1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas
  5. > Oil
  6. > Oil Extraction Market Trends

Enhanced Oil Recovery Market by Technology (Thermal, Gas, Chemical, Microbial and Seismic) and by Applications (Onshore and Offshore) - Global Trend & Forecast to 2019

  • January 2015
  • 154 pages
  • MarketsandMarkets
Report ID: 2661576

Summary

Table of Contents

Search Inside

The increase in demand of enhanced oil recovery fluids for revitalization of aging brown fields for oil & gas production is expected to be a major driver for the enhanced oil recovery market. The enhanced oil recovery market is expected to grow at a healthy growth rate of 18.2% between 2014 and 2019. Chemical EOR is the fastest growing technology within enhanced oil recovery market across the globe and are suitable for all the application areas including onshore and offshore.

The market was segmented on the basis of application areas, type, and regions in terms of value and volume. The market segments by application areas include onshore and offshore. The market segments for types include thermal EOR, chemical EOR, gas EOR, and other EOR. The geographic segmentation includes market size and market volume of North America, Asia-Pacific, Europe, South America, Africa, and Middle East.

The overall market size of EOR has been presented in terms of excess production, that is, on the basis of the barrels of oil produced via EOR method. The same is further split on the basis of method used to recover a particular type of oil. The oil prices from authentic sources have been taken into consideration while calculating the market size in terms of value of EOR.

The report provides a full analysis of key companies and competitive analysis of developments recorded in the industry during the past five years. In the report market drivers, restraints, opportunities, and challenges of the market are discussed in detail. The leading players in the market such as Nalco Company (U.S.), Praxair technology Inc. (U.S.) Royal Dutch Shell PLC. (The Netherlands) and FMC Technologies Inc. (U.S.) have been profiled in this report to provide an insight of the competitive scenario in the enhanced oil recovery market. Agreements, contracts, joint ventures, and partnerships have been the key strategies adopted by leading companies to accommodate the fast changing technologies in the application areas and to increase their market share. Companies have also adopted strategic expansion and mergers & acquisitions to bridge the existing gaps in their product offerings, the end market requirements, and the geographical constraints. These strategies have been adopted by leading companies to ensure retention of considerable market share within the highly fragmented enhanced oil recovery market.

With the emergence of EOR techniques, the operators, NOC’s, and IOC’s are concentrating on increasing efficient well production and revisiting abandoned and aging wells. The key players of enhanced oil recovery market prefer agreements, contracts, joint ventures, and partnership strategies and mergers & acquisitions to garner a larger share in the market. Leading enhanced oil recovery service providers and manufacturers are focusing on the emerging countries that are estimated to show potential for industrial development in the near future.

On the basis of application areas
• Onshore
• Offshore

On the basis of type
• Thermal EOR
• Chemical EOR
• Gas EOR
• Other EOR

On the basis of region
• North America
• Asia-Pacific
• Europe
• South America
• Africa
• Middle East

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Enhanced Oil Recovery: Technologies and Global Markets

  • $ 5501
  • Industry report
  • June 2017
  • by BCC Research

• The global enhanced oil recovery (EOR) market totaled nearly $22.9 billion in 2016 and should total $30.4 billion by 2021, with a five-year compound annual growth rate (CAGR) of 5.9% through 2021. ...

Global Enhanced Oil Recovery Market By Onshore Vs. Offshore, By Type (Thermal, Miscible Gas, Chemical & Others), By Region (North America, Europe, Asia-Pacific, etc.), Competition Forecast & Opportunities, 2012 – 2022

  • $ 4000
  • Industry report
  • April 2017
  • by TechSci Research

The process of extracting the remaining oil from the field by tertiary methods is known as Enhanced Oil Recovery (EOR). Oil recovery from primary and secondary methods cumulatively amounts to 30% to 40% ...

Global Enhanced Oil Recovery Market 2017-2021

  • $ 3500
  • Industry report
  • May 2017
  • by Infiniti Research Limited

About Enhanced Oil Recovery Enhanced oil recovery also known as tertiary recovery in oil production involves the use of various technologies to enhance oil production and restore formation pressure afte ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.