“Thermal Enhanced Oil Recovery (EOR) market spending to reach $19.2 billion in 2018 says new 185-page Visiongain report”

15 October 2018
Energy

Visiongain’s updated 185-page Thermal Enhanced Oil Recovery (EOR) Market Report 2018-2028: CAPEX & OPEX ($bn) & Production (bpd) Forecasts for Oil Sands, Heavy Oil, Steam Injection (Cyclic Steam Stimulation (CSS), Steam Flooding), Steam-Assisted Gravity Drainage (SAGD) & Other Technologies Plus Detailed Project Tables & Analysis of Leading Companies indicates that the thermal EOR market expenditure will reach of $19.2bn in 2018.

The report includes 135+ tables, charts, and graphs that analyse the thermal EOR market. Forecasts (spending and production) are provided for 2 extraction method submarkets (Steam Injection and Steam-Assisted Gravity Drainage) and 11 leading national and regional markets (Canada, U.S., Venezuela, Indonesia, Kuwait, Oman, China, Russia, Bahrain, Saudi Arabia and Rest of the World). The report also provides profiles (including market shares) for the leading thermal EOR project operators in oil sands, as well as profiling the leading companies in heavy oil thermal EOR.

The global thermal enhanced oil recovery (tEOR) market is anticipated to expand significantly over the next decade, driven by energy security requirements, increasing global oil demand and technology development. Oil prices are currently rebounding to the highest levels seen in 3-4 years encouraging both production and spending in EOR as companies aim to maximise revenue and profits.

The Thermal Enhanced Oil Recovery (EOR) Market Report 2018-2028: CAPEX & OPEX ($bn) & Production (bpd) Forecasts for Oil Sands, Heavy Oil, Steam Injection (Cyclic Steam Stimulation (CSS), Steam Flooding), Steam-Assisted Gravity Drainage (SAGD) & Other Technologies Plus Detailed Project Tables & Analysis of Leading Companies report will be of value to anyone who wants to better understand the industry and its dynamics. It will be useful for businesses already involved in the segment of thermal EOR market, or for those wishing to enter this growing market in the future.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100

About Visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.

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