American Association for the Advancement of Science (AAAS) Annual Meeting, 13-16 February 2020, Seattle WA.
Steven T Anderson
Steven Anderson is an Economist with the USGS Geology, Energy, and Minerals (GEM) Science Center in Reston, VA.
Science and Products
Date published: December 11, 2018
Status: Active 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...
Contacts: Steven T Anderson, Philip A Freeman
Date published: November 16, 2018
Status: Active Economics of Global Marginal Hydrocarbon and Non-traditional Resources
During the last decade many producing countries have reassigned conventional oil and gas development rights to their national oil companies (NOCs). In fact the 13 largest energy companies, when measured by oil and gas reserves, are controlled by sovereign governments. The result is that the NOC’s will control a significant share of future oil and gas production. The international oil companies...
Contacts: Steven T Anderson, Philip A Freeman
Date published: November 16, 2018
Status: Active Economics of U.S. Oil and Gas Resources
The U.S. Geological Survey prepares geologic assessments of undiscovered and undeveloped (identified) oil and gas resources (see National Oil and Gas Assessment website). In addition to our USGS oil and gas geologic assessments, economic research gives policymakers and analysts in the private sector additional information by scaling economic variables. Economic attributes must include the...
Contacts: Steven T Anderson, Philip A Freeman
Year Published: 2020
Estimating the net costs of brine production and disposal to expand pressure-limited dynamic capacity for basin-scale CO2 storage in a saline formation
If carbon capture and storage (CCS) needs to be deployed at basin- or larger-scale, it is likely that multiple sites will be injecting carbon dioxide (CO2) into the same geologic formation. This could lead to excessive pressure buildup, overlapping induced pressure fronts, and pressure interference with neighboring uses of the subsurface....
Anderson, Steven T.; Jahediesfanjani, Hossein
Year Published: 2019
Estimating market conditions for potential entry of new sources of anthropogenic CO2 for EOR in the Permian Basin
This study attempts to determine feasible carbon dioxide (CO2) price thresholds for entry of new sources of anthropogenic (man-made) CO2 for utilization in enhanced oil recovery (EOR) in the Permian Basin. Much of the discussion about carbon capture, utilization, and storage (CCUS) has focused on the high costs of carbon capture as the major...
Anderson, Steven T.; Cahan, Steven
Year Published: 2019
Improving pressure-limited CO2 storage capacity in saline formations by means of brine extraction
The carbon dioxide (CO2) storage capacity of saline formations may be constrained by reservoir pressure limitations. Brine extraction could be necessary to increase the CO2 storage capacity of a given formation, manage the extent of the underground CO2 plume and induced pressure front, and control the migration direction. To estimate the...
Jahediesfanjani, Hossein; Anderson, Steven T.; Warwick, Peter D.
Year Published: 2019
Estimating the pressure-limited dynamic capacity and costs of basin-scale CO2 storage in a Saline Formation
Deployment of carbon capture and storage (CCS) could be necessary to be able to satisfy baseload electricity demand, maintain diversity in the energy mix, and achieve mitigation of carbon dioxide (CO2) emissions at lowest cost (IPCC, 2015; U.S. DOE, 2016). If basin-, regional- or national-scale deployment of CCS is needed, it may be possible...
Anderson, Steven T.; Jahediesfanjani, Hossein
Year Published: 2019
Carbon dioxide mineralization feasibility in the United States
Geologic carbon dioxide (CO2) storage is one of many methods for stabilizing the increasing concentration of CO2 in the Earth’s atmosphere. The injection of CO2 in deep subsurface sedimentary reservoirs is the most commonly discussed method; however, the potential for CO2 leakage can create long-term stability concerns. This report discusses the...
Blondes, Madalyn S.; Merrill, Matthew D.; Anderson, Steven T.; DeVera, Christina A.View Citation
Blondes, M.S., Merrill, M.D., Anderson, S.T., and DeVera, C.A., 2019, Carbon dioxide mineralization feasibility in the United States: U.S. Geological Survey Scientific Investigations Report 2018–5079, 29 p., https://doi.org/10.3133/sir20185079.
