ENHANCED OIL RECOVERY MARKET WORTH $26.2 BILLION IN 2015

Friday 24 July 2015, Amsterdam

This new 532 page EOR Yearbook 2015: The Definitive Reference Guide to the Enhanced Oil Recovery Market 2015-2025: Forecasts, Company Financials. Projects & Contracts for Chemical, Gas & Thermal Technologies indicates that the EOR market will see $26.2bn in spending in 2015.

The lead analyst of the yearbook said: “Oversupply is the key feature of the globaloil market at the moment, and the last six months have seen cuts to CAPEX budgets and a number of delays and cancellations to EOR projects. The high number of national oil companies (NOCs) with declining assets will keep EOR investments steady in the short term however, and rising oil prices will start to positively affect EOR investments in the 2020s.”

The yearbook contains 517 tables, charts and graphs that add visual analysis in order to explain developing trends within the EOR market. Visiongain provides annual production and spending forecasts for the period 2015-2025 for the global market, as well as production, capital expenditure (CAPEX) and operational expenditure (OPEX) forecasts and analysis for the in-situ, heavy oil EOR, carbon dioxide (CO2) EOR, other gas and the chemical EOR submarkets. The yearbook also includes market forecasts and analysis for 15 leading country markets – all further subdivided by the 5 submarkets - PLUS three Canadian regional in-situ markets, five US regional CO2 EOR markets and a rest of the world market comprised of 14 further countries.

You will find detailed tables 268 operational, under-construction and prospective EOR projects, including bpd production and spending.

In addition, the yearbook contains a dedicated leading companies’ chapter including extensive profiles, rankings and market share data for the 10 leading in-situ, 10 leading heavy oil,10 leading CO2, and the 5 leading other gas EOR and 5 leading chemical EOR companies. It also features the transcript of 6 exclusive and original interviews with CNRL, Enhance Energy, GlassPoint, Huntsman, Prosper Petroleum and Shell Chemicals.

The EOR Yearbook 2015: The Definitive Reference Guide to the Enhanced Oil Recovery Market 2015-2025: Forecasts, Company Financials. Projects & Contracts for Chemical, Gas & Thermal Technologies will be of value to anyone who wants to better understand the EOR market and its dynamics. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the EOR industry.