Global Oil and Gas Exploration Market 2015 Industry Outlook to 2022
The Global Oil and Gas Exploration market is valued at $24.4 billion in 2014 and is expected to reach $36.7 billion by 2022 with a CAGR of 5.23% during forecast period of 2014-2022. Oil exploration companies are exploring for oilfields to fulfill the gap between supply and demand. The exploitation of development of unconventional oil and gas reserves and deep-water reserves is being followed by the majority of oil and gas companies. This exploitation requires IT infrastructure, data analysis and...
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