Enhanced Oil Recovery Market by Technology and by Applications - Global Trend & Forecast to 2019

The increase in demand of enhanced oil recovery fluids for revitalization of aging brown fields for oil & gas production is expected to be a major driver for the enhanced oil recovery market. The enhanced oil recovery market is expected to grow at a healthy growth rate of 18.2% between 2014 and 2019. Chemical EOR is the fastest growing technology within enhanced oil recovery market across the globe and are suitable for all the application areas including onshore and offshore.

The market was segmented on the basis of application areas, type, and regions in terms of value and volume. The market segments by application areas include onshore and offshore. The market segments for types include thermal EOR, chemical EOR, gas EOR, and other EOR. The geographic segmentation includes market size and market volume of North America, Asia-Pacific, Europe, South America, Africa, and Middle East.

The overall market size of EOR has been presented in terms of excess production, that is, on the basis of the barrels of oil produced via EOR method. The same is further split on the basis of method used to recover a particular type of oil. The oil prices from authentic sources have been taken into consideration while calculating the market size in terms of value of EOR.


The report provides a full analysis of key companies and competitive analysis of developments recorded in the industry during the past five years. In the report market drivers, restraints, opportunities, and challenges of the market are discussed in detail. The leading players in the market such as Nalco Company (U.S.), Praxair technology Inc. (U.S.) Royal Dutch Shell PLC. (The Netherlands) and FMC Technologies Inc. (U.S.) have been profiled in this report to provide an insight of the competitive scenario in the enhanced oil recovery market. Agreements, contracts, joint ventures, and partnerships have been the key strategies adopted by leading companies to accommodate the fast changing technologies in the application areas and to increase their market share. Companies have also adopted strategic expansion and mergers & acquisitions to bridge the existing gaps in their product offerings, the end market requirements, and the geographical constraints. These strategies have been adopted by leading companies to ensure retention of considerable market share within the highly fragmented enhanced oil recovery market.

With the emergence of EOR techniques, the operators, NOC’s, and IOC’s are concentrating on increasing efficient well production and revisiting abandoned and aging wells. The key players of enhanced oil recovery market prefer agreements, contracts, joint ventures, and partnership strategies and mergers & acquisitions to garner a larger share in the market. Leading enhanced oil recovery service providers and manufacturers are focusing on the emerging countries that are estimated to show potential for industrial development in the near future.


On the basis of application areas
‧ Onshore
‧ Offshore

On the basis of type
‧ Thermal EOR
‧ Chemical EOR
‧ Gas EOR
‧ Other EOR

On the basis of region
‧ North America
‧ Asia-Pacific
‧ Europe
‧ South America
‧ Africa
‧ Middle East

TABLE OF CONTENTS

1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 STUDY SCOPE 15
1.3.1 MARKETS COVERED 15
1.3.2 YEARS CONSIDERED IN THE REPORT 15
1.4 CURRENCY 16
1.5 PACKAGE SIZE 16
1.6 LIMITATION 16
1.7 STAKEHOLDERS 16
2 RESEARCH METHODOLOGY 17
2.1 INTRODUCTION 17
2.1.1 DEMAND FOR ENHANCED OIL RECOVERY 18
2.1.1.1 Pacing Up Energy Demand 18
2.1.1.2 Demand and supply scenario of crude oil 19
2.2 MARKET SIZE ESTIMATION 21
2.2.1 MARKET BREAKDOWN & DATA TRIANGULATION 22
2.3 BREAKDOWN OF PRIMARY INTERVIEWS 23
2.4 MARKET SHARE ESTIMATION 24
2.5 KEY DATA FROM SECONDARY SOURCES 24
2.6 KEY DATA FROM PRIMARY SOURCES 25
2.7 ASSUMPTIONS 25
3 OIL CURRENT PRICES & TREND 26
3.1 IMPACT OF OIL PRICES 26
3.2 IMPACT OF DECREASE IN THE OIL PRICES 27
4 EXECUTIVE SUMMARY 28
5 PREMIUM INSIGHTS 38
5.1 ATTRACTIVE MARKET OPPORTUNITY 38
5.2 ATTRACTIVE MARKET OPPORTUNITY FOR CHEMICAL EOR 39
5.2.1 NORTH AMERICA DOMINATES THE EOR MARKET 40
5.3 U.S. HOLDS THE MAJORITY SHARE IN EOR MARKET 41
5.4 NORTH AMERICA TO DOMINATE THE GLOBAL EOR MARKET 42
5.5 TOP FIVE COUNTRIES IN ENHANCED OIL RECOVERY MARKET 43

