Carbon capture and storage
The firm’s latest analysis puts the bulk of the blame on a fragmented supply chain.
Sustainable energy continues to grow as a focus for reliable, affordable, and secure energy as seen from the past year of papers reviewed for this feature. Three primary areas are being reported on heavily: carbon use for enhanced oil recovery, geological hydrogen discovery, and critical minerals from the subsurface.
This study aims to systematically assess casing integrity and corrosion risks associated with CO2 injection in oil-recovery operations.
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Denbury acquires carbon-storage land in the South, Baker Hughes forms a new wells consortium, and Chevron and BP expand their investments. Hydrogen takes center stage across the globe, while the international energy transition makes strides toward its goals.
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A consortium of 20 organizations, REX-CO2, including research institutions, operators, and regulatory authorities, studied mature wells in two areas of the UK Continental Shelf. Subsurface data were evaluated and verified the wells’ potential suitability for both reuse and CO2 injection and storage.
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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.
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The US giant joins CF Industries and EnLink on a development that could capture and permanently store 2 million metric tons of carbon dioxide starting in 2025.
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Occidental Petroleum is considered one of the upstream industry’s most dynamic companies after making major investments to boost oil and gas production while also scaling up low-carbon technologies.
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Texas and Louisiana are stepping up efforts to assume regulatory authority for an emerging wave of carbon capture and storage projects.
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The CStore1 project aims to prove that floating storage and injection facilities are competitive with pipelines and fixed offshore infrastructure.
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Glynn Williams, CEO of Silixa, offers his take on the role fiber-optic technology will play in the rise of CO2 storage and on the firm’s progress in the tight-rock sector.
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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.
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A North Dakota Supreme Court decision changed the rules for leasing pore space from landowners and their rights to compensation. This decision and the US Inflation Reduction Act, which significantly increases tax incentives for operators’ carbon capture and storage projects, is likely to spur other states to clarify their laws regulating pore space.