LONDON, August 28, 2014 /PRNewswire/ --

Expenditure & Production Forecasts and Prospects for Leading Companies 

Heavy oil is a poorer quality crude with a higher carbon to hydrogen ratio and more impurities such as sulphur and metals. It is usually found in formations where the cap rock has provided insufficient protection allowing bacteria to enter and degrade the oil over time. Heavy oil in this report is defined as oil with an API gravity of under 22o that is mobile or semi-mobile at reservoir conditions. In some countries, such as Russia and China, heavy oil is referred to as high-viscosity crude. Heavy oil can be produced with either non-thermal (cold) production processes or thermal production processes. Cold production processes tend to inject water or chemicals in reserves to extract heavy oil, whereas thermal processes inject steam to heat the viscous oil before extraction. The global market for heavy oil will be $53.62bn in 2014.

In this report, the market is subdivided based on the method of production into cold heavy oil and thermal heavy oil submarkets. Expenditure in the global heavy oil market will be primarily driven by the cold heavy oil submarket as many of the world's largest national heavy oil markets have well established cold heavy oil projects, though thermal projects are on the increase in a few select locations.

This new report from visiongain is a fresh market assessment of the heavy oil sector based upon the latest information. This brand new report contains completely new analysis based on company expenditure (USD$), though production (bpd) forecasts are also included.

Why you should buy the Heavy Oil Market 2014-2024: Expenditure & Production Forecasts and Prospects for Leading Companies report:
What is the future for the heavy oil market? Which submarkets and regions will prosper over the next ten years? Visiongain's comprehensive analysis contains highly quantitative content delivering solid conclusions benefiting your analysis and illustrates new opportunities and potential revenue streams helping you to remain competitive. This definitive report will benefit your decision making and help to direct your future business strategy.

How this 280 page report delivers: 

• View global, submarket and national heavy oil market forecasts and analysis from 2014-2024 to keep your knowledge ahead of your competition and ensure you exploit key business opportunities
- Global heavy oil market forecast and analysis 2014-2024 for both expenditure (USD$) and production (bpd)
- The market projections and analysis of the commercial drivers and restraints will allow you to more effectively compete in the market. In addition to market forecasts from 2014-2024, our new study shows current market data, original critical analysis, and revealing insight into commercial developments

• Our report provides 193 tables, charts, and graphs
- Let our analysts present you with a thorough assessment of the current and future heavy oil market prospects. This analysis will achieve quicker, easier understanding. You will gain from our analyst's industry expertise allowing you to demonstrate your authority on the heavy oil sector.

• Visiongain is one of the few business intelligence companies that provides full transcripts of primary research company interviews.
- By reading the full transcript of an exclusive expert opinion interview contained in the report you will keep up to speed with what is really happening in the industry. You will gain a thorough knowledge on the heavy oil sector, finding strategic advantages for your work and demonstrating how your organisation can benefit.
- This report includes an interview with Breitling Energy, a company focused on unconventional oil production that will move into heavy oil production in the US.

• Discover expenditure forecasts for the two main heavy oil submarkets from 2014-2024
- What are the market dynamics within the heavy oil industry? How will these markets expand? Which submarkets will see the greatest levels of expenditure? Use our forecasts and expert insight to grow your business and give you more industry influence. Find where you can gain and how your organisation can succeed. Avoid falling behind. Stay informed about the potential for each of these heavy oil submarkets with individual forecasts and analysis from 2014-2024:
- Cold Heavy Oil Submarket Forecast 2014-2024
- Thermal Heavy Oil Submarket Forecast 2014-2024

To see an executive summary please email Sara Peerun on sara.peerun@visiongainglobal.com

• Understand the prospects for the 15 leading national heavy oil markets - where will the highest levels of expenditure and opportunities occur?
- Learn about the market potential for heavy oil companies in the developed and developing countries, from 2014 onwards. You will see where and how opportunities exist with revealing individual market and submarket forecasts and analysis from 2014-2024 for 15 leading national markets.

