A Significant Oil Opportunity
Energy demand is forcing producers to retrieve the hard-to-get oil.

By 2030 over 30% of the world's oil production will be from enhanced recovery and unconventional resources.

 

- Enhanced oil recovery includes heavy oil and depleted reservoirs where specialized methods of recovery will bring existing resources into production.

- Heavy oil is more viscous than light oil, having a specific gravity of 20 °API or lower. 

- Unconventional oil includes oil shale and tar sands.