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International Journal of New Developments in Engineering and Society, 2024, 8(4); doi: 10.25236/IJNDES.2024.080403.

Analysis of the Long-term Benefits and Drawbacks of Carbon Dioxide EOR in Offshore Oilfields

Author(s)

Wenzhao Qiu

Corresponding Author:
Wenzhao Qiu
Affiliation(s)

School of Engineering, China University of Petroleum-Beijing at Karamay, Karamay, 834000, China

Abstract

This article examines the benefits and drawbacks of using carbon dioxide for enhanced oil recovery (EOR) in offshore oil fields. The process of injecting carbon dioxide into subterranean oil reservoirs not only increases crude oil production but also reduces carbon emissions and cuts extraction costs, thereby playing a crucial role in promoting the sustainable development of the petroleum industry. However, the method is not without its challenges, including the potential for environmental harm to marine life and aquatic ecosystems, as well as significant economic expenditures and the risk of carbon dioxide leakage. To optimize the benefits of this technology, the article recommends a range of measures, such as enhancing the recycling and utilization of carbon dioxide, developing robust safety and monitoring technologies, increasing financial investment, and seeking government support. Through the collaborative efforts of all stakeholders, the full potential of this technology can be harnessed to achieve a critical balance between profitable oil recovery and the priority of environmental stewardship.

Keywords

Carbon Dioxide Oil Recovery, Benefits, Drawbacks, Suggestions, Offshore Oil Fields

Cite This Paper

Wenzhao Qiu. Analysis of the Long-term Benefits and Drawbacks of Carbon Dioxide EOR in Offshore Oilfields. International Journal of New Developments in Engineering and Society (2024) Vol.8, Issue 4: 16-21. https://doi.org/10.25236/IJNDES.2024.080403.

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