Global Digital Oilfield Market 2015-2019 with Halliburton, Honeywell International, National Oilwell Varco, Schlumberger & Weatherford Dominating
M2 - Fri Jul 10, 8:31AM CDT
Research and Markets (http://www.researchandmarkets.com/research/8n5tv2/global_digital) has announced the addition of the "Global Digital Oilfield Market 2015-2019" report to their offering. The analysts forecast the global digital oilfield market to grow at a CAGR of 5.14% over the period 2014-2019. The basic meaning of digital oilfield is the application of advanced software, hardware, and data analysis techniques to improve the productivity of oil and gas production operations. In the era of ever growing demand for energy and end of "Easy Oil," digital oilfields help maximize oilfield recovery, eliminate non-productive time, and increase ROI and profitability through integration of workflows and design. The workflows combine business process management with advanced information technologies to streamline or automate various operations performed by different functional teams. The demand for oil and natural gas is increasing worldwide due to a steadily growing population, economic growth, and rapid industrialization and urbanization. However, supply remains constant; thus, calling for the oil and gas industry to shift their focus to advanced oilfield technologies such as digital oilfields to meet the growing demand, and establish reserves for energy security needs. According to the report, digital oilfield technology will gain more prominence during the forecast period as it offers a high return on investment by increasing production efficiency. It provides concise, real-time, and accurate information, and allows better control and continuous monitoring of subsea infrastructure. In addition, automation and remote monitoring also reduce the need for high-cost labor. Further, the report states that getting employees to embrace an entirely new method of operation is a hurdle in the implementation of this technology. Digital oilfield technologies affect and enhance various functionalities of oilfields operations, such as: - Production optimization - Collaboration - Data integration - Decision support - Workflow automation - Operational efficiency Key Vendors - Halliburton - Honeywell International - National Oilwell Varco - Schlumberger - Weatherford Other Prominent Vendors - Accenture - Kongsberg Gruppen - Microseismic - Paradigm - Pason Systems - Petrolink - Redline Communications Group - Siemens - vMonitor For more information visit http://www.researchandmarkets.com/research/8n...al_digital
HON: 102.41 (+1.23), SLB: 83.96 (+0.41)
Pason Systems: Up 14% But Still A Good Value
Doyle Publishing Ltd. - at Seeking Alpha - Tue May 19, 9:09AM CDT
Pason Systems Is A Cash Cow
Value Sniper - at Seeking Alpha - Fri May 08, 3:44PM CDT
BUYINS.NET: NSH, RSG, IDXX, PSI, EFG, WBMD Are Seasonally Ripe To Go Up In the Next Five Weeks
M2 - Tue Apr 07, 6:58AM CDT
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of Nustar GP Holdings LLC (NYSE:NSH), Searchgold Resources Inc (NYSE:RSG), IDEXX LABORATORIES INCORPORATED (NASDAQ:IDXX), Pason Systems Inc (NYSE
PSI: 25.63 (+0.41), WBMD: 45.45 (+0.72), RSG: 39.74 (+0.26), IDXX: 64.09 (+1.22), EFG: 70.72 (+2.06), NSH: 36.90 (+0.10)
SHO, PSI, DRH, EFG, TAL, TYPE Are Seasonally Ripe To Go Up In the Next Five Weeks
M2 - Tue Mar 10, 5:37AM CDT
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of Sunstone Hotel Investors Inc (NYSE:SHO), Pason Systems Inc (NYSE
PSI: 25.63 (+0.41), SHO: 15.70 (+0.14), TAL: 30.01 (+0.23), EFG: 70.72 (+2.06), TYPE: 24.23 (+0.51), DRH: 13.37 (+0.20)
Pason Systems - Fully Valued Entering A Tough Year
Kevin Wiens - at Seeking Alpha - Wed Mar 04, 12:18PM CST
Pason Systems: A Great Dividend While We Wait For Rig Counts To Improve
Doyle Publishing Ltd. - at Seeking Alpha - Tue Mar 03, 11:41AM CST
Pason Systems' (PSYTF) Management Discusses on Q4 2014 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Fri Feb 27, 3:59PM CST
Pason Systems' (PSYTF) CEO Marcel Kessler on Q3 2014 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Thu Nov 13, 6:13PM CST
Digital Oil Field Market Outlook 2024 - Services & by Processes Analysis of the $38 Billion Industry
M2 - Wed Oct 08, 3:19AM CDT
Research and Markets (http://www.researchandmarkets.com/research/jvhhwh/digital_oil_field) has announced the addition of the "Digital Oil Field Market by Services & by Processes - Global Trends & Forecasts to 2024" report to their offering. The global DOF market is estimated to reach $38.49 billion by 2024, with a projected CAGR of 4.6%, this signifies a high growth of Digital Oil Field services and processes. The DOF technology is a process of creating a collaborative work environment among various functionalities of upstream activities and operating partners using cutting-edge IT and automation technology. This technology is an improvement of the conventional IT and automation technology that have been used in the oil & gas industry since decades. The technology finds best use in the upstream activities. It is also applicable in downstream, finance, and marketing sectors of the oil & gas industry. This technology is defined and does not hold a generalized list of subsections as it is an integration of two extensive sectors - IT and automation - which have multiple sub sections. Digital Oil Field is also known as Integrated Operations, Intelligent Energy, Fields of the Future, I-Fields, and Smart Fields amongst industry players. North America is the leading market for Oil Field processes and services. With the rising demand of crude oil, the oil & gas companies have started to redirect their exploration focus towards the unconventional and deep hydrocarbon reservoirs such as shale gas, coal bed methane (CBM), tight gas, heavy oil, and pre-salt - considered as original due to low availability of conventional reservoirs. The petroleum industry currently has advanced IT based machinery and software to carry out operations in different unconventional and deep reservoir conditions. This leads way for new age technology as the tool to execute stiff operations. This factor drives the DOF technology and increases receptiveness in the industry. Scope of the Report Services Automation & Instrumentation - DCS - SCADA - PLC - Smart Well - CPM IT Services - Outsourcing - Equipment - Software Processes - Reservoir - Production - Drilling Optimizations Companies Mentioned - Baker Hughes - Halliburton - Honeywell International Inc. - Istore - Kongsberg Gruppen - National Oilwell Varco, Inc. - Pason Systems Corp. - Petrolink - Schlumberger Ltd. - Siemens AG - Vmonitor - Weatherford International Ltd. For more information visit http://www.researchandmarkets.com/research/jv..._oil_field
HON: 102.41 (+1.23), WFT: 11.33 (-0.15), SLB: 83.96 (+0.41)