Viridien releases latest phase of Gulf of Mexico Carbon Storage Study to support upcoming lease rounds
Viridien has released phase 2 of its GeoVerse™ Carbon Storage Screening Study of the Gulf of Mexico, following the successful delivery of phase 1 last year. This comprehensive study complements Viridien's multi-client seismic data, providing extensive subsurface data coverage over the US Gulf of Mexico shallow waters and coastal areas. The timely release aims to accelerate the screening process for identifying high-potential areas in upcoming carbon sequestration lease offerings by the Texas General Land Office and School Land Board.
The full product offers an integrated package of interactive ArcGIS-compatible screening maps, digitized well data, and merged legacy seismic data across the Gulf of Mexico basin's shallow water shelf. This region contains several large-scale aquifer stores throughout the stratigraphic section, making it a key area of interest for the CCUS industry.
Viridien ha rilasciato la fase 2 del suo Studio di Screening per lo Stoccaggio del Carbonio GeoVerse™ del Golfo del Messico, a seguito della consegna riuscita della fase 1 lo scorso anno. Questo studio completo si aggiunge ai dati sismici multi-cliente di Viridien, fornendo un'ampia copertura dei dati sottosuperficiali nelle acque poco profonde e nelle aree costiere del Golfo del Messico. Il rilascio tempestivo mira a accelerare il processo di screening per identificare le aree con alto potenziale nelle imminenti offerte di locazione per la sequestrazione del carbonio da parte del Texas General Land Office e della School Land Board.
Il prodotto completo offre un pacchetto integrato di mappe di screening interattive compatibili con ArcGIS, dati di pozzi digitalizzati e dati sismici storici fusi attraverso il bacino del Golfo del Messico e il suo shelf d'acqua poco profonda. Questa regione contiene diversi grandi acquiferi distribuiti nel ciclo stratigrafico, rendendola un'area chiave di interesse per l'industria CCUS.
Viridien ha lanzado la fase 2 de su Estudio de Selección de Almacenamiento de Carbono GeoVerse™ en el Golfo de México, tras la exitosa entrega de la fase 1 el año pasado. Este estudio integral complementa los datos sísmicos de múltiples clientes de Viridien, proporcionando una amplia cobertura de datos subterráneos sobre las aguas poco profundas y las áreas costeras del Golfo de México. El lanzamiento oportuno busca acelerar el proceso de selección para identificar áreas de alto potencial en las próximas ofertas de arrendamiento para la secuenciación de carbono por parte de la Oficina General de Tierras de Texas y la Junta de Tierras de la Escuela.
El producto completo ofrece un paquete integrado de mapas de selección interactivos compatibles con ArcGIS, datos de pozos digitalizados y datos sísmicos históricos fusionados en la plataforma de aguas poco profundas del Golfo de México. Esta región contiene varios grandes acuíferos a lo largo de la sección estratigráfica, lo que la convierte en un área clave de interés para la industria CCUS.
Viridien은 멕시코만의 GeoVerse™ 탄소 저장 스크리닝 연구의 2단계를 발표했으며, 이는 지난해 진행된 1단계의 성공적인 배포에 이어 이루어진 것입니다. 이 포괄적인 연구는 Viridien의 다중 클라이언트 지진 데이터와 보완되어, 미국 멕시코만의 얕은 수역과 연안 지역에 대한 광범위한 지하 데이터 커버리지를 제공합니다. 시기적절한 발표는 텍사스 일반 토지국 및 학교 토지 위원회의 향후 탄소 포집 임대 제안에서 잠재력이 높은 지역을 식별하는 스크리닝 프로세스를 가속화하는 것을 목표로 하고 있습니다.
전체 제품은 ArcGIS 호환 인터랙티브 스크리닝 맵, 디지털화된 우물 데이터 및 병합된 기존 지진 데이터를 포함하는 통합 패키지를 제공합니다. 이 지역은 여러 대규모 관개 저수지를 포함하고 있어 CCUS 산업에 관심이 높은 핵심 지역으로 자리 잡고 있습니다.
Viridien a publié la phase 2 de son Étude de Sélection pour le Stockage du Carbone GeoVerse™ dans le Golfe du Mexique, suite à la livraison réussie de la phase 1 l'année dernière. Cette étude complète complète les données sismiques multi-clients de Viridien, fournissant une large couverture des données sous-supérieures sur les eaux peu profondes et les zones côtières du Golfe du Mexique. Le lancement en temps voulu vise à accélérer le processus de sélection pour identifier les zones à fort potentiel dans les prochaines offres de location pour la séquestration du carbone par le Texas General Land Office et la School Land Board.
Le produit complet propose un package intégré de cartes de sélection interactives compatibles avec ArcGIS, données de puits numérisées, et données sismiques historiques fusionnées dans le bassin des eaux peu profondes du Golfe du Mexique. Cette région contient plusieurs grands aquifères à travers la section stratigraphique, ce qui en fait une zone clé d'intérêt pour l'industrie CCUS.
