Geoscience technology services company CGG has announced the release of a Southeast Asia Carbon Storage Study to support and accelerate the screening process for all players in the region’s fast-growing carbon capture, use, and storage (CCUS) market.
This study ranks and prioritizes opportunities at large scale across 58 basins in Indonesia, Malaysia, Thailand, and Vietnam, covering a total surface area of over 6 million km2, to help streamline the process for identifying the best basins and plays for potential carbon storage.
“The release of this carbon storage screening study comes at a time of accelerated growth in the Southeast Asia CCUS market and will provide operators with accurate and critical subsurface information for rapid insight and decision-making,” said Dechun Lin, CGG’s executive vice president for Earth Data. “With this strategic addition to our growing portfolio of carbon storage screening studies, CGG is expanding its footprint and experience in all active CCUS hubs around the globe.”
The Southeast Asia Carbon Storage Study is a new addition to CGG’s continually growing GeoVerse Carbon Storage portfolio, which already includes studies for the North Sea and US Gulf of Mexico.
Developed by experts from CGG’s Carbon Storage, Geology, and Data Hub teams, the studies provide an assessment of storage potential based on a proprietary quantitative and qualitative criteria-based screening methodology that assesses deep subsurface features and the above-ground context.