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It then shows how CO2\u2013EOR operators might maximize the value of their projects by approaching implementation using a \u201cflexible selective\u201d pattern development strategy, where the CO2\u2013EOR program patterns are selectively developed based on site-specific reservoir properties. It also analyzes performance measures and economic consequences of utilizing a continuous CO2\u00a0injection strategy intended to maximize CO2\u00a0retention for a defined time period. \u201cNet CO2\u00a0utilization,\u201d calculated as difference between the volumes of CO2\u00a0injected and CO2\u00a0recovered in the production stream divided by the oil produced, is a standard measure of CO2\u2013EOR carbon utilization, but it can be a misleading predictor of the actual CO2\u00a0retained in the reservoir. Asset value can be added to a CO2\u2013EOR project by recognizing effects of variations in reservoir parameter values and basing incremental development decisions on those data. For policy analysts, the consequences of ignoring geologic variability within a reservoir that is a candidate for CO2\u2013EOR will likely be to substantially overestimate predicted adoption of CO2\u2013EOR in response to economic incentives. This result holds true whether the CO2\u2013EOR program objective is to maximize net value by maximizing oil production or maximize CO2\u00a0storage with oil recovery.", "description": "15 p.", "publisher": { "@type": "Organization", "name": "Springer" }, "author": [ { "@type": "Person", "name": "Attanasi, E. D. attanasi@usgs.gov", "givenName": "E. 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