Leach, Andrew; Mason, Charles F.; Veld, Klaas van ‘t - In: Resource and Energy Economics 33 (2011) 4, pp. 893-912
In this paper, we present an economic analysis of CO2-enhanced oil recovery (EOR). This technique entails injection of CO2 into mature oil fields in a manner that reduces the oil's viscosity, thereby enhancing the rate of extraction. As part of this process, significant quantities of CO2 remain...