area, Land Seismic Operations, Contact, Website) Table 8.24 Mitcham Industries Land Seismic Acquisition Equipment (Category, Type, Model) Table 8.25 PASI Geophysical (Headquarters, Main Operation Area, Land Seismic Operations, Contact, Website) Table 8.26 PASI Geophysical Seismic Acquisition Equipment Table 8.27 Polaris (Headquarters, Main Operation Area, Land Seismic Operations, Contact, Website) Table 8.28 Polaris Seismic International Ltd Services (Category, Type, Description) Table 8.29 SAExploration Ltd (Headquarters, Main Operation Area, Land Seismic Operations, Contact, Website) Table 8.30 SAExploration Services Table 8.31 Sercel (Headquarters, Main Operation Area, Land Seismic Operations, Contact, Website) Table 8.32 Sercel Land Seismic Acquisition Equipment (Category, Type, Model) Table 8.33 Spectrum Overview (Headquarters, Main Operation Area, Land Seismic Operations, Contact, Website) Table 8.34 Terraseis (Headquarters, Main Operation Area, Land Seismic Operations, Contact, Website) Table 8.35 Terraseis Seismic Acquisition Equipment Table 8.36 Terraseis Seismic Acquisition Surveys (Year, Location, Terrain Source Type, Size, 2D/3D) Table 8.37 Terrex Seismic (Headquarters, Main Operation Area, Land Seismic Operations, Contact, Website) Table 8.38 Terrex Seismic Services Table 8.39 Terrex Seismic Equipment (Type, Model, Description) Table 8.40 Tesla Exploration Ltd (Headquarters, Main Operation Area, Land Seismic Operations, Contact, Website) Table 8.41 Tesla Exploration Services and Equipment (Category, Type, Offerings) Table 8.42 TGS Overview (Headquarters, Main Operation Area, Land Seismic Operations, Contact, Website) Table 8.43 WesternGeco Overview (Headquarters, Main Operation Area, Land Seismic Operations, Contact, Website) Table 8.44 Other Land Seismic Companies Table 9.1 Land Seismic Equipment CAPEX Forecasts ($m) 2016-2026 Table 9.2 Land Seismic Acquisition CAPEX Forecasts ($m) 2016-2026
List of Figures Figure 1.1 World Liquid Fuels Consumption Forecast (million barrels / day) Figure 1.2 Global Land Seismic Market Structure Overview Figure 1.3 Marine Seismic Acquisition Regional Market Definitions Figure 3.1 Global Land Seismic Market Forecast 2016-2026 ($m, AGR%) Figure 3.2 Global Land Seismic Market Forecast (Equipment, Acquisition) 2016-2026 ($m) Figure 3.3 Land Seismic Market Share Forecast, 2016, 2021 and 2026 (%) Figure 3.4 Land Seismic Equipment and Acquisition Market Share Change 2016 - 2026 (%) Figure 3.5 Land Seismic Equipment and Acquisition Cumulative CAPEX ($m) 2016-2021 Figure 3.6 Land Seismic Equipment and Acquisition CAGR (%) 2016-2021, 2021-2026, 2016-2026 Figure 3.7 Monthly WTI and Brent Oil Prices 2003-2015 ($/bbl) Figure 3.8 Daily WTI and Brent Oil Prices (July 2014 – August 2015) ($/bbl) Figure 3.9 Chinese and Indian Annual GDP Growth 2005-2017f (%) Figure 3.10 US Petroleum Consumption January 2014 to August (thousand barrels per day) Figure 3.11 Visiongain’s Anticipated WTI Oil Price, 2015, 2016, 2017-2020, 2021-2025 ($/bbl) Figure 4.1 Land Seismic Equipment Market Forecast 2016-2026 ($m, AGR%) Figure 4.2 Land Seismic Equipment Submarket Forecasts 2016-2026 ($m) Figure 4.3 Land Seismic Equipment Submarkets Share Forecast 2016, 2021, 2026 (%) Figure 4.4 Land Seismic Equipment Submarkets CAGR (%) 2016-2021, 2021-2026, 2016-2026 Figure 4.5 Land Seismic Equipment Submarkets Cumulative CAPEX, 2016-2026 ($m) Figure 4.6 Land Seismic Sensors Equipment Market Forecast 2016-2026 ($m, AGR%) Figure 4.7 Land Seismic Sensors Equipment Market Share Forecast 2016, 2021, 2026 (%) Figure 4.8 Land Seismic Sources Equipment Submarket Forecast 2016-2026 ($m, AGR%) Figure 4.9 Land Seismic Sources Equipment Market Share Forecast 2016, 2021, 2026 (%) Figure 4.10 Cable Based Acquisition Systems Submarket Forecast 2016-2026 ($m, AGR%) Figure 4.11 Cable Based Acquisition Systems Market Share