The United States reservoir engineering services market is expected to grow at a substantial rate over the forecast period. Reservoir engineering is defined as a process which is used for evaluating performance of a reservoir by monitoring and evaluating its pores, rocks, and fluid flow data. Through various software and advanced integrated technologies, it optimizes the reservoir performance by reducing the effects of the risk involved in operations. The key factors responsible for the growth of United States reservoir engineering service market are rising demand for energy, increasing oil & gas production and growing need of numerical reservoir modelling, well testing, production forecasting, well drilling, workover planning and economic modelling. These reservoirs have various applications in industries such as automotive, aviation, electricity generation, and others as they produce oil, gas, and coal, as a source of energy, thereby aiding the growth of United States reservoir engineering services market.

However, some of the impending challenges confronting the market over the forecast period are high cost of equipment and risk of operation which can be attributed to the use of a combination of flammable chemicals and requirement of high temperature & pressure.

The United States reservoir engineering services market is segmented based on service, application, reservoir type, region and company. Based on service, the market can be segmented into geo modeling, & reservoir simulation, data acquisition & monitoring, and reservoir sampling. Among them, data acquisition and monitoring services held the largest market share until 2018 and is anticipated to maintain its lead during the forecast period as well.  These services help to enhance functionality of the reservoir and optimize production by giving real time information with a faster decision cycle. Furthermore, increase in E&P activities from unconventional resources is projected to increase the demand for data acquisition and monitoring services.

Major players operating in the United States reservoir engineering services market include Schlumberger Limited, Halliburton Company, Baker Hughes Incorporated, Weatherford International, PLC, Core Laboratories, Geokinetics, Paradigm and ALS Oil & Gas. The companies are developing advanced services to stay competitive in the market.

Years considered for this report:

Historical Years: 2014–2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020–2024

Objective of the Study:

  • To analyze and forecast the market size of United States reservoir engineering services market.
  • To classify and forecast United States reservoir engineering services market based on service, application, reservoir type, company and regional distribution.
  • To identify drivers and challenges for United States reservoir engineering services market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United States reservoir engineering services market.
  • To conduct pricing analysis for United States reservoir engineering services market.
  • To identify and analyze the profile of leading players operating in United States reservoir engineering services market.


Click here to download the sample 

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the region. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the region.

TechSci Research calculated the market size of United States reservoir engineering services market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.


Key Target Audience:

  • Reservoir engineering service providers
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to reservoir engineering services
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, United States reservoir engineering services market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Service:
    • Geo Modeling, & Reservoir Simulation
    • Data Acquisition & Monitoring
    • Reservoir Sampling
  • Market, By Application:
    • Onshore
    • Offshore
  • Market, By Reservoir Type:

o   Conventional

o   Unconventional

  • Regions:

o   West

o   North-East

o   Mid-West

o   South

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the United States reservoir engineering services market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com  

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customer

5.    Global Reservoir Engineering Services Industry Overview

6.    United States Reservoir Engineering Services Market Outlook

6.1.  Market Size and Forecast

6.1.1.   By Value

6.2.  Market Share and Forecast

6.2.1.   By Service (Geo Modeling, & Reservoir Simulation, Data Acquisition & Monitoring, and Reservoir Sampling)

6.2.2.   By Application (Onshore & Offshore)

6.2.3.   By Reservoir Type (Conventional & Unconventional)

6.2.4.   By Company

6.2.5.   By Region

6.3.    Product Market Map

7.    North-East United States Reservoir Engineering Services Market Outlook

7.1.  Market Size & Forecast       

7.1.1.   By Value

7.2.  Market Share & Forecast

7.2.1.   By Service

7.2.2.   By Application

7.2.3.   By Reservoir Type

8.    Mid-West United States Reservoir Engineering Services Market Outlook

8.1.  Market Size & Forecast       

8.1.1.   By Value

8.2.  Market Share & Forecast

8.2.1.   By Service

8.2.2.   By Application

8.2.3.   By Reservoir Type

9.    West United States Reservoir Engineering Services Market Outlook

9.1.  Market Size & Forecast       

9.1.1.   By Value

9.2.  Market Share & Forecast

9.2.1.   By Service

9.2.2.   By Application

9.2.3.   By Reservoir Type

10.  South United States Reservoir Engineering Services Market Outlook

10.1.          Market Size & Forecast

10.1.1.                By Value

10.2.          Market Share & Forecast

10.2.1.                By Service

10.2.2.                By Application

10.2.3.                By Reservoir Type

11.  Market Dynamics

11.1.           Drivers

11.2.           Challenges

12.  Market Trends & Developments

13.  Competitive Landscape

13.1.          Competition Benchmarking

13.2.          Company Profiles (Leading companies)

13.2.1.                Schlumberger Limited

13.2.2.                Halliburton Company

13.2.3.                Baker Hughes Incorporated

13.2.4.                Weatherford International, PLC

13.2.5.                Core Laboratories

13.2.6.                Geokinetics

13.2.7.                Paradigm

13.2.8.                ALS Oil & Gas

14.   Strategic Recommendations

15.   About us & Disclaimer

 (Note: The companies list can be customized based on the client requirements)

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com