The Carbon Dioxide (CO2) Enhanced Oil Recovery (EOR) Market 2014-2024

Visiongain
December 2, 2013
153 Pages - SKU: VSG5165648
The Carbon Dioxide (CO2) Enhanced Oil Recovery (EOR) Market 2014-2024

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The Carbon Dioxide (CO2) Enhanced Oil Recovery (EOR) Market 2014-2024

The CO2 EOR market is a well established sector of the oil and gas industry in the United States with the first commercial projects dating back to the early 1970s. The key enabler of this success has been the availability of a large volume of low cost naturally occurring CO2, which has been tapped in the US to provide a regular supply to EOR projects.

However, the US remains the only nation to have discovered naturally occurring CO2 sources apart from natural gas collections with a high CO2 content. As maturing oil production markets provide more opportunity for CO2 use in EOR, demand for CO2 has risen while supply volumes have not seen significant additions over the market's 35+ year history.

There has therefore been a growing interest in capturing some of the approximately 32 billion tonnes of CO2 released into the atmosphere globally from anthropogenic sources, and using this to boost production of oil from waning production areas. This creates opportunities in many more countries outside the US where CO2 EOR markets have the potential to grow. The intensifying link with carbon capture technology will mean that areas advanced in this technology with significant maturing oil areas will prosper in the CO2 EOR market.

Visiongain calculates that spending in the CO2 EOR market will total $5.305bn at the start of 2014. This includes spending on geological studies connected to CO2 EOR, injection and production well drilling and reworking, pumping equipment, CO2 recycling facilities and CO2 distribution pipelines. The report also covers investment into technology to capture carbon from anthropogenic sources as this is increasingly becoming a major feeder to CO2 EOR projects.

Carbon dioxide purchases are not included in the financial analysis. Due to the gas being such a major cost factor and the inconsistent pricing and supply of CO2 globally, visiongain feels this would distort investment figures for new CO2 EOR projects. However, the importance of CO2 costs to individual projects and the market as a whole is discussed in the report.

Why you should buy The Carbon Dioxide (CO2) Enhanced Oil Recovery (EOR) Market 2014-2024

What is the future of the carbon dioxide enhanced oil recovery market? Visiongain's comprehensive analysis contains highly quantitative content delivering solid conclusions benefiting your analysis and illustrates new opportunities and potential revenue streams helping you to remain competitive. This definitive report will benefit your decision making and help to direct your future business strategy. Avoid falling behind competitors, missing critical business opportunities or losing industry influence. In our new report you will discover forecasts from 2014-2024 at the global, regional and national level. The report also comprehensively lays out the market drivers and restrainers, risks and trends, and leading companies and their strategies in order to help the reader make a balanced decision regarding their investment or involvement. Read on to discover the future market prospects for the CO2 EOR sector.

Why choose visiongain business intelligence?

Visiongain's increasingly diverse sector coverage strengthens our research portfolio. The growing cross-sector convergence of key verticals and the interplay of game changing technologies across hitherto unrelated industries are creating new synergies, resulting in new business opportunities for you to leverage.

As such, visiongain's team of London based in-house analysts offer a wealth of knowledge and experience to inform your strategic business decisions. Let visiongain guide you.

