Profile image
Story Views

Last Hour:
Last 24 Hours:

Global Enhance Oil Recovery (EOR) Market: Trends, Opportunities and Forecasts 2016-202

Friday, October 21, 2016 0:20
% of readers think this story is Fact. Add your two cents.

(Before It's News) adds “Global Enhance Oil Recovery (EOR) Market: Trends, Opportunities and Forecasts (2016-2021)” to its Store

The global Enhanced Oil Recovery (EOR) Market in Oil and Gas Industry has been growing at a high rate in terms of volume, on account of the shale revolution in North America. Decline in exploration and production, coupled with increase in extracting oil from old reservoirs in productive manner across the globe has been the major driver for the EOR method market. However, the decline in crude oil prices has resulted in some of the major oil and gas projects to delay and thus resulting in the decline in the CAGR of EOR market in terms of value during 2011-15. 

Report Url @

During 2016-21, Global EOR market in oilfield is anticipated to grow at a CAGR of 8.11%. Moreover, a decrease in crude oil prices will induce more pressure on the economies to exercise traditional and conventional well practises and will result in increase in EOR operations in the coming years. 

According to Publisher research report, “Global EOR Market: Trends, Opportunities and Forecasts (2016-2021) – By Type- Thermal Energy and Non Thermal Method such as Gas Injection and Chemical Injection; By Location of Application- Offshore & Onshore; By Region- N. America, S. America, Middle-East & Africa, Europe and APAC”, global EOR market is projected to exhibit a positive growth during 2016 – 2021 at a CAGR of 8.11 % in terms of volume wherein market in Middle East, Africa, Asia Pacific is anticipated to rise. On the basis of type of EOR method, market is segmented By Type (Thermal Energy and Non Thermal Method such as Gas Injection and Chemical Injection), By Location of Application (Offshore & Onshore) and By Geography (North America, South America, Middle East and Africa, Europe and APAC).

Few of the leading companies operating in Global EOR Market includes Schlumberger, Halliburton Co., Baker Hughes Inc., BP, Royal Dutch Shell, Lukoil. 

Request for Sample:

Research Methodology

Historic market trend has been figured out by various paid databases which was further triangulated with inputs and insights from industry experts, companies and stakeholders, through primary research (R&D Specialist, distributors, manufacturers, marketing managers, others). Future estimation of the market has been made through insights from industry experts, past trends, business strategies of the companies operating in the market and back of the envelope calculation.

Inquire for Discount:

Scope of the Report

The report provides Segmentation by Type

- Thermal Methods
- Non-Thermal Methods – Gas Injection and Chemical Injection

The report provides Segmentation by Location of Application

- Offshore 
- Onshore

The report provides Segmentation by Region 

- North America
- South America
- Middle East and Africa
- Europe 

The report provides Segmentation by Country

- United States
- Canada
- Brazil
- Mexico
- Qatar
- Kuwait
- Algeria
- Nigeria
- Russia
- China
- Indonesia
- Malaysia

About Us: is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.

Contact Us:

Phone: +1-646-491-9876

Email Id: [email protected]


Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.