Craig A. Lewis¹

(1) Chevron Petroleum Technology Company, Houston, TX

ABSTRACT: Progress Report - CO2 Capture Project (CCP) Joint Industry Project

Global Warming will have a profound impact on the fossil fuels energy business, both in terms of increased costs, but also new, profitable business opportunities for earth scientists and engineers. The subject joint industry project (JIP), has now completed one year of intensive work planning efforts. Detailed work plans have been developed for this $24 million USD, 3.5 year technology development effort. The JIP's business objectives include the following: a) significantly reduce the cost of CO2, separation for capture from exhaust stacks, b) further develop downhole disposal technology (CO2 sequestration, monitoring and verification, or SMV), and c) demonstrate to the public, governments, and environmental non-governmental organizations that the technology is safe and effective.

Significant R&D is ongoing in the SMV area worldwide. However, the CCP JIP's SMV Technical Team found there are significant technical areas that need to be further developed. These areas will be the focus of the SMV Team funding, and these include: a) Long-Term Verification and Monitoring Tools (seismic, gravity, airborne surveys, etc.), and b) Health, Safety & Environmental Risk Assessment Methodology.

In early 2001, detailed work plans were completed, and third party technology providers have been engaged by the JIP to further develop the JIP's high-priority tech gaps identified above. This paper will highlight the lessons learned, the process to engage the technology providers, and the initial technology programs that are already underway. Finally, the paper will share some of the results of the R&D work.

AAPG Search and Discovery Article #90906©2001 AAPG Annual Convention, Denver, Colorado