We guarantee that you will receive critical information which will benefit you in the following way
  • View global carbon dioxide enhanced oil recovery market forecasts and analysis from 2014-2024 to keep your knowledge ahead of your competition and ensure you exploit key business opportunities
  • The report provides detailed spending projections for the market ($US), the competitors, and the commercial drivers and restraints allowing you to more effectively compete in the market. In addition to market forecasts from 2014-2024, our new study shows current market data, and market shares.
  • You will also discover original critical analysis, revealing insight into commercial developments.
  • Why struggle to find key market data? Why miss crucial information? Our comprehensive report provides instant market insight
  • Our 154 page report provides 93 tables, charts and graphs. Let our analysts present you with a thorough assessment of the current and future CO2 EOR market prospects.
  • This analysis will enable quicker, easier understanding. You will also gain from our analyst's industry expertise, allowing you to demonstrate your authority on the CO2 EOR sector.
  • Visiongain is one of the few business intelligence companies that provide full transcripts of primary research company interviews. Be part of this knowledge. Learn what industry thought leaders are thinking. Leaders hold critical information
  • By reading the exclusive expert interviews contained in the report you will keep up to speed with what is really happening in the industry. Don't fall behind. You will gain a thorough knowledge of the CO2 EOR sector, finding strategic advantages for your work and learning how your organisation can benefit.
  • Read the full transcripts of exclusive expert opinion interviews from leading industry specialists informing your understanding and allowing you to assess prospects for investments and sales:
  • Scottish Carbon Capture and Storage (SCCS)
  • Enhance Energy
Understand the prospects for the leading regional and national CO2 EOR markets
  • where will the greatest spending and best opportunities occur?
  • Be provided with up to-date information on all upcoming and proposed CO2 EOR production projects and CO2 supply projects, including details of likely completion dates.
  • Acquire a ten-year forecast for US CO2 EOR production (bpd), as well as a historical graph showing production development over the past 25 years
  • Learn about the market potential for CO2 EOR companies in the developed and developing regions, from 2014 onwards. You will see where and how opportunities exist with revealing individual market forecasts and analysis from 2014-2024 for 8 national or regional markets.
  • United States CO2 EOR forecast 2014-2024
  • Chinese CO2 EOR forecast 2014-2024
  • Canadian CO2 EOR forecast 2014-2024
  • United Arab Emirates CO2 EOR forecast 2014-2024
  • Brazilian CO2 EOR forecast 2014-2024
  • United Kingdom CO2 EOR forecast 2014-2024
  • Rest of Europe CO2 EOR forecast 2014-2024
  • Rest of the World CO2 EOR forecast 2014-2024
Explore the factors affecting product developers, and everyone within the value chain. Learn about the forces influencing market dynamics.
  • Receive a PEST analysis identifying the political, economic, sociological and technological factors affecting spending in the CO2 EOR market from 2014 onwards:
  • Oil price considerations
  • The importance of government support
  • Supply and demand dynamics
  • The issue of environmental benefits
  • Return on investment concerns
  • The impact of rival technologies
Identify who the leading companies are in the carbon dioxide enhanced oil recovery market
  • Our report reveals the ranking of current companies in the market and an assessment of which companies hold the greatest potential. In particular, by exploring and analysing the activities of these companies you can see where the expected gains will be. Gain a thorough understanding of the competitive landscape with profiles of the 15 leading CO2 EOR producers in the North American market, examining their 2013 production (bpd) and market share, current production locations and future prospects:
  • Anadarko Petroleum Corporation
  • Apache Corporation
  • BreitBurn energy Partners
  • Cenovus
  • Chaparral Energy
  • Chevron
  • ConocoPhillips
  • Denbury Resources
  • Devon Energy
  • ExxonMobil Corporation
  • Hess Corporation
  • Kinder Morgan
  • Merit Energy
  • Occidental
  • Whiting Petroleum
  • Plus profiles of a further 9 companies in the North American and international CO2 EOR market.
Discover Information found nowhere else in this independent assessment of the carbon dioxide enhanced oil recovery market

The Carbon Dioxide (CO2) Enhanced Oil Recovery (EOR) Market 2014-2024 report provides impartial CO2 EOR market analysis. With the independent business intelligence found only in our work, you will discover where the prospects are for profit. In particular, our new research provides you with key strategic advantages: Our informed forecasts, independent and objective analysis, exclusive interviews and revealing company profiles will provide you with that necessary edge, allowing you to gain ground over your competitors.

With this report you are less likely to fall behind in knowledge or miss crucial business opportunities. You will save time and receive recognition for your market insight. See how this report could benefit you and enhance your research, analysis, company presentations and ultimately your individual business decisions and your company's prospects.

What makes this report unique?

Visiongain consulted widely with leading industry experts and full transcripts from these exclusive interviews with Scottish Carbon Capture and Storage (SCCS) and Enhance Energy are included in the report. Visiongain's research methodology involves an exclusive blend of primary and secondary sources providing informed analysis. This methodology allows insight into the key drivers and restraints behind market dynamics and competitive developments. The report therefore presents an ideal balance of qualitative analysis combined with extensive quantitative data including global, national and regional markets forecasts from 2014-2024

How the Carbon Dioxide (CO2) Enhanced Oil Recovery (EOR) Market 2014-2024 report can benefit you

Visiongain's report is for anyone requiring analysis of the CO2 EOR market. You will discover market forecasts, technological trends, predictions and expert opinion providing you with independent analysis derived from our extensive primary and secondary research. Only by purchasing this report will you receive this critical business intelligence revealing where revenue growth is likely and where the lucrative potential market prospects are. Don't miss this key opportunity to gain a competitive advantage.

Please Note: Prior to initiating fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.

The publisher is using a password system to access all reports. This password will be set up for single user and departmental licenses and will be emailed out to the client at the same time as the report. In the case of departmental site license purchases, the publisher requires all email addresses for the licensed users prior to fulfillment.


