Permian Basin CO Market Is Now Driving the Growth of the CO2 EOR
CO2 enhanced oil recovery technology has been proven to be commercially profitable in the U.S. Permian Basin region based in West Texas witnessed the expansion of the CO2 EOR market with growing number of project with large capacity addition. Permian Basin is consuming low cost and highly pure CO2 sourced from natural CO2 reservoirs but the trend is expected to change over the entire forecast period as new industrial CO2 capture and storage projects emerge. As a result of high...
View full press release