We’ve Got You Covered for UK Carbon Storage License Awards

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The first UK carbon storage licenses were offered for award yesterday. PGS congratulates the 12 companies who were offered the licenses.

In total, 20 offshore carbon storage licenses were awarded, covering an area of around 12 000 sq. km in the southern North Sea, central North Sea, northern North Sea and East Irish Sea. The storage reservoirs are in a mixture of saline aquifers and depleted oil and gas fields.

According to North Sea Transition Authority (NSTA), "The licenses include a range of geological store types and were selected following a process which considered attributes such as the geology, proximity to existing infrastructure and links to industrial clusters which require carbon storage to help meet their decarbonization goals."

PGS has modern GeoStreamer data and newly rejuvenated data suitable for carbon storage site characterization in the awarded areas. These surveys enable companies to efficiently assess areas and comply with the approved work programs.

Nick Lee, Subsurface Manager, PGS New Energy says, "Alongside existing data, PGS can offer solutions for assessing MMV (monitoring, measurement and verification) feasibility and planning.  PGS can also meet the needs of companies seeking to improve their existing data through our state-of-the-art reprocessing capabilities, which we have recently applied to improve the imagining of the Triassic carbon storage complex in the Southern North Sea.  In 2022 PGS also delivered bespoke 3D seismic acquisition over flagship greenfield CCS projects (Northern Lights, Smeaheia and Endurance) and will be acquiring more data over a new project for an operator in Norway in 2023."

To arrange a data show or to discuss further needs, please contact Europe.info@pgs.com or your PGS sales manager.

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Please contact a member of our Europe team for more information.