KUER Local News
(2008-02-18)
LARAMIE, WYO
(wpr) -
Denver-based Rancher Energy Corporation has announced it will use carbon dioxide for enhanced oil recovery in the Powder River Basin. The CO2 will come from ExxonMobil.
Lon Whitman with the University of Wyoming's Enhanced Oil Recovery Institute says using CO2 in oil fields is still rare in this state, because there isn't very much of it.
But Whitman says coal-to-liquid fuel plants planned here could make more CO2 available for oil recovery.
"I think you will see both increased supply of CO2, along with development of pipelines that need it," Whitman says. "And the companies that want it - there's a good number."
Whitman says companies have long wanted to buy CO2 to revive old oil fields. As oil prices rise, that option has become more affordable.
© Copyright 2012, wpr
© 2009 KUER, 101 S. Wasatch Dr., SLC, UT 84112