Shell Canada Signs Co-Sponsorship for Research on Carbon Storage

Shell Canada has signed on as a co-sponsor of the International Energy Agency Greenhouse Gas Weyburn-Midale CO2 Monitoring and Storage Project at the Petroleum Technology Research Centre in Regina, Saskatchewan.

In its final phase, the $80 million international study is investigating long-term geological storage of man-made CO2 – used around the world to increase oil production – in mature oil reservoirs. Research from the project is shared with partners on an ongoing basis.

When CO2 is injected underground in carbon flooding, it helps to thin light to medium oil and move oil that was previously unrecoverable towards production wells. The majority of the CO2 remains underground and the portion that returns to the surface with the produced oil is captured and returned underground in a closed loop system.

Dave Collyer, president of Shell Canada, said: “Deployment of carbon capture and storage and a wide range of low-carbon technologies will be needed to meet the climate change challenge. Shell’s sponsorship of the Weyburn-Midale CO2 Project is in step with the carbon capture and storage work we are doing in other parts of the world with research institutions, regulatory agencies, international organizations and other energy companies.”