Download or read book Economic Incentives for Coupled Enhanced Oil Recovery EOR and CO2 Sequestration in Hydrocarbon Reservoirs written by Mehmet Barkin Urun and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study presents an engineering and economic analysis to estimate the financial incentives that may be required to motivate coupled enhanced oil recovery (EOR) and CO2 capture and storage (CCS) projects. Because CO2 is considered to be a major contributor to global warming, its storage in oil reservoirs could have long term economic and environmental benefits. The engineering foundations of the study are compositional reservoir simulations that accounts for all the major technical parameters, and provide data on the reservoir performance over time. In order to carry out the reservoir simulations in an efficient way, Computer Modelling Group GEM reservoir simulator was added to the UT IRSP platform. Experimental design and a project economic model were then applied to the reservoir simulation outputs to estimate the levels of CO2 credit required to motivate coupled EOR and storage. In the first part of the study, the effect of technical and economic variables on the CO2 credit was studied for the case of a mature oil reservoir. In the second part, a similar analysis was conducted for marginal (low quality) oil reservoirs. The results suggest that CO2 credit would necessarily have to be provided, in both low and high price scenarios, to motivate coupled EOR and CCS. Also, it appears that any credit scheme that is implemented must consider reservoir physical characteristics, CO2 injection method and the configuration of wells as the most significant variables.

Download or read book Enhanced Oil Recovery written by Vladimir Alvarado and published by Gulf Professional Publishing. This book was released on 2010-07-30 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Enhanced-Oil Recovery (EOR) evaluations focused on asset acquisition or rejuvenation involve a combination of complex decisions, using different data sources. EOR projects have been traditionally associated with high CAPEX and OPEX, as well as high financial risk, which tend to limit the number of EOR projects launched. In this book, the authors propose workflows for EOR evaluations that account for different volumes and quality of information. This flexible workflow has been successfully applied to oil property evaluations and EOR feasibility studies in many oil reservoirs. The methodology associated with the workflow relies on traditional (look-up tables, XY correlations, etc.) and more advanced (data mining for analog reservoir search and geology indicators) screening methods, emphasizing identification of analogues to support decision making. The screening phase is combined with analytical or simplified numerical simulations to estimate full-field performance by using reservoir data-driven segmentation procedures. Case Studies form Asia, Canada, Mexico, South America and the United States Assets evaluated include reservoir types ranging from oil sands to condensate reservoirs Different stages of development and information availability are discussed

Download or read book Integrated Reservoir Studies for CO2 Enhanced Oil Recovery and Sequestration written by Shib Sankar Ganguli and published by Springer. This book was released on 2017-03-30 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the feasibility of CO2-EOR and sequestration in a mature Indian oil field, pursuing for the first time a cross-disciplinary approach that combines the results from reservoir modeling and flow simulation, rock physics modeling, geomechanics, and time-lapse (4D) seismic monitoring study. The key findings presented indicate that the field under study holds great potential for enhanced oil recovery (EOR) and subsequent CO2 storage. Experts around the globe argue that storing CO2 by means of enhanced oil recovery (EOR) could support climate change mitigation by reducing the amount of CO2 emissions in the atmosphere by ca. 20%. CO2-EOR and sequestration is a cutting-edge and emerging field of research in India, and there is an urgent need to assess Indian hydrocarbon reservoirs for the feasibility of CO2-EOR and storage. Combining the fundamentals of the technique with concrete examples, the book is essential reading for all researchers, students and oil & gas professionals who want to fully understand CO2-EOR and its geologic sequestration process in mature oil fields.

