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My Storage is Bigger Than Your Storage: Use of SPE's CO2 Storage Resources Management System to Compare Projects and Assessment

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Course Credit: 0.15 CEU, 1.5 PDH

A CO2 storage project has specific requirements of the ultimate CO2 storage (quantity) at a specific site with plans for specific infrastructure. However, unlike natural resources (e.g. oil and gas accumulations), the subsurface CO2 storage assessment involves an estimation of the portion of the effective (connected) pore volume in which CO2 can be stored: the storable quantities. There is no in situ CO2 storage, per se, that exists in the subsurface (unlike oil in place), but only the potential for CO2 to be stored sometime in the future.

For comparisons of the same CO2 storage site by different assessors, different estimates of storable quantities will be projected. For comparisons of different CO2 storage sites, by the same or different assessors, projects and investments will be compared. Regardless of the comparison, the commonality to storable quantities assessment is the basis of comparison of commercial storage projects. SPE’s CO2 Storage Resources Management System (SRMS) provides terminology and definitions to mature projects and associated storable quantities from exploration to active injection. All content contained within this webinar is copyrighted by Scott Frailey and its use and/or reproduction outside the portal requires express permission from Scott Frailey.

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Course Chapters

  • 1My Storage is Bigger Than Your Storage: Use of SPE's CO2 Storage Resources Management System to Compare Projects and Assessment - Chapter 1
    Media Type: Video

Credits

Earn credits by completing this course0.15 CEU credit1.5 PDH credits

Speakers

Matthew Flett
Scott M. FraileyScott Frailey is a reservoir engineer for the Illinois Geologic Survey, where he is involved with the technical aspects of the CO2 storage and CO2 EOR programs and provides technical expertise in the areas of reservoir characterization and engineering including pressure transient analyses, core analyses, well log analyses, and reservoir modeling. Scott chairs the SPE CO2 Storage Resources Committee that oversees the Storage Resources Management System (SRMS) and SRMS Guidelines. Previously, Scott was an associate professor of petroleum engineering at Texas Tech University and a reservoir engineer at BP Exploration (Alaska). He graduated from the University of Missouri-Rolla with B.S., M.S., and Ph.D. in petroleum engineering. He is a registered professional engineer in Texas, New Mexico, Illinois, and Indiana, and member of the SPWLA and SPE.