North Dakota Carbon Dioxide Storage Unit Agreement

State:
Multi-State
Control #:
US-OG-953
Format:
Word; 
Rich Text
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Description

This form is a carbon dioxide storage unit agreement.
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FAQ

Depth ? The CO2 storage zone needs to be located at a sufficient depth and pressure so that CO2 can be injected as a supercritical fluid. Supercritical CO2 is dense and behaves more like a liquid than a gas, allowing for storage of higher concentrations of CO2 by volume.

Carbon Storage Risks Catastrophic Accidents On top of the risks of slower or smaller leaks, carbon storage also risks huge releases of CO2 in blowouts or during injection. These leaks can be deadly, as compressed CO2 can suffocate people.

Geological storage involves injecting CO2 captured from industrial processes into rock formations deep underground, thereby permanently removing it from the atmosphere. an extensive cap rock or barrier at the top of the formation to contain the CO2 permanently.

Additional evidence that CO2 can be safely stored underground comes from a more than 40-year-old process called enhanced oil recovery (EOR) where CO2 has been injected underground to increase oil production.

There are also environmental and health risks associated with carbon storage facilities, such as the escape of the carbon dioxide from the site, the displacement of groundwater, and seismic activity. Carbon dioxide can leak through permeable substances or man-made routes like abandoned drilling wells.

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.

Studies have shown that CO2 can be safely stored underground, such as in deep, porous rock formations, for thousands of years, and we've even found natural pockets of CO2 that have existed for millions.

The most well-developed approach to storing CO2 is injecting it underground into naturally occurring, porous rock formations such as former natural gas or oil reservoirs, coal beds that can't be mined, or saline aquifers.

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North Dakota Carbon Dioxide Storage Unit Agreement