Derisking CCS Projects Through Proper MMV Planning

CO2 carbon capture and storage (CCS) projects will play a key role in achieving carbon neutrality and net-zero emissions targets, to mitigate climate change. For successful CO2 subsurface storage, risk analysis and Measurement, Monitoring, and Verification (MMV) plans are critical for achieving safety, efficiency, and effectiveness. However, long-term surveillance using solutions such as observation wells and 4D seismic can incur substantial expenditure. To ensure the economic viability of CCS initiatives, we need to explore ways to identify and prioritize potential risks associated with CO2 sequestration and enable implementation of cost-effective MMV design. 
 
In this webinar, we’ll share insights about model-driven derisking approaches developed to support strategic decisions on selection of MMV technologies.  Focusing on areas at risk and on areas where attributes changes are detectable, number, location and frequency of measurements acquisition can be optimized to achieve MMV plans cost-effectiveness.