Impact

Forsinard Flows, National Nature Reserve, Kinbrace, Scotland

Carbon Sequestration Impact

Decarbonizing Oil Fields has Meaningful Carbon Elimination

VPS INITIAL 28 PROJECT INVENTORY

Project Inventory
  • In North America, ~90 oil fields produce 350,000 BOPD using CO2 EOR (DOE 2018)
  • Each field uses electricity to compress and recirculate CO2
  • Each field uses 10-50 MWe mostly from the electric grid
  • Each MWe on average creates ~4,000 tons of CO2 emissions annually
  • 20 fields averaging 15 MWe of grid power could be converted and eliminate 1.3 million tons per year of CO2 emissions
  • Our integrated Oxy-Fuel technology is THE solution for operators looking to cost effectively and safely decarbonize their oil field operations