Download or read book Reservoir Simulation Studies for Coupled CO2 Sequestration and Enhanced Oil Recovery written by Yousef Ghomian and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Compositional reservoir simulation studies were performed to investigate the effect of uncertain reservoir parameters, flood design variables, and economic factors on coupled CO2 sequestration and EOR projects. Typical sandstone and carbonate reservoir properties were used to build generic reservoir models. A large number of simulations were needed to quantify the impact of all these factors and their corresponding uncertainties taking into account various combinations of the factors. The design of experiment method along with response surface methodology and Monte-Carlo simulations were utilized to maximize the information gained from each uncertainty analysis. The two objective functions were project profit in the form of $/bbl of oil produced and sequestered amount of CO2 in the reservoir. The optimized values for all objective functions predicted by design of experiment and the response surface method were found to be close to the values obtained by the simulation study, but with only a small fraction of the computational time. After the statistical analysis of the simulation results, the most to least influential factors for maximizing both profit and amount of stored CO2 are the produced gas oil ratio constraint, production and injection well types, and well spacing. For WAG injection scenarios, the Dykstra-Parsons coefficient and combinations of WAG ratio and slug size are important parameters. Also for a CO2 flood, no significant reduction of profit occurred when only the storage of CO2 was maximized. In terms of the economic parameters, it was demonstrated that the oil price dominates the CO2 EOR and storage. This study showed that sandstone reservoirs have higher probability of need for CO2i ncentives. In addition, higher CO2 credit is needed for WAG injection scenarios than continuous CO2 injection. As the second part of this study, scaling groups for miscible CO2 flooding in a three-dimensional oil reservoir were derived using inspectional analysis with special emphasis on the equations related to phase behavior. Some of these scaling groups were used to develop a new MMP correlation. This correlation was compared with published correlations using a wide range of reservoir fluids and found to give more accurate predictions of the MMP.

Download or read book Carbon Dioxide Enhanced Oil Recovery in Indonesia written by Asian Development Bank and published by . This book was released on 2019-12 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Spinning Straw Into Black Gold written by United States. Congress. House. Committee on Natural Resources. Subcommittee on Energy and Mineral Resources and published by . This book was released on 2009 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Carbon Dioxide Chemistry Capture and Oil Recovery written by Iyad Karamé and published by BoD – Books on Demand. This book was released on 2018-08-16 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fossil fuels still need to meet the growing demand of global economic development, yet they are often considered as one of the main sources of the CO2 release in the atmosphere. CO2, which is the primary greenhouse gas (GHG), is periodically exchanged among the land surface, ocean, and atmosphere where various creatures absorb and produce it daily. However, the balanced processes of producing and consuming the CO2 by nature are unfortunately faced by the anthropogenic release of CO2. Decreasing the emissions of these greenhouse gases is becoming more urgent. Therefore, carbon sequestration and storage (CSS) of CO2, its utilization in oil recovery, as well as its conversion into fuels and chemicals emerge as active options and potential strategies to mitigate CO2 emissions and climate change, energy crises, and challenges in the storage of energy.

Download or read book Innovations in Enhanced and Improved Oil Recovery New Advances written by Mansoor Zoveidavianpoor and published by BoD – Books on Demand. This book was released on 2024-04-24 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book navigates the evolving landscape of Enhanced Oil Recovery (EOR) and Improved Oil Recovery (IOR), covering diverse topics such as lithological dynamics in CO2-EOR, the impact of asphaltene precipitation in WAG implementation, progress in CO2-EOR and storage technology, in situ foam generation for unconventional fractured reservoirs, electromagnetic radiation effects on heavy oil upgrading, advancements in hydraulic fracturing, in situ synthesis of nanoparticles, and operational insights in the Bakken Shale. This comprehensive volume serves as an indispensable resource for professionals and researchers in the ever-changing field of enhanced and improved oil recovery.

Download or read book Carbon Sequestration Atlas of the United States and Canada written by and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Enhanced Oil Recovery written by Alicia Knight and published by Nova Science Publishers. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Significant quantities of oil can be extracted using Enhanced Oil Recovery (EOR) methods. One of the main methods of this type is CO2-EOR, which also has a positive impact on the environment as it results in the practically permanent storage of CO2, the main greenhouse gas (GHG). When its use is economically viable, the technology for extracting oil using CO2 (CO2-EOR) enables significant quantities of oil to be obtained and at the same time, provides storage for large volumes of CO2. It thus brings in both financial profits and environmental benefits if the oil extracted is used instead of crude oil obtained by conventional methods and does not entail any increase in consumption. This book discusses the different methods of EOR, as well as all of the economic benefits and impacts it has on the environment.

