Abstract

To achieve net-zero emissions by 2050, we need economic means of sequestering carbon dioxide (CO2) and reducing greenhouse gas emissions (GHG). We analyze the sequestration potential of the Intermountain West (I-West) region, US, as a primary energy transition hub through analysis of wellbore retrofit potential and emission reduction in both fugitive gas abatement and flare gas. We selected the I-West region due to its abundant energy sources and oil and gas production legacy. Preliminary analysis hints that well retrofits can breathe new life into a well at a fraction of the cost of a new drill. With millions of potential candidates in the US, even a modest fraction (1% or less) suitable for retrofit could accelerate the shift to large-scale CO2 sequestration. Fugitive gas, the unintentional release of wellbore gases such as methane, is a significant emissions source. Through conservative analysis, it is estimated that wellhead leakage alone may account for 5 million tonnes of carbon dioxide equivalent (CO2e) emissions. We conclude by assessing the CO2 emissions from flaring, which is the burning of associated gas during well operations, conservative analysis indicates flaring contributes another 2 million tonnes of CO2 emissions to the region. We find that with targeted retrofit and better controls on emissions sources, the I-West region can make a significant impact in the nation's push to become net-zero. This study outlines economic feasibility and actionable items to achieve the critical reductions in emissions and increases in sequestration necessary to attain net zero.

Full Text
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