Permian Basin EOR Projects to Get More Fizz with Kinder Morgan CO2 Infrastructure Investments

Permian Basin EOR Projects to Get More Fizz with Kinder Morgan CO2 Infrastructure Investments

Permian Basin EOR Projects to Get More Fizz with Kinder Morgan CO2 Infrastructure Investments


Attachment: Permian Crude Growth

SUGAR LAND--October 29, 2014--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Surging crude-oil production in the Permian Basin has convinced Kinder Morgan Energy Partners LP (NYSE:KMP) (Houston, Texas) to invest about $1.7 billion to build new carbon dioxide (CO2) projects that will capture, process and transport that gas to the Permian Basin, where it will be injected in enhanced oil recovery (EOR) projects.

Within this article: Details on enhanced oil recovery and carbon capture projects in the Permian Basin by Kinder Morgan Energy Partners.

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