South America Enhanced Oil Recovery (Thermal, Miscible Gas, Chemical & Others) Market 2012-2022 By Onshore Vs. Offshore, By Type, Competition Forecast & Opportunities – Research and Markets

June 26, 2017

DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “South
America Enhanced Oil Recovery Market By Onshore Vs. Offshore, By Type
(Thermal, Miscible Gas, Chemical & Others), Competition Forecast &
Opportunities, 2012-2022” report to their offering.

South America enhanced oil recovery market is projected to grow at a
CAGR of over 10% during 2017-2022.

Factors leading to an incline in South America enhanced oil recovery
market include: growing need to improve production of extra heavy crude
oil and increasing recovery factor from ageing crude oil fields. Brazil
and Venezuela are forecast to drive demand for enhanced oil recovery
market in South America.

In South America, there are 7 basins which are capable of using CO2
based EOR activities, by which 93 billion barrels of potential crude oil
can be produced. High cost of exploration and rise in number of maturing
oil fields are further anticipated to propel EOR market in South America
over the coming years.

Market Trends & Developments

Use of Microorganisms for Enhanced Oil Recovery
Utilization of Solar Energy for Steam Flooding in Maturing Fields
Use of Robotics for Enhanced Oil Recovery
Treatment of Low Saline Water to Conduct Thermal Enhanced Oil Recovery
Development in Enhanced Oil Recovery Techniques for Unconventional
Resources
Higher Viscosity and Larger Slug Size Polymer Flooding for Heavy Oil
Recovery

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Analyst View

4. Enhanced Oil Recovery Economic Model

5. Global Enhanced Oil Recovery Market Outlook

6. South America Enhanced Oil Recovery Market Outlook

7. Market Dynamics

8. Market Trends & Developments

9. Competitive Landscape

Baker Hughes Inc.
Chevron Corporation
ConocoPhillips Company
Exxon Mobil Corporation
Petroleo Brasileiro S.A (Petrobras)
Schlumberger Limited
The Halliburton Company

For more information about this report visit https://www.researchandmarkets.com/research/ph3kdg/south_america

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Related
Topics: Oil