6 MARKET OVERVIEW 44
6.1 INTRODUCTION 45
6.2 MARKET SEGMENTATION 46
6.3 MARKET DYNAMICS 47
6.3.1 DRIVERS 47
6.3.1.1 Increase In Energy Demand 47
6.3.1.1.1 Demand and supply scenario of crude oil 47
6.3.1.2 Increasing number of mature oil fields worldwide 50
6.3.1.3 Revitalization of Aging Brown Fields 50
6.3.1.4 Reinforcing Existing Reserves 50
6.3.1.5 Proved oil reserves 50
6.3.2 RESTRAINTS 52
6.3.2.1 Regulatory challenges and environmental issues 52
6.3.2.1.1 High environmental risks 52
6.3.2.2 Strict government regulations 53
6.3.3 MARKET OPPORTUNITY 53
6.3.3.1 Focus on heavy oil reservoirs 53
6.4 SUPPLY-CHAIN ANALYSIS 55
6.5 KEY INFLUENCERS 55
6.6 PORTER’S FIVE FORCES ANALYSIS 56
6.6.1 THREAT OF NEW ENTRANTS 57
6.6.2 THREAT OF SUBSTITUTES 57
6.6.3 BARGAINING POWER OF SUPPLIERS 57
6.6.4 BARGAINING POWER OF BUYERS 58
6.6.5 INTENSITY OF COMPETITIVE RIVALRY 58
7 ENHANCED OIL RECOVERY MARKET, BY TECHNOLOGY 59
7.1 INTRODUCTION 60
7.2 THERMAL-ENHANCED OIL RECOVERY 62
7.3 GAS-ENHANCED OIL RECOVERY 67
7.4 CHEMICAL-ENHANCED OIL RECOVERY 72
7.5 OTHER ENHANCED OIL RECOVERY TECHNIQUES 76
8 ENHANCED OIL RECOVERY MARKET, BY APPLICATION 81
8.1 INTRODUCTION 82
8.2 ONSHORE 83
8.3 OFFSHORE 86

9 ENHANCED OIL RECOVERY MARKET, BY REGION 89
9.1 INTRODUCTION 90
9.2 NORTH AMERICA 93
9.3 SOUTH AMERICA 96
9.4 EUROPE 99
9.5 MIDDLE EAST 101
9.6 AFRICA 104
9.7 ROW 106
10 COMPETITIVE LANDSCAPE 109
10.1 OVERVIEW 110
10.2 COMPANY DEVELOPMENT ANALYSIS 112
10.3 COMPETITIVE SITUATIONS & TRENDS 113
10.3.1 AGREEMENTS, CONTRACTS, JOINT VENTURES, & PARTNERSHIPS 115
10.3.2 MERGERS & ACQUISITIONS 117
10.3.3 NEW PRODUCT & TECHNOLOGY LAUNCHES 118
10.3.4 EXPANSIONS 119
11 COMPANY PROFILES 120
11.1 INTRODUCTION 120
11.2 BASF SE 121
11.3 HALLIBURTON CORPORATION 124
11.4 ROYAL DUTCH SHELL PLC 127
11.5 SCHLUMBERGER LTD. 131
11.6 CHEVRON PHILLIPS CHEMICAL CORPORATION 134
11.7 FMC TECHNOLOGIES INC. 136
11.8 NALCO COMPANY 138
11.9 PRAXAIR TECHNOLOGY, INC. 141
11.10 SECURE ENERGY SERVICES INC. 144
11.11 XYTEL CORPORATION 146
12 APPENDIX 147
12.1 INSIGHTS OF INDUSTRY EXPERTS 147
12.2 DISCUSSION GUIDE 147
12.3 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 151
12.4 AVAILABLE CUSTOMIZATIONS 151
12.5 RELATED REPORTS 152