Located in southeast Saskatchewan, Weyburn is currently producing about 16,000 barrels per day net. A prolific oilfield, it has produced for more than 50 years due to technology advances, most recently CO2 flood. By injecting CO2 into the reservoir we’ve been able to access oil that we knew was there but couldn’t recover using conventional drilling. Global researchers representing over 30 countries estimate that about 30 million tonnes of CO2 will ultimately be stored during the life of the Weyburn enhanced oil recovery project. It is recognized as the world’s largest geological CO2 storage project.
IEAGHG Weyburn-Midale CO2 Monitoring and Storage Project
The Weyburn project is the site of a world-scale research initiative operated under the auspices of the IEAGHG, which studies the storage of CO2 in an oil reservoir. The goal for the final phase of this research initiative is to document best practices to guide future CO2 storage projects.
IMPORTANT NOTE: Cenovus presents production volumes on a net to Cenovus before royalties basis, unless otherwise stated.