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Showing posts with the label Seismic Services Market Forecast

Seismic Services Market to be dominated by Data Acquisition type through 2027

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  Increasing use of seismic technology in shale has exploration and surge in energy requirements are driving the growth of global seismic services market in the forecast period, 2023-2027. According to TechSci Research report,  “ Seismic Services Market  - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027 ” , the global seismic services market is anticipated to witness moderate growth in the forecast period, 2023-2027. Seismic services are crucial to finding the geographical properties of the earth, such as elastic, thermal, gravitational, magnetic, and electrical properties that are used to explore natural gas, petroleum, and mineral deposits. By utilizing the seismic tools, lateral and depth variations and hydrocarbon can be detected, which simplifies the process of oil and gas exploration and production. Rapid urbanization and the proliferation of smart devices are increasing oil and gas exploration activities as they require energy for func...