This task conducts research to characterize or evaluate the economics of developing technologies or markets in geologic resources. Such research can analyze the relative risks, costs, and benefits from the utilization and not just the extraction of underground resource. Economic analysis builds upon the geologic resource assessment work by other tasks in the Utilization of Carbon and other Energy Gases – Geologic Research and Assessments project.
U.S. Saline Formation Carbon Dioxide Injection and Storage Estimates
U.S. Saline Formation Carbon Dioxide Injection and Storage Estimates
Estimating the pressure-limited CO2 injection and storage capacity of the United States saline formations: Effect of the presence of hydrocarbon reservoirs: International Journal of Greenhouse Gas Control, v. 79, p. 14-24.
Economics, Helium, and the U.S. Federal Helium Reserve
Economics, Helium, and the U.S. Federal Helium Reserve
Economics, Helium, and the U.S. Federal Helium Reserve: Summary and Outlook: Natural Resources Research, Oct. 2018, Vol. 27, Issue 4, pp. 455-477.
The objectives of this task are to conduct relevant research needed to:
- Develop pressure-limited dynamic models for regional CO2 storage assessments and economic evaluations
- Characterize and compare the full costs of supply of anthropogenic CO2 to EOR projects to full costs of the development and delivery of new sources of natural CO2
- Work with the geologic energy storage task in the development of characterization and screening criteria so results of proposed assessment is amenable to economic analysis
- Evaluate the economic limitations; relative risks, costs, and benefits; and other issues with current and potential methods and technologies for developing and utilizing reservoir thermal energy storage (RTES) resources
- Modify and update existing models to be able to contribute economic analyses of potential development of coal mine methane and abandoned mine methane production projects
Below are other science projects associated with this project.
Utilization of Carbon and other Energy Gases - Geologic Research and Assessments
Carbon Dioxide (CO2) is utilized by industry to enhance oil recovery. Subsurface CO2 storage could significantly impact reduction of CO2 emissions to the atmosphere, but the economics and potential risks associated with the practice must be understood before implementing extensive programs or regulations. Utilization of other energy-related gases such as helium (He), if separated and concentrated...
Geologic Energy Storage
The United States (U.S.) domestic energy supply increasingly relies on natural gas and renewable sources; however, their efficient use is limited by supply and demand constraints. For example, a) in summer, natural gas production may outpace home heating fuel demand and b) in daytime, wind and solar electricity production may outpace industrial power requirements. Storing rather than dumping...
Economics, Energy Resources, and Future Energy Supply
The members of this project have prepared a number of analyses that constitute the economic components of energy resource assessments. They have also proposed enhancements to geologic assessment data and methods that make results of assessments immediately amenable to economic analysis. In addition, they apply theoretically sound valuation methodologies to assess the commercial value of currently...
Assessing Emissions from Active and Abandoned Coal Mines
The gas emission zone liberates and accumulates significant amounts of coal mine methane as a by-product of active mining. In most active mines, coal mine methane is controlled by wellbores, called gob gas ventholes. Despite the presence of these wellbores, it is not possible to capture all of the methane generated within the gas emission zone. As a consequence, a large amount of gas migrates into...
Induced Seismicity Associated with Carbon Dioxide Geologic Storage
As a national science agency, the USGS is responsible for assessing hazards from earthquakes throughout the United States. The USGS studies induced seismicity across the spectrum of energy issues: carbon sequestration, geothermal energy, and conventional and unconventional oil and gas. In the central and eastern United States, earthquakes induced by fluid injection activities contribute...
Geologic Carbon Dioxide and Energy-related Storage, Gas Resources, and Utilization
The objectives of this task are to conduct relevant research needed to 1) evaluate helium (He) and CO2 resources; 2) support future assessments of low-thermal gases and better understand their resources and potential for use as analogues for anthropogenic CO2 storage; 3) study the feasibility of large-scale CO2 mineralization in the United States; 4) develop pressure-limited dynamic models for...
Methodology Development and Assessment of National Carbon Dioxide Enhanced Oil Recovery and Associated Carbon Dioxide Storage Potential
The objective of this research task is to conduct a national assessment of recoverable oil related to CO2 injection. The amount of CO2 stored (utilized) during the hydrocarbon recovery process will also be evaluated.
