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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Statista. (June 1, 2019). Market value of enhanced oil recovery in the United States from 2014 to 2025 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 11, 2024, from https://www.statista.com/statistics/1060441/us-enhanced-oil-recovery-market-value/
Statista. "Market value of enhanced oil recovery in the United States from 2014 to 2025 (in billion U.S. dollars)." Chart. June 1, 2019. Statista. Accessed May 11, 2024. https://www.statista.com/statistics/1060441/us-enhanced-oil-recovery-market-value/
Statista. (2019). Market value of enhanced oil recovery in the United States from 2014 to 2025 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 11, 2024. https://www.statista.com/statistics/1060441/us-enhanced-oil-recovery-market-value/
Statista. "Market Value of Enhanced Oil Recovery in The United States from 2014 to 2025 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Jun 2019, https://www.statista.com/statistics/1060441/us-enhanced-oil-recovery-market-value/
Statista, Market value of enhanced oil recovery in the United States from 2014 to 2025 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1060441/us-enhanced-oil-recovery-market-value/ (last visited May 11, 2024)
Market value of enhanced oil recovery in the United States from 2014 to 2025 (in billion U.S. dollars) [Graph], Statista, June 1, 2019. [Online]. Available: https://www.statista.com/statistics/1060441/us-enhanced-oil-recovery-market-value/