000 01953nab a2200169 4500
005 20260520001747.0
008 260224s2009 xxu
245 0 0 _aCO2 sequestration through enhanced oil recovery in a mature oil field
260 _a
_b
_cabril. 2009
270 _a2009-05-11 ; 2009-05-11
300 _a10 p. ; 129-138
520 _aResumen publicado por el autor: Recent advances in enhanced oil recovery (EOR) technology create new opportunities for CO 2 sequestration. This paper proposes a technical–economic model for underground storage of CO 2 emitted by a fertilizer industry in the Northeast of Brazil, in a hypothetical mature oil reservoir through EOR operation. Simulations based on mass, energy and entropy balances, as well as economic analysis, were assessed for the process of CO 2 sequestration combined with EOR. This model takes into account the energy requirements for the whole CO 2 sequestration process, as well as the emissions inherent to the process. Additionally, a breakdown cost methodology is proposed to estimate the main financial determinants of the integrated EOR with CO 2 sequestration (costs of CO 2 purchase, compression, transportation and storage). Project evaluation is derived from a cash flow model, regarding reservoir production profile, price and costs, capital expenditures (CAPEX), operating expenditures (OPEX), carbon credits, depreciation time, fiscal assumptions etc. A sensitivity analysis study is carried out to identify the most critical variables. Project feasibility, as expected, is found to be very sensitive to oil price, oil production, and CAPEX. Moreover, there is the contribution from the mitigation of the greenhouse gas (GHG) by storing a significant amount of CO 2 in the reservoir where it can remain for thousands of years
581 _a3-4
773 0 _tJournal of Petroleum Science & Engineering
_g65
942 _cARTICULO
999 _c169717
_d169717