Abstract

CO2-enhanced oil recovery (CO2-EOR) has emerged as a major option for productively using CO2 emissions captured from electric power and other industrial facilities as part of carbon capture and storage (CCS) operations. Not only can depleting oil fields provide secure, well-characterized sites for storing CO2, such fields can also provide a source of revenues to offset the costs of capturing CO2 by producing incremental oil. This paper draws significantly on work by Advanced Resources International, Inc. (ARI), sponsored by the United States Department of Energy’s National Energy Technology Laboratory (U.S. DOE/NETL) [Advanced Resources International, Inc. (ARI). Improving Domestic Energy Security and Lowering CO2 Emissions with “Next Generation” CO2-Enhanced Oil Recovery; ARI: Arlington, VA, 2011; http://www.netl.doe.gov/energy-analyses/pubs/storing%20co2%20w%20eor_final.pdf] and the International Energy Agency Greenhouse Gas Research and Development Programme (IEAGHG) [Advanced Resources International, ...

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