Download or read book Incentives for Tertiary Enhanced Recovery Techniques Crude Oil Production written by United States. Congress. Senate. Committee on Energy and Natural Resources and published by . This book was released on 1978 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Carbon Dioxide Enhanced Oil Recovery and Sequestration in the Orion Oil Field in the North Slope Region of Alaska written by Banabas D. Dogah and published by . This book was released on 2021 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Carbon dioxide flooding in viscous oil systems has been proven to improve oil recovery and store CO2 in several geologic basins worldwide. With global energy steadily transitioning towards decarbonization, CO2-EOR and Sequestration can reduce the carbon footprint from crude oil production. Although well accepted globally, the potential of improved oil recovery and CO2 storage capacity has not been extensively studied in Alaska. Since the CO2 injection process involves phase transition, reservoir simulation becomes more complex. It requires reliable techniques to estimate the ultimate recovery factor, oil production rate, and CO2 storage volumes precisely. This study focuses on carbon dioxide enhanced oil recovery (CO2-EOR) and storage in the Orion satellite field of Alaska, its ability to reduce greenhouse gases, and the technical and economic feasibility of a CO2 flooding project. In this study, the Peng-Robinson equation of state is tuned to model fluid behavior from the respective sands accurately. Core flooding results from the Orion Oil Pool in the Schrader Bluff Formation provided the basis for developing relative permeability curves for the various layers in the geological model. The geological model was then coupled with the developed fluid model and introduced into a compositional simulator capable of handling the heterogeneous complexity to simulate CO2 injection. Simulations suggested that the CO2 gas injection is partially miscible in the Orion reservoir at pressures close to the average initial reservoir pressure. Consequently, CO2 mixes with oil in the reservoir, reduces oil viscosity, increases oil mobility, and improves oil recovery. Different simulation scenarios were considered and compared, including the effects of fluid injection mixtures on oil recovery, well trajectory effects, and production bottom hole pressure effects on oil recovery. A considerable volume of injected CO2 is expected to be sequestered in the reservoir, for which economic analysis is conducted for tax credit purposes. The results show that 40% Enriched CO2 injection achieved the highest oil recovery, which highlights the importance of selecting the appropriate injector and producer well trajectory. This work provides insights into the optimum CO2 gas flooding controlling parameters for incremental oil production through sensitivity analysis. The study's novelty is further expanded by quantifying the potential of CO2 sequestration in each layer of the Orion oil field.

Download or read book Forecasting CO2 Sequestration with Enhanced Oil Recovery written by William Ampomah and published by Mdpi AG. This book was released on 2022-12-14 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of carbon capture, utilization, and storage (CCUS) is to reduce the amount of CO2 released into the atmosphere and to mitigate its effects on climate change. Over the years, naturally occurring CO2 sources have been utilized in enhanced oil recovery (EOR) projects in the United States. This has presented an opportunity to supplement and gradually replace the high demand for natural CO2 sources with anthropogenic sources. There also exist incentives for operators to become involved in the storage of anthropogenic CO2 within partially depleted reservoirs, in addition to the incremental production oil revenues. These incentives include a wider availability of anthropogenic sources, the reduction of emissions to meet regulatory requirements, tax incentives in some jurisdictions, and favorable public relations. The United States Department of Energy has sponsored several Regional Carbon Sequestration Partnerships (RCSPs) through its Carbon Storage program which have conducted field demonstrations for both EOR and saline aquifer storage. Various research efforts have been made in the area of reservoir characterization, monitoring, verification and accounting, simulation, and risk assessment to ascertain long-term storage potential within the subject storage complex. This book is a collection of lessons learned through the RCSP program within the Southwest Region of the United States. The scope of the book includes site characterization, storage modeling, monitoring verification reporting (MRV), risk assessment and international case studies.

Download or read book Fundamentals of Enhanced Oil Recovery Methods for Unconventional Oil Reservoirs written by Dheiaa Alfarge and published by Elsevier. This book was released on 2020-09-09 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fundamentals of Enhanced Oil Recovery Methods for Unconventional Oil Reservoirs, Volume 67 provides important guidance on which EOR methods work in shale and tight oil reservoirs. This book helps readers learn the main fluid and rock properties of shale and tight reservoirs—which are the main target for EOR techniques—and understand the physical and chemical mechanisms for the injected EOR fluids to enhance oil recovery in shale and tight oil reservoirs. The book explains the effects of complex hydraulic fractures and natural fractures on the performance of each EOR technique. The book describes the parameters affecting obtained oil recovery by injecting different EOR methods in both the microscopic and macroscopic levels of ULR. This book also provides proxy models to associate the functionality of the improved oil recovery by injecting different EOR methods with different operating parameters, rock, and fluid properties. The book provides profesasionals working in the petroleum industry the know-how to conduct a successful project for different EOR methods in shale plays, while it also helps academics and students in understanding the basics and principles that make the performance of EOR methods so different in conventional reservoirs and unconventional formations. Provides a general workflow for how to conduct a successful project for different EOR methods in these shale plays Provides general guidelines for how to select the best EOR method according to the reservoir characteristics and wells stimulation criteria Explains the basics and principles that make the performance of EOR methods so different in conventional reservoirs versus unconventional formations

