THREE60 Energy was engaged to undertake a detailed business feasibility study for a full-scale carbon capture and storage (CCS) field development on the Norwegian Continental Shelf (NCS).
Working as part of a multidisciplinary team alongside specialist G&G and seismic expertise, THREE60 assessed the technical, operational, commercial and regulatory requirements associated with developing and operating the project.
Challenge
The study required an integrated assessment of the complete CCS development, from subsurface storage performance and well design through to transportation, facilities, operations and commercial viability.
With multiple disciplines and interfaces involved, the challenge was to bring these considerations together to determine whether the proposed development could safely and effectively accommodate the required volumes of CO₂.
Solution
THREE60 delivered a multidisciplinary assessment covering licensing, G&G screening, reservoir and geomechanical modelling, drilling and well engineering, completions, well integrity, formation damage, fluids and chemistry.
The study also considered onshore facilities, subsea pipelines, operations, risk and HSE management, regulatory compliance and financial considerations, providing an integrated view of the requirements for full-scale development and operation.
Result
The study demonstrated the potential for the reservoir to accommodate 10 million tonnes of CO₂ injection per year, with an estimated total storage capacity of 12 billion tonnes of CO₂.
The integrated assessment provided the client with a comprehensive understanding of the technical and operational requirements for the proposed development and a stronger evidence base for evaluating the opportunity.
