Main error is "Could not reserve enough space for 2097152KB object heap"
It looks like a memory issue.
2097152KB means 2 GB.
Do you have enough RAM on that machine ?
Is it a virtual machine ? Provide more RAM.
thanks for your reply.
We have 36 GB RAM and no other application is running on it
Then move this thread to Weblogic team.
It is pure Weblogic issue and WLS skills are needed.