Forecast 2016, 2021, 2026 (%) Figure 4.12 Wireless Acquisition Systems Submarket Forecast 2016-2026 ($m, AGR%) Figure 4.13 Wireless Acquisition Systems Market Share Forecast 2016, 2021, 2026 (%) Figure 4.14 Land Seismic Other Equipment Submarket Forecast 2016-2026 ($m, AGR%) Figure 4.15 Land Seismic Other Equipment Market Share Forecast 2016, 2021, 2026 Figure 5.1 Global Land Seismic Acquisition Market Forecast 2016-2026 ($m, AGR%) Figure 5.2 Regional Land Seismic Acquisition Market Forecasts 2016-2026 ($m) Figure 5.3 Regional Land Seismic Acquisition Markets Share Forecast 2016 (%) Figure 5.4 Regional Land Seismic Acquisition Markets Share Forecast 2021 (%) Figure 5.5 Regional Marine Seismic Acquisition Markets Share Forecast 2026 (%) Figure 5.6 North American Land Seismic Acquisition Market Forecast, 2016-2026 ($m, AGR%) Figure 5.7 North American Land Seismic Acquisition Market Share Forecast, 2016, 2026 and 2026 (%) Share) Figure 5.8 Asia Pacific Land Seismic Acquisition Market Forecast, 2016-2026 ($m, AGR%) Figure 5.9 Asian Pacific Land Seismic Acquisition Market Share Forecast, 2016, 2021 and 2026 (%) Share) Figure 5.10 Middle East Land Seismic Acquisition Market Forecast, 2016-2026 ($m, AGR%) Figure 5.11 Middle East Land Seismic Acquisition Market Share Forecast, 2016, 2021 and 2026 (%) Share) Figure 5.12 Russian & CIS Marine Seismic Acquisition Market Forecast, 2016-2026 ($m, AGR%) Figure 5.13 Russia & CIS Land Seismic Acquisition Market Share Forecast, 2016, 2021 and 2026 (%) Share) Figure 5.14 African Land Seismic Acquisition Market Forecast, 2016-2026 ($m, AGR%) Figure 5.15 African Land Seismic Acquisition Market Share Forecast, 2016, 2021 and 2026 (%) Share) Figure 5.16 South American Land Seismic Acquisition Market Forecast, 2016-2026 ($m, AGR%) Figure 5.17 South American Land Seismic Acquisition Market Share Forecast, 2016, 2021 and 2026 (%) Share) Figure 5.18 European Land Seismic Acquisition Market Forecast, 2016-2026 ($m, AGR%) Figure 5.19 European Land Seismic Acquisition Market Share Forecast, 2016, 2021 and 2026 (%) Share)
Acoustic Geophysical Services (AGS) Advent Oilfield Services Alphageo India Limited Apache Arabian Geophysical & Surveying (ARGAS) ARM Geophysics Asia Oilfield Services Limited (ASIAN) AutoSeis BGP Inc. China National Petroleum Corporation Boading Longet Equipments Co. Ltd BP Breckenridge Geophysical CGG Chaparral Energy Chevron CNOOC CNPC Dawson Geophysical Co Dolphin Geophysical Empresa Colombiana de Gas (Ecogás) Empresa Colombiana de Petróleos (Ecopetrol) ERHC Energy Inc Exxon Fairfield Nodal Fasken GEO EAST Co Geokinetics Geometrics Geospace Geotec Spa Global Geophysical Services Gold Oil Peru SAC GSS Hydrocarb Energy Corp (HECC) IG Seismic Services (IGSS) INOVA Geophysical ION Geophysical iSeis – Seismic Source Co. Kinder Morgan KrisEnergy LINC Energy LoneStar Geophysical Surveys (LSGS) LR Senergy Metgasco Mitcham Industries Inc Monarch Geophysical Services Nova Scotia OPAC BARATA Panamerican Geophysical PASI Geophysical Instruments Pemex Pertamina Polaris Seismic International Ltd Repsol REXIMseis Ltd Royal Dutch Shell SAExploration Ltd Saudi Aramco Schlumberger SDP Services Ltd Seismic Exchange, Inc. Sercel Shaanxi Yanchang Petroleum Group Sinopec Southwest Energy Spectrum Swala Energy Limited TAQA Terraseis Terrex Terrex Group Seismic Tesla Exploration Ltd TGS The Abu Dhabi National Energy Company Total Tullow Oil Viking Seismic Services WesternGeco WirelessSEISMIC XTO Energy YPF
Other Organisations Mentioned in This Report European Union (EU) Federal Institute for Geosciences and Natural Resources International Atomic Energy Agency (IAEA) Organization of the Petroleum Exporting Countries (OPEC) UK’s Oil & Gas Authority (OGA) United Nations (UN) US Energy Information Administration (EIA) US Geological Survey (USGS)
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