2010
DOI: 10.5547/issn0195-6574-ej-vol31-no4-2
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The Economics of Enhanced Oil Recovery: Estimating Incremental Oil Supply and CO2 Demand in the Powder River Basin

Abstract: Expanding the use of CO 2-enhanced oil recovery (EOR) promises to both significantly increase recovery from existing U.S. oil reserves and possibly form a bridge to large-scale CO 2 capture and sequestration. An important input into planning for such expansion are estimates of how both the supply of incremental oil and the derived CO 2 demand from EOR are likely to vary with the prices of oil and CO 2. We demonstrate how the "analog" method of predicting oil and CO 2 flows can be used to readily generate such … Show more

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Cited by 18 publications
(4 citation statements)
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“…For such flow behaviour of multiple fluids with an interface in porous media, the instability of the displacement front directly impacts the oil recovery efficiency, the storage capacity and the rate of mass transfer between phases. In enhanced oil recovery, due to the unstable water–oil displacement front, water-flooding in natural reservoirs can produce only 10 %–20 % of the initial oil in place (Van’t Veld & Phillips 2010). In geological sequestration, when the injection of liquid stops and brine flows back to displace supercritical , the occurrence of fingering flow can significantly increase the efficiency of storage by increasing interfacial area and improving capillary trapping as well as dissolution trapping (Wang et al.…”
Section: Introductionmentioning
confidence: 99%
“…For such flow behaviour of multiple fluids with an interface in porous media, the instability of the displacement front directly impacts the oil recovery efficiency, the storage capacity and the rate of mass transfer between phases. In enhanced oil recovery, due to the unstable water–oil displacement front, water-flooding in natural reservoirs can produce only 10 %–20 % of the initial oil in place (Van’t Veld & Phillips 2010). In geological sequestration, when the injection of liquid stops and brine flows back to displace supercritical , the occurrence of fingering flow can significantly increase the efficiency of storage by increasing interfacial area and improving capillary trapping as well as dissolution trapping (Wang et al.…”
Section: Introductionmentioning
confidence: 99%
“…Wang et al, 2012;Yamabe et al, 2014). In enhanced oil recovery, due to the unstable water-oil displacement interface, the sweep efficiency of water-flooding is greatly reduced and more than 80% native oil is left in reservoirs (Orr & Taber, 1984;Veld & Phillips, 2010). Understanding the fundamental mechanism and controlling displacement patterns of multiphase flow in porous media is therefore, critical for optimizing subsurface resources management.Fluid-fluid interfacial instability is a central issue for immiscible multiphase flow in permeable media.…”
mentioning
confidence: 99%
“…Two-phase displacement in porous media plays an important role in many natural and industrial processes, such as enhanced oil recovery, , gas hydrates extraction, CO 2 geological sequestration, rainfall-induced water infiltration into grounds, , and groundwater pollutant transport and remediation . The instability of the two-phase flow interface is vital for the effectiveness and efficiencies on oil-gas recovery and CO 2 geological storage .…”
Section: Introductionmentioning
confidence: 99%