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Exploration & Production (E&P) Software Market By Operation ( Onshore, Offshore ), By Deployment (On-Premise E&P Software, Hosted E&P Software ), By Application (Reservoir Engineering, Drilling & Production) – Growth, Future Prospects And Competitive Analysis 2015 – 2025

Summary
Table Of Content

Market Insights

Exploration is the process of determining new oil and gas reservoirs trapped under the earth’s surface, whereas production is the procedure of obtaining those hidden resources for further processing, refining, marketing, and use. This makes overall exploration and production (E&P) a highly crucial and capital-intensive process in the oil and gas sector.

E&P software is defined as a set of software solutions developed specifically for the upstream segment of the oil and gas industry. These are designed to cater to a wide range of applications in the upstream sector, including seismic processing and imaging, mapping, data analysis, reservoir, and geological modeling, and production planning. Using E&P software enables oil and gas companies to better analyze the geological data for more accurate modeling and production planning.

The most significant factor propelling market growth is the steadily rising expenditure over E&P processes. Rapidly exhausting oil and gas reserves have led to a significant rise in E&P spending. Oil and gas companies are now more inclined toward effort-free operations, thereby boosting the demand for simulation software. Using E&P software helps these companies manage their E&P budget more efficiently.

Despite the slump in the oil and gas sector in 2009, the E&P sector has been witnessing steady growth for the past 4–5 years. Subsequently, E&P software has been witnessing consistent growth for the past few years. Because E&P accounts for a small portion of total E&P expenditure, fluctuations in the oil and gas industry have a lower impact on market growth.

The report titled “Global Exploration & Production (E&P) Software Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025” offers strategic insights into the global E&P software market along with the market size and estimates for the duration of 2015–2025.

The said research study covers an in-depth analysis of market segments based on deployment model, operation type, application, and a cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2016 and 2025. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities.

The report also includes competitive profiling of the leading E&P software vendors, their business strategy analysis, market positioning, and key developments to assist strategic decision-makers.

The report profiles several major players, including Schlumberger Ltd., Paradigm B.V., Landmark Solutions, ION Geophysical Corporation, Exprodat Consulting Ltd., Baker Hughes, Inc., Weatherford International Plc., IHS, Inc., G.E. Oil & Gas, Computer Modelling Group Ltd., Emerson Electric Co., Kongsberg Gruppen ASA, Pason Systems Corp., Petroleum Experts Ltd., ETL Solutions Ltd., Ikon Science Limited, Peloton,

Other in-depth analysis provided in the report includes:

Current and future market trends to justify the forthcoming attractive markets within the E&P software industry
Market fuelers, market impediments, and their impact on market growth
in-depth competitive environment analysis
Trailing 2-year market size data (2015–2016)
SRC (Segment, Region, Country) Analysis

Overall, the research study provides a holistic view of the global E&P software market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.

Based on the deployment model, the global exploration and production (E&P) software market is segmented into the following categories:

On-premise E&P software
Hosted E&P Software

As of 2016, the global E&P software market was led by the on-premise deployment model segment, which contributed more than sixty percent of the total market revenue. The on-premises deployment model consists of a complete solution, including hardware and software required for E&P software setup.

This makes the on-premise mode of deployment costlier as compared to the other modes of deployment. Many midsized E&P software vendors still do not have a unified cloud infrastructure.

As a result, the majority of major market offerings are based on the on-premise deployment model. However, due to its immense advantages over on-premise deployment, the hosted E&P software segment would exhibit the highest growth during the forecast period.

E&P companies are now increasingly looking towards reducing their I.T. costs. This has forced the E&P software vendors to arrange for the required cloud infrastructure.

Based on geography, the global exploration and production (E&P) software market is segmented as per the following regions and countries:

North America

U.S.
Canada

Europe

U.K.
Germany
France
Rest of Europe

Asia Pacific

Japan
China
South Asia
Rest of Asia Pacific

Middle East and Africa (MEA)

GCC countries
South Africa
the remainder of MEA

Latin America

Brazil
Mexico
rest of Latin America

The global E&P software market is dominated, in terms of revenue and adoption, by the North American region. The region is mainly backed by the U.S., which has seen strong adoption of information technology across the oil and gas sector.

The nation enjoys the presence of a larger number of software companies operating in the overall oilfield services sector. This has significantly facilitated the E&P software growth here. Despite the slowdown in the oil and gas sector here, the expenditure on E&P processes has had a relatively smaller impact.

Subsequently, the market has been witnessing consistent growth in the region for the past 4–5 years. Europe follows North America in terms of revenue and adoption, accounting for the second-largest share worldwide. The two regions, collectively, are estimated to retain their dominant position in the market throughout the forecast period. The Asia Pacific, the Middle East, and Africa are expected to grow the most in the coming years.

