ICE 2022 Short Course

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Carbon Capture and Storage Course – Application of Oil and Gas Industry Skills to Subsurface Carbon Storage and Carbon Trading Economy

Friday, 22 April 2022, 10:00 a.m.–4:00 p.m. | Cartagena, Colombia

Who Should Attend

Geoscientists
Petroleum engineers
Petroleum Economists
Regulatory agencies
National environmental and energy authorities
Media

Objectives

Gain an understanding of both a technical approach to, and economic attractiveness of, subsurface decarbonization projects to geoscience, engineering, and economic professionals, companies, and national entities.
Map petroleum geoscience skills to the needs of the CCS/CCUS industry
Get introduced to a practical path to profitable net-zero operations, with a positive impact on Social, Environmental, and Government priorities.
Understand the economy of carbon credits and their relevance to the economy and development of subsurface decarbonization projects.

Course Content

Part One - Carbon Subsurface Storage

Welcome and introduction to the geotechnical workflows and methodologies in Subsurface Carbon Storage projects.

Key Questions to be Addressed:

What geotechnical workflows and project best practices already established in the oil and gas industry are applicable in CCS/CCUS subsurface characterization?
What is the value of new and existing standard geologic and geophysical data?
What is the value of the CCS projects for carbon-neutral/negative oil and gas operating companies?
What are the time frames of CCS projects?

10:00-10:15	Introduction to the course, instructors, course agenda, and key G&G concepts. Instructor: Juan F. Arminio
10:15-11:00	SESSION 1: Best Practices for Identification of Geologically-Appropriate Sites for Injection and Understanding the Risks and Uncertainties in Container-Capacity Instructors: Kevin Schofield & Katya Casey
11:00- 11:45	SESSION 2: Stage-Gate Processes for Managing Capital-Intensive Injection Projects Instructor: Kevin Schofield
11:45-12:30	Lunch: Moderated session over lunch assessing opinion of the audience on the challenges and opportunities for CCS industry in Latin America
12:30-1:00	SESSION 3: Geoscience Data Collection for Container Characterization: Lab-Based Rock, Pressure & Fluid Analytics, and Use of Geophysical Legacy Data Instructors: Katya Casey & Marel Sanchez

Part Two - Decarbonization Business Model and Carbon Credits Trading

The market development for decarbonization projects is poorly understood and is unevenly developing around the world. Lessons learned from numerous projects will be presented, addressing the following key points:

What benefits can be derived from CCS/CCUS projects in South America in particular?
What are the advances of regulation and government participation in CCS/CCUS initiatives?
How can O&G corporations, governments, and individuals participate and benefit from carbon credit trading?
What are the business drivers for oil and gas operators to develop CCS/CCUS projects?
What is the role of technology in decarbonization?

1:00-2:00	SESSION 4: Insights Into Blockchain-Powered Carbon Credit Lifecycle Management Instructor: Slavo Pastor
2:00-2:30	SESSION 5: Injection site preparation, monitoring, and management Instructor: Nestor Danilo Vasconez
2:30-2:45	Coffee Break
2:45-4:00	SESSION 6: Panel of Subject Matter Experts Q&A Informal Discussion about Environmental, Social, and Economic Impacts of an Anticipated Global Surge of Decarbonization Projectsn as well as Opportunities and Risks.