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Geologic Heterogeneity and Economic Uncertainty of Subsurface Carbon Dioxide Storage
- Jason E. Heath (Sandia National Laboratories) | Peter H. Kobos (Sandia National Laboratories) | Jesse D. Roach (Sandia National Laboratories) | Thomas Dewers (Sandia National Laboratories) | Sean A. McKenna (Sandia National Laboratories)
- Document ID
- Society of Petroleum Engineers
- SPE Economics & Management
- Publication Date
- January 2012
- Document Type
- Journal Paper
- 32 - 41
- 2012. Society of Petroleum Engineers
- 3.7.1 Resource Potential, 2.5.1 Global Climate Change/CO2 Capture and Management, 3.2.4 Decision-Making Processes
- carbon dioxide, heterogeneity, economics, well injectivity, uncertainty
- 7 in the last 30 days
- 557 since 2007
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Subsurface storage of carbon dioxide (CO2) has geologic and economic uncertainties that must be addressed as part of a performance assessment. A model presented herein links uncertainty in geologic heterogeneity and associated well injectivity to variability in costs. This includes a novel averaging scheme for CO2 injectivity using geostatistical realizations of petrophysical properties and a systems-level model that includes costs of drilling and completion of injection wells. Using the Mount Simon formation in the Illinois basin, USA, as a test case, this analysis demonstrates how the underlying costs of CO2-subsurface-storage projects can be highly sensitive to geologic heterogeneity.
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