U.S. enhanced oil recovery market value 2014-2025

Published by Jessica Aizarani, Jan 31, 2023
The market value of enhanced oil recovery (EOR) in the United States is forecast to amount to nearly 20.4 million U.S. dollars worldwide in 2025. 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 in the United States from 2014 to 2025 (in billion U.S. dollars)

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Release date

June 2019

Region

United States

Survey time period

2014 to 2018

Supplementary notes

*Forecast.

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Overview

4

Reserves & production

8

Infrastructure

3

Trade & prices

4

Economic impact & companies

7

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18

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