Concurrent 9. Oral Presentation for: Implementing SRMS in the North Perth Basin: challenges and practical solutions
HongFeng Wu A *A Molyneux Advisors Pty Ltd, 45 Ventnor Avenue, West Perth, WA, Australia.
The APPEA Journal 63 - https://doi.org/10.1071/AJ22330
Published: 2 June 2023
Abstract
Presented on Tuesday 16 May: Session 9
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.
To access the Oral Presentation click the link on the right. To read the full paper click here
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. |