- Mexican forecast 2014-2024
- Brazilian forecast 2014-2024
- Venezuelan forecast 2014-2024
- Chinese forecast 2014-2024
- Canadian 2014-2024
- United States' forecast 2014-2024
- Colombian forecast 2014-2024
- Angolan forecast 2014-2024
- Omani forecast 2014-2024
- Indonesian forecast 2014-2024
- Kuwaiti forecast 2014-2024
- Russian forecast 2014-2024
- Ecuadorian forecast 2014-2024
- Iranian forecast 2014-2024
- Saudi Arabian forecast 2014-2024
- Rest of the World forecast 2014-2024

• Find out about the market dynamics & opportunities in 15 leading countries
- Understand industry activity with detailed data revealing where companies are investing in projects and with which technologies.
- You will be able to examine detailed tables of significant national contracts and projects

• Explore the factors affecting heavy oil expenditure and production. Learn about the forces influencing market dynamics.
- Explore the political, economic, social, and technological (PEST) issues facing heavy oil projects. Discover what the present and future outlook for business will be. Learn about the following business critical issues -

- Research and development (R&D) strategy
- Technological issues and constraints
- Supply and demand dynamics
- Competition between cold and thermal heavy oil projects
- Increasing specialisation in cold or thermal heavy oil production by leading players
- Analysis of broad barriers to entry
- Changes to international dynamics, such as sanctions
- Changes to domestic energy policy within key nations that may drive or restrain current and future heavy oil projects

• We reveal the market share data for the leading 10 heavy oil companies
- Our report analyses the companies which hold the greatest potential. Prospects for growth in heavy oil expenditure are strong, with some companies particularly well placed to excel in the forecast period. View Visiongain's assessment of the prospects for established competitors and rising companies alike. Our work explains that potential, helping you stay ahead. Gain a thorough understanding of the competitive landscape with profiles of 10 leading heavy oil companies examining their market share, positioning, capabilities, product portfolios, R&D activity, services, focus, strategies, M&A activity, and future outlook.

- Petroleos Mexicanos (Pemex)
- China National Petroleum Corporation (CNPC)
- Petroleos Brasiliero (Petrobras)
- Petróleos de Venezuela (PDVSA)
- Chevron
- Ecopetrol
- ExxonMobil
- Royal Dutch Shell
- Pacific Rubiales
- Total E&P

To see an executive summary please email Sara Peerun on sara.peerun@visiongainglobal.com

Discover Information found nowhere else in this independent assessment of the heavy oil market
The Heavy Oil Market 2014-2024: Expenditure & Production Forecasts and Prospects for Leading Companies report provides impartial heavy oil sector analysis. With the independent business intelligence found only in our work, you will discover where the prospects are for profit. In particular, our new research provides you with key strategic advantages: Our informed forecasts, independent and objective analysis, exclusive interviews and revealing company profiles will provide you with that necessary edge, allowing you to gain ground over your competitors.

With this report you are less likely to fall behind in knowledge or miss crucial business opportunities. You will save time and receive recognition for your market insight. See how this report could benefit and enhance your research, analysis, company presentations and ultimately your individual business decisions and your company's prospects.

What makes this report unique?
Visiongain consulted with leading industry experts, as well as conducted an exclusive interview with American pure play firm Breitling Energy. The full transcript is included in the report for your review. Visiongain's research methodology involves an exclusive blend of primary and secondary sources providing informed analysis. This methodology allows insight into the key drivers and restraints behind market dynamics and competitive developments. The report therefore presents an ideal balance of qualitative analysis combined with extensive quantitative data including global, submarket and national markets forecasts from 2014-2024.

Why choose visiongain business intelligence?
Visiongain's increasingly diverse sector coverage strengthens our research portfolio. The growing cross-sector convergence of key verticals and the interplay of game changing technologies across hitherto unrelated industries are creating new synergies, resulting in new business opportunities for you to leverage. As such, visiongain's team of London based in-house analysts offer a wealth of knowledge and experience to inform your strategic business decisions. Let visiongain guide you.

How the Heavy Oil Market 2014-2024: Expenditure & Production Forecasts and Prospects for Leading Companies report can benefit you
Visiongain's report is for anyone requiring analysis of the heavy oil market. You will discover market forecasts, technological trends, predictions and expert opinion, providing you with independent analysis derived from our extensive primary and secondary research. Only by purchasing this report will you receive this critical business intelligence revealing where expenditure and production growth are likely and where the lucrative potential market prospects are. Don't miss this key opportunity to gain a competitive advantage.

If you buy our report today your knowledge will stay one step ahead of your competitors. Discover how our report could benefit your research, analyses and strategic decisions, saving you time. To gain an understanding of how to tap into the potential of this market and stay one step ahead of the competition you should order our report, the Heavy Oil Market 2014-2024: Expenditure & Production Forecasts and Prospects for Leading Companies. Avoid missing out -order our report now.

