P. Tontiwachwuthikul et al., CARBON-DIOXIDE PRODUCTION FROM COAL-FIRED POWER-PLANTS FOR ENHANCED OIL-RECOVERY - A FEASIBILITY STUDY IN WESTERN CANADA, Energy, 21(10), 1996, pp. 857-869
In order to sustain the current production capacity of conventional oi
l in Western Canada, enhanced oil recovery (EOR) technologies must be
increasingly applied. Among these, CO2 flooding is a highly attractive
alternative. A large amount of CO2 is being produced by coal-fired po
wer plants in this region. The CO2 is currently discharged into the at
mosphere and could be a major contributor to the greenhouse effect, wh
ich may lead to global warming. Thus, the concept of capturing CO2 and
utilizing it as a flooding agent in EOR processes is currently genera
ting much interest among oil, utility and coal companies. We demonstra
te how cogeneration concepts, together with process-optimization strat
egies, help to reduce the CO2-production cost by utilizing low-pressur
e steam and waste heat from various sections of the power-generation p
rocess. Based on these concepts and strategies, results from this stud
y show that the recovery cost of CO2 from a coal-fired power plant may
range between $0.50 and 2.00/mscf. If the cost is approximately $1.25
/mscf, the production cost of a barrel of incremental oil would be les
s than $18. Therefore, even at today's modest oil prices, there is roo
m for profit to be made operating a CO2 flood with flue-gas-extracted
CO2. The technical and economical feasibility of the concepts are eval
uated and the practical implications for the Saskatchewan resources ar
e discussed. Copyright (C) 1996 Elsevier Science Ltd.