NATCO Group Inc. has agreed with Kinder Morgan CO2 Company LP to more than double the capacity of its CO2 membrane separation facility in the SACROC field. Kinder Morgan owns a majority stake in SACROC, one of the oldest and largest oil fields in the US using CO2 injection technology, and recently began a significant expansion of its CO2 flood to increase oil production. NATCO owns and operates a 180 mmcf per day separation facility in the SACROC field, using proprietary membrane technology to recover hydrocarbons for Kinder Morgan from produced gas and return high concentration CO2 for re-circulation into the flood. The company is paid a processing fee under a long-term contract with Kinder Morgan. The processing capability of NATCO’s facility, which was most recently expanded in 2001, will increase to a total of 367 mmcf per day upon start-up of the expansion, currently planned for the fall of 2003.
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