CO2 ACTIVITY PICKS UP IN W. TEXAS, NEW MEXICO

07/17/1995
Two major producers are stepping up carbon dioxide operations in Texas and New Mexico. Shell Western E&P Inc. in late June began injecting CO2 in the first phase of an enhanced oil recovery program on the Bennett Ranch Unit (BRU) near Denver City in Yoakum County, West Texas (96633 bytes). The CO2 program is the smallest conducted by Shell and its first new CO2 project in the Denver City area in nearly a decade, Shell reckons the project will generate a profit with oil prices as low as $13/bbl. Many independent producers should be able to afford the costs of installing and starting up a CO2 flood of comparable size, She...
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