Method of managing carbon reduction for hydrocarbon producers
AssigneeOsum Oil Sands Corp.
InventorsHenry Gil, Andrew Squires
Life of this patent
Estimating the term…
Abstract
A method and means is disclosed for managing the reduction of carbon during product transport for a large number of hydrocarbon fuel producers within a given geographic region. This reduction of carbon is accomplished at a few major sequestration hubs located within the geographic region where the sequestration hubs themselves pass through or near major carbon dioxide sequestration facilities. The method includes reducing the amount of carbon in the product and providing a carbon credit or a carbon tax benefit to the producer as an additional alternative available to the producer than acquiring a carbon credit, paying a carbon tax or installing on-site capture and sequestration facilities.
Claims27
A method, comprising:
- receiving, in a main hydrocarbon delivery system, a hydrocarbon product of a first producer, the main hydrocarbon delivery system also carrying a hydrocarbon product of other producers;
- removing at least a portion of the hydrocarbon product of the first producer from the main hydrocarbon delivery system;
- removing an amount of carbon from the at least a portion of the hydrocarbon product thereby creating an altered product;
- at least one of sequestering the amount of carbon from the at least a portion of the hydrocarbon product and utilizing the amount of carbon from the at least a portion of the hydrocarbon product for enhanced hydrocarbon recovery operations;
- accounting, by a computer, for the amount of carbon removed from the at least a portion of the hydrocarbon product;
- and
- providing the altered product back to the main hydrocarbon delivery system.
A method, comprising:
- determining, with at least one of one or more volumetric sensors and one or more mass flow sensors, that an amount of hydrocarbon product of a first producer has been removed from a main hydrocarbon delivery system, wherein the main hydrocarbon delivery system also carries a hydrocarbon product of a second producer;
- determining, by computer, an amount of carbon that has been removed and at least one of sequestered and utilized for enhanced hydrocarbon recovery operations from the hydrocarbon product of the first producer;
- accounting, by computer, for the amount of carbon removed and at least one of sequestered and utilized for enhanced hydrocarbon recovery operations from the hydrocarbon product of the first producer;
- generating, by computer, a report representative of the amount of carbon that has been removed and at least one of sequestered and utilized for enhanced hydrocarbon recovery operations from the hydrocarbon product of the first producer;
- and
- providing, by computer, the report to the first producer.
A hydrocarbon processing system, comprising:
- a hydrocarbon product input connected to a main hydrocarbon transport means, wherein the main hydrocarbon transport means carries hydrocarbon products from at least a first and a second hydrocarbon producer;
- a process facility connected to the hydrocarbon product input, the process facility adapted to process a hydrocarbon product of the first hydrocarbon producer and remove at least some carbon from the hydrocarbon product of the first hydrocarbon producer, whereby the at least some carbon is at least one of sequestered and utilized for enhanced hydrocarbon recovery operations;
- and
- an accounting system adapted to determine an amount of carbon removed from the hydrocarbon product of the first hydrocarbon producer and generating a report representative of the amount of carbon that has been removed from the hydrocarbon product of the first producer.
Dependencies are inferred from the claim text.