Parametric Study to Assess Technical Prospect Feasibility for Offshore CO 2 Storage

Abstract

This report is a white paper on the parametric study to assess technical prospect feasibility for CO 2 storage with and without CO 2 -EOR. The SECARB Offshore GOM team reviewed key parameters that previous modeling experience suggests have the largest impact on CO 2 plume size and CO 2 -EOR performance (SSEB, 2019) These parameters include tectonic impacts (reservoir dip and fault block size), reservoir properties (permeability) and development strategies (well field payout, waterflood, and CO 2 flooding strategies). These parameters are further evaluated in this study in order to identify upper and lower boundary conditions for the parametric values. The boundary conditions are needed to set constraints for key parameters when performing modeling assessments. Understanding the key parametric values for the GOM will facilitate locating successful offshore carbon capture utilization and storage (CCUS) projects in terms of plume size, CO 2 stored and, in the case of EOR, oil recovery. Importantly, this white paper focuses on both technical factors (geologic and engineering), but does not address economic, commercial, or stakeholder considerations. The report is organized into four sections and includes a review of the datasets used to define the parameter ranges, the results of a full-physics reservoir simulation, a summary of a reduced order modeling approach to evaluate the impact of the study parameters, and, finally, a discussion of the work that will occur during the next phase of the project.