Page added on November 6, 2015
Saudi Arabia’s first carbon capture and storage pilot project, located at its Ghawar oilfield, may boost oil recovery rates by 20 percentage points, oil minister Ali al-Naimi said.
Carbon storage schemes are being promoted around the world as a way to slow global warming by preventing the release of carbon dioxide into the atmosphere. But big oil producers such as Saudi Arabia are also keen to develop the schemes as a way to extend the life of oilfields.
By injecting carbon dioxide into depleted oil fields rather than more precious resources such as water, they can increase pressure in the fields and maximise yields, although the technology is still expensive.
Ghawar, which has been pumping since 1951, produces over 5 million barrels per day, almost half Saudi Arabia’s oil output.
The carbon project, developed by national oil firm Saudi Aramco, started operating this year – 40 million cubic feet per day of carbon dioxide will be captured at the Hawiyah gas recovery plant and then piped 85 km (53 miles) to the Uthmaniyah area.
At Uthmaniyah, it will be injected into flooded oil reservoirs under high pressure to enhance oil recovery, storing an estimated 800,000 tonnes of carbon dioxide every year. Aramco has previously used water injection at the field.
“This pilot will show us whether we can take the Ghawar field from 50 percent (oil) recovery to 70 percent recovery plus or minus,” Naimi told a news conference in Riyadh on Wednesday.
The field has estimated remaining proven oil reserves of 75 billion barrels, according to the U.S. Department of Energy. Currently, Saudi oilfields have recovery rates of about 50 percent of their contents, but some fields have reached almost 70 percent through water injection, Naimi added.
“It is hoped that this pilot project can demonstrate that it is possible to increase oil recovery at commercially sustainable costs,” said Sadad al-Husseini, a former top executive at Saudi Aramco.
There are currently 15 carbon capture and storage projects in operation worldwide, according to a report by Global CCS Institute released on Thursday.
2 Comments on "Saudi carbon storage project may boost recovery rates"
BobInget on Sat, 7th Nov 2015 12:08 pm
Mexico’s Cantarell oil field posts record low oil production
Nov 06,2015
MEXICO CITY, Nov. 5 (Xinhua) — The Cantarell oil field — an aging supergiant oil field in Mexico — saw its lowest production in over 30 years with an output of 206,000 barrels per day in October, said PEMEX Exploration and Production (PEP) on Thursday.
In its latest weekly report, Pemex said that Cantarell was producing 256,000 bpd at the beginning of 2015, its lowest level since 2004, sparking fears that Mexico’s most productive field was running out of oil.
In its most splendid days, Cantarell would produce a record 2.2 million bpd in 2003.
peakyeast on Sun, 8th Nov 2015 9:37 am
So when the (Cantarell)field reaches an output decline of 90% – THEN they get worried that it might be running out of oil…
The previous ~80% was entirely voluntary and was part of a planned reduction because Mexico really didnt need the income, but was saving it for a “rainy day”.