<?xml version='1.0' encoding='utf-8'?>
<oai_dc:dc xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:oai_dc="http://www.openarchives.org/OAI/2.0/oai_dc/" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.openarchives.org/OAI/2.0/oai_dc/ http://www.openarchives.org/OAI/2.0/oai_dc.xsd">
  <dc:contributor>A.P. Byrnes</dc:contributor>
  <dc:contributor>R.E. Pancake</dc:contributor>
  <dc:contributor>G.P. Willhite</dc:contributor>
  <dc:contributor>L.G. Schoeling</dc:contributor>
  <dc:creator>M.K. Dubois</dc:creator>
  <dc:date>2000</dc:date>
  <dc:description>&lt;p&gt;Carbon dioxide (CO&lt;sub&gt;2&lt;/sub&gt;) enhanced oil recovery (EOR) may be the key to recovering hundreds of millions of bbl of trapped oil from the mature fields in central Kansas. Preliminary economic analysis indicates that CO&lt;sub&gt;2&lt;/sub&gt; EOR should provide an internal rate of return (IRR) greater than 20%, before income tax, assuming oil sells for \$20/bbl, CO&lt;sub&gt;2&lt;/sub&gt; costs \$1/Mcf, and gross utilization is 10 Mcf of CO&lt;sub&gt;2&lt;/sub&gt;/bbl of oil recovered. If the CO&lt;sub&gt;2&lt;/sub&gt; cost is reduced to \$0.75/Mcf, an oil price of $17/bbl yields an IRR of 20%. Reservoir and economic modeling indicates that IRR is most sensitive to oil price and CO&lt;sub&gt;2&lt;/sub&gt; cost. A project requires a minimum recovery of 1,500 net bbl/acre (about 1 million net bbl/1-mile section) under a best-case scenario. Less important variables to the economics are capital costs and non-CO&lt;sub&gt;2&lt;/sub&gt; related lease operating expenses.&lt;/p&gt;</dc:description>
  <dc:format>application/pdf</dc:format>
  <dc:language>en</dc:language>
  <dc:publisher>PennWell Corporation</dc:publisher>
  <dc:title>Economics show CO2 EOR potential in central Kansas</dc:title>
  <dc:type>article</dc:type>
</oai_dc:dc>