Can we get some carbon credits and green dollars for this oil production? (only kidding, no subsidies please)
So funny whenever the enviros create a problem, technology usually comes along to solve it.
How long before Obama’s EPA shuts it down?
—CO2 injection in oil fields, being a proven technology, apparently doesn’t leak out like that “reservoir” in Canada referenced here last week, where the injection of millons of cubic feet of carbon dioxide has caused the streams to taste like stale pop-—
What the heck is a "carbon dioxide mine"?
Getting 35% of the original oil in place usually would make any operator thrilled right down to the ground. Most times the oil industry the recovery is LESS than 35%.
More than 65% of the original oil in reservoirs that have ever been produced is still there. A potential gold mine beneath our feet if we could ever figure out how to get it.
Some oil is what we call immovable, stuck to the sand or rock of the reservoir that it is in or trapped by very large capillary forces. Still, there is oil that may be recovered someday by someone.
I guess it would seem novel to youngsters that working oil wells were spread all around Houston. I remember seeing them pumping away along South Post Oak near the South Loop back in the early 1960’s.