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Carbon Storage Newsletter

The Department of Energy (DOE), the Office of Fossil Energy (FE) and the National Energy Technology Laboratory (NETL) release December’s 2021 Carbon Storage Newsletter (CSN) and summarizes public and private sector carbon storage news from around the world.

The Carbon Storage Newsletter provides information on recent activities and publications related to carbon storage. It covers domestic, international, public sector and private sector news in areas such as: DOE/NETL Highlights, announcements, project and business developments, legislation and policy, emissions trading, science and publications.

Governor Mark Gordon has responded forcefully to Friday’s release of the Department of the Interior’s report on federal oil and gas leasing and permitting.

The Governor noted that this unnecessary review was used as an excuse for the Biden Administration’s illegal moratorium on oil and gas leasing on Federal lands.

Carbon Capture Nearing Market Readiness

Wyoming is one of a handful of states that already has an established industrial use for CO2.  Injecting CO2 into old oil wells to enhance oil production (CO2-EOR), and ultimately to sequester the CO2 left in the ground afterward, is already being implemented in Wyoming.

EORI’s Acting Director, Lon Whitman, states in an interview “People need financial support through tax credits or federal dollars for storing [CO2] to make these projects economic.” Currently, CO2-EOR is the only commercial sequestration industry that provides enough built-in profit to help offset the cost of upgrading the infrastructure needed to capture, transport, and store this greenhouse gas.

Read the entire article here.  

Wyoming State Geological Survey Research

“Wyoming is in a position to remain a major player on the national oil and gas stage for years to come.”

The WSGS says that “Despite a challenging year, there are reasons to be optimistic about Wyoming’s oil and gas industries. In addition to Wyoming’s extensive oil and gas reserves, prices are showing signs of recovering, preliminary data for the latter half of 2020 suggests production has stabilized at about 85 percent of pre-pandemic levels, and drill rigs have once again started operating in the state.”

The 2020 summary report is available as a free download from the WSGS website.

Click the graphic below to view a larger version.

Oil And Gas Production Wyoming

Carbon Storage

The Department of Energy (DOE), the Office of Fossil Energy (FE) and the National Energy Technology Laboratory (NETL) released November’s 2021 Carbon Storage Newsletter (CSN) and summarizes public and private sector carbon storage news from around the world.

The Carbon Storage Newsletter provides information on recent activities and publications related to carbon storage. It covers domestic, international, public sector and private sector news in areas such as: DOE/NETL Highlights, announcements, project and business developments, legislation and policy, emissions trading, science and publications.

The November Carbon Storage Newsletter can be found here.

Wyoming’s CO2-EOR Opportunities

An updated survey finds resiliency in CO2-EOR opportunities for Wyoming oil fields with plenty of room for industry growth.

In a recent interview, the Enhanced Oil Recovery Institute’s Acting Director, Lon Whitman, highlights Wyoming’s success with CO2-EOR technologies that help reduce CO2 atmospheric emissions while effectively increasing oil production for the state.  According to Whitman, CO2-EOR is highly effective, but building the infrastructure to support it is expensive.

Finley Presents at USEA’s and CONSENSUS Webinar

EORI’s Senior Geologist, Graeme Finley, will co-present the study results of “Increasing CO2 Storage Options with Injection of CO2 in US Shales” at the United States Energy Association’s (USEA) CONSENSUS webinar.

Follow this link for more details.

Register for the webinar here.

EPA Methane Regulations Creates Industry Uncertainty

Governor Mark Gordon has issued a statement in response to the Biden Administration's announcement that it would be enacting new methane regulations for the oil and gas industries through the Environmental Protection Agency (EPA).

Governor Gordon says, "EPA's latest announcement to regulate methane for new infrastructure and existing facilities adds yet another level of uncertainty to the operations of Wyoming’s oil and gas industry. This is happening just as our industry moves onto more solid footing, with increasing rig counts and the return of jobs in this sector.