Overview
The 800 geophysical surveying and mapping service providers in the US gather, interpret, and map geophysical data, primarily for oil and natural gas companies. Individual clients commission proprietary or exclusive surveys, which generally cover a limited area. Multi-client surveys are funded by geophysical surveying companies, which then own and market or license the data to clients.
Dependence on the Fossil Fuel Industry
Demand for geophysical surveying and mapping services is dependent on the level of spending on the oil and natural gas industry, which is cyclical and affected by global market conditions.
Horizontal Well Growth
Horizontal wells, which run parallel to the geologic layers in tight formations and allow producers to access more of the oil- and natural gas-bearing rock than drilling vertically, have emerged as the dominant form of US production.
Industry Financial Benchmarks
Here are typical financial statements for geophysical surveying and mapping services.
This data is provided by Powerlytics, Inc. Powerlytics is a big data predictive analytics platform provider with the most comprehensive, accurate and granular consumer and business financial data available in the marketplace. Its proprietary platform provides a comprehensive financial view of the over 200 million adults and 30 million businesses that comprise the American economy. Learn more about Powerlytics products & data.
Need more detailed financial business or consumer/customer data for your client or prospect? Powerlytics can break down this data by specific industry segments, size of business, or geographic market as well as providing income, health, risk, and market opportunity associated with U.S. consumers. To contact us or order data, click here.
Loading…
To View this chapter for free, Please register.
Get Started Free
To view a Sample Report, click here
To View this chapter, Please purchase the full Profile.
Purchase Profile for Just $99
To view a Sample Report, click here