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West Virginia Carbon Dioxide Storage and Secondary Recovery Unit Agreement

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US-OG-950
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This form is a carbon dioxide storage and secondary recovery unit agreement.

The West Virginia Carbon Dioxide Storage and Secondary Recovery Unit Agreement is a legal agreement that pertains to the storage and recovery of carbon dioxide (CO2) in the state of West Virginia. This agreement is designed to outline the terms and conditions for effectively capturing, transporting, and injecting CO2 into underground storage formations, while also facilitating the secondary recovery of valuable resources. Carbon dioxide storage and secondary recovery techniques are gaining attention as viable solutions for reducing greenhouse gas emissions and increasing oil and gas production. West Virginia, being an energy-rich state, has recognized the potential of these technologies and has established specific agreements to govern their implementation. The primary goal of the West Virginia Carbon Dioxide Storage and Secondary Recovery Unit Agreement is to provide a legal framework that ensures the safe and environmentally responsible utilization of CO2 for enhanced oil recovery (FOR) operations. By injecting CO2 into depleted oil fields, operators can stimulate the extraction of additional oil reserves that were previously considered unrecoverable, thereby increasing the overall production and extending the life of these fields. Different types of the West Virginia Carbon Dioxide Storage and Secondary Recovery Unit Agreement may exist depending on various factors, such as the specific oil and gas reservoirs targeted, the scale of the project, and the involved parties. Some key variations of this agreement could include: 1. Individual Operator Agreement: This type of agreement would be tailored for a single operator seeking to implement CO2 storage and secondary recovery techniques in a specific oil or gas field within West Virginia. It would outline the rights and responsibilities of both the operator and the state in terms of CO2 injection, monitoring, and reporting requirements. 2. Joint Operator Agreement: In cases where multiple operators collaborate to develop CO2 storage and secondary recovery projects, a joint agreement may be established. This agreement would outline how the participating operators will coordinate their activities, share costs and risks, and allocate benefits derived from the enhanced oil recovery efforts. 3. Research and Development Agreement: As technologies related to CO2 storage and secondary recovery continue to evolve, research and development agreements may be formed. These agreements would facilitate collaboration between private entities, academic institutions, or governmental organizations to explore and test innovative techniques, monitoring methods, and mitigation measures related to CO2 storage. Overall, the West Virginia Carbon Dioxide Storage and Secondary Recovery Unit Agreement aims to promote sustainable development by exploiting the potential of CO2 storage and secondary recovery while ensuring compliance with environmental regulations and industry best practices.

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?In 2018 (the most recent year that state-level data is available pertaining to carbon emissions), West Virginia emitted 901.2 tons of CO2 per $1 million of GDP, compared to the U.S. average of 287.2 tons.?

The West Virginia Geological and Economic Survey provides an interactive map of over 144,000 oil and gas wells in West Virginia.

The amount of carbon stored in a particular system is called a ?stock? or a ?pool?. The Earth's largest carbon stock is found within the continental crusts and upper mantle of the Earth, a large portion of which is sedimentary rock formed over millions of years (2).

The Appalachian Basin, which includes West Virginia, can store approximately 20 metric gigatons of carbon dioxide. The forests and urban trees in West Virginia remove 16 percent of all carbon dioxide emissions in the state, and 14 percent of all carbon emissions in the U.S.

Deep saline formations (DSF) Deep layers of porous and permeable rock in which pore spaces are filled with saline groundwater (alternatively termed 'brine'). DSF have the largest resource potential of any storage scenario.

Lowest Elevation: Harpers Ferry The lowest point in West Virginia is the Potomac River at Harpers Ferry in Jefferson County, with an elevation of 73 meters (240 feet).

Natural gas. West Virginia is the fourth-largest producer of marketed natural gas in the nation. West Virginia is the nation's fourth-largest producer of marketed natural gas. The state is within the Marcellus Shale productive region, one of the largest natural gas-producing areas in the United States.

Urban forests in the north central, northeast, south central and southeast regions of the USA store and sequester the most carbon, with average carbon storage per hectare greatest in southeast, north central, northeast and Pacific northwest regions, respectively.

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Download Carbon Dioxide Storage and Secondary Recovery Unit Agreement from the US Legal Forms website. It provides numerous professionally drafted and lawyer- ... Secondary recovery of oil; unit operations. §22C-9-9 ... of this code concerning underground carbon dioxide sequestration storage facilities at all depths.Invest in economic incentives for CDR activities such as reforestation, improved forest management, forest products, bioenergy, DAC, and CO2 storage in southern. by MITCS Initiative · 2005 — In the majority of states, the owner of the surface interest owns the geologic formation. This is known as the American Rule. The West Virginia case of Tate v. Jun 14, 2010 — Potential carbon dioxide sequestration beneath West Virginia has been assessed by the. Midwest Regional Carbon Sequestration Partnership (MRCSP) ... May 8, 2009 — Storage potential for each of the prospective reservoir types (saline formations, oil and natural gas reservoirs, and unmineable coal seams) is ... KANES FORMS CARBON USE AND STORAGE FORMS PROGRAM MASTER INDEX - Click on the link below to view a sample of any form. (SECARB) is testing the potential for CO2 storage in Denbury's Cranfield Unit near Natchez, Mississippi. The Plains Carbon Dioxide Reduction Partnership. the Onondaga Limestone and Secondary Recovery. ○. Exclusions from OGCC ... The ownership in the unit is based on each owners interest in the whole unit and is ... ... agreements with the Department of Energy (DOE). The technical reports are ... complete a national assessment of geologic storage capacity for carbon dioxide.

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West Virginia Carbon Dioxide Storage and Secondary Recovery Unit Agreement