Sentences with phrase «says enhanced oil recovery»

Not exact matches

Phillips said, though, that enhanced oil recovery has an «incremental» effect on global emissions and that its main effect is displacing oil from elsewhere.

It is possible that some of the captured CO2 could be used for enhanced oil recovery, he said, since CO2 grabs a price in that process because of its value in pumping out more crude.

«My advice would be to go into big companies that are forward looking... companies that might be doing oil and gas now, but have got an idea about enhanced oil recovery or CCS in the future,» he says.

Additionally, Hill said, much of the potential for carbon capture and sequestration involves a process not considered by the study — enhanced oil recovery.

Some estimates say there is enough capacity with enhanced oil recovery to store about a sixth of the U.S. annual total output of carbon dioxide (ClimateWire, July 13, 2011).

McCarthy continued to say that pipelines are being built to accommodate for CO2 transport for enhanced oil recovery (EOR), a process of pushing carbon dioxide in depleted oil wells to squeeze out any remaining petroleum.

Countries often have the option of reducing their rate of decline by adding production in areas which are more expensive to drill (say deeper, smaller locations offshore Norway) or by using enhanced oil recovery methods.

Marshall said as things stand, 51 percent of all oil production in the state is through «tertiary» mechanisms, or enhanced recovery methods targeted in the proposed ban as opposed to conventional forms of extraction.