Additional Information

Future Potential of the UAE CO2 EOR Market

The three carbon capture EOR projects proposed for development in the UAE provide validation for the peaking forecast. With construction of the Emirates Steel project likely to begin in the next two years, a sharp spike in investment will be seen as materials and components for the construction of carbon capture facilities are purchased, and CO2 floods are initiated. By 2018, two, or possibly three of the projects will have reached full-operational status leading to a sharp drop in investment in the second half of the forecast. There are currently no further plans to develop a CO2 EOR project in the UAE and due to the Emirates’ size, it is unlikely to see rapid growth in the market after 2018-2019. However it is possible further carbon dioxide emitting facilities will be fitted with capture technology and connected to the carbon pipeline network constructed by Masdar for EOR. In particular, The Dubai Integrated Energy Strategy 2030 has suggested that CCS-equipped coal power could be utilised within the next decade, with the emirate of Ras Al Khaimah announcing a feasibility study for such a project. Furthermore, in May 2012 ADNOC also announced it was investigating offshore CO2 EOR opportunities, though the costs of this would be significantly higher.

Companies Listed

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
Babcock & Wilcox Canada
Blue Source
Bow City Power Limited
BP plc
BreitBurn Energy Partners
Brigham Oil & Gas
Burlington Resources
Canadian Natural Resources Limited
Capital Power Corp
Caribbean Nitrogen Company Ltd (CNC)
Cenovus Energy Inc.
Chaparral Energy Inc.
Chesapeake Energy
Chevron Corporation
China Datang Corporation
China National Petroleum Corporation (CNPC)
ConocoPhillips Company
Continental Resources
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)
Enbridge Inc.
Encana Corporation
Energen Resources Corporation
Enhance Energy
EOG Resources Inc.
EP Energy
Erora Group
ExxonMobil
ExxonMobil Chemical
Fasken Oil and Ranch Ltd.
Fluor Corporation
GE Energy
George R. Brown Partnership
GeoSouthern Energy
Glencoe Resources
Great Western Drilling
Hess Corporation
Hitachi
Honeywell UOP
Hua Neng (Tian Jin) IGCC Company Limited
Husky Energy
Hydrogen Energy International
IESA
International Finance Corporation (IFC)
Japan Oil, Gas and Metals National Corporation (JOGMEC)
Japan Vietnam Petroleum Co., Ltd (JVPC)
JGC Corporation
KBR
Kinder Morgan
Koch Industries
Koch Nitrogen Company
Kodiak Oil & Gas
Leucadia Energy
Leucadia National Corporation
Lianyungang Clean Energy Innovation Industrial Park Ltd.
Linde
LINN Energy
Maersk Oil
Magellan Petroleum
MAN Ferrostaal
Marathon Oil Corporation
Masdar
MCNIC Pipeline & Processing Company
Merit Energy Company
Mississippi Power
Murphy Oil
National Grid Carbon Ltd
Neill and Gunter Ltd
Nexen
Northwest Upgrading
NOVA Chemicals
NRG Energy Inc.
Occidental Chemical Corporation (OxyChem)
Occidental Petroleum Corporation
Peabody Energy
Pemex
Pengrowth
PennWest Exploration
PetroChina
Petrofac
Petro-Hunt
Petroleo Brasileiro S.A. (Petrobras)
Petroleum Company of Trinidad and Tobago Limited (PETROTRIN)
Petronas
Petrovietnam
Phillips 66
Pioneer Natural Resources
Plain Exploration & Production
PROMAN
Resolute Natural Resources
Roosevelt Resources LLC
Royal Dutch Shell (Shell)
Sandridge Energy
SaskPower
SCS Energy
Shanxi International Energy Group (SIEG)
Shenhua Group
Siemens
Sinopec Group
Slawson Exploration Company
SNC Lavalin-Cansolv
Southern Energy
Statoil
Summit Power
Swan Hills Synfuels
Talisman Energy
Taweelah Asia Power Company (TAPCO)
Tianjin DaGang Huashi
Total
Toyota
TransAlta Corporation
Turkish Petroleum Corporation (TPAO)
Whiting Petroleum Corporation
Wolverine Power Cooperative
XTO Energy

Other Organisations Mentioned in This Report

Alberta Department of Energy (ADOE)
British Geological Survey
Bureau of Land Management (BLM)
Centre for North Sea Enhanced Oil Recovery with CO2 (CENSEOR-CO2)
China Export-Import Bank
Clean Fossil Energy Development Institute (CFEDI)
Edinburgh University
Energy Information Administration (EIA)
Environmental Protection Agency (EPA)
European Union (EU)
Global Carbon Capture and Storage Institute (GCCSI)
Guangdong Low-carbon Technology and Industry Research Centre (GDLRC)
Heriot-Watt University
International Energy Agency (IEA)
Japanese Ministry of Economy, Trade and Industry (METI)
National Enhanced Oil Recovery Initiative (NEORI)
North Dakota Industrial Commission
Organisation for Economic Cooperation and Development (OECD)
Petroleum and Petrochemical Consultation Group
Scottish Carbon Capture and Storage (SCCS)
Scottish Enterprise
Texas Railroad Commission
UK Carbon Capture and Storage Research Centre (UKCCSRC)
UK National Grid
US Department of Energy (DOE)
World Bank
World Wildlife Fund (WWF)

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