Kinder Morgan eyes EOR for acquired assets

April 12, 2006
A unit of Kinder Morgan Energy Partners LP plans to evaluate carbon-dioxide enhanced oil recovery potential of oil and gas producing properties it has acquired from Journey Acquisition-I LP and Journey 2000 LP, primarily in the Permian basin.

By OGJ editors
HOUSTON, Apr. 12 -- A unit of Kinder Morgan Energy Partners LP plans to evaluate carbon-dioxide enhanced oil recovery potential of oil and gas producing properties it has acquired from Journey Acquisition-I LP and Journey 2000 LP, primarily in the Permian basin.

The properties produce 850 b/d of net oil equivalent and include fields with EOR potential near Kinder Morgan CO2 operations.

Kinder Morgan CO2 Co. plans to divest assets in the acquisition that are not CO2 EOR candidates.