Report: U.S. Can Curb Carbon Emissions While Boosting Domestic Oil Production

A report from the Massachusetts Institute of Technology and The University of Texas at Austin urges the United States to accelerate efforts to pursue carbon capture and storage in combination with enhanced oil recovery, a practice that could increase domestic oil production while significantly curbing emissions of carbon dioxide.

For decades the oil industry has used CO2 to extract oil from mature fields, often relying on purchased CO2 from natural sources. The idea of seeking CO2 from industrial sources, such as coal- and natural gas-fired electricity plants, has gained currency because of public concerns about carbon dioxide emissions.
Widespread adoption of combining enhanced oil recovery with carbon capture and storage faces major hurdles, including development of infrastructure, regulation and economic incentives to manage supply and demand of CO2.
The report, "Role of Enhanced Oil Recovery in Accelerating the Deployment of Carbon Capture and Sequestration," the result of a symposium conducted by the MIT Energy Initiative and the Bureau of Economic Geology at The University of Texas at Austin, contends the United States can overcome these obstacles with sustained research and policy leadership.
According to the report, the potential for storage of carbon emissions through enhanced oil recovery is vast. Scientists believe the principal zones for combining EOR and CCS could accommodate 3,500 gigawatt-years-equivalent of CO2 from coal power plants. This represents about 15 years of current total output of CO2 from U.S. coal plants. Recent research suggests the potential for even greater capacity in the Permian Basin of West Texas.
As a tool for enhanced oil recovery, CO2 injected underground could boost domestic oil production by as much as three million barrels a day by 2030, according to one estimate, an increase of more than 50 percent over current levels. Such a boost to U.S. energy security would simultaneously help reduce the country's carbon footprint.
In a summary for policymakers, Ernest J. Moniz, director of the MIT Energy Initiative, and Scott W. Tinker, director of the Bureau of Economic Geology, make the case for an organized national CO2-EOR program using anthropogenic CO2 to "kick-start larger-scale carbon sequestration in the U.S. and meet sequestration needs for a significant period if CO2 emissions pricing is introduced."
Use of anthropogenic CO2 for EOR has the potential, write the co-authors, to contribute to domestic energy production while accommodating national carbon sequestration needs "for at least a couple of decades, quite possibly more."
Given the rough equivalence between the amount of CO2 the energy industry needs for oil recovery and the amount produced by coal-fired electricity plants, the authors advocate "a serious look at scaling up CO2-EOR with government support."
Government support will be critical in part because of the complex factors that have to come together to facilitate EOR, including regulatory changes and development of a new pipeline system to get CO2 from industrial sources to oil-field sinks. First-mover CCS projects also face high financial hurdles requiring some form of financial incentives.
The authors strongly urge the Department of Energy to implement a comprehensive research and development program that:

• Supports ongoing research on the science and systems of CO2 storage as it relates to EOR.

• Provides a framework for the value propositions that will make CO2-EOR feasible for power plant, pipeline, and EOR operators and for the government.

• Puts forward principles for resolving regulatory issues.

• Maps out a phased implementation for CO2-EOR.

Download Center

  • Monitoring and Reporting on Air Emissions for Regulators and the Real World

    When it comes to managing compliance and regulatory issues surrounding air emissions, there are no easy jobs. With interviews from practitioners from American Electric Power, Red Cedar Gathering, Trinity Consultants, and Cority, this eBook provides practical advice to advance your air emissions monitoring and reporting programs.

  • What Every EHS Professional Should Know About ESG

    Join experts from Arcadis and Cority on April 27th to learn the most common ESG reporting frameworks and how technology can help you improve reporting efficiency, identify areas for improvement, and create defensible audit trails.

  • Green Quadrant EHS Software 2021

    Read the new report by independent analyst firm, Verdantix, to get an unbiased comparison of the 22 most prominent EHS software vendors in the industry.

  • RFP Template for Waste Management Software

    Learn the essential questions to ask when evaluating waste management software solutions with this free, ready-to-use RFP template

  • 5 Keys to Best-in-Class Chemical Management

    Running a safe chemical program is challenging and complex: from knowing what's on-site to proper handling and disposal - all while navigating regulatory changes. Learn the best ways to mitigate chemical risk, get the most value out of your data, and gain buy-in for a chemical management solution.

Featured Webinar