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Global enhanced oil recovery market value 2018 & 2025

The market value of enhanced oil recovery (EOR) amounted to nearly 56 million U.S. dollars worldwide in 2018. EOR, also known as tertiary recovery, is the process of increasing the amount of oil recovered from a reservoir. This is usually done by injecting a substance in an oil well in order to increase pressure and reduce oil viscosity.

Market value of enhanced oil recovery worldwide in 2018 and 2025

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Source

Release date

June 2019

Region

Worldwide

Survey time period

2018

Supplementary notes

*Forecast.

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