Kinder Morgan CO2's Fox: SACROC a 'home run' for company

Guntis MoritisProduction EditorKinder Morgan CO2 Co. LP purchased its interest in the Scurry Area Canyon Reef Operators Committee (SACROC) unit in 2000 and to date has more than doubled the unit's oil production.Regarding enhanced oil recovery with CO2 injection in SACROC, Charles E. Fox, vice-president of operations and technology for Kinder Morgan CO2, said, "It's a niche business where the returns are more certain than in some other parts of the [exploration and production] industry, but they are not as spectacular."So it's a lower-risk, moderate-reward business that fits well into [parent Kinder Morgan Energy Partners LP's] portfolio. When compared to KMP's other p...

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