| Environment Forums Workshops TIS RFPs Projects 2003 02 20 LF | |||||||||
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2000 00 00 EXECUTIVE SUMMARY Introduction - A New
Approach to CO2
Sequestration Modern industrial nations, such as Canada, depend on energy production and consumption to maintain economic growth and meet the needs of a growing population. Energy producing countries are dealing with the difficult task of addressing the Kyoto Protocol without negatively impacting their own economy. Finding a balanced solution is not a simple matter. To be successful, it will be necessary to use a blend of emission reduction and sequestration technologies. Therefore, it is apparent that research into low-cost and practical management options for C02 is required. Recognizing this need, an international team of researchers has been established to conduct an extensive multi-year research project at a large-scale carbon sequestration project currently planned for southeastern Saskatchewan. It is a project that will demonstrate an effective method of C02 disposal while at the same time enhancing our understanding of Enhanced Oil Recovery (EOR) around the world. Weyburn Enhanced Oil Recovery Project-Creating
the Opportunity During its life, the project is expected to produce at least 130 million barrels of incremental oil, through miscible or near-miscible displacement with C02, from a field that has already produced 335 million barrels since its discovery in 1955. This will extend the life of the Weyburn field by approximately 25 years. The Weyburn C0 2 Monitoring Project-An
International Team The workshop resulted in a world-class research consortium, comprised of public and private-sector research providers from Canada, the United States and Europe. The objective of the consortium is to study the Weyburn Reservoir and enhance our knowledge and understanding of EOR and C02 sequestration, and develop monitoring and analytic methodologies with international benefits. This consortium combines two leading groups of scientists and researchers-those with an intimate knowledge of the Williston Basin, and those with experience working on the Sleipner C02 injection project in Norway. Additional proposals for research in areas that could potentially augment the program will be reviewed to determine their complementarity. A Unique
Opportunity and a Global Potential Only one field trial of a process that seeks solely to sequester C02 geologically is currently underway - at Sleipner in the North Sea, where C02 is extracted from natural gas and injected through a single well into a formation that has very different characteristics from the Weyburn Unit. The monitoring of the Weyburn Unit will be the single-most useful case study for establishing the effectiveness of greenhouse gas sequestration through EOR. It would establish a firm basis for assessing the costs of additional sequestration in the Weyburn field, the many similar oil reservoirs of the Williston Basin and worldwide. It will establish the baseline against which all future projects will be compared. The application of C02 EOR is a proven technology. While there are already commercial applications of C02 EOR in the US, the Weyburn C02 Monitoring Project is unique due to the existence of a complete historical database. The province of Saskatchewan required, at an early stage in the development of the oil industry, that all oilfield information be submitted for public record. Hence, there is a nearly complete record in the public domain of all geophysical logs, cores and cutting samples, as well as production and injection information. As a result, the Weyburn field may already be the world's
best-documented target site for EOR by C02 injection. Furthermore,
the field is in an easily accessible location. As such, any
monitoring studies on this field can be conducted at a lower cost and with
greater scientific certainty than at most other
locations. The first benefit of this project will be the objective evaluation, and successful large-scale demonstration, of the geological sequestration of C02 during EOR operations. If, as expected, the C02 sequestered into Williston Basin formations is securely stored, then vital information needed to determine both the associated costs and the long-term storage capacity for this form of C02 disposal will be provided. While commercial decisions will inevitably be made on the specific economic attributes of each individual project, the Weyburn project will improve our understanding of the processes by which C02 is sequestered. The information gathered will be easily transferable to reservoirs in many parts of the world. In turn, the information will allow the entire industry to assess the costs and effectiveness of this and other processes for sequestration. If sequestration of C02 is assigned an economic value - either through emissions trading or other market-based mechanisms - additional marginally economic pools can be developed to take advantage of the combined revenue streams of the sequestered C02 and the recovered oil. It has been estimated that, on a full life-cycle basis, the oil produced at Weyburn by C02 EOR will release only two-thirds as much carbon dioxide to the atmosphere compared to oil produced conventionally. This level of performance makes sequestration through EOR very attractive for meeting the targets set by many national governments for the reduction/limitation of greenhouse-gas emissions. Project
Sponsorship Financial support from Canadian public sources is being requested. Private companies and other governments and public institutions are also being approached for sponsorship. Through PanCanadian Resources' own initiative, commitments to financially and materially support the initial phase of a remote sensing study have already been secured from an international group of 23 companies and organizations. Research
Plan Proposed
Project Organization The PTRC will act as the coordinator for research on the Weyburn C02 Monitoring Project due to its mandate as a research and development organization, and its ability to collaborate with a number of research facilities. Led by the PTRC, a team of the best international researchers will be coordinated for each element of the project. Project
Timelines Conclusion | |||||||
| For further
information please contact: |
Roland Moberg, PTRC phone: (306) 787-8290 fax: (306) 787-8811 roland.moberg@sk.sympatico.ca http://www.ptrc.ca | ||||||||
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