[Eoas-seminar] Reminder: Geology Seminar - Friday December 8, 1:30pm, 353LOV

eoas-seminar at lists.fsu.edu eoas-seminar at lists.fsu.edu
Fri Dec 8 08:47:38 EST 2017


Dear All, Please note that the geology seminar will be given in LOV 353 (not Carraway 104). The time is still 1:30pm today. Sorry about this change. -Ming

Professor Zhenxue Dai from the Jilin University, China, will give a seminar this Friday. Below is the seminar information, and a flyer is attached. Should you have any questions, please feel free to let me know. Thanks.

Seminar title: A Multiscale Approach for Modeling CO2 Enhanced Oil Recovery and Risk Analysis

When and Where: LOV 353, 1:30pm, Friday, 12/8/2017
Abstract:
Using CO2 in enhanced oil recovery (CO2-EOR) is a promising technology for emissions management because CO2-EOR can dramatically reduce sequestration costs in the absence of emissions policies that include incentives for carbon capture and storage. This study develops a multiscale statistical framework to perform CO2 accounting and risk analysis in an EOR environment. A set of geostatistical-based Monte Carlo simulations of CO2–oil/gas–water flow and transport in the Morrow formation are conducted for global sensitivity and statistical analysis of the major risk metrics: CO2/water injection/production rates, cumulative net CO2 storage, cumulative oil/gas productions, and CO2 breakthrough time. The median and confidence intervals are estimated for quantifying uncertainty ranges of the risk metrics. A response-surface-based economic model has been derived to calculate the CO2-EOR profitability with a current oil price, which suggests that approximately 31% of the 1000 realizations can be profitable. If government carbon-tax credits are available, or the oil price goes up or CO2 capture and operating expenses reduce, more realizations would be profitable. The results from this study provide valuable insights for understanding CO2 storage potential and the corresponding environmental and economic risks of commercial-scale CO2-sequestration in the potential EOR sites.

--

Ming Ye, Ph.D.

Professor in Hydrogeology

Department of Earth, Ocean, and Atmospheric Science

303 Carraway Building

Department of Scientific Computing

489 Dirac Science Library

Florida State University

Tallahassee, FL 32306

Phone: 850-644-4587 Fax: 850-644-0098

Cell: 850-567-4488

Email: mye at fsu.edu<mailto:mye at fsu.edu>

http://earth.eoas.fsu.edu/~mye/<http://earth.eoas.fsu.edu/%7Emye/>
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