EOR Economic Analysis - Midwestern Governors Association

More documents

Recommendations

Info

Sourcing of CO2 technically feasible, but potentially at higher cost East Canton: EOR Potential: 150 mil bbl Net CO2 Demand: 75 - 120 MMT CO2 East Canton Pipeline 1: 350 mi Pipeline Volume Source Emissions (MMT CO2) Ethanol 1.7 Mountaineer Ammonia Production 0.9 Hydrogen production 0.1 TOTAL 2.7 Source: OHDNR, EPA, RFA, CCI 52 CO2-EOR Potential in MGA Region – February 2012
State economy would benefit from additional jobs • Commercial CO2-EOR development in Ohio could add to job creation within the state – EOR could directly support 1,550 – 3,100 new jobs* – Indirect employment could add another 4,600 – 9,200 jobs* in support industries – The number of jobs would be higher during the initial investment stage • Income taxes from these jobs would create an added state revenue stream * Note: Estimates based on 15 - 30 year production and Wood Mackenzie job multipliers data 53 CO2-EOR Potential in MGA Region – February 2012
Page 1 and 2: CO2-EOR POTENTIAL IN THE MGA REGION
Page 3 and 4: EXECUTIVE SUMMARY 3 CO2-EOR Potenti
Page 5 and 6: CO2-EOR could be commercially viabl
Page 7 and 8: Ohio’s large resource potential c
Page 9 and 10: APPROACH & ASSUMPTIONS 9 CO2-EOR Po
Page 11 and 12: Reference case assumes US EIA 2011
Page 13 and 14: Midwest is rich in ethanol based CO
Page 15 and 16: Initial capital costs are significa
Page 17 and 18: Pipeline costs are a small componen
Page 19 and 20: Summary • MGA region has large oi
Page 21 and 22: Thousand Barrels per Day Regional c
Page 23 and 24: …with an abundance of stationary
Page 25 and 26: Oil and gas basins were screened fo
Page 27 and 28: MICHIGAN 27 CO2-EOR Potential in MG
Page 29 and 30: Michigan state overview CO2 Emissio
Page 31 and 32: The area is attractive for CO2-EOR
Page 33 and 34: Eastern Leg: Kalkaska & Otsego Coun
Page 35 and 36: State could benefit through additio
Page 37 and 38: Next Steps • Given relatively sma
Page 39 and 40: Illinois/Indiana area is likely to
Page 41 and 42: Illinois, Indiana and Iowa have an
Page 43 and 44: Representative field economics sugg
Page 45 and 46: Smaller fields could benefit from d
Page 47 and 48: Next Steps • Utilize data from sm
Page 49 and 50: Ohio’s large resource potential c
Page 51: East Canton economics suggest great
Page 55 and 56: KANSAS 55 CO2-EOR Potential in MGA
Page 57 and 58: Kansas state overview CO2 Emissions
Page 59 and 60: State has access to high volume of
Page 61 and 62: Our financial modeling suggests pos
Page 63 and 64: Next Steps • More characterizatio
Page 65 and 66: Abbreviations, acronyms and units o
Page 67 and 68: Abbreviations, acronyms and units o
Page 69: 69 CO2-EOR Potential in MGA Region

EOR Economic Analysis - Midwestern Governors Association

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?