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global E&P Software Market
2.2 Global E&P Software Market, By Operation Type
2.3 Global E&P Software Market, By Deployment Model
2.4 Global E&P Software Market, By Application
2.5 Global E&P Software Market, By Geography

Chapter 3 Market Dynamics
3.1 Product Insights and Market Overview
3.1.1 Global E&P Software Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
3.2 Key Market Trends and Future Outlook
3.3 Market Drivers
3.4 Market Growth Inhibitors
3.4.1 Impact Analysis of Drivers and Restraints
3.5 Attractive Investment Proposition
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Vendors
3.6.2 Key Strategies adopted by the Leading Players

Chapter 4 Global E&P Software Market Analysis, by Operation Type
4.1 Market Analysis
4.2 Onshore
4.3 Offshore

Chapter 5 Global E&P Software Market Analysis, by Deployment Model
5.1 Market Analysis
5.2 On-premise E&P Software
5.3 Hosted E&P Software

Chapter 6 Global E&P Software Market Analysis, by Application
6.1 Market Analysis
6.2 Seismic Processing & Imaging
6.3 Data Interpretation & Modeling
6.4 Reservoir Engineering
6.5 Drilling & Production

Chapter 7 North America E&P Software Market Analysis
7.1 Overview
7.2 North America E&P Software Market Analysis, By Operation Type, 2015 – 2025
7.2.1 Market Analysis
7.3 North America E&P Software Market Analysis, By Deployment Model, 2015 – 2025
7.3.1 Market Analysis
7.4 North America E&P Software Market Analysis, By Application, 2015 – 2025
7.4.1 Market Analysis
7.5 North America E&P Software Market Analysis, By Region, 2015 – 2025
7.5.1 U.S.
7.5.2 Canada

Chapter 8 Europe E&P Software Market Analysis
8.1 Overview
8.2 Europe E&P Software Market Analysis, By Operation Type, 2015 – 2025
8.2.1 Market Analysis
8.3 Europe E&P Software Market Analysis, By Deployment Model, 2015 – 2025
8.3.1 Market Analysis
8.4 Europe E&P Software Market Analysis, By Application, 2015 – 2025
8.4.1 Market Analysis
8.5 Europe E&P Software Market Analysis, By Region, 2015 – 2025
8.5.1 U.K.
8.5.2 Germany
8.5.3 France
8.5.4 Rest of Europe

Chapter 9 Asia Pacific E&P Software Market Analysis
9.1 Overview
9.2 Asia Pacific E&P Software Market Analysis, By Operation Type, 2015 – 2025
9.2.1 Market Analysis
9.3 Asia Pacific E&P Software Market Analysis, By Deployment Model, 2015 – 2025
9.3.1 Market Analysis
9.4 Asia Pacific E&P Software Market Analysis, By Application, 2015 – 2025
9.4.1 Market Analysis
9.5 Asia Pacific E&P Software Market Analysis, By Region, 2015 – 2025
9.5.1 China
9.5.2 Japan
9.5.3 South Asia
9.5.4 Rest of Asia Pacific

Chapter 10 Middle East & Africa (MEA) E&P Software Market Analysis
10.1 Overview
10.2 MEA E&P Software Market Analysis, By Operation Type, 2015 – 2025
10.2.1 Market Analysis
10.3 MEA E&P Software Market Analysis, By Deployment Model, 2015 – 2025
10.3.1 Market Analysis
10.4 MEA E&P Software Market Analysis, By Application, 2015 – 2025
10.4.1 Market Analysis
10.5 MEA E&P Software Market Analysis, By Region, 2015 – 2025
10.5.1 GCC
10.5.2 South Africa
10.5.3 Rest of MEA

Chapter 11 Latin America E&P Software Market Analysis
11.1 Overview
11.2 Latin America E&P Software Market Analysis, By Operation Type, 2015 – 2025
11.2.1 Market Analysis
11.3 Latin America E&P Software Market Analysis, By Deployment Model, 2015 – 2025
11.3.1 Market Analysis
11.4 Latin America E&P Software Market Analysis, By Application, 2015 – 2025
11.4.1 Market Analysis
11.5 Latin America E&P Software Market Analysis, By Region, 2015 – 2025
11.5.1 Brazil
11.5.2 Mexico
11.5.3 Rest of Latin America

Chapter 12 Company Profiles
12.1 Schlumberger Ltd.
12.2 Paradigm B.V.
12.3 Landmark Solutions
12.4 ION Geophysical Corporation
12.5 Exprodat Consulting Ltd.
12.6 Baker Hughes, Inc.
12.7 Weatherford International Plc.
12.8 IHS, Inc.
12.9 GE Oil & Gas
12.10 Computer Modelling Group Ltd.
12.11 Emerson Electric Co.
12.12 Kongsberg Gruppen ASA
12.13 Pason Systems Corporation
12.14 Petroleum Experts Ltd.
12.15 ETL Solutions Ltd.
12.16 Ikon Science Ltd.
12.17 Peloton
12.18 RockFlow Dynamics, LLC.
12.19 OVS Group LLC
12.20 P2 Energy Solutions