Download or read book Challenges and Recent Advances in Sustainable Oil and Gas Recovery and Transportation written by Sanket Joshi and published by Elsevier. This book was released on 2023-03-10 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: Challenges and Recent Advances in Sustainable Oil and Gas Recovery and Transportation delivers a critical tool for today’s petroleum and reservoir engineers to learn the latest research in EOR and solutions toward more SDG-supported practices. Packed with methods and case studies, the reference starts with the latest advances such as EOR with polymers and EOR with CCS. Advances in shale recovery and methane production are also covered before layering on sustainability methods on critical topics such as oilfield produced water. Supported by a diverse group of contributors, this book gives engineers a go-to source for the future of oil and gas. The oil and gas industry are utilizing enhanced oil recovery (EOR) methods frequently, but the industry is also tasked with making more sustainable decisions in their future operations. Provides the latest advances in enhanced oil recovery (EOR), including EOR with polymers, EOR with carbon capture and sequestration (CCS), and hybrid EOR approaches Teaches options in recovery and transport, such as shale recovery and methane production from gas hydrate reservoirs Includes sustainability methods such as biological souring and oil field produced water solutions

Download or read book Economically and Environmentally Sustainable Enhanced Oil Recovery written by M. R. Islam and published by John Wiley & Sons. This book was released on 2020-03-17 with total page 820 pages. Available in PDF, EPUB and Kindle. Book excerpt: There have been many books on the topic of Enhanced Oil Recovery (EOR) over the last 100 years. They all, however, focus on how to recover more oil faster, taking a rather myopic approach. The solutions presented all work fantastically in theory and even in the laboratory, but each fails to produce results in the field with long-term success. The petroleum industry is almost resigned to the belief that for an EOR technique to be successful, it must be propped up with public funds or must compromise environmental integrity. In line with modern engineering practices, previous books discuss how existing technologies can be tweaked to accommodate for any shortcomings that just came to light. This book is unlike any other book on the topic of recovery in particular and engineering in general. This groundbreaking volume is a continuation of the author’s and his research group’s work that started publishing on the subject of global sustainability involving energy and the environment, dating back to early 2000s. Starting with a paradigm shift in engineering that involves a long-term focus, rather than looking for short-term solutions, the methods and theories presented here delve into applying green engineering and zero waste principles to EOR. Historically, EOR has received mixed success, mainly because innovations in these disciplines relied heavily on processed materials, which are both uneconomical and toxic to the environment. This book explains how engineers missed entirely the causes of unsustainability in these technologies due to the prevalence of many myths that are embedded in modern engineering. Once these myths are deconstructed, the appropriate technologies emerge and the merits of them both in terms of economic and environmental benefits become clear. The book reveals how previous practices in EOR can be replaced with their sustainable versions while saving in material costs. A number of innovative technologies are introduced that can render well known technologies, such as steam flood, in situ combustion, chemical flooding, and microbial EOR environmentally sustainable and economically attractive. A triple dividend is received once these technologies are applied in otherwise marginal reservoirs, unconventional plays and even abandoned formations. The overall reserve, which reflects recoverable oil with new technologies, goes up drastically. Further benefits are drawn when processes such as value addition of waste material is performed. Overall this book shows how EOR can be rendered green while increasing the profitability. This is in stark contrast to the past practices that considered environmental integrity as a drain on profitability. This book proves that a paradigm shift can turn a “technological disaster” into a technological marvel.

Download or read book Coupled CO2 Sequestration and Enhanced Oil Recovery Optimization Using Experimental Design and Response Surface Methodology written by Jorge E. Ramirez Salazar and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: