The economic and environmental impact of an integrated CO2-EOR project in the Buzzard field in the North Sea is investigated through a life cycle analysis, a standard economic analysis and a more advanced geo-economic simulation. Results show the benefits of combining EOR with CO2 storage. However, the current economic environment provides insufficient long-term outlooks to justify the investment.
Opportunities for a CO2-enhanced oil recovery project in the North Sea: Analysis of profitability and environmental impact
Moretti M.Methodology
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2018-01-01
Abstract
The economic and environmental impact of an integrated CO2-EOR project in the Buzzard field in the North Sea is investigated through a life cycle analysis, a standard economic analysis and a more advanced geo-economic simulation. Results show the benefits of combining EOR with CO2 storage. However, the current economic environment provides insufficient long-term outlooks to justify the investment.File in questo prodotto:
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