scholarly journals Techno-economic analysis of intermediate hydrocarbon injection on coupled CO2 storage and enhanced oil recovery

2020 ◽  
pp. 014459872092707 ◽  
Author(s):  
Jinhyung Cho ◽  
Moon S Jeong ◽  
Young W Lee ◽  
Hye S Lee ◽  
Kun S Lee

This study proposes economic evaluation of CO2 geological storage with enhanced oil recovery. The procedures consider capital expenditures and operating costs of infrastructures and revenues from oil recovery and carbon tax credits. Extensive CO2 geological storage with enhanced oil recovery simulations was conducted to determine the most promising scenario among cases, where miscibility was controlled by the addition of liquefied petroleum gas. The addition of liquefied petroleum gas into a CO2 injection stream can accelerate reduction of oil viscosity, interfacial tension, and oil density, which cause improved displacement efficiency. The larger was the amount of liquefied petroleum gas injected, the greater was the miscibility due to minimum miscibility pressure reduction, resulting in higher oil recovery and less CO2 sequestration. Although liquefied petroleum gas addition enhances the performance of CO2 enhanced oil recovery, economic analysis should be conducted for CO2 geological storage with enhanced oil recovery due to the higher price of liquefied petroleum gas than that of CO2. Net present value decreased from liquefied petroleum gas mole fraction of 0–2% and started to increase from mole fraction 2–13% due to the miscibility effect. Then, net present value started to decrease, because the purchasing and injecting prices of the required liquefied petroleum gas exceeded that of the oil produced. Economic evaluation showed that addition of 13% liquefied petroleum gas was the most promising scenario, with a net present value of 91 MM$. Thus, we confirmed an optimum liquefied petroleum gas concentration in the CO2 geological storage with enhanced oil recovery process.

2015 ◽  
Vol 2015 ◽  
pp. 1-9 ◽  
Author(s):  
Jinhyung Cho ◽  
Sung Soo Park ◽  
Moon Sik Jeong ◽  
Kun Sang Lee

The addition of LPG to the CO2stream leads to minimum miscible pressure (MMP) reduction that causes more oil swelling and interfacial tension reduction compared to CO2EOR, resulting in improved oil recovery. Numerical study based on compositional simulation has been performed to examine the injectivity efficiency and transport behavior of water-alternating CO2-LPG EOR. Based on oil, CO2, and LPG prices, optimum LPG concentration and composition were designed for different wettability conditions. Results from this study indicate how injected LPG mole fraction and butane content in LPG affect lowering of interfacial tension. Interfacial tension reduction by supplement of LPG components leads to miscible condition causing more enhanced oil recovery. The maximum enhancement of oil recovery for oil-wet reservoir is 50% which is greater than 22% for water-wet reservoir. According to the result of net present value (NPV) analysis at designated oil, CO2, propane, and butane prices, the optimal injected LPG mole fraction and composition exist for maximum NPV. At the case of maximum NPV for oil-wet reservoir, the LPG fraction is about 25% in which compositions of propane and butane are 37% and 63%, respectively. For water-wet reservoir, the LPG fraction is 20% and compositions of propane and butane are 0% and 100%.


