Project goal
Client
Oil and gas operator
Asset
- Existing separated industrial CO2 source
- Long term experience with gas production and injection
- Depleted oil and gas reservoirs with proven cap rocks
Location
Onshore Australia
The primary objective of the Monitoring & Verification (M&V) plan is to confirm long term containment of the stored CO2 within the storage complex. CO2Tech was tasked to provide an independent review of the Containment Risk Assessment and M&V Plan documents for the Regulators.
CO2Tech were also tasked to verify that the documents met the requirements of the statement of environmental objectives (SEO document) and the Australian Standard for geological storage of carbon dioxide (AS-ISO 27914:2019).
CO2Tech challenge
CO2Tech was tasked to independently review the containment risk analysis and M&V document to achieve the objectives below:
- Provide an independent review of the M&V Plan, including containment risk assessment, for Regulator
- Confirm that project risks are identified, and the M&V Plan adequately addresses the risks.
- Verify that the M&V Plan meets the requirements of the statement of environmental objectives: carbon storage.
- Review alignment of the M&V Plan with the intent of the Australian Standard for geological storage of carbon dioxide (AS ISO 27914:2019).
Why CO2Tech
CO2Tech have nearly 20 years of experience of delivering projects to the Australian Standard for geological storage of carbon dioxide (AS ISO 27914:2019).
CO2Tech have experienced technical experts that have actually worked on geological sequestration projects so can provide advice that is relevant to commercial CCS projects and ensure that the M&V plan was ‘fit-for purpose’.
Benefits
Independent verification
Technical experts provided independent verification of the application from initial screening to final submission.
Regulation compliance
Verified that the M&V Plan meets the requirements of the statement of environmental objectives: carbon storage and complies with the objectives of the Australian Standard for geological storage of carbon dioxide (AS ISO 27914:2019).
Time saving
Within two months the review was complete allowing the operator to expediate their plans for their carbon storage operations.
Safety assurance
Assured compliance through assessment against Australian standards and regulations.
What we did
CO2Tech extensively reviewed and provided recommendations on:
-
- The monitoring and verification plan
- The containment risk assessment
CO2Tech also reviewed other technical work and studies in support of the field development plan, risk assessment and M&V plan including:
- a geomechanical study,
- a geochemical study,
- a field development plan (including static and dynamic modelling),
- well integrity and remediation plans,
- a flow assurance study,
- the drilling and completion basis of design,
- and the injection well technical design.
The result
An independent review of the M&V Plan, including containment risk assessment, for Regulator
Confirmed that project risks were identified, and the M&V Plan adequately addresses the risks.
Verified that the M&V Plan meets the requirements of the statement of environmental objectives: carbon storage.
Verified that the M&V Plan meets the requirements of the statement of environmental objectives: carbon storage.
Why CO2Tech
CO2Tech has unrivalled practical experience in capturing CO2 from industrial emissions in Australia. It can leverage its unique access to advanced storage projects providing the crucial connection between carbon capture and permanent underground CO2 storage.
If you’re a manufacturer, refinery, ‘Safeguard Facility’, etc. that is impacted by the Safeguard Mechanism, contact us today to see how CO2Tech can assist in your next steps to tackle your emissions reduction.
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