Trapped Oil" sm
CO2 Flooding and Enhanced Oil Recovery Solutions
"Free Trapped Oil" sm
What is CO2 Flooding?
CO2 flooding is an "enhanced oil recovery" (EOR) technology wherein CO2 is injected into a known oil containing reservoir for recovering a large percentage of the "original oil in place" that was not recovered via primary recovery methods. During CO2 flooding the carbon dioxide and the remaining oil in the reservoir "mix" above a specific pressure known as the "minimum miscibility pressure" or MMP. At pressures equal to or above the minimum miscibility pressure, the carbon dioxide acts similarly to a "solvent" flooding the reservoir and leaving only a very small amount of residue behind. At pressures below the minimum miscibility pressure, the carbon dioxide increases oil production by "swelling" the oil thereby reducing its viscosity.
Flooding using CO2 (CO2-EOR) as the miscible gas for injection.
Diagram courtesy of DOE
Enhanced Oil Recovery:
Enhanced Oil Recovery is the "green" way to produce America's oil.
Enhanced Oil Recovery makes the U.S. energy independent by reducing
foreign oil imports from OPEC & the Middle East, Venezuela, Iran, China,
Russia and other unfriendly countries.
According to the Department of Energy, Enhanced Oil Recovery is a "game-changer" in that there are nearly 400 Billion Barrels of “Unrecoverable Oil”in the U.S. and that 60%, or 240 Billion barrels of oil, are recoverable through Enhanced Oil Recovery.
At $100/bbl, Enhanced Oil Recovery represents a $24 Trillion to $30 Trillion market opportunity for the U.S. and a significantly larger market in the rest of the world!
CO2 Flooding and
Recovery by EOR Technologies,
the technology-neutral EOR company
Maximum Oil Production at the Least Cost on a Technology-neutral Basis
We Free Trapped Oil sm with the optimum EOR "technology-neutral" solution. EOR Technologies' products, services and capabilities include:
Energy Investment Banking
Enhanced Oil Recovery
Upstream oil and gas acquisitions of mature or abandoned oil fields
There is only one "optimum" EOR solution per well/reservoir or mature oil field that will result in the maximum oil production at the least cost. That's our job, we identify and deploy that EOR solution to insure the maximum oil production for the least cost for our clients. Note: EOR Technologies may utilize EOR products and services provided in part or in whole by affiliated companies or partner companies. Call/email us today for an initial consultation to discuss your declining oil production problems.
Enhanced Oil Recovery revenues nearly
in just 4 years from $54.96 billion in 2007 to
$102.02 billion in 2011!
technologies lead all other
EOR Technologies with 43% market share.
American Energy Plan
hundreds and hundreds and hundreds of billions of dollars every year for
oil, much of it from the Middle East, is just about the single stupidest
thing that modern society could possibly do. It’s very difficult to
think of anything more idiotic than that.”
~ R. James Woolsey, Jr., former Director of the CIA
According to R. James Woolsey, for Director of the Central Intelligence Agency, “The basic insight is to realize that global warming, the geopolitics of oil, and warfare in the Persian Gulf are not separate problems — they are aspects of a single problem, the West’s dependence on oil.”
Follow us on Twitter:
#CO2flooding #CO2 #EnhancedOilRecovery #EOR #CO2EOR #Oil
All Rights Reserved