October 11, 2010 08:08 ET

Advanced Oil & Gas Exploration Technology Market to Reach $9.7 Billion in 2010

ROCKVILLE, MD--(Marketwire - October 11, 2010) - has announced the addition of Visiongain's new report "The Advanced Oil & Gas Exploration Technologies Market, 2010-2020" to their collection of Exploration & Drilling market reports. For more information, visit

"The Advanced Oil & Gas Exploration Technologies Market, 2010-2020" outlines trends in the advanced exploration industry and anticipates the direction of the market as one of the key components of the upstream oil & gas industry over the next decade, outlining the strengths and weaknesses of different markets with targeted sales forecasts.

Based on the research, global sales of advanced oil & gas exploration technologies will total $9.7bn in 2010. The report analyzes, quantifies and forecasts the expected spending in the global and regional advanced exploration markets over the period 2010-2020. These forecasts are underpinned by Visiongain's expectation of recovering demand for exploration and of a broader role for exploration methods in the next decade.

This report offers in depth analysis of advanced exploration -- an industry dealing with significant uncertainty in both the short- and long-term. Various submarkets of the advanced oil & gas exploration market are developing in interesting directions which are outlined in this report. The report analyzes a wealth of data and introduces a clear analysis of the expected direction of market development based upon diverse factors and insight into the market, anticipating how and why the market will evolve from 2010 onwards.

The report also describes the most important new methods and techniques emerging within the advanced oil & gas exploration industry and assesses their importance for the growth of the exploration market over the long term. The various drivers and restraints of the market are assessed in order to provide readers with specific insights into the future direction of the advanced exploration market.

For more information, visit

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