OPC analysed the commercial suitability of a gas field for carbon capture and storage (CCS)
A leading independent oil and gas operator requested OPC to investigate assess gas reservoirs for the application of Carbon Capture and Storage. OPC performed modelling of the client’s assets to understand the practical CO2 storage capacity and appraised the geomechanics of the reservoir.
OPC performed an assessment of the facilities to develop an understanding of the capital and operating expenditure of storing CO2 and provided commentary on the economics of Carbon Capture and Storage. This enabled us to outline to the client the cost of injecting and storing one tonne of CO2 under a number of scenarios. Adding to this, OPC provided commentary describing the commercial and regulatory environment of Carbon Capture and Storage to put costs into context.