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How Chemical EOR Can Contribute to Reduce Carbon Footprint While Ensuring Stable and Affordable Energy Supplies?
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, Second EAGE Workshop on EOR in Latin America, Oct 2022, Volume 2022, p.1 - 4
Abstract
Summary
Today the oil and gas sector faces a challenge to respond to the call for a transition to clean energy, Net Zero, whilst continuing to produce hydrocarbons to meet demand. Our global economy has a continued and growing dependence on hydrocarbons for existing energy systems and as a key feedstock for many of the products that we all use in everyday life. There is therefore the challenge: how to transition to a Net Zero energy system by 2050 while ensuring stable and affordable energy supplies, providing universal energy access, and enabling robust economic growth. Applying polymer EOR produced water volumes can be reduced significantly with associated reductions the energy associated with treatment and disposal.
The use of EOR polymers enable a reduction of CO2 emissions by around 50 to 70%. With produced water also being reduced by between 70% to 85%. Oil recovery is also accelerated by several years at a cost ranging between $3 and $6 making polymer flooding very attractive to both support operational.
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