Economic evaluation on CO2-EOR of onshore oil fields in China

- A techno-economic model was established with specific tax policy and hybrid performance model.
- Storage capacity and cost range of potential CO2-EOR projects is evaluated by the model.
- There are a great incremental oil recovery and CO2 storage resource by onshore CO2-EOR in China.
- Major barriers to large-scale deployment of CO2-EOR in China are discussed.