Impact
Forsinard Flows, National Nature Reserve, Kinbrace, Scotland
Carbon Sequestration Impact
Decarbonizing Oil Fields has Meaningful Carbon Elimination
VPS INITIAL 28 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