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Empire New Mexico CO2 EOR Pilot Project and Litigation

Sector: Oil and Gas • Location: New Mexico, United States

Source: Business Wire

Project
Planned

Empire Petroleum is proceeding with a CO2 enhanced oil recovery (EOR) pilot project in the Eunice Monument South Unit (EMSU) in New Mexico, following regulatory orders affirming its exclusive rights to the Residual Oil Zone (ROZ). The project involves motions to revoke permits for competing saltwater disposal wells and ongoing litigation for trespass and damages. The resolution is expected to redu

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The project “Empire New Mexico CO2 EOR Pilot Project and Litigation” is an infrastructure initiative in the Oil and Gas sector, located in New Mexico, United States. Taiyo aggregates data on it from Business Wire.

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Description

Description

Empire Petroleum is proceeding with a CO2 enhanced oil recovery (EOR) pilot project in the Eunice Monument South Unit (EMSU) in New Mexico, following regulatory orders affirming its exclusive rights to the Residual Oil Zone (ROZ). The project involves motions to revoke permits for competing saltwater disposal wells and ongoing litigation for trespass and damages. The resolution is expected to reduce operating expenses and improve financial performance.

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