Houston, Texas – (22 November 2021) – Further to the announcement on 19 May 2021, TGS, a global provider of energy data and intelligence, today announced the launch of a new CO2Storage Atlas covering the southern U.S., in collaboration with consultancy firm Canadian Discovery Ltd.
The CO2 Storage Atlas, Southern U.S. Edition, is a subsurface classification dataset designed as a prospecting and technical assessment tool for potential carbon dioxide (CO2) storage and enhanced oil recovery potential in depleted reservoirs. The Atlas is delivered in a convenient web interface with interactive browse and query capability, bringing together critical analytics about new storage volumes and CO2 emitters.
The Atlas encompasses an area of over 87,000 square miles across Texas, Louisiana, and Mississippi, assessing over 7,000 potential storage resources using TGS’s national well databases and proprietary subsurface interpretation products. The Southern U.S. Edition provides consistent volumetrics with ranges and confidence at all productive stratigraphic levels across the region.
Katja Akentieva, Vice President of TGS New Energy Solutions, Western Hemisphere, said, “I am excited to announce that we are enabling further development of CCS infrastructure in the United States, ensuring that storage opportunities are assessed carefully and using the most comprehensive subsurface knowledge. Unlocking new storage capacity will be necessary in order to achieve a net-zero emissions world. We have identified and assessed over 2Gt of storage capacity which can be utilized by the emitting facilities, qualifying them for 45Q tax credit. Our solutions will provide stakeholders of the carbon capture value chain with significant time and cost savings.”
TGS provides scientific data and intelligence to companies active in the energy sector. In addition to a global, extensive and diverse energy data library, TGS offers specialized services such as advanced processing and analytics alongside cloud-based data applications and solutions. https://www.tgs.com
About Canadian Discovery Ltd.
Canadian Discovery Ltd. (CDL) is an independent, global energy information services company headquartered in Calgary, Alberta, Canada. As world leaders in reservoir- to basin-scale evaluation, we specialize in assessing subsurface properties, pressure, fluid flow, fluid chemistry and geomechanics. CDL’s extensive subsurface knowledge and GIS capabilities support Clean Technologies including Carbon Sequestration and Storage (CCUS), Critical Minerals, Geothermal Energy and Water Disposal and Sourcing Solutions. https://canadiandiscovery.com/