Press release
Enhanced Oil Recovery Market Growth and Demand Forecast to 2024 | Top Players Praxair, Inc, BASF, Halliburton, Schlumberger, FMC Technologies, Secure Energy Services Inc., Shell
Download the Sample Report @ https://www.psmarketresearch.com/market-analysis/enhanced-oil-recovery-market/report-sample
Crude oil can be obtained from reservoirs through three methods: primary recovery, secondary recovery, and tertiary (enhanced) recovery. In primary recovery, the natural pressure of the reservoir drives the oil into the wellbore. The method can also be carried out with the help of an artificial lift to bring the oil to the surface. However, most of the oil that can be recovered from this method has already been recovered by producers. Hence, oil-producing companies are now using tertiary or enhanced oil recovery techniques of oil extraction.
Get the detailed analysis @ https://www.psmarketresearch.com/market-analysis/enhanced-oil-recovery-market
On the basis of technology, the enhanced oil recovery market is categorized into gas enhanced oil recovery, thermal enhanced oil recovery, and chemical enhanced oil recovery. Of these, the most widely used technique for extracting heavy viscous crude oil from reservoirs is thermal enhanced oil recovery, in which oil recovery is carried out by injecting thermal energy into the reservoir to decrease the viscosity and increase the temperature of the crude oil.
Request to customize @ https://www.psmarketresearch.com/customization/enhanced-oil-recovery-market
Since most of the oil reserves are heavy-oil reserves, thermal enhanced oil recovery is the widely employed technique around the world. In-situ and steam injection methods are primarily employed for thermal injection. Steam flooding, steam-assisted gravity drainage, and cyclic steam stimulation are some common steam injection methods. Steam flooding is used for light-oil reservoirs having depth less than 3,000 feet, whereas in-situ method is generally used for heavy-oil sandstone reservoirs.
The enhanced oil recovery market is expected to witness significant growth in emerging oil-producing regions, particularly Africa and the Pacific Ocean. These regions have vast unexplored reserves of oil and gas, which are sufficient to meet the growing energy demand. The untapped oil reserves in these regions, therefore, offer lucrative opportunities to the players operating in the market.
About P&S Intelligence:
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
Contact:
P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: www.psmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Enhanced Oil Recovery Market Growth and Demand Forecast to 2024 | Top Players Praxair, Inc, BASF, Halliburton, Schlumberger, FMC Technologies, Secure Energy Services Inc., Shell here
News-ID: 1620910 • Views: …
More Releases for P&S
Only 17 Stocks in the S&P 500 Have Outperformed the S&P 500 Index in EACH of the …
Image: https://www.getnews.info/wp-content/uploads/2024/04/1711974100.png
Washington, DC - April 1, 2024 - 17 stocks in the S&P 500 have consistently beaten the performance of the S&P 500 index on an annual basis over each of the last 4 years. At StoxxUSA.org, our equity analysis team has identified these StoxxUSA "Stars" which have beaten their respective index in each of the last 4 years.
Image: https://www.getnews.info/uploads/e8f37ff33afc4fe8e335ecca5313f8f4.jpg
The S&P "Stars" Report is prepared by StoxxUSA.org. StoxxUSA.org is not…
Europe is Dominating Glycolic Acid Industry - P&S Intelligence
The glycolic acid market was valued at USD 309.3 million in 2021, and it is set to reach USD 604.4 million by 2030, growing at a CAGR of 7.7% between 2021 and 2030, according to a research report by a market research company P&S Intelligence.
In 2021, the personal care and cosmetics category held the largest market share at 58.2%. this is due to glycolic acid being extensively utilized in skincare…
Immunotherapy Drugs Market Opportunity Assessment Study - P&S Intelligence
Hospitals and clinics were the key end users in the immunotherapy drugs market, with 81.0% contribution in 2017. The adoption of immunotherapy drugs has been increasing in hospitals and clinics, owing to growing patient population, increasing healthcare expenditure, and rising prevalence of chronic diseases, leading to dominate the end-user segment.
North America was the largest immunotherapy drugs market during the historical period, with more than 50.0% contribution in 2017. This can…
Neurostimulation Device Market Opportunity Assessment Study - P&S Intelligence
The neurostimulation device market is growing, due to increasing geriatric population, increasing prevalence of chronic pain, and increasing incidents of neurological disorders. In addition, the awareness about mental diseases and their treatment is also increasing across the globe.
Explore Report with Detailed TOC on “Global Neurostimulation Device Market” at: https://www.psmarketresearch.com/market-analysis/neurostimulation-devices-market
The information and data in the publication “Global Neurostimulation Device Market Size, Share, Development, Growth and Demand Forecast to 2022” represent the…
P&S Market Research
Isobutanol is expected to perceive significant demand as an alternative to conventional fuel. The high demand of the product is attributed to its increasing adoption as an alternative for ethanol in gasoline. It is widely used in the production of isobutyl acetate. The isobutanol market is driven by wide acceptance in the various consumer product industries, such as food processing industry and lacquer.
Get Sample Copy of This Report @https://www.psmarketresearch.com/market-analysis/isobutanol-market/report-sample
On the…
P&S Market Research
Supercapacitor Market Size, Share, Development, Growth and Demand Forecast to 2020
The growing need for increased battery life in smartphone, laptop, and other similar consumer electronics products has increased the market penetration of supercapacitors in various new applications. Supercapacitors are now used for the extended battery backup in smartphone, and laptops; moreover, the replacement of conventional capacitor with them is expected to drive the growth of the global market during the…
