Aug 22, 2023 | 08:00 AM CST
August 22, 2023 | 8:00 a.m. CST
As the world wrestles with the challenge of decarbonization, carbon capture and storage (CCS) technologies can offer a means to sequester large volumes of CO2. Estimates suggest that CCS can support ~15 percent of total cumulative emissions reductions through to 2050 (e.g., IEA’s Sustainable Development Scenario, 2020) and work to mitigate hard-to-abate emissions such as those related to industrial and energy systems.
One of the key challenges is identifying where exactly are these large amounts of CO2 going to be stored. Amongst the different geological storage options, it is commonly accepted that saline aquifers will contribute a large proportion of required CO2 storage in the future. However, the density of data associated with saline aquifers is much lower than depleted oil and gas fields.
A suitable saline aquifer for CO2 storage needs to have a suitable reservoir seal pair, along with subsurface conditions that meet pressure and temperature thresholds required for storing the CO2 in a supercritical state. Once identified, these fairways can be further constrained by operational considerations, such as reservoir depth and bathymetry.
In this webinar we will:
Explore how the Neftex® Predictions solution is adapting hydrocarbon workflows, such as play fairway analysis, to help identify suitable saline aquifers.
Showcase new functionality within our web-based screening application, DecisionSpace® 365 FairwayFinder, which allows users to quickly screen candidate geological fairways on demand.
Discuss how users can build a portfolio and rank fairways using prospective storage resource (PSR) calculations and risk indexes.
Product Owner – Carbon Storage and Critical Minerals
Product Owner – Screening and Analytics Applications