Microbial Enhanced Oil Recovery Market
The need for developing oil recovery technologies that are less expensive and, where possible, environmentally friendly has been prompted by the depletion of oil resources, Microbial Enhanced Oil Recovery Market, the current low but unpredictable price of oil, and the increasing maturity of major oil fields. With today's technology, conventional production operations (like vertical drilling) can extract between 20 and 40 percent of the original oil from a reservoir, and secondary recovery techniques can recover an additional 15 to 25 percent. As a result, a reservoir may still contain up to 55% of the original oil that was lost.
