The Future Economic Contribution of Wyoming's CO2-EOR Potential

After several decades of decline Wyoming’s oil production is now turning higher thanks to higher oil prices, the development of condensates, and investments in tertiary methods such as CO2 Enhanced Oil Recovery (CO2-EOR). The present work brings together two prior pieces of research by integrating the economic impact model of Cook (2013a) with the scoping estimates of Wyoming’s CO2-EOR potential found in Cook (2013b). The hope is that discussing the potential economic contribution of CO2-EOR will help inform industry participants and policy makers for the further development of CO2 infrastructure in the state.