SLB, a leading global oilfield service provider, has introduced a groundbreaking well integrity assessment solution designed to bolster carbon capture technology and contribute to the development of a low-carbon energy ecosystem. This innovative solution is crucial for advancing carbon storage projects, which often utilize retired oil and gas fields with numerous wells. These wells pose significant risks for carbon capture initiatives, as they can create pathways for the stored carbon to leak or escape.
SLB’s novel approach employs a cutting-edge methodology to quantify the probability and effects of potential carbon leakage. This allows customers to evaluate the risks associated with each well and implement strategies to mitigate them. The methodology incorporates an advanced failure mode effect and criticality analysis (FMECA), which helps identify potential leakage pathways, well barrier issues, and failure mechanisms. Additionally, the solution leverages SLB’s advanced multi-physics 3D modeling capabilities to create detailed simulations assessing the flow rates and quantity of brine and carbon leakage. These simulations provide project developers with a comprehensive understanding of the risks associated with leakage over time.
The economic implications of well integrity risks are significant. SLB recognizes that the costs associated with mitigating these risks can render carbon storage projects economically unviable. Their well integrity assessment solution addresses this challenge by identifying and evaluating risks in the early stages of project development. This proactive approach helps prospective developers avoid costly delays and disruptions, ultimately enabling them to achieve their net-zero targets.
SLB’s commitment to advancing carbon capture technology is a testament to their dedication to driving the energy transition. Their well integrity assessment solution provides a critical tool for ensuring the safe and sustainable development of carbon storage projects, paving the way for a more sustainable energy future.