South America Enhanced Oil Recovery Market By Onshore Vs. Offshore, By Type, Competition Forecast & Opportunities, 2012 âEUR" 2022
LONDON, May 31, 2017 /PRNewswire/ -- 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.
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South America enhanced oil recovery market is projected to grow at a CAGR of over 10%, in value terms, during 2017-2022. Few of the leading players in South America enhanced oil recovery market include The Halliburton Company, Schlumberger Limited, Baker Hughes Inc., Exxon Mobil Corporation, Chevron Corporation, ConocoPhillips Company, and Petroleo Brasileiro S.A (Petrobras). "South America Enhanced Oil Recovery Market, Competition Forecast & Opportunities, 2012 - 2022" report elaborates following aspects of the EOR market in South America:
- South America enhanced oil recovery market Size, Share & Forecast
- Segmental Analysis - By Onshore vs. Offshore, by Type (Thermal, Miscible Gas, Chemical and Others) and By Country
- Changing Market Trends and Emerging Opportunities
- Competitive Landscape
Why You Should Buy This Report?
- To gain an in-depth understanding of enhanced oil recovery market in South America
- To identify the on-going trends and segment wise anticipated growth in the coming years
- To help industry consultants, tire companies and other stakeholders to align their market-centric strategies
- To obtain research based business decision and add weight to presentations and marketing material
- To gain competitive knowledge of leading players
- To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer's specific needs
Report Methodology
The information contained in this report is based on both primary and secondary sources. Primary research included interviews with EOR product manufactures, EOR product manufacturing companies, distributors, retailers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
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