The
globally increasing demand for crude oil has prompted the oil
industry to enhance oil production from primary, secondary, and tertiary
recovery methods to fulfill the global requirement. Therefore, enhanced
oil recovery (EOR) is expected to increase its importance in the coming
years. Because of limited efficiency, applicability, and higher gas
and thermal injection costs, chemical EOR processes have been considered
as an alternative in some special cases. Chemical EOR processes are
accepted widely because of their higher efficiency, economic and technical
feasibility, and optimum capital cost. Therefore, research of novel
chemical compounds is immense in the oil industry. Research of nanotechnology
in the petroleum industry has attracted attention among all novel
chemical compounds in the past few years. This work focuses on the
review of previous research regarding the current scenario of polymer
flooding, challenges of polymer flooding, polymeric nanofluid in EOR,
recent developments in polymer flooding, characteristics of polymeric
nanofluids, prospects, and economic feasibility for polymeric nanofluids’
applications in EOR. This paper also reviews the characterization
of polymeric nanofluids such as rheology, stability, wettability alteration,
interfacial tension reduction, and absorption control. It has been
found from a literature review that polymeric nanofluids are more
effective in oil recovery considering viscosity modification, stability
enhancement, and chemical adsorption control. Oil recovery can be
additionally increased by up to 10–15% original-oil-in-place
applying polymeric nanofluids.