Oil fields offer a significant potential for storing CO2 and will most likely be the first large
scale geological targets for sequestration as the infrastructure, experience and permitting
procedures already exist. The problem of co-optimizing oil production and CO2 storage
differs significantly from current gas injection practice due to the cost-benefit imbalance
resulting from buying CO2 for enhanced oil recovery projects. Consequently, operators aim
to minimize the amount of CO2 required to sweep an oil reservoir. For sequestration …