Commercial Assessment for Carbon Storage

This 5 day course gives a comprehensive understanding of CO2 storage potential of a region. Content considers storage site geological, reservoir and surveillance technologies along with costing and risks assessment that promotes reliable CO2 containment over project life. The course utilizes screening parameters and processes for carbon storage site selection and to contrast alternative location solutions. The course develops a comprehensive workflow with specific components to complete a detailed subsurface study, incorporating subsurface data into geologic models that are related to corresponding reservoir flow models. Costs impact on project economics within the framework of available revenue streams and local regulatory design and construction timing are applied to project economics.

Target Audience

The course considers several disciplines that can be focused and tailored to participant background. Petroleum Engineers and Earth Science subsurface professionals as well as downstream professionals involved in refining and pipeline engineering should be considered. Having several disciplines in the course will make the course more meaningful and applicable to all.

You Will Learn

• Storage Resource Evaluation
• CCS Drivers and Impact for Country and Region
• Site Screening
• Detailed Subsurface Study workflow
• EPA Class VI Permitting and equivalents
• Potential Leak Paths and containment assurance risk
• CCS Drivers and Impact for Companies and Stakeholders
• Market Conditions, Constraints, Demands, Market Influence
• Compare and contrast economics to typical O&G Economics
• Compare and contrast to typical O&G prospect generation

Course Content

• Value Chain for CCUS; capture, transport, storage
• Terminology; Scale – what does 30,000 Tons of CO2 mean? ; translate to storage project
• CCS vs CCUS
• Capture Basics - CO2 sources; economic breakeven for various industries -upstream-downstream
• Transport – CO2 phase behavior; compression; pipelines
• Storage – Screening; geology, legacy wells, distance, schedule; refine & develop Class VI design
• Development workflow Compare and Contrast – O&G vs CCS
• Business model drivers / value proposition ; Economics compare / contrast to typical O&G –Compare and contrast to O&G prospect generation

Product Details