1977 ◽  
Vol 17 (03) ◽  
pp. 193-200 ◽  
Author(s):  
M.C. Puerto ◽  
W.W. Gale

Abstract Economic constraints are such that it is unlikely a pure surfactant will be used for major enhanced oil recovery projects. However, it is possible to manufacture at competitive prices classes of syntheic and natural petroleum sulfonates that have fairly narrow molecular-weight distributions. Under some reservoir conditions, one of these narrow-distribution sulfonates may serve quite well as the basic component of a surfactant flood, however, in many instances a mixture of two or more of these may be required. Since evaluation of a significant subset of "all possible combinations" is a formidable undertaking screening techniques must be established that can reduce the number of laboratory core floods required. It is well known that interfacial tension plays a dominant role in surfactant flooding. It has recently been shown that minimal interfacial tensions occur at optimal salinity, Cphi, where the solubilization parameters VO/Vs and Vw/Vs are equal. Additionally, it has been shown that interracial tensions are inversely proportional to the magnitude of the solubilization parameters. This paper demonstrates that optimal salinity and solubilization parameters for any mixture of orthoxylene sulfonates can be estimated by summation of mole-fraction-weighted component properties. Those properties, which could not be properties. Those properties, which could not be measured directly, were obtained by least-squares regression on mixture data. Moreover, for surfactants of known carbon number distributions, equations that are linear in mole fractions of components and logarithmic in alkyl carbon number were found to be excellent estimators of both Cphi and solubilization parameters evaluated at Cphi. parameters evaluated at Cphi. Optimal salinity and associated solubilization parameters were measured using constant weight parameters were measured using constant weight fractions of alcohol cosolvents and mixtures of seven products with narrow molecular weight distributions. The average alkyl carbon number of these products varied from about 8 to 19. Alkyl chain lengths of individual surfactant chemical species ranged from 6 to 24 carbon atoms. Introduction Optimal salinity and the amounts of oil and water contained in a microemulsion have been shown to play important roles in obtaining low interfacial tensions and high oil recoveries. Since economics of enhanced oil recovery projects demand use of inexpensive surfactants, broad-distribution products likely will be chosen. Knowledge of how to estimate optimal salinity and oil-water contents of microemulsions prepared from such products would reduce time involved in laboratory screening procedures. This paper presents a method for procedures. This paper presents a method for obtaining such estimates that should prove useful for all types of surfactant mixtures that involve homologous series. The basic concept used is that a given property of a mixture of components (Yi) is related to the sum of products of mole fraction of components in the mixture (Xij) and the "mixing value" of the property in question for that component (Y'j). In property in question for that component (Y'j). In other words, (1) This approach is similar, for example, to the pseudocritical method used by Kay to calculate pseudocritical method used by Kay to calculate gas deviation factors at high pressures. The properties of interest in this paper are optimal properties of interest in this paper are optimal salinity and solubilization parameters, Vo/Vs, and Vw/Vs, at optimal salinity. Two separate approaches were developed that depended on the degree of detail of the available surfactant-composition data. In the first approach, only average molecular weights of several surfactant products were assumed known. Optimal salinity and products were assumed known. Optimal salinity and solubilization parameters could be measured for some, but not all, of the products. Regression on mixture data was used to estimate these quantities for the remainder of the products. Those properties, either measured experimentally or estimated from mixture data, are referred to as surfactant product contributions since they can be used as mixing values of the property in question in Eq. 1 or Eq. 2. SPEJ P. 193


2021 ◽  
Author(s):  
Adekunle Tirimisiyu Adeniyi ◽  
Miracle Imwonsa Osatemple ◽  
Abdulwahab Giwa

Abstract There are a good numbers of brown hydrocarbon reservoirs, with a substantial amount of bypassed oil. These reservoirs are said to be brown, because a huge chunk of its recoverable oil have been produced. Since a significant number of prominent oil fields are matured and the number of new discoveries is declining, it is imperative to assess performances of waterflooding in such reservoirs; taking an undersaturated reservoir as a case study. It should be recalled that Waterflooding is widely accepted and used as a means of secondary oil recovery method, sometimes after depletion of primary energy sources. The effects of permeability distribution on flood performances is of concerns in this study. The presence of high permeability streaks could lead to an early water breakthrough at the producers, thus reducing the sweep efficiency in the field. A solution approach adopted in this study was reserve water injection. A reverse approach because, a producing well is converted to water injector while water injector well is converted to oil producing well. This optimization method was applied to a waterflood process carried out on a reservoir field developed by a two - spot recovery design in the Niger Delta area of Nigeria that is being used as a case study. Simulation runs were carried out with a commercial reservoir oil simulator. The result showed an increase in oil production with a significant reduction in water-cut. The Net Present Value, NPV, of the project was re-evaluated with present oil production. The results of the waterflood optimization revealed that an increase in the net present value of up to 20% and an increase in cumulative production of up to 27% from the base case was achieved. The cost of produced water treatment for re-injection and rated higher water pump had little impact on the overall project economy. Therefore, it can conclude that changes in well status in wells status in an heterogenous hydrocarbon reservoir will increase oil production.


FLORESTA ◽  
2014 ◽  
Vol 44 (1) ◽  
pp. 143 ◽  
Author(s):  
Aylson Costa Oliveira ◽  
Thiago Taglialegna Salles ◽  
Bárbara Luísa Corradi Pereira ◽  
Angélica De Cássia Oliveira Carneiro ◽  
Camila Soares Braga ◽  
...  

