
Carbon Dioxide Sequestration
MEO owns computer systems design for sophisticated geological analysis and mapping.
The company's geophysicist has conducted a review of the extensive 2D seismic over
the exploration permits NT/P47 and NT/P48, and examined the well logs for each of
the wells in and around those permits. This review was aimed at the identification
of a suitable reservoir for carbon dioxide sequestration with a substantial
overlaying regional seal.
MEO has identified and mapped such a reservoir and seal. The candidate appears
to be Maastrichtian sandstones of the Turnstone Formation encountered in the
Evans Shoal-1 and 2 wells. In Evans Shoal-2 a 80 metre thick massive sandstone
was revealed between 1670 and 1750 m bdf. This sandstone is termed the Turnstone
Formation, which we believe is equivalent to the Lynedoch Formation and the Puffin
Formation of the Ashmore Cartier region. The lowest sandstone occurs beneath a
thick shale section of 60 to 80 m, which could provide a regional seal.
The seismic demonstrates NE-SW faults in the area of the Evans Shoal gas accumulation.
It is evident that the faults are offsetting these sandstones and may provide potential
leakage points for carbon dioxide. However, there is a large area to the southwest
of over 100km˛ that appears unfaulted. The seismic suggests that the sandstone and
regional seal encountered in the Evans Shoal wells may be laterally extensive.
The seismic lines demonstrate the correlation of the lower Turnstone Formation sandstone.
MEO is seeking to quantify the volumes of carbon dioxide that could be disposed
in the Turnstone Formation and estimate the risk that gas could escape the
saline aquifer through faults. CSIRO has been engaged to review the work already
conducted by our geophysicist, provide an opinion as to the technical merit of
the target sandstone and any substantial problems in principle with the approach.
Additionally, CSIRO will conduct reservoir modelling and volumetric calculations.
A range of CO2 daily injection rates have been provided and the
potential volume of CO2 possible for re-injection is to be established.
While this investigation is clearly being targeted for the Tassie Shoal
project and the potential for the gas producers to supply domestic gas
to Darwin, the findings of the study and the expertise developed could
be applied to many other projects.
Corporate I
Latest News I
Projects I
About Methanol I
About LNG
Environmental Impact Statement I
Q & A I
Contact Us I
Stock Price
|