The Energy Transition
Carbon Capture and Sequestration (CCS)
Carbon sequestration will be a critical part of the transition to Net Zero emissions and is a fast-growing part of the energy industry. The reservoir evaluation skills required to understand the storage capacity and producibility of a hydrocarbon reservoir are just as important for the evaluation and monitoring of reservoirs suitable for carbon sequestration. CCS is still in the early stages and enormous increases in capacity will be needed in the coming decades.
Geothermal energy is one of the most reliable sources of clean energy. As the energy industry transitions to Net Zero emissions, geothermal energy will be a fast growing component of the energy mix. As with CCS, advanced formation evaluation techniques developed for hydrocarbon production will need to be adapted and implemented as the available geothermal sources get deeper, more complex and harder to access.
The LPS will be publishing a series of articles on Petrophysics in the Energy Transition, the first of which, on geothermal energy, can be found in the May 2022 news letter.