- Overview
This task conducts research to characterize or evaluate the economics of developing technologies or markets in geologic resources. Such research can analyze the relative risks, costs, and benefits from the utilization and not just the extraction of underground resource. Economic analysis builds upon the geologic resource assessment work by other tasks in the Utilization of Carbon and other Energy Gases – Geologic Research and Assessments project.
U.S. Saline Formation Carbon Dioxide Injection and Storage Estimates
Estimating the pressure-limited CO2 injection and storage capacity of the United States saline formations: Effect of the presence of hydrocarbon reservoirs: International Journal of Greenhouse Gas Control, v. 79, p. 14-24.
Economics, Helium, and the U.S. Federal Helium Reserve
Economics, Helium, and the U.S. Federal Helium Reserve: Summary and Outlook: Natural Resources Research, Oct. 2018, Vol. 27, Issue 4, pp. 455-477.
The objectives of this task are to conduct relevant research needed to:
- Develop pressure-limited dynamic models for regional CO2 storage assessments and economic evaluations
- Characterize and compare the full costs of supply of anthropogenic CO2 to EOR projects to full costs of the development and delivery of new sources of natural CO2
- Work with the geologic energy storage task in the development of characterization and screening criteria so results of proposed assessment is amenable to economic analysis
- Evaluate the economic limitations; relative risks, costs, and benefits; and other issues with current and potential methods and technologies for developing and utilizing reservoir thermal energy storage (RTES) resources
- Modify and update existing models to be able to contribute economic analyses of potential development of coal mine methane and abandoned mine methane production projects
- Science
Below are other science projects associated with this project.
Utilization of Carbon and other Energy Gases - Geologic Research and Assessments
Carbon Dioxide (CO2) is utilized by industry to enhance oil recovery. Subsurface CO2 storage could significantly impact reduction of CO2 emissions to the atmosphere, but the economics and potential risks associated with the practice must be understood before implementing extensive programs or regulations. Utilization of other energy-related gases such as helium (He), if separated and concentrated...Geologic Energy Storage
The United States (U.S.) domestic energy supply increasingly relies on natural gas and renewable sources; however, their efficient use is limited by supply and demand constraints. For example, a) in summer, natural gas production may outpace home heating fuel demand and b) in daytime, wind and solar electricity production may outpace industrial power requirements. Storing rather than dumping...Economics, Energy Resources, and Future Energy Supply
The members of this project have prepared a number of analyses that constitute the economic components of energy resource assessments. They have also proposed enhancements to geologic assessment data and methods that make results of assessments immediately amenable to economic analysis. In addition, they apply theoretically sound valuation methodologies to assess the commercial value of currently...Assessing Emissions from Active and Abandoned Coal Mines
The gas emission zone liberates and accumulates significant amounts of coal mine methane as a by-product of active mining. In most active mines, coal mine methane is controlled by wellbores, called gob gas ventholes. Despite the presence of these wellbores, it is not possible to capture all of the methane generated within the gas emission zone. As a consequence, a large amount of gas migrates into...Induced Seismicity Associated with Carbon Dioxide Geologic Storage
As a national science agency, the USGS is responsible for assessing hazards from earthquakes throughout the United States. The USGS studies induced seismicity across the spectrum of energy issues: carbon sequestration, geothermal energy, and conventional and unconventional oil and gas. In the central and eastern United States, earthquakes induced by fluid injection activities contribute...Geologic Carbon Dioxide and Energy-related Storage, Gas Resources, and Utilization
The objectives of this task are to conduct relevant research needed to 1) evaluate helium (He) and CO2 resources; 2) support future assessments of low-thermal gases and better understand their resources and potential for use as analogues for anthropogenic CO2 storage; 3) study the feasibility of large-scale CO2 mineralization in the United States; 4) develop pressure-limited dynamic models for...Methodology Development and Assessment of National Carbon Dioxide Enhanced Oil Recovery and Associated Carbon Dioxide Storage Potential
The objective of this research task is to conduct a national assessment of recoverable oil related to CO2 injection. The amount of CO2 stored (utilized) during the hydrocarbon recovery process will also be evaluated. - Multimedia
- Publications