Webinar Series
The Playbook for Class II Wells: From Enhanced Oil Recovery to Carbon Sequestration
Webinar Overview
Date: Jun 25, 2025
Time: 11:00am CDT (4:00pm UTC)
Sproule ERCE will give a solid overview of how Class II wells are used across the U.S. for enhanced oil recovery and for storing CO₂. We start with the basics—what makes a Class II well different from the Class VI wells built strictly for long-term carbon storage—and outline who regulates them. You’ll see the main federal and state requirements for permits, monitoring, reporting, and how projects can qualify for the 45Q tax credit that helps fund CO₂ injection work. We will discuss several real-world projects—Targa’s Red Hills acid-gas well, Blue Spruce’s Dry Piney site, Core Energy’s Niagaran Reef operations, and BKV’s Barnett Zero project—highlighting their geology, injection targets, and day-to-day operating details. We also address environmental and safety issues, the need to engage local communities, and why transparency and compliance are essential for public trust. Finally, we walk through recent policy shifts, evolving regulations, and new investment headwinds, showing how Class II wells can play an important role in U.S. decarbonization when managed responsibly.
Registration
Speaker
Jason Eleson is a Principal of Carbon Management at Sproule, a global energy advisory firm, where he leads geoscience projects focused on decarbonization, carbon capture and storage (CCS/CCUS), hydrogen exploration and storage, geothermal energy, and lithium brine mining. Based in Denver, Colorado, he leverages over two decades of industry experience to guide clients through the energy transition, providing actionable insights for both traditional oil and gas projects and emerging low-carbon initiatives. He brings deep expertise in conventional and unconventional reservoirs, sedimentology, stratigraphy, petrophysical characterization, and reservoir quality analysis. His professional journey includes roles at ExxonMobil, Koch Exploration Company, Neos GeoSolutions, Caerus Oil and Gas, Enverus, and the Kansas Geological Survey, as well as ownership of his own consulting company, GeoIntegra Consulting. He has worked across diverse international and U.S. basins, leading projects that span exploration, production, and energy transition advisory.