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Explore the dual benefits of CO₂ Enhanced Oil Recovery (EOR) in the Permian Basin through this comprehensive lecture examining both environmental and economic perspectives. Learn how CO₂ injection strategies in the San Andres Formation can serve as a pathway for long-term carbon storage while enhancing oil recovery operations. Analyze comparative environmental and economic outcomes of different injection approaches, understand the significant impact of 45Q tax credits on project viability, and examine the critical trade-offs between maximizing oil production and achieving meaningful emissions reductions. Gain insights into how CO₂-EOR technology can contribute to both energy production and climate mitigation goals in West Texas oil fields, with practical applications for understanding the intersection of petroleum engineering, environmental policy, and carbon management strategies.
