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(IT-NEWSWIRE.COM, September 18, 2015 ) Portland, OR --
About enhanced oil recovery
Enhanced oil recovery (EOR) is also known as tertiary recovery. It uses various technologies to enhance the production of oil after the recovery from primary and secondary recovery methods and to improve the hydrocarbon mobility within a reservoir and restore the formation pressure. EOR plays a significant role in improving oil production, especially in case of mature oilfields. The primary recovery methods can produce around 10% of the reservoir's initial oil-in-place while the secondary methods have an oil recovery factor of 20-50%. EOR can extract 30-60% of the oil-in-place.
Global EOR Market to grow at a CAGR of 16.93% during 2014-2019.
Covered in this report
This report covers the present scenario and the growth prospects of the Global EOR Market for the period 2015-2019.
Global EOR Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends emerging in the market.
The report includes a discussion of the key vendors operating in this market.
Report Enquiry @ http://www.bigmarketresearch.com/report-enquiry/321062
Key vendors
ExxonMobil
Royal Dutch Shell
Chevron
BP
Total
Other prominent vendors
Canadian Natural Resources
Cenovus Energy
China National Petroleum
ConocoPhillips
Denbury Resources
Kinder Morgan
Lukoil
Nexen
Occidental Petroleum
Petrσleos de Venezuela
Petrσleos Mexicanos
Petrobras
Petroleum Development Oman
Suncor Energy
Market driver
Increase in global oil and gas consumption
For a full, detailed list, view our report
Market challenge
High capital investment
For a full, detailed list, view our report
Market trend
EOR as a method for carbon sequestration
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space and what is their portfolio matrix?
What are the market opportunities and threats faced by the key vendors?
What is the competitive landscape as characterized by geography?
What are the strengths and weaknesses of the key vendors?
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Big Market Research
James Jordan
+ 1-503-894-6022
james@bigmarketresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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