June 23, 1999

The weekly magazine, published by PennWell Publishing of Tulsa, Oklahoma, is one of the major publications serving the oil and gas industry. It reaches approximately 32,000 readers in the United States and several other countries.

The story in the May 3 edition, "Paradox study shows big oil potential with CO2," details an ongoing study, led by UGS scientists and its subcontractors, to use CO2 flooding to increase oil production. The Paradox Basin, in the remote southeastern corner of Utah, has already produced more than 400 million barrels of oil, and probably contains at least that much more in reserves. Most of the production has come from the Greater Aneth field, a 75-square-mile region in the middle of the basin. Surrounding that field are more than 100 smaller fields which research suggests could contain as much as another 150 million barrels of oil. That oil could be recovered using the same CO2 techniques currently being employed in the Greater Aneth field.

The project is funded by the U.S. Department of Energy, National Petroleum Technology Office, in Tulsa, Oklahoma. Additional funding for the project came from Harken Southwest Corporation of Houston, Texas, and the Utah Office of Energy and Resource Planning. The UGS is the prime contractor for the project.