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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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 .
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.
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. Request a Sample Copy of the Report @ http://www.mrrse.com/sample/300 .
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