Wednesday, May 20, 2009
5. Organize work sessions.
3. Screening criteria
2. Projects that could conceivably “see life” if the build out were to occur and revenues to the State from these projects.
- Refined Energy Holdings
- Sequestration/storage projects
1. Investigate and determine financial benefits to a built out CO2 pipeline infrastructure to the State of Wyoming
- Verifying barrels of oil remaining and presenting potential revenue in ranges based on remaining oil seems more beneficial - with 8 billion barrels remaining, revenue would be ..., with 12 billion barrels, revenue would be ..., etc.
- Base potential revenue on the FRCs (Field Reservoir Combinations) identified by screening and used in this pipeline proposal?
- 5% seems to be a conservative recovery using CO2. It would be beneficial to show Potential Revenue to the State by recovery: 5%, 10%, 20%. The EORI has historical data from CO2 floods in Wyoming, Permian Basin, etc., that will show recoveries much higher that 5% using CO2.
Post 05-19-2009 meeting in Casper, WY
Welcome
The EORI and the WPA have partnered to conduct a study of the technical and economic characteristics of a hypothetical and idealized CO2 infrastructure in Wyoming. This is essentially a 'what-if' study that seeks to determine what an idealized pipeline infrastructure might look like as well as what the economic benefit of such a pipeline might be to the state government.
An open public meeting was held in Casper, WY on May 19, 2009 where Brian Jeffries from the Wyoming Pipeline Authority and Brian Reyes from the EORI presented the preliminary work that has already been completed by the WPA and EORI. Their presentations can be found on the WPA and EORI web pages.
This blog was set up by the EORI in hopes of garnering feedback from the greater public and obvious stakeholders in order to refine their approach.