Crack the Code 2.0 Enhanced Oil Recovery Initiative
Sector: Oil and Gas • Location: Bismarck, North Dakota, United States
Source: KX News
Sen. John Hoeven's 'Crack the Code 2.0' initiative aims to capture carbon dioxide from coal plants and sell it to oil producers for enhanced oil recovery (EOR) in the Bakken region. The project seeks to unlock at least five billion barrels of previously unreachable oil by using CO2 from coal plants to boost oil recovery, potentially doubling oil output and providing a new revenue stream for coal p
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Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Sen. John Hoeven's 'Crack the Code 2.0' initiative aims to capture carbon dioxide from coal plants and sell it to oil producers for enhanced oil recovery (EOR) in the Bakken region. The project seeks to unlock at least five billion barrels of previously unreachable oil by using CO2 from coal plants to boost oil recovery, potentially doubling oil output and providing a new revenue stream for coal plants. The initiative also involves leveraging federal credit programs through USDA Rural Development and benefits from changes in federal policy, including the 45Q tax credit. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
Region | Obfuscated |
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Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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