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Enhanced Oil Recovery (EOR) is a process used to increase the amount of oil that can be extracted from an oil reservoir. It is used when the primary and secondary recovery methods are no longer effective. EOR techniques involve injecting fluids, such as water, steam, or gas, into the reservoir to increase the pressure and reduce the viscosity of the oil, allowing it to flow more easily. The injected fluids can also act as a solvent, dissolving the oil and making it easier to extract.
EOR is an important part of the oil industry, as it can help to increase the amount of oil that can be recovered from a reservoir. It is also used to improve the efficiency of oil production, as it can reduce the amount of energy required to extract the oil.
Some of the companies in the EOR market include Schlumberger, Halliburton, Baker Hughes, Weatherford International, and Chevron. Show Less Read more