Year Published: 2018
Estimating the potential costs of brine production to expand the pressure-limited CO2 storage capacity of the Mount Simon Sandstone
The conventional wisdom is that widespread deployment of carbon capture and storage (CCS) is likely necessary to be able to satisfy baseload electricity demand, to maintain diversity in the energy mix, and to achieve mitigation of carbon dioxide (CO2) emissions at lowest cost (IPCC, 2014). If national-scale deployment of CCS is needed in the...
Warwick, Peter D.; Anderson, Steven T.; Jahediesfanjani, Hossein
Year Published: 2018
Estimating the pressure-limited CO2 injection and storage capacity of the United States saline formations: Effect of the presence of hydrocarbon reservoirs
The U.S. Geological Survey (USGS) national assessment of carbon dioxide (CO2) storage capacity evaluated 192 saline Storage Assessment Units (SAUs) in 33 U.S. onshore sedimentary basins that may be utilized for CO2 storage (see USGS Circular 1386). Similar to many other available models, volumetric analysis was...
Jahediesfanjani, Hossein; Warwick, Peter D.; Anderson, Steven T.
Year Published: 2018
Economics, helium, and the U.S. Federal Helium Reserve: Summary and outlook
In 2017, disruptions in the global supply of helium reminded consumers, distributors, and policy makers that the global helium supply chain lacks flexibility, and that attempts to increase production from the U.S. Federal Helium Reserve (the FHR) may not be able to compensate for the loss of one of the few major producers in the world. Issues with...
Anderson, Steven T.Attribution: Central Energy Resources Science Center, Eastern Energy Resources Science Center, Energy Resources Program
View Citation
Anderson, S.T., 2018, Economics, Helium, and the U.S. Federal Helium Reserve: Summary and Outlook, Natural Resources Research, v. 27, no. 4, October, p. 455–477. https://doi.org/10.1007/s11053-017-9359-y
Year Published: 2017
3D Pressure‐limited approach to model and estimate CO2 injection and storage capacity: saline Mount Simon Formation
To estimate the carbon dioxide (CO2) injection and storage capacity of saline formations, we used Tough2‐ECO2N simulation software to develop a pressure‐limited (dynamic) simulation approach based on applying three‐dimensional (3D) numerical simulation only on the effective injection area (Aeff) surrounding each injection well. A statistical...
Jahediesfanjani, Hossein; Warwick, Peter D.; Anderson, Steven T.
Year Published: 2017
Case study - Dynamic pressure-limited capacity and costs of CO2 storage in the Mount Simon sandstone
Widespread deployment of carbon capture and storage (CCS) is likely necessary to be able to satisfy baseload electricity demand, to maintain diversity in the energy mix, and to achieve climate and other objectives at the lowest cost. If all of the carbon dioxide (CO2) emissions from stationary sources (such as fossil-fuel burning power plants, and...
Anderson, Steven T.; Jahediesfanjani, Hossein
Year Published: 2017
Cost implications of uncertainty in CO2 storage resource estimates: A review
Carbon capture from stationary sources and geologic storage of carbon dioxide (CO2) is an important option to include in strategies to mitigate greenhouse gas emissions. However, the potential costs of commercial-scale CO2 storage are not well constrained, stemming from the inherent uncertainty in storage resource estimates coupled with a lack of...
Anderson, Steven T.
Year Published: 2017
Risk, liability, and economic issues with long-term CO2 storage—A review
Given a scarcity of commercial-scale carbon capture and storage (CCS) projects, there is a great deal of uncertainty in the risks, liability, and their cost implications for geologic storage of carbon dioxide (CO2). The probabilities of leakage and the risk of induced seismicity could be remote, but the volume of geologic CO2 storage (GCS)...
Anderson, Steven T.View Citation
Anderson, S.T., 2017, Risk, Liability, and Economic Issues with Long-Term CO2 Storage—A Review: Natural Resources Research, v. 26, no. 1, January, p. 89-112. ISSN: 1520-7439 DOI: 10.1007/s11053-016-9303-6
Pre-USGS Publications
Anderson, S.T. 2015. “The Mineral Industry of Hungary.” Area reports—International—Europe and Central Eurasia: U.S. Geological Survey Minerals Yearbook 2012, v. III, February 27, p. 20.1–20.7. IP-064154.
March 4, 2020
Remediating the effects of emissions from coal mines
Remediating the effects of emissions from coal mines: Technical and Economic Analysis 2019 poster
Attribution: Eastern Energy Resources Science Center