To request an executive summary of this report please email Sara Peerun at            sara.peerun@visiongainglobal.com or call Tel : +44(0)20-7336-6100

Or click on https://www.visiongain.com/Report/1308/Heavy-Oil-Market-2014-2024

Companies Listed in this report 

Aera Energy
Alba Resources Ltd
Baker Hughes
Baytex Energy Corporation
Berry Petroleum Company
BlackPearl Resources
BP
BP Exploration Angola
Bright Source Energy
BW Offshore
Canacol Energy Ltd.
Canadian Natural Resources Limited (CNRL)
Cenovus Energy Inc.
Chevron Corporation
Chevron Technology Ventures
China National Offshore Oil Corporation (CNOOC)
China National Petroleum Corporation (CNPC)
Chrysalix Energy Venture Capital
CITGO Petroleum
CNPC
Commsa
ConocoPhillips
Devon Energy
Diaz Resources Ltd.
Ecopetrol
Emerald Energy
Emerge Oil and Gas
Encana Corporation
ENI
Essar Energy
Esso Exploration Angola
ExxonMobil Chemical
ExxonMobil Corporation
Gaffney, Cline & Associates
Gazprom
GlassPoint
Gulf Keystone Petroleum Ltd. (GKP)
Halliburton
Hindustan Petroleum Corporation Limited
Husky Energy
ICA Fluor Daniel-Industria del Hierro and Commsa
Indian Oil
Indian Oil Corporation Limited
Inpex
IOOC - Iranian Offshore Oil Company
Ivanhoe Energy Inc.
J Ray McDermott
JX Nippon Exploration and Production UK Ltd.
Kalegran
Kish International
Kudu Industries Inc.
Kuwait Gulf Oil Company - KGOC
Kuwait Petroleum Company - KOC
Kvaerner ASA
LINN Energy
Liwa Energy
Lukoil
Maersk
Mediterranean Oil & Gas
MIE Holdings
Mitsubishi
Mitsui E&P Italia
Mittal Energy Limited
Mubadala Development Company
National Iranian Oil Company (NIOC)
Neon Energy
Nth Power
Occidental Chemical Corporation (OxyChem)
Occidental Petroleum
Odfjell Drilling
Oil and Natural Gas Corporation (ONGC)
Oil India Limited
Oman Oil Company
Operadora Cicsa
Pacific Rubiales Energy Corporation
Palliser Oil and Gas
Partex
Pedec Iran - Iranian State Petroleum Engineering and Development Company
Perenco
Pertamina
Petro River Oil
Petroamazonas
Petroamerica Oil Corp.
PetroAnzoátegui
Petrobank Energy & Resources Ltd.
Petroboscan
Petrocarabobo
Petrocedeño
Petroecuador
Petroecuador
Petroindependencia
PetroJunín
Petroleos Brasiliero (Petrobras)
Petroleos de Venezuela (PDVSA)
Petroleos Mexicanos (Pemex)
Petrolera Sinovensa
Petroleum Development Oman (PDO)
Petromacareo
Petrominerales Ltd.
Petromiranda
Petromonagas
Petronas
Petropiar
Petrourica
Petrovictoria
PetroVietnam
Phillips 66
Pluspetrol
Quip
Reliance Industries Ltd (RIL)
Repsol
Roc Oil
Rock Energy Inc
RockPort Capital
Rosneft
Royal Dutch Shell
Saudi Arabian Chevron Inc.
Schlumberger
Scimitar
Sefton Resources
Sertecpet
Shell Oman Marketing Company
Sinochem Group
Sinopec
SK Engineering
SNF Group
Sonangol
Sonoro Energy Ltd.
Southern Pacific Resources
Statoil
Suelopetrol
Sunwing Energy Ltd.
Surgutneftegaz
Talisman Energy
Tatneft
Tatweer Petroleum Company
Texas Keystone
TNK-BP
Total
Total E&P Angola
Touchstone Exploration
Trafina Energy Ltd.
WorleyParsons

Other Organisations Mentioned in This Report

Brazilian National Petroleum Agency (ANP)
California Department of Oil, Gas & Geothermal Resources (DOGGR)
California Geological Survey
Canadian Centre for Energy Information
US Energy Information Administration (EIA)
European Union (EU)
Fuerzas Armadas Revolucionarias de Colombia (FARC)
International Energy Agency (IEA)
International Monetary Fund (IMF)
Iranian Oil Ministry
National Liberation Army (ELN)
National Oil & Gas Authority of Bahrain
Norwegian Ministry of Petroleum Energy
Organisation of Petroleum Exporting Countries (OPEC)
State Oceanic Administration (China)
Transparency International
United Nations (UN)
United States Department of Energy (DOE)
United States Department of State
United States Geological Survey (USGS)
World Energy Council (WEC)

To see an executive summary please email Sara Peerun on sara.peerun@visiongainglobal.com or call Tel : +44(0)20-7336-6100