O objetivo deste trabalho foi analisar a viabilidade econômica da produção de carvão vegetal em dois sistemas produtivos: oito fornos de superfície acoplados a uma fornalha para queima de gases e dez fornos do tipo “rabo-quente” sem sistema de queima de gases. Para análise econômica, definiu-se uma produção anual média igual a 1.571 metros cúbicos de carvão (mdc) e horizonte de planejamento de 12 anos, sendo propostos 2 cenários. No primeiro cenário, após a colheita da madeira, realiza-se o plantio de uma nova floresta, permanecendo o custo da madeira constante em todo o planejamento; no segundo cenário, após a colheita, considerou-se a condução da brotação, reduzindo os custos na 2ª rotação e consequentemente os custos da madeira. A análise econômica foi realizada através da determinação dos seguintes indicadores: Valor Presente Líquido (VPL), Valor Anual Equivalente (VAE), Razão Benefício/Custo (B/C) e Lucratividade. Os indicadores calculados demonstraram a viabilidade dos dois sistemas produtivos avaliados em ambos os cenários propostos, porém o sistema fornos-fornalha apresentou melhores valores para os indicadores. Conclui-se que a produção de carvão vegetal nos sistemas avaliados foram viáveis economicamente, com o sistema fornos-fornalha gerando maior lucro ao produtor de carvão.Palavras-chave: Fornos de alvenaria; análise determinística; valor presente líquido. Abstract Economic viability of charcoal production in two production systems. The objective of this study was to analyze the economic viability of charcoal production in two conversion technologies: eight surface kilns coupled to a furnace for burning gases (kilns-furnace system) and ten "rabo-quente" or traditional charcoal kilns without burning gases system. An average annual production of 1571 cubic meters of charcoal (mdc) was used to perform the economic analysis. A planning horizon of 12 years and two scenarios were proposed. In the first scenario, after harvesting the wood, the planting of a new forest was performed, and the cost of wood remained constant throughout the planning horizon. In the second scenario, after the harvest, the conduction of shooting was considered, which reduced costs in the second rotation and consequently the cost of wood. The economic analysis was performed by determining the following indicators: Net Present Value (NPV), Equivalent Annual Value (EAV) and Benefit - Cost Reason (B/C). Calculated indicators demonstrated the viability of producing charcoal in the two production systems in both scenarios proposed, but kilns-furnace system presented better values. As conclusion, production of charcoal in the evaluated systems were economically viable. Kilns-furnace system was able to generate more profit to charcoal producer.Keywords: Kilns; deterministic analysis; net present value.


2020 ◽  
Vol 10 (8) ◽  
pp. 3947-3959
Author(s):  
Kyle Medica ◽  
Rean Maharaj ◽  
David Alexander ◽  
Mohammad Soroush

Abstract Trinidad and Tobago (TT) is seeking to develop more economical methods of enhanced oil recovery to arrest the decline in crude oil production and to meet the current and future energy demand. The utilization of alkaline-polymer flooding to enhance oil recovery in TT requires key studies to be conducted to obtain critical information of the flooding system (soil type, additive type, pH, adsorption characteristics and rheological (flow) characteristics). Understanding the role of, interplay and optimizing of these variables will provide key input data for the required simulations to produce near realistic projections of the required EOR efficiencies. The parameters of various wells in TT were compared to the screening criteria for alkali-polymer flooding, and the EOR 4 well was found to be suitable and thus selected for evaluation. Laboratory adsorption studies showed that the 1000 ppm xanthan gum flooding solution containing 0.25% NaOH exhibited the lowest absorption capacity for the gravel packed sand and exhibited the lowest viscosity at all the tested shear rates. The lowest adsorption was 2.27 × 10−7 lbmole/ft3 which occurred with the 1000 ppm xanthan gum polymer containing 0.25% NaOH, and the evidence showed that the polymer was adsorbed on the other side of the faults, indicating that it has moved further and closer to the producing well. Implementation of an alkali polymer flooding resulted in an incremental increase in the recovery factors (~ 3%) compared to polymer flooding; however, a change in the oil recovery as a function of the alkaline concentration was not observed. The simulated economic analysis clearly shows that all the analysed EOR scenarios resulted in economically feasible outcomes of net present value (NPV), Internal Rate of Return (IRR) and payback period for oil price variations between $35 and $60 USD per barrel of oil. A comparison of the individual strategies shows that the alkali-polymer flood system utilizing 0.25% sodium hydroxide with 1000 ppm xanthan gum is the best option in terms of cumulative production, recovery factor, NPV, IRR and time to payback.


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