Global enhanced oil recovery market to produce 2.943 Million Barrels per day in 2013

Thursday 16 May 2013, Amsterdam

The new report, The Enhanced Oil Recovery (EOR) Market 2013-2023: Thermal, Gas and Chemical Production, indicates that the global EOR market will see production of 2.943 million barrels per day in 2013.

The lead analyst of the report commented that: ‘The current era of high oil prices is generating a great deal of interest in enhanced oil recovery methods, and the industry is undergoing a period of strong growth. Each of the three main categories of EOR (thermal, gas and chemical) is set to see a substantial increase in production over the next ten years, creating opportunities for a range of companies within the oil industry.’

The report contains 182 tables, charts and graphs that add visual analysis in order to explain developing trends within the EOR market. The study provides forecasts for the period 2013-2023 in terms of barrels per day production for the global market, as well as forecasts and analysis for the three main submarkets: thermal, gas and chemical production. The report also includes market and submarket forecasts for 15 leading national markets, as well as the market for the rest of the world. In addition, the report provides profiles of the ten leading companies operating within the EOR market, including information on barrels per day production, market share and future outlook, as well as the location and method of each company’s EOR projects. Shorter profiles for a further 21 leading companies in the EOR market are also provided, in addition to the transcripts of interviews with David Sorin, Vice President of EOR at Solvay, and Susan Cole, President and CEO of Enhance Energy.

The Enhanced Oil Recovery (EOR) Market 2013-2023: Thermal, Gas and Chemical Production will be of value to anyone who wants to better understand the EOR industry and its dynamics. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the EOR industry.