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| Topic: |
Book Reports
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| Number of pages / Number of words: |
3 / 590 |
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The values of CO2 credits and OPEX of capture, compression, injection and transportation are very small resulting in NPV relatively less sensitive to changes in these variables.
As per the result from the simulation, there is about only 10% probability of obtaining zero or negative NPV and 10% probability of obtaining an NPV above US$ 22 million...
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As depicted in the above study, there is a high probability of economic feasibility of CO2 capture and storage using Enhanced oil recovery techniques. Huge investments are reported to have been done or are in pipeline, with favorable results, towards implementation of various enhanced oil recovery 15 major ageing oilfields, including the giant Mumbai High Field in western offshore (ONGC 2004)...
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