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Avail Sample Copy of report @ https://www.xpodenceresearch.com/Request-Sample/105733 \n\nXpodence Research has added New Report “Global Chemical Enhanced Oil Recovery Market Research Report, Growth (2018)” Forecast to its research database.\n\nObtain report details @ https://www.xpodenceresearch.com/Reports/Chemical-Enhanced-Oil-Recovery-Market \n

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global chemical enhanced oil recovery market

Global Chemical Enhanced Oil Recovery Market

Extracting or Receiving Raw Hydrocarbons from Sea Beds

description

DESCRIPTION

 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.

regions

REGIONS

 North America

 Europe

 Asia-Pacific (APAC)

 Middle East & Africa (MEA)

 Latin America

key players

KEY PLAYERS

 ExxonMobil Corporation

 Anadarko Petroleum Corporation

 Cenovus Energy Inc

 Royal Dutch Shell Plc

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 Global Chemical Enhanced Oil Recovery Market Trends, Analysis, And Forecast To 2025

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