List of Figures

FIG. 1 Global Exploration & Production (E&P) Software: Market Segmentation
FIG. 2 Global E&P Software Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global E&P Software Market, By Operation Type, 2016 (US$ Mn)
FIG. 5 Global E&P Software Market, By Deployment Model, 2016 (US$ Mn)
FIG. 6 Global E&P Software Market, By Application, 2016 (US$ Mn)
FIG. 7 Global E&P Software Market, By Geography, 2016 (US$ Mn)
FIG. 8 Global E&P Software Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
FIG. 9 Attractive Investment Proposition
FIG. 10 Market Positioning of Key E&P Software Vendors, 2016
FIG. 11 Global E&P Software Market Revenue Contribution, By Operation Type, 2016 & 2025 (Value %)
FIG. 12 Global E&P Software Market Revenue for Onshore Operation, 2015 – 2025, (US$ Mn)
FIG. 13 Global E&P Software Market Revenue for Offshore Operation, 2015 – 2025, (US$ Mn)
FIG. 14 Global E&P Software Market Revenue Contribution, By Deployment Model, 2016 & 2025 (Value %)
FIG. 15 Global On-premise E&P Software Market Revenue, 2015 – 2025 (US$ Mn)
FIG. 16 Global Hosted E&P Software Market Revenue, 2015 – 2025 (US$ Mn)
FIG. 17 Global E&P Software Market Revenue Contribution, By Application, 2016 & 2025 (Value %)
FIG. 18 Global E&P Software Market Revenue from Seismic Processing & Imaging, 2015 – 2025 (US$ Mn)
FIG. 19 Global E&P Software Market Revenue from Data Interpretation & Modeling, 2015 – 2025 (US$ Mn)
FIG. 20 Global E&P Software Market Revenue from Reservoir Engineering, 2015 – 2025 (US$ Mn)
FIG. 21 Global E&P Software Market Revenue from Drilling & Production, 2015 – 2025 (US$ Mn)
FIG. 22 North America E&P Software Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 23 Europe E&P Software Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 24 Asia Pacific E&P Software Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 25 MEA E&P Software Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 26 Latin America E&P Software Market Revenue, 2015 – 2025, (US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global E&P Software Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America E&P Software Market Revenue, By Operation Type, 2015 – 2025 (US$ Mn)
TABLE 5 North America E&P Software Market Revenue, By Deployment Model, 2015 – 2025 (US$ Mn)
TABLE 6 North America E&P Software Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 7 Europe E&P Software Market Revenue, By Operation Type, 2015 – 2025 (US$ Mn)
TABLE 8 Europe E&P Software Market Revenue, By Deployment Model, 2015 – 2025 (US$ Mn)
TABLE 9 Europe E&P Software Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 10 Asia Pacific E&P Software Market Revenue, By Operation Type, 2015 – 2025 (US$ Mn)
TABLE 11 Asia Pacific E&P Software Market Revenue, By Deployment Model, 2015 – 2025 (US$ Mn)
TABLE 12 Asia Pacific E&P Software Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 13 MEA E&P Software Market Revenue, By Operation Type, 2015 – 2025 (US$ Mn)
TABLE 14 MEA E&P Software Market Revenue, By Deployment Model, 2015 – 2025 (US$ Mn)
TABLE 15 MEA E&P Software Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 16 Latin America E&P Software Market Revenue, By Operation Type, 2015 – 2025 (US$ Mn)
TABLE 17 Latin America E&P Software Market Revenue, By Deployment Model, 2015 – 2025 (US$ Mn)
TABLE 18 Latin America E&P Software Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 19 Schlumberger Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 20 Paradigm B.V.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 21 Landmark Solutions: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 22 ION Geophysical Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 23 Exprodat Consulting Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 24 Baker Hughes, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 25 Weatherford International Plc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 26 IHS, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 27 GE Oil & Gas: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 28 Computer Modelling Group Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 29 Emerson Electric Co.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 30 Kongsberg Gruppen ASA: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 31 Pason Systems Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 32 Petroleum Experts Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 33 ETL Solutions Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 34 Ikon Science Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 35 Peloton: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 36 RockFlow Dynamics, LLC.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 37 OVS Group LLC: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 38 P2 Energy Solutions: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)

Frequently Asked Question:

What is the size of Exploration And Production (E&P) Software Market?

The market for Exploration And Production (E&P) Software Market is expected to reach USD$ 2.92 Bn in 2025.

What is the Exploration And Production (E&P) Software Market CAGR?

The Exploration And Production (E&P) Software Market is expected to see significant CAGR growth over the coming years, at XX %.

What is the Forecast period considered for Exploration And Production (E&P) Software Market?

The report is forecasted from 2015 -2025.

What is the base year considered for Exploration And Production (E&P) Software Market?

The base year of this report is 2014.

Who are the major players in this market?

ION Geophysical Corporation, Exprodat Consulting Ltd., Baker Hughes, Inc., Weatherford International Plc., IHS, Inc.are of the major players in the global market.

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