Enhanced Oil Recovery (EOR) Market Size And Forecast, By Technology (Gas Injection, Thermal, Chemical), By Application (Onshore, Offshore) And Trend Analysis, 2014 - 2025

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Enhanced Oil Recovery (EOR) MarketShare, Size, Analysis,
Growth, Strategies, Trends and Forecasts to 2025 | Hexa Research
The global Enhanced Oil Recovery (EOR) Market size is estimated to reach USD 55.02 billion by 2025, fueled
by the increasing demand for energy in a broad range of applications including manufacturing, infrastructure
and utilities. Rising number of aged wells resulting in low oil output has paved the way for advanced
technologies including EOR to achieve optimum production.
Keeping these driving factors in mind, companies are focusing on developing advanced technologies to
extract more oil from existing wells rather than erecting new wells. For instance, in June 2014, Statoil ASA
opened its new research & development center for improved oil recovery at Rotvoll in Trondheim, mid-
Norway.
BP, a producer of energy and EOR, launched the concept of “Bright Water”, which is a thermally activated
microscopic particle that increases oil recovery by directing water into potentially untapped oil-rich areas.
Since its inception, the technology has undergone several modifications to make it suitable for every type of
terrain and age of the well.
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"Enhanced Oil Recovery (EOR) Market Worth USD
55.02 Billion By 2025"

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Swift adoption of advanced technologies to enhance output and the presence of a large number of aged wells
as compared to other regions has resulted in North America dominating the overall market with a volume
share of 42.4% in 2016. A substantial amount of oil production in California and exploration of oil sands in
Canada have generated a vast opportunity for the growth of the EOR market in North America. Moreover,
favorable government regions supporting E&O activities is expected to boost growth over the next few years.
The presence of a significant number of onshore wells has resulted in the technology being utilized
extensively in this application. However, these wells have reached their maturity resulting in lowered output.
Nonetheless, untapped potential of offshore wells is expected to drive the demand for the technology in this
segment which is likely to lead to a revenue growth of 8.4% from 2017 to 2025.
The industry has been marked by the presence of large-scale companies that have been operating in the
market for a substantial period including ExxonMobil, BP, Chevron Philips, Shell, and Statoil. These players
participate across the value chain and have very few discriminating factors among them. Ageing of wells
coupled with rising population resulting in an escalating demand for energy is expected to augment the
growth of the EOR market.
Hexa Research has segmented the global EOR market on the basis of technology, application and region:
Segmentation by Technology, 2014 - 2025 (Million Bbl) (USD Million)
• Gas injection
• Thermal
• Chemical
• Others
Segmentation by Application, 2014 - 2025 (Million Bbl) (USD Million)
• Onshore
• Offshore
Segmentation by Region, 2014 - 2025 (Million Bbl) (USD Million)
• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• Russia
• Asia Pacific
• China
• Japan
• Australia
• Middle East & Africa
• Saudi Arabia
• Central & South America

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Key players analyzed:
• China Petroleum & Chemical Corporation
• BP plc
• ExxonMobil Corporation
• Royal Dutch Shell plc
• Chevron Phillips Chemical Company LP
• Petronas
• Nalco Company
• Statoil ASA
• Lukoil Oil Company
• Praxair, Inc.
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Table of Content of Enhanced Oil Recovery (EOR) Market
Chapter 1. Market Summary
1.1. Market trends & movement
Chapter 2. EOR Market Trends: Drivers & Opportunities
2.1. Introduction
2.2. Key industry trends
2.3. Market drivers
2.4. Market restraints
2.5. Value chain analysis
2.6. Porter's Five Forces analysis
2.7. SWOT
2.8. Technology trends
2.9. Regulatory framework
Chapter 3. EOR Market Trends, By Technology
3.1. Global EOR market movement, by technology, 2016 & 2024
3.1.1. Gas injection
3.1.1.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million)
3.1.2. Thermal injection
3.1.2.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million)
3.1.3. Chemical injection
3.1.3.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million)
3.1.4. Plasma injection
3.1.4.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million)
Chapter 4. EOR Market Trends, By application
4.1. Global EOR market movement, by application, 2016 & 2024
4.1.1. Onshore
4.1.1.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million)
4.1.2. offshore
4.1.2.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million)
Chapter 5. EOR Market Trends, By Region

