Co2 Eor Market: Growth, Future, and Supply Analysis

Transparency Market

Research

CO2 EOR Market - Permian Basin Industry Analysis, Size,

Share, Growth, Trends and Forecast 2013 - 2019

Published Date

01-July-2014

45 Page Report

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Press Release

Permian Basin CO2 EOR Market is expected to reach 329,069

barrels per day in 2019:Transparency Market Research

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CO2 EOR Market

REPORT DESCRIPTION

CO2 EOR Market - Permian Basin Industry Analysis, Size, Share, Growth, Trends and Forecast

2013 - 2019

Transparency Market Research (www.transparencymarketresearch.com) has released a new market report

titled “CO2 EOR Market - Permian Basin Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 2019.” According to the reportThe CO2 EOR market in the Permian Basin accounted for 195,000 barrels per

day in 2012 and is anticipated to reach 329,069 barrels per day in 2019, expanding at a CAGR of 7.0%

from 2013 to 2019.

Browse CO2 EOR Market Report with Full TOC at http://www.transparencymarketresearch.com/co2eor-market.html

CO2 enhanced oil recovery technology has been proved as the most viable and commercially profitable in

the U.S. Permian Basin region based in West Texas has experienced the development and expansion of the

CO2 EOR market with growing number of project with large capacity addition to the existing fields. Permian

Basin is creating the demand for low cost and highly pure CO2 sourced from natural CO2 reservoirs;

however, the trend is expected to change in the near future with emergence of new industrial CO2 capture

and storage projects. Therefore, an extensive CO2 supply pipeline network has been developed in this

region. This extensive network helps to meet the upward CO2 demand from CO2 EOR sub-industry.

Out of all the three major methods of enhanced oil recovery (EOR)...