MRRSE announces addition of new report" Enhanced Oil Recovery (EOR) Market : Potential and Niche Segments, Geographical regions and Trends to 2013 - 2023 "to its database

1. Enhanced Oil Recovery (EOR) Market : Potential and Niche
Segments, Geographical regions and Trends to 2013 - 2023
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

2. 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. Steam injection method is mostly used in
oil sands with some ongoing projects in Canada, California and

3. Indonesia. SAGD method is mostly used in heavy oil sands of Alberta
region. Steam flooding method is used for light oil reservoirs that has a
depth of less than 3,000 feet. In-situ method is mostly used on heavy
oil sandstone reservoirs.
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recovery-market
Countries such as Canada and Romania, have some ongoing projects
using In-situ combustion process. 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

4. 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.
Major chemical EOR projects are operational in countries such as
India, Canada and Brazil. Thermal EOR is suitable for heavy oil
extraction. Maximum oil reserves have heavy oil hence; thermal
injection EOR technology dominates the global EOR market. 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

5. 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.
Asia Pacific, North America, Europe, and Rest of the World (RoW) are
the major geographic areas covered in this report. Each geographical
region has been segmented further on the basis of the technology, and
volume forecasts and estimates for each segment have been provided
for the period 2013 to 2023.
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The report also provides a thorough analysis and revenue of
companies such as Anadarko Petroleum Corporation, BP Plc,

6. 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. The report provides a detailed analysis of the
various factors influencing the enhanced oil recovery industry with the
help of Porter’s five force analysis. The analysis also helps to
understand the degree of competition in the market. The report also
analyses the value chain and the various drivers and restraints of the
enhanced oil recovery market.
Enhanced Oil Recovery Market: Technological Analysis
• Thermal
• Gas

7. • Chemical
Enhanced Oil Recovery Market: Regional Analysis
• North America
• Europe
• Asia Pacific
• Rest of the World (RoW)
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8. Table of Content
Chapter 1 Preface
1.1 Report description
1.2 Research scope
1.3 Market segmentation
1.4 Research methodology
Chapter 2 Executive Summary
Chapter 3 Enhanced Oil Recovery Market – Industry Analysis
3.1 Introduction
3.2 Market Drivers

9. 3.2.1 Growing oil demand and imports in Asia Pacific region
3.2.2 Depleting oil reserves
3.3 Market Restraints
3.3.1 Technical, cost and operational challenges
3.4 Market Opportunities
3.4.1 Increasing oil production in the Middle East using EOR
3.4.2 Increase in usage of solar EOR process
3.5 Value Chain Analysis
3.6 Porters Five Forces Analysis
3.6.1 Bargaining power of suppliers
3.6.2 Bargaining power of buyers
3.6.3 Threat from substitutes
3.6.4 Threat of new entrants
3.6.5 Degree of competition
3.7 Market Attractiveness Analysis

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