Hi,
I am new to eclipse and I am doing a study in CO2 EOR, I have one question and it is related to the economic analysis for the CO2 EOR, I have all the values from my results of CO2 EOR, but I am just finding it difficult to do an economic analysis. I got all the values for the operation and maintenance costs involved from the research papers and I also have the incremental oil produced from my simulation, which is 1.22 million tonnes oil from EOR alone, this turns out generate a revenue of $104,365,620 when I assume a price of 485/tonne of oil.
I just need to make an economic model now, I do have to prove that these O&M costs will not exceed the revenue generated from the CO2 EOR.
I will be highly obliged if you have a dummy model, may be in excel, through which I can get an understanding of this.
regards
Azeem





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