AAPG Carbon Capture, Utilization, and Storage Conference

Plan now to attend AAPG’s Carbon, Capture, Utilization, and Storage (CCUS) Conference. Themed “An Emerging Field for Petroleum Geologists,” the online conference will highlight current CCUS work and address related challenges, including:

• Subsurface Geologic Storage
• Storage Associated with CO₂ EOR
• Reservoir Monitoring and Risk Assessment
• Case Studies
• Industry Applications
• Economics, Incentives, and Policy

Speakers will represent research institutions, universities, and industry. The work presented at the conference will demonstrate the ongoing need for skilled petroleum geologists and engineers to help define the future of carbon management.

The maturing carbon market is a major driver for deployment of carbon capture, utilization, and storage (CCUS) projects. Both the subsurface technical knowledge and related data sets of the petroleum industry are major inputs required for the world to successfully move towards a carbon-neutral and sustainable energy future. CCUS has experienced growing interest over the past two decades, due to the desire to reduce CO₂ emissions and to make industrial sources more environmentally sustainable.

More recently, policy instruments such as the expanded Section 45Q federal tax credits—up to $35 per tonne for EOR and $50 for geologic storage—and carbon credit mechanisms such as California’s Low Carbon Fuel Standard (LCFS) are providing opportunities that offset deployment costs and can result in CCUS being a potentially profitable enterprise.