Report

Plasma Pulse EOR Market: Development, Opportunities and Market Outlook (2016-26)

In today’s time for a nation, the growth of its economy is of utmost importance. The growth rate and the pre-eminence of oil have run in parallel with the massive economic advances made in the 20th century as we stepped into the 21st century. Thus, modern energy services - mainly provided by liquid and gaseous fuels, are essential for building enterprises and creating job opportunities. More important is the efficient extraction of these resources. In order to get the best quality and quantity of these resources, various methods are implemented, like Enhanced Oil Recovery Methods.

Plasma Pulse is one the latest advancements in the field of EOR methods. Developed in Russia at St. Petersburg state mining industry in 2013, this method uses low energy emissions but has an overall impact of similar terms as contemporary EOR techniques. One of the main advantages of using Plasma Pulse is that it does not produce any major negative environmental damage or impact. It is used to achieve the following:

  • Conditioning of new wells in the perforated zone
  • Injection well maintenance
  • Pre-frac wellbore conditioning to reduce initiation pressure
  • Treatment of existing wells where production has slowed due to plugging
  • Water source well maintenance
  • Gravel pack maintenance on existing wells

The exponential growth in Exploration and Production activities and increasing implementation of EOR technologies marks a growth in Plasma Pulse EOR Market. The Market had an estimated worth of XX Billion dollars in 2016, and is growing at a steady rate of XX% every year. Our extensive and in-depth analysis concludes that the market is booming and suggests that it will eventually reach an approximated net worth of xx billion dollars by 2026.

Technological Overview:

Plasma pulse EOR technology primarily works on the principle of Plasma Pulse Thruster used in space shuttles. Plasma physics principles are applied in order to achieve an increase in production. The primary tool generates shock waves which are of high power, non-linear nature, broad band and have a repetitive pulse. The wave cleans the completed intervals and then goes into the reservoir formation.

The application of plasma pulsing has a twofold effect. In the near wellbore region, it cleans the completed interval of mechanical and chemical damage caused during construction, completion and production operations. In the far field region, the effect of a plasma-pulse in producing strata lies in the initiation of resonance oscillation, which will in turn enhance oil migration to well systems.

Some major advantages of Plasma Pulse EOR over any other method are as follows:

  • There is little or no well damage
  • It clears the perforations and thus increases the permeability
  • It is environmental friendly as no chemicals are used
  • It is compatible with contemporary technology and services etc.

The primary tool used for Plasma Pulse EOR is known as Plasma Pulse Streamer. It is an ideal broadband and a non-linear exciter. It is applicable in most common geological conditions.

Field Application

  • The Plasma Pulse Streamer tool is used in a wireline intervention conditioning service. The tool can be deployed from any standard cased hole mono conductor cable system.
  • Tool systems are required to be positioned on depth over the completed interval by first running a depth determination log with a Gamma Ray or Collar Locator then flagging the line before picking up the Plasma Pulse Tool.
  • Each well and completion will receive a customized treatment program that will detail the number of plasma pulses at each interval and the number of intervals to be conditioned.
  • The tool is run with pressure control equipment supplied by the Wireline Company or third parties as necessitated by the intervention operation.

Thorough and comprehensive analysis of Plasma Pulse EOR, technology, advancements along with application etc. is provided in the report.

The primary drivers of the market include tremendous increase in exploration and production of unconventional and complex reservoirs which make the utilization of this EOR technique a necessity. Furthermore, increment in capital investments, niche applications, and nascent R&D stage can be restrictive for the growth of the Plasma pulse market. However, it is anticipated that the need of newer, effective and more efficient techniques is ever increasing, thereby, showcasing tremendous scope in the industry in terms of both research and implementation of this technique.

The primary drivers of the market include tremendous increase in exploration and production of unconventional and complex reservoirs which make the utilization of this EOR technique a necessity. Furthermore, increment in capital investments, niche applications, and nascent R&D stage can be restrictive for the growth of the Plasma pulse market. However, it is anticipated that the need of newer, effective and more efficient techniques is ever increasing, thereby, showcasing tremendous scope in the industry in terms of both research and implementation of this technique.

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By Location

  • Onshore
  • Offshore

By Application

  • Conditioning
  • Injection well maintenance
  • Pre-frac wellbore conditioning
  • Treatment of existing wells
  • Water source well maintenance
  • Gravel pack maintenance
  • Others

By Technology and Equipment

  • Plasma Pulse streamer
  • Plasma Pulse generator
  • Wireline Truck
  • Others

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa
  • Market overview and forecasting covering Optimistic, Realistic and Pessimistic scenarios (2016-2026)
  • Analysis and study of various services provided by major players active in the Plasma Pulse EOR Market
  • Market segmentation based on Location, Application, Technology and Equipment & Geography
  • Detailed coverage of technology and services involved
  • Technical comparative studies and case analysis
  • Competitive landscape with in depth analysis of the market players’ strategy
  • Infraline’s Techno Managerial edge covering SWOT, TOWS, Porter’s five forces and PESTLE analysis

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