'Carbon Dioxide Enhanced Oil Recovery Market to be Worth $4.2bn in 2012' Says Visiongain Report
LONDON, September 14, 2012 /PRNewswire/ --
High oil prices are helping companies using carbon dioxide for enhanced oil recovery pay more for CO2. This is providing an increasing amount of opportunities for facilities producing carbon as a by-product to monetise their waste. This provides both an option to increase production of oil from maturing fields, while sequestering the undesirable CO2 in safe underground structures. Visiongain's analysis indicates that the carbon dioxide enhanced oil recovery market will reach a value of $4.2bn in 2012.
The lead analyst of the carbon dioxide enhanced oil recovery report commented that "The US has long been the focal point for CO2 EOR operations with its considerable supply of naturally occurring CO2 and maturing onshore oil basins. However, as anthropogenic sources of CO2 are increasingly being combined with EOR projects, other parts of the world and particularly nations with advanced carbon capture technology, are seeing considerable developments."
The report contains 61 tables, charts and graphs that add visual analysis in order to explain developing trends within the carbon dioxide enhance oil recovery market. Visiongain provides forecasts for the period 2012-2022 in terms of value (US$) for the global carbon dioxide enhance oil recovery market. This is broken down into 5 forecasted national carbon dioxide enhance oil recovery markets, as well as a forecast for Europe and the rest of the world. The report provides profiles of 21 leading companies operating within the market, and includes an interview with a principal carbon dioxide enhance oil recovery company, providing expert insight alongside Visiongain analysis.
The carbon dioxide enhance oil recovery market 2012-2022 will be of value to current and future potential investors into the enhanced oil recovery and carbon capture and sequestration markets, as well as companies and research centres who wish to broaden their knowledge of the carbon dioxide enhanced oil recovery developments.
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44(0)207-336-6100
Companies Listed in this report include:
2Co Energy Ltd
Abu Dhabi Company for Onshore Oil Operations (ADCO)
Abu Dhabi National Oil Company (ADNOC)
Agrium
Air Liquide
Air Products & Chemicals
Alstom
Anadarko Petroleum Corporation
Apache Canada
Apache Corporation
ARC Resources
Arch Coal
Blue Source
Bow City Power Limited
BP plc
Caribbean Nitrogen Company Ltd (CNC)
Cenovus Energy Inc.
Chaparral Energy Inc.
Chevron Corporation
China Datang Corporation
China National Petroleum Corporation (CNPC)
ConocoPhillips Company
Core Energy
CPS Energy
CVR Energy
Denbury Resources
Devon Canada
Devon Energy Corporation
DKRW Energy
Dongguan Taiyangzhou Power Corporation
Elk Petroleum
Emirates Aluminium (EMAL)
Emirates Steels Industries (ESI)
Encana Corporation
Energen Resources Corporation
Enhance Energy
Erora Group
ExxonMobil
Fasken Oil and Ranch Ltd.
Fluor Corporation
GE Energy
Gerorge R. Brown Partnership
Great Western Drilling
Hess Corporation
Honeywell UOP
Hua Neng (Tian Jin) IGCC Company Limited
Husky Energy
Hydrogen Energy International
IESA
Japan Oil, Gas and Metals National Corporation (JOGMEC)
Japan Vietnam Petroleum Co., Ltd (JVPC)
JGC Corporation
KBR
Kinder Morgan
Koch Industries
Koch Nitrogen Company
Leucadia Energy
Leucadia National Corporation
Lianyungang Clean Energy Innovation Industrial Park Ltd.
Linde
LINN Energy
Maersk Oil
MAN Ferrostaal
Masdar
MCNIC Pipeline & Processing Company
Merit Energy Company
Mississippi Power
National Grid Carbon Ltd
Northwest Upgrading
NOVA Chemicals
NRG Energy Inc.
Occidental Petroleum Corporation
Peabody Energy
Pengrowth
PennWest Exploration
PetroChina
Petrofac
Petroleo Brasileiro S.A. (Petrobras)
Petroleum Company of Trinidad and Tobago Limited (PETROTRIN)
PETRONAS
Petrovietnam
PROMAN
Resolute Natural Resources
Royal Dutch Shell (Shell)
Sandridge Energy
Saskpower
SCS Energy
Siemens
Sinopec Group
Southern Energy
Statoil
Summit Power
Swan Hills Synfuels
Talisman Energy
Taweelah Asia Power Company (TAPCO)
Tenaska
Tianjin DaGang Huashi
Total
Toyota
Turkish Petroleum Corporation (TPAO)
Whiting Petroleum Corporation
Wolverine Power Cooperative
XTO Energy
Government Agencies and Other Organisations Mentioned in This Report
British Geological Survey
Bureau of Land Management (BLM)
Edinburgh University
Energy Information Administration (EIA)
Environmental Protection Agency (EPA)
European Union (EU)
Heriot-Watt University
National Enhanced Oil Recovery Initiative (NEORI)
Organisation for Economic Cooperation and Development (OECD)
Scottish Enterprise
The Centre for North Sea Enhanced Oil Recovery with CO2 (CENSEOR-CO2 )
US Department of Energy (DOE)
World Bank
About Visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials sectors.
Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44(0)207-336-6100
Share this article