The enhanced oil recovery market report by Transparency Market Research provides an in-depth analysis of the global enhanced oil recovery industry. The report segments the market on the basis of technology and region and also provides the forecasts and estimates for each technology.
Enhanced Oil Recovery (EOR) Market Trends and Growth to 2023
1. Enhanced Oil Recovery (EOR) Market - Global Industry A
nalysis, Size, Share, Growth, Trends and Forecast 2013
- 2023
Published By:
Transparency
Market Research
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2. Report Description
The enhanced oil recovery market report by Transparency Market Research
provides an in-depth analysis of the global enhanced oil recovery industry.
The report segments the market on the basis of technology and region and
also provides the forecasts and estimates for each technology. The report
also analyses the demand and supply characteristics of the market by
providing a detailed forecast and analysis of volume and revenue for the
period 2013 to 2023.
Enhanced Oil Recovery method mainly uses three technologies including
Thermal injection, Gas injection and Chemical injection.Thermal injection
technology is mostly used for the extraction of heavy viscous crude oil.
Thermal energy is injected into the reservoir for increasing the temperature
and reducing the viscosity of crude oil. Steam injection and in-situ
combustion are common using methods for thermal injection. Widely used
steam injection methods are steam assisted gravity drainage (SAGD), cyclic
steam stimulation (CSS) and steam flooding.
Complete Report with TOC @
http://www.mrrse.com/enhanced-oil-recovery-market .
3. Scope
The gas injection method is applicable for light oil reservoirs. It specially
uses CO2 on carbonate and sandstone fields. Gas injection technology is
expected to increase for two reasons including disposal of greenhouse gas
and increase in oil recovery. Other gases such as hydrogen and nitrogen are
also used for oil recovery but to a limited extent. The CO2. Chemical EOR
method uses alkali, polymer and surfactant solutions to increase oil
recoveries. Objective of chemical EOR method is to reduce the interfacial
tension between water and oil through the use of surfactant solutions and
to control the mobility by adding polymers. Commonly used polymer in
chemical EOR method is Hydrolyzed polyacrylamide.
However, with advancements in technology gas injection and chemical
injection EOR technologies are rising at a remarkable rate. Gas injection
technology serves a dual purpose: disposal of greenhouse gas and
extraction of crude oil from the reservoirs. CO2 released into the
atmosphere through power generation and industrial sector, is utilized in
gas injection technology to extract crude oil. Thus the huge amount of CO2
is captured for EOR technologies which may pollute the environment. With
the upcoming chemical EOR projects in countries, share of chemical EOR
technology is going to increase in the coming years.
4. Key Players
The report also provides a thorough analysis and revenue of companies
such as Anadarko Petroleum Corporation, BP Plc, Cenovus Energy Inc,
Chevron Corporation, ExxonMobil Corporation, Royal Dutch Shell Plc and
Statoil ASA among others. The report also provides key players involved in
SSG systems such as Hammon Deltak Inc, Nooter/Eriksen, Premier Energy
Inc, Vogt Power and EN-FAB among others.
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http://www.mrrse.com/sample/300 .
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