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Oilfield Modeling Services


ProcurementIQ’s Oilfield Modeling Services procurement research is intended to help you save time and money in the initial research stages of the buying process. Our data and analysis explain the characteristics, pricing dynamics, supply chain risks and negotiation tactics of Oilfield Modeling Services to help your company negotiate strategically with suppliers. Our report insights also give your company the credibility to work with internal stakeholders and executives to better manage the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Oilfield Modeling Services - Recent Price Trend

In the three years to 2018, the price of oilfield modeling services has been rising at an estimated average annual rate of 1.5%. Relatively slow price growth and negligible price volatility have benefited buyers during the period.Prices for oilfield modeling services have been trending upward due to rising demand from buyers that have continued to devote more funds toward new oil drilling and gas.

Oilfield Modeling Services - Total Cost of Ownership

The total cost of ownership for oilfield modeling services is low, accounting for less than 50.0% of the benchmark purchase price per year. There are only a few hidden costs associated with the procurement of oilfield modeling solutions, and buyers benefit from the relative transparency of the purchasing process. At the same time, it is important to keep in mind that the total cost of ownership.

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About this Report

This report is intended to assist buyers of oilfield modeling services. Operators in this market provide a variety of services aimed at evaluating an oil and gas reservoir, including oilfield completion models, drilling models, economic models, production models, risk management services, geological models, geophysical models, reservoir models and field development models. The goal of all of these oilfield modeling services is to aid buyers in designing long-term production plans at new and developed fields. This report does not cover well service engineering, oilfield data management or oilfield production operations management services.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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