New CO2 flood at Katz Field
- Expected to unlock 25 million barrels of oil over 15 to 20 years
- Located near Knox City, Texas
- Platform for future EOR in Permian Basin
- Expected CO2 injections to begin early 2011
- Overall $180 million investment, including Eastern Shelf Pipeline
Eastern Shelf Pipeline
- 91 miles, 10 inches
- Origin – near Snyder, Texas
- End point – west of Knox City, Texas
- Initial 65 million cubic feet per day capacity; Expandable to 200 million cubic feet per day
- Pipeline expected in service – early 2011
- Overall $36 million investment
