Enhanced Oil Recovery Market: Market Analysis
An aggregate number of matured fields, as well as rising need for crude to meet the petroleum product demand, is expected to be the major drivers for the enhanced oil recovery market. Besides, new technologies are being developed in the market such as chemical enhanced oil recovery to reduce the cost of oil recovery. However, government initiatives toward adoption of oil recovery technology coupled with stringent government regulations are a restraining factor hindering the growth of this market.
Get the free Sample: http://bit.ly/2AttbEY
Enhanced Oil Recovery Market: Introduction
The way increase oil production is through the tertiary recovery method or EOR. Although more expensive to employ on a field, EOR can increase production from a well to up to 75% recovery.
Oil production is parted into three parts: primary, secondary and tertiary, which is known as Enhanced Oil Recovery (EOR).
Enhanced Oil Recovery Market: Segmentation
The global enhanced oil recovery market is segmented by technology, application and geography
Based on the technology this market is divided into gas, thermal, chemical and others.
Based on the application the enhanced oil recovery market is segmented into
Onshore
Offshore

Based on Geography:
The enhanced oil recovery market is segmented on the basis of following geographies are North America, Europe, Asia Pacific and Rest of the World.
To know more Visit: http://bit.ly/2RgGQ7Z
Enhanced Oil Recovery Market: Top Major Key players
The major key vendors in enhanced oil recovery market include, Halliburton, National Aluminium Company, Total, ConocoPhillips, Schlumberger, Baker Hughes, Statoil, Occidental Petroleum, Lukoil, Denbury Resources, Exxon Mobil, Royal Dutch Shell, Praxair Technology, Husky Energy, Wintershall, Cenovus Energy, British Petroleum, Chevron, Kinder Morgan, China National Petroleum, Titan Oil Recovery, ADNOC and Canadian Natural Resources.
Visit Our Company Profile: http://bit.ly/2Aud3Dz
Media Contact:
Ganesh Sai
616 Corporate Way, Suite 2-4268
Valley Cottage, NY, United States
Email: [email protected]
Tel: +1(845)875-9786, +44(0) 20 23869707