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Australian Energy Producers Journal Australian Energy Producers Journal Society
Journal of Australian Energy Producers
RESEARCH ARTICLE (Non peer reviewed)

Implementing SRMS in the North Perth Basin: challenges and practical solutions

HongFeng Wu A * , William Walton A , Hesham Farhani A , Pooya Hadian A and Kiong Hooi (Steven) Lee A
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A Molyneux Advisors Pty Ltd, 45 Ventnor Avenue, West Perth, WA, Australia.


The APPEA Journal 63 S483-S487 https://doi.org/10.1071/AJ22215
Accepted: 1 March 2023   Published: 11 May 2023

© 2023 The Author(s) (or their employer(s)). Published by CSIRO Publishing on behalf of APPEA.

Abstract

The Society of Petroleum Engineers (SPE) published the CO2 Storage Resources Management System (SRMS) in 2017 to provide a CO2 Storage Resource classification. Guidelines for its application were published in July 2022. In this paper, Molyneux Advisors (MA) has used these principles to classify and categorise potential CO2 storage resources of Deep Saline Formations (DSFs) and Depleted Oil & Gas Accumulations (DOGAs) in the North Perth Basin (NPB). A subsurface inter-disciplinary approach was taken, integrating supporting data and interpretations in calculating storage volumes. Key challenges exist in: classification of storage resources for four DSFs which jointly constitute more than 90% of potential CO2 storage resources in the NPB; quantifying accessible and Inaccessible Storage Resource volumes; and determining the low-, base- and high-case estimates based upon the uncertainty ranges of inputs. Furthermore, approval of any CO2 storage development is yet to be granted by the Western Australian State Government.

Keywords: Carbon Dioxide Capture and Storage, Categorization and Classification, CCS, CO2, Deep Saline Formations, Depleted Oil & Gas Accumulations, North Perth Basin, Storage Resource Management System, Western Australia.

HongFeng Wu is a Director and Principal Reservoir Engineer at MA and has extensive experience in real-world management of oil and gas assets from exploration, through development, production and abandonment. With a 26-year career in the oil and gas industry, he is well-versed in the multi-faceted decisions required during project management and re-invigoration of old fields. Previously, HongFeng held senior technical positions at Shell, BP and CNOOC.

William Walton is Principal Reserves and Resources Advisor at MA and is a highly experienced oil and gas professional specialising in asset maturation, development, resource assessment, assurance and reporting. He draws on over 35 years of experience in delivering diverse projects as a consultant, project leader and geoscientist at Shell and BP.

Hesham Farhani is a Senior Reservoir Engineer at MA. Hesham has over 15 years of experience across exploration, appraisal, development and operation phases of the upstream oil and gas industry, gained at major Middle East operators and as a Consultant.

Pooya Hadian is a Senior Geophysicist and Geoscientist with over 15 years of experience in subsurface data analysis and CCS research studies. His experience includes working with multi-disciplinary subsurface teams from seismic and well data acquisition to processing and interpretation.

Kiong Hooi (Steven) Lee is the Principal Reservoir Engineer at MA. Kiong Hooi has 30 years of experience acquired during his time at Shell, BP and MA as a Consultant.


References

3D-GEO Pty Ltd (2013) Western Australia Carbon Dioxide Geological Storage Atlas. Government of Western Australia, Department of Mines and Petroleum.

IEA (2021) Net Zero by 2050 – A Roadmap for the Global Energy Sector. IEA Publications.

Global CCS Institute (2021) Global Status of CCS 2021 Accelerating to Net Zero. Global CCS Institute, Melbourne, Australia.

Pale Blue Dot Energy (2020) Global Storage Resource Assessment – 2019 Update. 10365 GLOB-Rep-010-01. Pale Blue Dot Energy, UK.

SPE (2017) CO2 Storage Resource Management System. Society of Petroleum Engineers.

SPE (2022) Guidelines for Applications of the CO2 Storage Resource Management System. Society of Petroleum Engineers.