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CO2 for Enhanced Oil RecoveryOvercoming Technical, Regulatory and Economic Barriers to Capitalize on CO2-EOR Business OpportunitiesTuesday, April 15, 2008
AboutFlooding is the fastest growing EOR technique in the United States. While the number of thermal and chemical injection projects has decreased significantly since the 1980’s, CO2-EOR projects have more than tripled in the same amount of time. With reaction to climate change intensifying, CO2 mitigation is becoming a hot button issue. Enhanced Oil Recovery (EOR) has long been a technique used to recover remaining oil. Global energy demand increases along with rising oil prices and new advances in MMV that improve the efficiency and accuracy of projects have greatly increased the commercial viability of CO2-EOR. With carbon capture and storage projects becoming more prevalent, EOR provides a way to help offset the high costs of carbon capture. Additionally, sequestering CO2 provides a means to avoid contributing to greenhouse gases, and even the potential to receive carbon offsets. Contents & ContributorsAboutFlooding is the fastest growing EOR technique in the United States. While the number of thermal and chemical injection projects has decreased significantly since the 1980’s, CO2-EOR projects have more than tripled in the same amount of time. With reaction to climate change intensifying, CO2 mitigation is becoming a hot button issue. Enhanced Oil Recovery (EOR) has long been a technique used to recover remaining oil. Global energy demand increases along with rising oil prices and new advances in MMV that improve the efficiency and accuracy of projects have greatly increased the commercial viability of CO2-EOR. With carbon capture and storage projects becoming more prevalent, EOR provides a way to help offset the high costs of carbon capture. Additionally, sequestering CO2 provides a means to avoid contributing to greenhouse gases, and even the potential to receive carbon offsets. Contents & ContributorsTHE BUSINESS MODEL: ALIGNING THE VALUE CHAIN WITH MARKET OPPORTUNITIES TO CAPITALIZE ON CO2 FOR EORDavid H. Merchant, Merchant Consulting CO2 SOURCE: SUPPLYING AND OBTAINING NECESSARY CO2 FOR EOR AND SEQUESTRATION Mark Holtz, International Business Development, EOR, Praxair, Inc. DEMONSTRATING THE COMMERCIAL VIABILITY OF CO2-EOR Geir Vollsaeter, Alston & Bird, LLP REQUEST FOR PROPOSAL: THE CARBON OFFSET LIST Scott Anderson, Environmental Defense IMPLICATIONS OF THE CARBON ECONOMY ON CCS IN OIL AND WATER Bill Townsend, Blue Source CO2 ENHANCED OIL RECOVERY AND CARBON SEQUESTRATION Dr. Carolyn Preston, Petroleum Technology Research Centre CASE STUDY: MONITORING AN EOR PROJECT TO DOCUMENT SEQUESTRATION VALUE Dr. Susan D. Hovorka, The University of Texas at Austin EOR & CCS – A SAMPLE OF FEDERAL AND STATE LEGISLATION George Peridas, Natural Resources Defense Council (NRDC) WYOMING CARBON SEQUESTRATION LEGISLATION Representative Thomas E. Lubnau, II, Wyoming House of Representatives ALBERTA’S REDWATER-LEDUC REEF CO2 STORAGE INITIATIVE Brent Lakeman, Alberta Research Council |
Date: Tue, Apr 15, 2008 Location:
Houston, TX Pricing:
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Printed copy of program proceedings Total: $499 + $9.95 (shipping & handling) |
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