Promethean Energy, Enovate AI and POOLE Oil & Gas Services have announced a strategic partnership to advance responsible offshore platform decommissioning, artificial intelligence applied from reservoir to the wellhead, and advanced production and process flow optimisation work
They are working to devise a new model that combines Artificial Intelligence, reservoir analytics, and Carbon Capture & Sequestration to push the boundaries of just platform removal to repurposing it. The partners are looking at this strategically in terms of tackling decommissioning liabilities as it will potentially extend value, reduce costs and improve operational efficiency across the Gulf of America.
The region is anticipated to become one of the largest carbon storage hubs on the planet as it is currently one of the biggest industrial carbon emittors in the world, thanks to its innumerable refineries, petrochemical plants, LNG facilities, power generation facilities and offshore depleted reservoirs. This makes way for a largely untapped storage potential for captured CO2.
When it comes to abandoned reservoirs, repurposing to a CO2 injection and monitoring facility instead of decommissioning promotes sustainability while saving costs significantly. Existing assets that can be converted includes platform structures, subsea pipeline systems, monitoring and instrumentation systems, while wellbores can be transformed to injection wells.
The Gulf of America is especially well suited to adopt the CCS transition as it is already looking towards a vast network of offshore infrastructure and established pipeline corridors.