CO2-EOR definition
Examples of CO2-EOR in a sentence
Schedule 4.17 sets forth a list of all casualty, commercial general liability, property damage, pollution and other types of insurance currently in effect and under which any Seller Related Party is insured with respect to the Nitrogen Facility, the CC Assets, the Site, the CC Pipeline, or the NBU CO2-EOR Project, which insurance will be maintained by the Seller Related Parties for the benefit of a Project Company Related Party pursuant to the CC Project Documents.
Another recent review paper has been published by ▇▇▇▇ and ▇▇▇▇▇▇ (2010) summarising the material improvement of wellbore materials used in the CO2-EOR industry.
The NBU CO2-EOR Project (i) is in good operating condition and repair and are not in need of maintenance or repairs other than routine maintenance required in the ordinary course of business, and (ii) is capable of performing all functions and operations for which they are intended to be used in the Project Company Business.
No power of attorney has been granted by Seller or any CapturePoint Related Party with respect to any Taxes related to the CC Pipeline or the NBU CO2-EOR Project that is currently in force.
No CapturePoint Related Party, and none of the Site, the CC Pipeline or the NBU CO2-EOR Project, or, to the extent that the same could reasonably prevent any CapturePoint Related Parties from performing their respective obligations under this Agreement or the Transaction Documents or adversely affect the Project Company, the Site, the CC Assets or the Project Company Business, are subject to any Governmental Order relating to or arising under any Environmental Law.
Pertamina and LEMIGAS, aiming to achieve the reduction of actual CO2 emission and enhancement of oil production at the same time in Indonesia, and JAPEX, having expertise in demonstration tests of CCS and CCUS including CO2-EOR (Enhanced Oil Recovery using CO2) as well as experience in oil and gas E&P (exploration, development, production, and transportation) operations, has conducted the wider researches regarding CCUS implementation using the Joint Crediting Mechanism (JCM) in Indonesia.
The use of the Captured Carbon Oxides as a tertiary injectant at the NBU CO2-EOR Project meets the requirements for “secure geological storage” under U.S. Treasury Regulation Section 1.45Q-3(b).
The CapturePoint Real Property is sufficient for the continued use and operation of the CC Pipeline and the NBU CO2-EOR Project after the Closing in substantially the same manner as conducted prior to the Closing and as contemplated to be conducted after the Closing based on the projections set forth on Schedule 2.5(b).
A CCUS solution (combining CO2-EOR with CCS) is one of the best ways to mitigate reservoir pressure and, at the same time, recover hydrocarbons in order to generate revenue to cover some of the storage expenses.
However, in all cases considered, there was an optimum CO2 slug size, from the point of view of the profitability of the CO2-EOR project.