Monday, February 28, 2011

Australia, Wyoming, and Enhanced Oil Recovery -- Denbury

Before reading the rest of this post, you may want to review coal beneficiation, above-ground coal gassification, and below-ground gassification.

Although this story pertains to an event in Wyoming, it is relevant to the energy story in North Dakota.

An Australian company has bought three oil fields in Wyoming. These are old fields but may give up more oil with enhanced oil recovery (EOR), i.e., flooding the reservoirs with carbon dioxide.

Linc Energy Limited, an Australian firm has plans to conduct underground coal gassification in the Powder River Basin. Carbon dioxide is a byproduct of the gassification process and will be used for EOR in these Wyoming oil fields.

An American company most associated with EOR (at least in my mind) is Denbury. Denbury recently entered the Bakken in a big way by acquiring Encore.

Denbury Promotional Presentation on EOR

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