This 1-day virtual course introduces participants to the technical and business aspects of Carbon Capture and Storage (CCS) projects and to the decarbonization business model and its environmental, social and economic impacts on the global economy.
Application of Oil and Gas Industry Skills to Subsurface Carbon Storage and the Carbon Trading Economy is a one-day virtual short course providing insight into both the technical and business aspects of Carbon Capture and Storage.
The course has two primary components – an introduction to geotechnical workflows and methodologies in subsurface carbon storage projects and a review of the decarbonization business model and key technologies – and is comprised of a series of lectures and a closing panel discussion.
All sessions will be delivered in English.
Module I: Carbon Subsurface Storage
Introduction to the geotechnical workflows and methodologies in Subsurface Carbon Storage projects.
Key Questions to be Addressed
- What geotechnical workflows and project best practices already established in the oil and gas industry are applicable in CCS/CCUS subsurface characterization?
- What is the value of new and existing standard geologic and geophysical data?
- What is the value of the CCS projects for carbon-neutral/negative oil and gas operating companies?
- What are the time frames of CCS projects?
Module II: Decarbonization Business Model and Key Technologies
Overview of the market for decarbonization projects, which are developing unevenly around the world, and of lessons learned from existing projects.
Key questions to be addressed:
- What benefits can be derived from CCS/CCUS projects in South America?
- What are the advances of regulation and government participation in CCS/CCUS initiatives?
- How can O&G corporations, governments, and individuals participate and benefit from carbon credit trading?
- What are the business drivers for oil and gas operators to develop CCS/CCUS projects?
- What is the role of technology in decarbonization?
Course Schedule
Course times are listed in U.S. Central Daylight time, GMT -5.
| 8:00-8:15 |
Introduction to the course, instructors, course agenda, and key G&G concepts.
Juan F. Arminio |
| Part I: Carbon Subsurface Storage |
| 8:15-8:45 |
Session 1A: Best Practices for Identification of Geologically-Appropriate Sites for Injection and Understanding the Risks and Uncertainties in Container Capacity – Regional Scale
Kevin Schofield and Katya Casey |
| 8:45-9:15 |
Session 1B: Injection Site Characterization and Understanding of the Risks and Uncertainties in Container Capacity
Kevin Schofield |
| 9:15-9:30 |
BREAK |
| 9:30- 10:25 |
Session 2: Stage-Gate Processes for Managing Capital-Intensive Injection Projects
Kevin Schofield |
| 10:25-10:30 |
BREAK |
| 10:30-11:00 |
Session 3A: Global Status of CCS, Methodologies in Data Collection. Geoscience Data Collection on a Regional Scale
Katya Casey |
| 11:00-11:30 |
Session 3B: Geoscience Data Collection for Injection Site and Container Characterization and Monitoring of the Injection Site. EPA Databases of Abandoned Well Locations
Katya Casey |
| 11:30-12:30 |
LUNCH |
| 12:30-13:30 |
Session 3C: Seismic Data Definitions, Data Acquisition, Seismic Data Analysis and Modeling in Site Characterization and Monitoring
Marel Sanchez |
| Part II – The Decarbonization Business Model and Key Technologies |
| 1:30-1:45 |
BREAK |
| 1:45-2:30 |
Session 4A: Best Practices in CCS Project Delivery. (How to Avoid Common Mistakes.)
Kasbulat Shogenov |
| 2:30-3:30 |
Session 4B: Basic Concepts and Rationale of Carbon Credits, Their Properties for Trading (Regulated and Unregulated), and Associated Business Models. Role of Different Technologies in Carbon Credits Trading
Slavo Pastor |
| 3:30-3:45 |
BREAK |
| 3:45-4:30 |
Session 5: Moderated Q&Amp;A for All Speakers. Informal Discussion of Environmental, Social, and Economic Impacts of an Anticipated Global Surge of Decarbonization Projects. Opportunities and Risks |