CO2 EOR Market - Permian Basin Industry Analysis, Size, Share, 2013 - 2019
Transparency Market Research 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 report, the 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. Download the Exclusive Report Sample Here : http://bit.ly/2ihOlKT 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 an...
