The dual challenge of enhancing oil recovery while sequestering carbon dioxide (CO2) in oil reservoirs is a pivotal concern in the energy sector. CO2 injection is recognized for its ability to decrease oil density and viscosity, thereby improving oil mobility and recovery rates. Traditionally, efforts have been concentrated either on enhancing oil recovery (EOR) or carbon storage, but not many efforts spent to couple EOR and CO2 sequestration. Hence, novel techniques to optimize engineering designs to synergize EOR with CO2 sequestration is the best approach to maximize the opportunities of storing emission gas and contribute to the global world decarbonization goals.This study introduces an innovative dual lateral horizontal well design, aimed at simultaneously boosting oil recovery from shale reservoirs and enhancing CO2 retention. By integrating a conceptual understanding of oil recovery mechanisms with empirical data from the field, this research contrasts the proposed dual lateral design with the conventional Huff-n-Puff gas injection technique, commonly employed in shale oil formations.Our findings demonstrate that the dual lateral horizontal wells significantly outperform other injection methods in both oil recovery and CO2 storage. Upon optimization, the dual lateral injection design continues to surpass the Huff-n-Puff method in terms of CO2 storage, oil recovery, and net present value (NPV). This investigation not only presents innovative gas injection strategies in shale reservoirs but also provides insights into optimizing gas injection methods to enhance production efficiency and contribute to climate change mitigation through improved carbon capture and storage capacities.Through comprehensive numerical simulations and empirical data analysis, the study explores the optimization of well spacing, revealing that a dual lateral well with optimized spacing between 20 and 30 feet achieves the best outcomes in terms of oil recovery, CO2 retention, and net present value (NPV). The research presents a unique coupling of economic and environmental benefits, supported by economic analysis that includes the potential impact of CO2 tax credits.The novelty of this research is underscored by its integrated approach to CO2-EOR, the development of a dual lateral well design, and the optimization of well spacings for maximized efficiency. By providing a scalable solution that is both economically viable and environmentally sustainable, this research contributes a significant paradigm shift in the field of EOR and CO2 sequestration, with implications for policy and investment strategies in the energy sector. The findings propose a new direction for shale reservoir exploitation, promising to enhance production efficiency while contributing to global efforts in greenhouse gas reduction.
Read full abstract