(415c) Opportunities for Utilizing Anthropogenic CO2 for Enhanced Oil Recovery (EOR)

The purpose of this presentation is to address two common myths associated with the potential for carbon dioxide (CO₂)storage in associations with enhanced oil recovery. The first is that CO₂-EOR represents only a small fraction of the potential for storage the second is that CO₂ is not stored during EOR. The paper sets out to demonstrate that CO₂-EOR offers large CO₂ storage capacity potential, and can accommodate a major portion of the CO₂ captured from industrial facilities for the next 30 years.  It will show that in fact CO₂ is stored with when deployed in association with CO₂-EOR, and that the amount stored depends on the priority placed on maximizing/optimizing storage. It goes on to demonstrate that carbon capture and storage (CCS) benefits from CO₂-EOR, in that the revenues (or cost reduction) from sale of CO₂ to EOR helps CCS economics, overcomes significant deployment barriers, while producing oil with a lower CO₂ emissions “footprint.” Finally, the paper shows that CO₂-EOR needs CCS; large-scale implementation of CO₂-EOR is dependent on CO₂ supplies from industrial sources.