Enhanced oil recovery (abbreviated EOR) is the implementation of various techniques for increasing the amount of crude oil that can be extracted from an oil field. Enhanced oil recovery is also called tertiary recovery (as opposed to primary and secondary recovery).
According to the US Department of Energy, there are three primary techniques for EOR: thermal recovery, gas injection, and chemical injection. Sometimes the term quaternary recovery is used to refer to more advanced, speculative, EOR techniques. Using EOR, 30 to 60 percent, or more, of the reservoir's original oil can be extracted, compared with 20 to 40 percent using primary and secondary recovery.
In 2018, the global Enhanced Oil Recovery market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Enhanced Oil Recovery status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Enhanced Oil Recovery development in United States, Europe and China.
The key players covered in this study
BP
Chevron
Exxon Mobil
Halliburton
Royal Dutch Shell
Schlumberger
China Petroleum & Chemical Corporation
PJSC Lukoil Oil Company
Praxair Technology
Petroleo Brasileiro
Cenovus Energy
Market segment by Type, the product can be split into
Thermal Recovery Enhanced Oil Recovery
Gas Injection Enhanced Oil Recovery
Chemical Injection Enhanced Oil Recovery
Market segment by Application, split into
Onshore
Offshore
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Enhanced Oil Recovery status, future forecast, growth opportunity, key market and key players.
To present the Enhanced Oil Recovery development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Enhanced Oil Recovery are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Enhanced Oil Recovery . Industry analysis & Market Report on Enhanced Oil Recovery is a syndicated market report, published as Global Enhanced Oil Recovery Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Enhanced Oil Recovery market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.