Capacity assessment and co-optimization of CO 2 storage and enhanced oil recovery in residual oil zones
Residual oil zones (ROZs) are increasingly being commercially exploited using CO 2 -enhanced oil recovery (CO 2 -EOR) method. In this study, CO 2 storage potential, long-term CO 2 fate and oil recovery potential in ROZs are characterized based on a reservoir model for Goldsmith-Landreth San Andres Unit in the Permian Basin. The effects of CO 2 injection rates, well patterns (five-spot and line-drive), well spacings, injection modes (continuous CO 2 injection and water-alternatinggas injection) on the CO 2 retention in the reservoir and the oil production are investigated. After the preliminary assessment of CO 2 storage and EOR potentials in ROZs, we next develop a novel approach based on a newly developed optimization algorithm-Stochastic Simplex Approximate Gradient (StoSAG) and predictive empirical models constructed using machine learning technique to co-optimize CO 2 storage and oil recovery in ROZs. The performance of co-optimization of CO 2 storage and oil recovery is compared with the performance of optimization of only CO 2 storage.