Reservoir analysis is performed in oil and gas upstream operations. Subsurface data are used to analyze rocks and fluids present in oil and gas reservoirs. Such analysis is used to predict oil and gas production potential of reservoirs.

Oil and gas companies are employing various techniques to enhance production from producing oil and gas fields to meet the rising energy demand. Reservoir analysis with its accurate modeling helps oil and gas operators in decision-making. Various applications of reservoir analysis help in estimating field performance under a variety of producing schemes, which, subsequently enhances recovery from producing wells.

The application of reservoir simulation is the modeling of coalbed methane (CBM) production. This application requires a specialized CBM simulator. In addition to the normal fractured formation data, CBM simulation requires the initial pressure of the gas, diffusion coefficient, and parameters to estimate changes in absolute permeability as a function of pore-pressure depletion and gas desorption. Hence, the technological advances in reservoir modeling are expected to fuel the growth of the global reservoir analysis market at a CAGR of 5.15% during the forecast period.

Read more at http://ruchiwalt.emyspot.com/pages/get-the-analysis-of-global-reservoir-analysis-market.html#xo1ECjqzYblLJOb2.99