Factors Determining Commercially Optimal Development Strategies for CO2 Storage With and Without CO2-EOR

2021 ◽  
Author(s):  
Mike Godec ◽  
George Koperna ◽  
Dave Riestenberg ◽  
Gerald Hill ◽  
Ben Wernette
Keyword(s):  
Co2 Storage ◽  
Development Strategies ◽  
Optimal Development ◽  
Co2 Eor

scholarly journals Enhanced Oil Recovery and CO2 Storage Potential Outside North America: An Economic Assessment

2018 ◽  
Author(s):  
Colin Ward ◽  
Wolfgang Heidug
Keyword(s):  
North America ◽  
Enhanced Oil Recovery ◽  
Oil Recovery ◽  
Net Present Value ◽  
Co2 Storage ◽  
Cost Effective ◽  
Economic Assessment ◽  
Oil Reservoirs ◽  
Co2 Eor ◽  
Storage Potential

Storing carbon dioxide (CO2 ) in oil reservoirs as part of CO2 -based enhanced oil recovery (CO2 -EOR) can be a cost-effective solution to reduce emissions into the atmosphere. In this paper, we analyze the economics of this option in order to estimate the amount of CO2 that could be profitably stored in different regions of the world. We consider situations in which the CO2 -EOR operator either purchases the CO2 supplied or is paid for its storage. Building upon extensive data sets concerning the characteristics and location of oil reservoirs and emission sources, the paper focuses on opportunities outside North America. Using net present value (NPV) as an indicator for profitability, we conduct a break-even analysis to relate CO2 supply prices (positive or negative) to economically viable storage potential.

scholarly journals An Improved Understanding About CO2 EOR and CO2 Storage in Liquid-Rich Shale Reservoirs

2019 ◽  
Author(s):  
Pedram Mahzari ◽  
Eric Oelkers ◽  
Thomas Mitchell ◽  
Adrian Jones
Keyword(s):  
Co2 Storage ◽  
Co2 Eor ◽  
Shale Reservoirs

Integrating CO2 EOR and CO2 Storage in the Bell Creek Oil Field

2012 ◽  
Author(s):  
Charles David Gorecki ◽  
John A. Hamling ◽  
Janelle Ensrud ◽  
Edward N. Steadman ◽  
John A. Harju
Keyword(s):  
Co2 Storage ◽  
Oil Field ◽  
Co2 Eor

scholarly journals A Profitability Study of CO2-EOR and Subsequent CO2 Storage in the North Sea under Low Oil Market Prices

2017 ◽  
Vol 114 ◽  
pp. 7060-7069 ◽  
Author(s):  
Kris Welkenhuysen ◽  
Bruno Meyvis ◽  
Kris Piessens
Keyword(s):  
North Sea ◽  
Co2 Storage ◽  
Market Prices ◽  
Oil Market ◽  
The North ◽  
The North Sea ◽  
Co2 Eor
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