Office: Resource Sustainability
FOA number: DE-FOA-0003015
Download the full funding opportunity: FedConnect
Funding Amount: $23.2 million
Background Information
On April 24, 2024, the U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) announced two projects selected to receive a total of $23.2 million to evaluate the potential of oil and gas production and geologic storage of carbon dioxide (CO2) from unconventional reservoirs through a combined process that uses captured CO2 emissions to recover residual oil—called CO2 enhanced oil recovery (CO2-EOR). The projects will help evaluate the feasibility for permanent storage of CO2 in depleted unconventional shale oil and gas reservoirs, repurposing existing infrastructure in support of the Biden-Harris Administration’s historic decarbonization goals.
CO2-EOR is a technique used to recover oil, typically from mature conventional oil fields that are no longer productive using traditional oil recovery methods, which can leave up to two-thirds of the original oil in place. In conventional oilfields, the CO2-EOR process is not only effective in increasing ultimate oil recovery, but the depleted reservoir can provide a geologic formation suitable for permanent storage of CO2 emissions during and after the oil recovery process. Following the useful production life of the reservoir, the location can then be used for continued injection and storage of captured CO2 such that it remains permanently underground in the geologic formation, thereby prevented from entering the atmosphere.
Selectees
The projects will focus on examining the effectiveness of the CO2-EOR with geologic storage process when applied to low-permeability, light-oil unconventional reservoirs that have dominated new production in recent years, as well as understand the potential to safely store CO2 in these complex systems. In conjunction with this testing, the projects will collect critical data on how CO2-EOR and carbon storage can be co-optimized with the goal of reducing the carbon footprint of the incremental oil produced.
Selectees:
- GTI Energy
- University of North Dakota Energy & Environmental Research Center
A detailed list of the selected projects can be found here.
Key Dates
| FOA Issue Date: | 09/13/2023 |
| Submission Deadline for Full Applications: | 1/29/2024 at 11:59:59 PM ET |
| Expected Date for Selection Notifications: | September 2024 |
Additional Information
- Download the full funding opportunity on FedConnect.
- All applicants must register and apply on Grants.gov and submit questions through FedConnect
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Last Updated: April 24, 2024