Funding Available for Oil and Natural Gas Recovery Research

The U.S. Department of Energy Office of Fossil Energy announces $88 million available through two funding opportunities.
Funding Available for Oil and Natural Gas Recovery Research - News

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www.energy.gov

Two funding opportunities are available through the U.S. Department of Energy’s (DOE) Office Fossil Energy for cost-shared research and development projects to enhance oil and natural gas recovery technologies, totaling up to $88 million in federal funding.

Under DE-FOA-0001988, there is $44 million available for advanced technologies for enhanced oil recovery. Reducing technical risks associated with enhanced oil recovery (EOR) and increasing the applicability of EOR methods onshore for both conventional and unconventional reservoirs is the focus of this project. Concept papers are due by January 25th. See Advanced Technologies for Enhanced Oil Recovery for details.

Under DE-FOA-0001990, $44 million in funding will support projects for advanced technologies for recovery of unconventional oil and gas resources. Projects should enhance the characterization of emerging unconventional plays to improve the ultimate recovery of oil and gas resources from unconventional reservoirs. Applications are due by February 25th and details can be found at FedConnect.net.

“Technology and innovation gave us the shale revolution that’s transformed the energy landscape here in America and around the world,” said U.S. Secretary of Energy Rick Perry. “This research and development will allow us to continue building on those successes and expand the advancement of both our conventional and unconventional oil and gas resources.”

While the US Energy Information Administration (EIA) has data showing proved reserves of crude oil and natural gas have reached record highs, a majority of the US oil remains in the ground; in some cases, close to 90% of in situ oil is not recovered with current technologies.

“We know we have massive unconventional oil and gas plays across the U.S., but there are still challenges when it comes to characterizing them and improving resource recovery efficiency,” DOE Assistant Secretary for Fossil Energy, Steven Winberg, said. “This funding will support the enabling R&D that can lead to breakthroughs in those areas.”

Additional information is available on the Office of Fossil Energy website.