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CO2 for Enhanced Hydrocarbon Recovery: Demand and Profitability in Different Geological Prototypes at Varying Oil Prices.
11:00 AM - 1:00 PM
2nd Floor Tower Centre
115 - 9th Avenue SE
PTAC Petroleum Technology Alliance Canada invite you to attend an information session to discuss an innovative approach for enhanced hydrocarbon recovery
PTAC CO2 Committee is hosting a Technology Information Session (TIS) to attract both participants and proponents to conduct and participate in a study. The TIS will kickoff the project and a Steering Committee is expected to be formed following the TIS in late March.
Project ScopeDivide potential projects into different recovery mechanisms (i.e., light oil miscible, pseudo miscible, and immiscible; heavy oil pseudo miscible, CO2/solvent, and immiscible; oil sands immiscible; CBM, etc.) Divide all reservoirs into different geological prototypes. Establish production forecast prototype for each geological prototype recovery mechanism. Conduct EHR economic evaluation for each prototype mechanism. Build CO2 cost for each major project based on the proximity of the project to the CO2 source and conduct economic evaluation. Build an analysis model that would have the reservoir characteristics and CO2 source/cost information as an input and allow and the incremental recovery and economic analysis as an output.
This could be released to the proponents/funders or could be released to the public.
- Project scope is subject to review and revision by the Steering Committee
(Noon on Mar 15)
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