Viridien hat Phase 2 seiner GeoVerse™ Carbon Storage Screening-Studie im Golf von Mexiko veröffentlicht, nach der erfolgreichen Übergabe von Phase 1 im vergangenen Jahr. Diese umfassende Studie ergänzt die multikundenspezifischen seismischen Daten von Viridien und bietet umfangreiche unterirdische Datenabdeckung über die flachen Gewässer und Küstengebiete des Golf von Mexiko. Die zeitgerechte Veröffentlichung soll den Screening-Prozess zur Identifizierung von hochpotenziellen Gebieten bei zukünftigen Angeboten zur Kohlenstoffspeicherung durch das Texas General Land Office und das School Land Board beschleunigen.
Das vollständige Produkt bietet ein integriertes Paket aus interaktiven, ArcGIS-kompatiblen Screening-Karten, digitalisierten Bohrdaten und fusionierten historischen seismischen Daten im flachen Wasserspeicher des Golf von Mexiko. Diese Region enthält mehrere großflächige Aquiferspeicher in der stratigraphischen Schicht, was sie zu einem wichtigen Interessengebiet für die CCUS-Industrie macht.
- Release of comprehensive carbon storage screening study for Gulf of Mexico
- Timely delivery to support upcoming carbon sequestration lease rounds
- Integrated package of interactive maps, well data, and seismic data
- Potential to accelerate identification of high-potential carbon storage areas
- None.
Insights
Viridien's release of phase 2 of its GeoVerse™ Carbon Storage Screening Study for the Gulf of Mexico is a strategic move in the evolving Carbon Capture, Utilization and Storage (CCUS) market. This study's timing aligns with upcoming carbon sequestration lease rounds, potentially giving Viridien a competitive edge in data provision.
The comprehensive nature of the study, combining seismic data, screening maps and digitized well data, positions Viridien as a key player in the CCUS data market. This could lead to increased revenue streams from licensing agreements with operators looking to enter the Gulf of Mexico carbon storage space.
However, the long-term financial impact remains uncertain, as it depends on the adoption rate of CCUS technologies and the success of carbon storage projects in the region. Investors should monitor industry trends and regulatory developments to gauge the potential return on Viridien's investment in this study.
The release of Viridien's Carbon Storage Screening Study is a significant development for the CCUS industry in the Gulf of Mexico. This comprehensive data package could accelerate the implementation of carbon storage projects, aligning with global efforts to reduce greenhouse gas emissions.
The study's timing is crucial, coinciding with upcoming lease rounds by the Texas General Land Office. This could expedite the selection process for high-potential storage sites, potentially leading to faster project approvals and implementations.
However, the success of CCUS projects hinges on various factors beyond data availability, including regulatory frameworks, economic incentives and public acceptance. Investors should consider these broader contextual factors when evaluating the long-term impact of Viridien's study on the CCUS landscape in the Gulf of Mexico region.
Viridien releases latest phase of Gulf of Mexico Carbon Storage Study to support upcoming lease rounds
Paris, France – August 28, 2024
Viridien has released phase 2 of its GeoVerse™ Carbon Storage Screening Study of the Gulf of Mexico after the successful delivery of phase 1 last year. The final product complements Viridien’s multi-client seismic data to provide comprehensive subsurface data coverage over the US Gulf of Mexico shallow waters and coastal areas. Its timely delivery will accelerate the screening process to identify the high-potential areas on offer in the upcoming Texas General Land Office and School Land Board Request for Proposals for several carbon sequestration leases.
Both phases of the screening study are available for licensing now. The full product provides a unique integrated package of interactive ArcGIS-compatible screening maps, digitized well data and merged legacy seismic data across the attractive shallow water shelf of the Gulf of Mexico basin where several large-scale aquifer stores are available throughout the stratigraphic section.
Dechun Lin, EVP, Earth Data, Viridien, said: “This new Gulf of Mexico study is located over a key area of interest for the CCUS industry with a number of licenses already offered for carbon storage and more licensing rounds to come. With our growing footprint of screening studies in the world’s most promising regions, we are helping to address the global industry challenge of accelerating CCUS with our subsurface data, data science and geoscience expertise. Viridien is committed to helping operators to identify the areas with the most potential by providing a robust and globally consistent approach to carbon storage screening.”
Request a brochure about Viridien’s Gulf of Mexico Carbon Storage Study here.
About Viridien:
Viridien (www.viridiengroup.com) is an advanced technology, digital and Earth data company that pushes the boundaries of science for a more prosperous and sustainable future. With our ingenuity, drive and deep curiosity we discover new insights, innovations, and solutions that efficiently and responsibly resolve complex natural resource, digital, energy transition and infrastructure challenges. Viridien employs around 3,500 people worldwide and is listed as VIRI on the Euronext Paris SA (ISIN: FR001400PVN6).
Contacts
| Investor Relations Jean Baptiste Roussille Tel: + 33 6 14 51 09 88 E-Mail: jean-baptiste.roussille@viridiengroup.com |
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