| Summary: | The petrophysical properties of ultra-low permeability sandstone reservoirs near the injection wells change significantly after CO<sub>2</sub> injection for enhanced oil recovery (EOR) and CO<sub>2</sub> storage, and different CO<sub>2</sub> displacement methods have different effects on these changes. In order to provide the basis for selecting a reasonable displacement method to reduce the damage to these high water cut reservoirs near the injection wells during CO<sub>2</sub> injection, CO<sub>2</sub>-formation water alternate (CO<sub>2</sub>-WAG) flooding and CO<sub>2</sub> flooding experiments were carried out on the fully saturated formation water cores of reservoirs with similar physical properties at in-situ reservoir conditions (78 °, 18 MPa), the similarities and differences of the changes in physical properties of the cores before and after flooding were compared and analyzed. The measurement results of the permeability, porosity, nuclear magnetic resonance (NMR) transversal relaxation time (<i>T</i><sub>2</sub>) spectrum and scanning electron microscopy (SEM) of the cores show that the decrease of core permeability after CO<sub>2</sub> flooding is smaller than that after CO<sub>2</sub>-WAG flooding, with almost unchanged porosity in both cores. The proportion of large pores decreases while the proportion of medium pores increases, the proportion of small pores remains almost unchanged, the distribution of pore size of the cores concentrates in the middle. The changes in range and amplitude of the pore size distribution in the core after CO<sub>2</sub> flooding are less than those after CO<sub>2</sub>-WAG flooding. After flooding experiments, clay mineral, clastic fines and salt crystals adhere to some large pores or accumulate at throats, blocking the pores. The changes in core physical properties are the results of mineral dissolution and fines migration, and the differences in these changes under the two displacement methods are caused by the differences in three aspects: the degree of CO<sub>2</sub>-brine-rock interaction, the radius range of pores where fine migration occurs, the power of fine migration.
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