South America enhanced oil recovery market was valued at $ 0.55 billion in 2016, and is projected to grow
at a CAGR of over 10%, in value terms, during 2017-2022, to reach $ 1.12 billion
by 2022, on the back of 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.
Years considered for this report:
Historical Years:
2012-2015
Base Year: 2016
Estimated Year:
2017
Forecast Period:
2017–2022
Objective of the Study:
- The primary objective of
the study was to understand and gain insights about the South America
enhanced oil recovery market and its segmental analysis by onshore Vs.
offshore, by type, country share and forecast its market by 2022.
- To categorize and
forecast South America enhanced oil recovery market by onshore Vs. Offshore.
- To categorize and
forecast South America enhanced oil recovery market by type such as thermal,
miscible gas, chemical, & others.
- To estimate, calculate
and forecast market size for South America enhanced oil recovery market,
in terms of value and volume.
- To strategically profile
the leading manufacturers, distributors and importers in the market, which
cater to the South America enhanced oil recovery market.
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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)
TechSci Research carried out South
America enhanced oil recovery market study by considering various aspects of South
America enhanced oil recovery market. In the beginning of the South America
enhanced oil recovery market study, a brief study was done to understand each
aspect of market outlook such as drivers, challenges, market trends and various
other major factors affecting the market. Moreover, an in-depth analysis was
conducted to understand South America enhanced oil recovery market scenario and
to gauge the competitive scenario. Afterwards, a detailed scrutiny of by onshore Vs. offshore, by
type, by country markets for South America enhanced oil recovery market was conducted. In order to extract data
for South America
enhanced oil recovery market,
primary research surveys were conducted with key opinion leaders, enhanced oil
recovery solution providers, field operators, oilfield services companies, distributors, and channel
partners to understand historical and present trends.
Considering the
assumptions, TechSci research dedicated team of industry experts has comprehensively
monitored and analyzed various aspects of South America enhanced oil recovery
market. TechSci research team has analyzed various segments and speculated a
positive future for South America enhanced oil recovery market and subsequent
countries. Also, various secondary sources were utilized for preparing this
report such as directories, databases such as company annual reports, financial
reports, proprietary databases, among others.
Key Target Audience:
- Enhanced oil recovery solution providers, field operators,
oilfield services companies, distributors, and channel partners, EPC
contractors and sub-contractors
- Customers (national oil companies, oil & gas
multinationals)
- Research organizations and consulting companies
- Associations, organizations, forums and alliances
related to enhanced oil recovery technologies
- Government bodies such as regulating authorities and
policy makers
The study is useful in providing answers to past,
current and future adoption of enhanced oil recovery technologies and solutions
in South America enhanced oil recovery market. This study helps in analyzing specific
country adoption trend of enhanced oil recovery solutions, which is useful for
industry stakeholders such as Enhanced
oil recovery solution providers, field operators, oilfield services companies, distributors, and channel
partners, EPC contractors
and sub-contractors,
regulatory bodies, and customers (national oil companies, oil & gas
multinationals).
Report Scope:
In this report,
the South America enhanced oil recovery market has been segmented into the
following categories in addition to the industry trends which have also been detailed
below:
- Market, By Application:
- Market,
By Type:
- Thermal
- Miscible Gas
- Chemical
- Others
- Market, By Country:
- Brazil
- Venezuela
- Colombia
- Rest of South America
Competitive
Landscape
Competition
Benchmarking: Benchmarking of leading
players on the basis of product portfolio.
Company Profiles: Detailed
analysis of the major companies operating in South America Enhanced oil
recovery market.
Available
Customizations:
With the given
market data, TechSci Research offers customizations according to company’s
specific needs. The following customization options are available for the
report:
Channel Partner
Analysis
- Detailed list of
distributors and dealers across all major countries.
Company
Information
- Detailed analysis and
profiling of additional market players (up to five).
In
case of you can’t find what you are looking for then please get in touch with
our custom research team at [email protected]