Challenge
The client had concerns that initial well results indicated a highly compartmentalized reservoir, which could adversely affect the project’s viability. They requested an independent review to validate these findings before proceeding with the Final Investment Decision (FID).
Solution
Using bMark™, the team conducted an in-depth analysis to evaluate the reservoir signals. The review concluded that the observed data were more likely a result of heterogeneity rather than compartmentalization. Based on this insight, the team provided targeted surveillance recommendations to enhance monitoring and data collection.
Achievement
The independent evaluation reassured the client about the reservoir's potential, enabling them to confidently move forward with the FID. The tailored surveillance strategy positioned the client to optimize reservoir management and performance.
bMark™>CCS, Carbon Capture & Storage Screening Tool
CCS Screening with bMark™ CCS
The bMark™ CCS platform is rapidly gaining global traction in the field of Carbon Capture and Storage (CCS) screening and project evaluation. As organizations worldwide increasingly recognize the importance of sustainable practices, bMark™ provides a cutting-edge digital solution that simplifies the identification of optimal storage sites while adeptly navigating associated risks.
bMark™>CCS Key functionalities
With its proven benchmarking techniques, bMark™>CCS allows users to leverage invaluable geological insights and analytics on a global scale. By harnessing data insights, the bMark™>CCS software provides decision-makers with information regarding the risks and suitability of subsurface reservoirs for carbon storage, enabling operators to pinpoint sites with low risk and high potential, ready for development proposal.
Moreover, thorugh bMark™ Digital Workspace, multiple teams can seamlessly collaborate, breaking down traditional barriers that hindered effective communication in the past. From researchers and engineers to project managers and stakeholders, the platform ensures that all stakeholders are on the same page, guaranteeing a cohesive approach and faster decision-making processes. Overall, bMark™ is a valuable tool for building a CCS portfolio through access to global subsurface data on potential storage sites. By utilising bMark's capabilities, users can identify and assess suitable projects worldwide for CO2 storage investments.
Rod Clark, MD and founder of Belltree, reiterated the company’s commitment to supporting sustainable development in the energy sector and to leading the way in CCS project benchmarking to meet the demands of the climate challenge.
KeyFacts Energy Industry Directory: Belltree