SASKATOON – The provincial government announced a new funding agreement Wednesday with the Petroleum Technology Research Centre (PTRC) to support carbon capture and storage research in Saskatchewan.
The $400,000 investment will go towards the Saskatchewan CO2 Oilfield Use for Storage and EOR (CO2-EOR) research project and will supplement funding from the United States Department of Energy (DoE).
Researchers will look into technical issues such as well bore integrity, predicting CO2 migration underground and identifying effective monitoring techniques.
“Promotion and development of CO2 enhanced oil recovery methods provides the province with both economic and environmental benefits, and will help us meet our oil and gas related objectives,” said Tim McMillan, Saskatchewan’s energy and resources minister.
Funding will also allow Regina-based PTRC to continue their mandate to conduct CO2 enhanced oil recovery research designed to increase oil production in the province.
“Recognition of CO2-EOR as valid geological storage is an important part in the commercial deployment of carbon capture and storage,” said PTRC CEO Ken From.
This project will build upon previous research undertaken by PTRC on the Weyburn-Midale CO2 Project, which was completed several years ago.
The joint work with the U.S. and PTRC will also address emerging issues that could potentially constrain future carbon storage activity in the world.
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