Franklin Ohio Carbon Dioxide Storage and Secondary Recovery Unit Agreement

• Category: Oil Gas and Minerals - Agreements
• State: Multi-State
• County: Franklin
• Control #: US-OG-950
• Format: Word; Rich Text

Description

This form is a carbon dioxide storage and secondary recovery unit agreement. The Franklin Ohio Carbon Dioxide Storage and Secondary Recovery Unit Agreement refers to a legally binding contract between parties involved in the storage and secondary recovery of carbon dioxide in Franklin, Ohio. This agreement outlines the terms and conditions under which the carbon dioxide will be stored and any additional recovery operations that may take place. The primary purpose of the agreement is to establish a framework for the safe and efficient storage of carbon dioxide, as well as the subsequent recovery of this stored CO2 for various purposes. It aims to facilitate the reduction of greenhouse gas emissions and promote sustainable environmental practices. Keywords: Franklin Ohio, carbon dioxide storage, secondary recovery, agreement, legally binding contract, terms and conditions, safe and efficient, greenhouse gas emissions, sustainable environmental practices. Types of Franklin Ohio Carbon Dioxide Storage and Secondary Recovery Unit Agreements may include: 1. Industrial Carbon Capture and Storage (CCS) Agreement: This type of agreement focuses on the storage of carbon dioxide emitted by industrial facilities. It outlines the responsibilities of the parties involved in capturing, transporting, and storing CO2, as well as any secondary recovery operations that may be undertaken. 2. Enhanced Oil Recovery (FOR) Agreement: This agreement specifically targets the storage of CO2 for the purpose of enhancing oil recovery in mature oil fields. It details the terms and conditions for injecting carbon dioxide into the reservoirs, as well as the subsequent recovery of oil from these fields. 3. Carbon Sequestration Agreement: This type of agreement mainly concentrates on the long-term storage of carbon dioxide in underground geological formations. It encompasses the responsibilities of the involved parties in monitoring and securing the stored CO2 to prevent leakage or any potential environmental impacts. 4. Carbon Offset Agreement: This agreement focuses on the purchase and sale of carbon offset credits generated by the storage and secondary recovery of carbon dioxide. It outlines the terms, pricing, and conditions under which these credits can be traded or monetized, enabling companies to offset their emissions. Keywords: Industrial Carbon Capture and Storage (CCS) Agreement, Enhanced Oil Recovery (FOR) Agreement, Carbon Sequestration Agreement, Carbon Offset Agreement, CO2, storage, secondary recovery, responsibilities, underground geological formations, carbon offset credits, emissions.

The Franklin Ohio Carbon Dioxide Storage and Secondary Recovery Unit Agreement refers to a legally binding contract between parties involved in the storage and secondary recovery of carbon dioxide in Franklin, Ohio. This agreement outlines the terms and conditions under which the carbon dioxide will be stored and any additional recovery operations that may take place. The primary purpose of the agreement is to establish a framework for the safe and efficient storage of carbon dioxide, as well as the subsequent recovery of this stored CO2 for various purposes. It aims to facilitate the reduction of greenhouse gas emissions and promote sustainable environmental practices. Keywords: Franklin Ohio, carbon dioxide storage, secondary recovery, agreement, legally binding contract, terms and conditions, safe and efficient, greenhouse gas emissions, sustainable environmental practices. Types of Franklin Ohio Carbon Dioxide Storage and Secondary Recovery Unit Agreements may include: 1. Industrial Carbon Capture and Storage (CCS) Agreement: This type of agreement focuses on the storage of carbon dioxide emitted by industrial facilities. It outlines the responsibilities of the parties involved in capturing, transporting, and storing CO2, as well as any secondary recovery operations that may be undertaken. 2. Enhanced Oil Recovery (FOR) Agreement: This agreement specifically targets the storage of CO2 for the purpose of enhancing oil recovery in mature oil fields. It details the terms and conditions for injecting carbon dioxide into the reservoirs, as well as the subsequent recovery of oil from these fields. 3. Carbon Sequestration Agreement: This type of agreement mainly concentrates on the long-term storage of carbon dioxide in underground geological formations. It encompasses the responsibilities of the involved parties in monitoring and securing the stored CO2 to prevent leakage or any potential environmental impacts. 4. Carbon Offset Agreement: This agreement focuses on the purchase and sale of carbon offset credits generated by the storage and secondary recovery of carbon dioxide. It outlines the terms, pricing, and conditions under which these credits can be traded or monetized, enabling companies to offset their emissions. Keywords: Industrial Carbon Capture and Storage (CCS) Agreement, Enhanced Oil Recovery (FOR) Agreement, Carbon Sequestration Agreement, Carbon Offset Agreement, CO2, storage, secondary recovery, responsibilities, underground geological formations, carbon offset credits, emissions.