Carbon Sequestration and Storage
Carbon sequestration and storage, also known as CCUS or CCS, is a global effort where energy providers and industrial facilities are working to reduce the release of carbon emissions (CO2) into the atmosphere to combat climate change.
Carbon Sequestration and Storage is the process by which captured carbon is injected into subsurface geology to be removed from the atmosphere and permanently disposed into porous formations.
- Strategic Viability of Potential Sequestration Projects
- Initial Geology Evaluation
- Initial Plume Model
- Strategic Mapping (Source Emitters, Geologic Formations, Surface Ownership)
- Carbon Sequestration Geologic Site Characterization
- Geologists
- Geoscientists
- Petrophysicists
- Geophysicists
- Petroleum Engineering
- Reservoir Engineering and Plume Modeling
- Wellbore Engineering and Design
- Drilling and Completion Services
- Well Life-Cycle Maintenance and Testing Services
- Plug and Abandonment Services
- Mapping and GIS Professionals
- Regulatory Expertise and Support
- Project Cost Estimates and Economics
- Project Management
IRS 45-Q Project Advisement (Non-Tax Code Related)
With the advent of IRS Code 45Q, the United States is now poised to lead the world in the production of cleaner energy, greener petroleum products, eco-friendlier food processing, and more sustainable industrial processes.
IRS 45-Q provides economic incentives to encourage the accelerated development of carbon sequestration projects throughout the United States.
- Determination of Qualifying IRS Requirements
- Advise on Implementation Strategies
- Regulatory Planning
- Scheduling
- Target Sources
- Facilitate Management and Investor Understanding