Michigan Carbon Dioxide Storage Agreement
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How to fill out Carbon Dioxide Storage Agreement?
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FAQ
CO2 is transported, stored and handled in liquid form, either at ambient temperature (in cylinders or non-insulated storage tanks at a pressure of 45-65 bar) or refrigerated (in insulated tankers and storage tanks) at temperatures between -35 °C and -15 °C and pressures of 12 to 25 bar.
OSHA has established a Permissible Exposure Limit (PEL) for CO2 of 5,000 parts per million (ppm) (0.5% CO2 in air) averaged over an 8-hour work day (time-weighted average orTWA.)
Pore space ownership in the United States varies from state to state and can be owned by the State, by the U.S. government or private individuals. In other countries, subsurface rights are controlled entirely by the government.
Carbon dioxide (CO2) can be stored underground as a supercritical fluid. Supercritical CO2 means that the CO2 is at a temperature in excess of 31.1°C (88ºF) and a pressure in excess of 72.9 atm (about 1,057 psi); this temperature and pressure defines the critical point for CO2.
CO2 is transported, stored and handled in liquid form, either at ambient temperature (in cylinders or non-insulated storage tanks at a pressure of 45-65 bar) or refrigerated (in insulated tankers and storage tanks) at temperatures between -35 °C and -15 °C and pressures of 12 to 25 bar.
The representative cost of storage ranges from $5 per ton CO2 in depleted oil and gas fields located onshore, to $18 ton?1 CO2 in an offshore saline reservoir. Onshore saline reservoirs store CO2 at a cost of $6 ton?1 CO2. Our study area did not contain depleted oil and gas fields offshore.
There are a few commercial markets for captured CO2, such as in carbonated beverages or greenhouses that use piped-in CO2 to grow plants. And there are other, more speculative proposals to transform CO2 into valuable products like plastics and fuel.
How can CO2 be stored underground? Compressed CO2 can be injected into porous rock formations below the Earth's surface using many of the same methods already used by the oil and gas industry. The three main types of geological storage are oil and gas reservoirs, deep saline formations, and un-minable coal beds.