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

2018 ◽  
Author(s):  
Colin Ward ◽  
Wolfgang Heidug

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.

2019 ◽  
Author(s):  
Zhaojie Song ◽  
Yuzhen Li ◽  
Yilei Song ◽  
Baojun Bai ◽  
Jirui Hou ◽  
...  

2019 ◽  
Vol 66 ◽  
pp. 233-243 ◽  
Author(s):  
Mohamed Gamal Rezk ◽  
Jalal Foroozesh ◽  
Davood Zivar ◽  
Mudassar Mumtaz

Fuel ◽  
2020 ◽  
Vol 276 ◽  
pp. 118006 ◽  
Author(s):  
Zhaojie Song ◽  
Yilei Song ◽  
Yuzhen Li ◽  
Baojun Bai ◽  
Kaoping Song ◽  
...  

2021 ◽  
Vol 73 (06) ◽  
pp. 63-64
Author(s):  
Judy Feder

This article, written by JPT Technology Editor Judy Feder, contains highlights of paper SPE 200560, “CO2-EOR and Storage Potentials in Depleted Reservoirs in the Norwegian Continental Shelf,” by Elhans Imanovs, SPE, and Samuel Krevor, SPE, Imperial College London, and Ali Mojaddam Zadeh, Equinor, prepared for the 2020 SPE Europec featured at the 82nd EAGE Conference and Exhibition, originally scheduled to be held in Amsterdam, 8–11 June. The paper has not been peer reviewed. A combination of carbon dioxide (CO2) enhanced oil recovery (EOR) and storage schemes could offer an opportunity to produce additional oil from depleted reservoirs and permanently store CO2 in the subsurface in an economically efficient manner. The complete paper evaluates the effect of different injection methods on oil recovery and CO2 storage potential in a depleted sandstone reservoir in the Norwegian Continental Shelf (NCS). The methods include continuous gas injection (CGI), continuous water injection (CWI), water alternating gas (WAG), tapered WAG (TWAG), simultaneous water above gas coinjection (SWGCO), simultaneous water and gas injection (SWGI), and cyclic SWGI. CO2 EOR and Storage in the NCS In recent years, the number of newly explored fields in the NCS has decreased. Approximately 47% of total resources in the NCS have been produced, and approximately 20% of resources are estimated as recoverable reserves. To fill in the gap between energy demand and recoverable reserves, EOR methods could be employed. One of the most efficient EOR methods is CO2 injection, because complete microscopic sweep efficiency can be achieved, leading to a total depletion of the reservoir. The three major types of CO2 EOR processes—miscible, near-miscible, and immiscible—are described and discussed in the full paper. Four primary CO2-trapping mechanisms are used in the subsurface: structural/stratigraphic, solubility, residual, and mineral trapping. The main locations for underground geological storage are depleted oil and gas reservoirs, coal formations, and saline aquifers. Currently, underground CO2 storage is believed to be a major technology to dramatically reduce CO2 amounts in the atmosphere. According to the International Energy Agency, 54 major oil basins around the world have the potential to produce 75 Bsm3 of additional oil and store 140 Gt of CO2. CO2 EOR and storage projects in the NCS could have several benefits. First, surface and subsea facility availability in the NCS region reduces capital expenditures. Second, in addition to the revenue from extra oil production, carbon credits could be awarded for the CO2 storage. The main challenges of CO2 EOR and storage offshore projects are high operational and capital expenditures. In depleted reservoirs, these include modification of offshore platform materials; additional power supply for CO2 compression and recycling; and replacement of the tubing because wet CO2 is highly corrosive, resulting in scale, asphaltene, and hydrates formation. Contamination of a gas cap with injected CO2 might lead to loss of hydrocarbon gas market value. Only one CO2 EOR project has been implemented offshore—the Lula field in Brazil’s Santos Basin—meaning that industry has very limited experience in such projects.


Author(s):  
Trine S. Mykkeltvedt ◽  
Sarah E. Gasda ◽  
Tor Harald Sandve

AbstractCarbon-neutral oil production is one way to improve the sustainability of petroleum resources. The emissions from produced hydrocarbons can be offset by injecting capture CO$$_{2}$$ 2 from a nearby point source into a saline aquifer for storage or a producing oil reservoir. The latter is referred to as enhanced oil recovery (EOR) and would enhance the economic viability of CO$$_{2}$$ 2 sequestration. The injected CO$$_{2}$$ 2 will interact with the oil and cause it to flow more freely within the reservoir. Consequently, the overall recovery of oil from the reservoir will increase. This enhanced oil recovery (EOR) technique is perceived as the most cost-effective method for disposing captured CO$$_{2}$$ 2 emissions and has been performed for many decades with the focus on oil recovery. The interaction between existing oil and injected CO$$_{2}$$ 2 needs to be fully understood to effectively manage CO$$_{2}$$ 2 migration and storage efficiency. When CO$$_{2}$$ 2 and oil mix in a fully miscible setting, the density can change non-linearly and cause density instabilities. These instabilities involve complex convective-diffusive processes, which are hard to model and simulate. The interactions occur at the sub-centimeter scale, and it is important to understand its implications for the field scale migration of CO$$_{2}$$ 2 and oil. In this work, we simulate gravity effects, namely gravity override and convective mixing, during miscible displacement of CO$$_{2}$$ 2 and oil. The flow behavior due to the competition between viscous and gravity effects is complex, and can only be accurately simulated with a very fine grid. We demonstrate that convection occurs rapidly, and has a strong effect on breakthrough of CO$$_{2}$$ 2 at the outlet. This work for the first time quantifies these effects for a simple system under realistic conditions.


2004 ◽  
Vol 126 (2) ◽  
pp. 119-124 ◽  
Author(s):  
O. S. Shokoya ◽  
S. A. (Raj) Mehta ◽  
R. G. Moore ◽  
B. B. Maini ◽  
M. Pooladi-Darvish ◽  
...  

Flue gas injection into light oil reservoirs could be a cost-effective gas displacement method for enhanced oil recovery, especially in low porosity and low permeability reservoirs. The flue gas could be generated in situ as obtained from the spontaneous ignition of oil when air is injected into a high temperature reservoir, or injected directly into the reservoir from some surface source. When operating at high pressures commonly found in deep light oil reservoirs, the flue gas may become miscible or near–miscible with the reservoir oil, thereby displacing it more efficiently than an immiscible gas flood. Some successful high pressure air injection (HPAI) projects have been reported in low permeability and low porosity light oil reservoirs. Spontaneous oil ignition was reported in some of these projects, at least from laboratory experiments; however, the mechanism by which the generated flue gas displaces the oil has not been discussed in clear terms in the literature. An experimental investigation was carried out to study the mechanism by which flue gases displace light oil at a reservoir temperature of 116°C and typical reservoir pressures ranging from 27.63 MPa to 46.06 MPa. The results showed that the flue gases displaced the oil in a forward contacting process resembling a combined vaporizing and condensing multi-contact gas drive mechanism. The flue gases also became near-miscible with the oil at elevated pressures, an indication that high pressure flue gas (or air) injection is a cost-effective process for enhanced recovery of light oils, compared to rich gas or water injection, with the potential of sequestering carbon dioxide, a greenhouse gas.


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