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5.1. Global EOR market movement, by region, 2016 & 2024
5.1.1. North America
5.1.1.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million)
5.1.1.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million)
5.1.1.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million)
5.1.2. Europe
5.1.2.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million)
5.1.2.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million)
5.1.2.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million)
5.1.3. Asia Pacific
5.1.3.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million)
5.1.3.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million)
5.1.3.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million)
5.1.4. Central & South America
5.1.4.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million)
5.1.4.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million)
5.1.4.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million)
5.1.5. MEA
5.1.5.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million)
5.1.5.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million)
5.1.5.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million)
Chapter 6. Key Country Markets
6.1. U.S.
6.1.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million)
6.1.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million)
6.1.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million)
6.2. Canada
6.2.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million)
6.2.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million)
6.2.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million)
6.3. Mexico
6.3.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million)
6.3.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million)
6.3.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million)

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6.4. Germany
6.4.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million)
6.4.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million)
6.4.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million)
6.5. UK
6.5.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million)
6.5.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million)
6.5.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million)
6.6. Russia
6.6.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million)
6.6.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million)
6.6.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million)
6.7. China
6.7.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million)
6.7.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million)
6.7.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million)
6.8. India
6.8.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million)
6.8.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million)
6.8.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million)
6.9. Australia
6.9.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million)
6.9.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million)
6.9.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million)
6.10. Saudi Arabia
6.10.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million)
6.10.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million)
6.10.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million)
Chapter 7. Competitive Landscape
7.1. Vendor landscape analysis, 2016
7.2. Strategic framework
7.3. Company profiles
7.3.1. ExxonMobil Corporation
7.3.1.1. Company Overview

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7.3.1.2. Application Benchmarking
7.3.1.3. Financial Performance
7.3.1.4. Recent Initiatives
7.3.2. BP plc
7.3.2.1. Company Overview
7.3.2.2. Application Benchmarking
7.3.2.3. Financial Performance
7.3.2.4. Recent Initiatives
7.3.3. China Petroleum & Chemical Corporation
7.3.3.1. Company Overview
7.3.3.2. Application Benchmarking
7.3.3.3. Financial Performance
7.3.3.4. Recent Initiatives
7.3.4. Royal Dutch Shell plc
7.3.4.1. Company Overview
7.3.4.2. Application Benchmarking
7.3.4.3. Financial Performance
7.3.4.4. Recent Initiatives
7.3.5. Chevron Philips Chemical Company
7.3.5.1. Company Overview
7.3.5.2. Application Benchmarking
7.3.5.3. Financial Performance
7.3.5.4. Recent Initiatives
7.3.6. Petronas
7.3.6.1. Company Overview
7.3.6.2. Application Benchmarking
7.3.6.3. Financial Performance
7.3.6.4. Recent Initiatives
7.3.7. Nalco Company
7.3.7.1. Company Overview
7.3.7.2. Application Benchmarking
7.3.7.3. Financial Performance
7.3.7.4. Recent Initiatives
7.3.8. Statoil ASA
7.3.8.1. Company Overview

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7.3.8.2. Application Benchmarking
7.3.8.3. Financial Performance
7.3.8.4. Recent Initiatives
7.3.9. Lukoil Oil Company
7.3.9.1. Company Overview
7.3.9.2. Application Benchmarking
7.3.9.3. Financial Performance
7.3.9.4. Recent Initiatives
7.3.10. Praxair Technology
7.3.10.1. Company Overview
7.3.10.2. Application Benchmarking
7.3.10.3. Financial Performance
7.3.10.4. Recent Initiatives
7.3.11. List of other vendors
Chapter 8. Methodology and Scope
8.1. Research methodology
8.2. Research Scope & Assumptions
8.3. List of data sources

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