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Extracting or Receiving Raw Hydrocarbons from Sea Beds
The technique that is used to augment the crude oil amount that can be extracted from the reservoir is referred
to as chemical enhanced oil recovery. In this procedure, the oil recovery is improved by injecting substance into
the oil well so as to increase pressure and diminish crude oil viscosity. In traditional process, the recovery from oil
well is over 25% of the oil reserve capacity whereas with the help of EOR techniques around 70% of the oil can be
extracted from the reservoir. In instances of heavy oil reservoir where extraction of crude from primary recovery
is difficult, the techniques of EOR such as thermal injection are broadly used to enhance the oil recovery process.
However, in cases when the reservoirs are deep or too thin, this technique is not effective. Also, high capital
investment is required in case of thermal injection technique which may offer feasible solution in case of smaller
oil fields. In similar manner, the techniques of chemical injection are highly effective to boost the yield in case of
wet oil reservoirs. High usage of gas injection techniques as tertiary recovery method especially CO2 injection
techniques are anticipated to step up the enhanced oil recovery market growth.
Middle East & Africa (MEA)
Anadarko Petroleum Corporation
Cenovus Energy Inc
Royal Dutch Shell Plc
Global Chemical Enhanced Oil Recovery Market Trends, Analysis, And Forecast To 2025
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