SPE Storage Resources Management System

The SPE CO2 Storage Resources Committee has opened a period for public comments on an update to the current 2017 SRMS.

At a time when there are many models vying to be the one used to evaluate and plan carbon storage sites, the US Department of Energy wants to test one developed by SPE members.

The CO2 capture capacity of all CCS facilities under development increased 44% over the past 12 months, bringing the total capacity of those projects to 244 mtpa of CO2.

The SRMS Guidelines include suggestions for the application of the SRMS with the intent of including details of the processes of quantification, categorization, and classification of storable quantities so that the subjective nature of subsurface assessments can be consistent between storage resource assessors.