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SPE’s CO2 Storage Resources Management System

Sunday, 22 September
Training Course

Disciplines: Health, Safety, Environment, and Sustainability | Reservoir

Instructors: W. John Lee

This is the official CSRC approved course. 

The CO2 Storage Resources Management System (SRMS) provides a classification and categorization system that reflects geologic certainty and project maturity of storable quantities. This short course explains the classes used to indicate the level of project maturity, which is indicative of data available for the assessment. The Storage Capacity indicates the highest level of project maturity, while Prospective Storage Resources is the class for undiscovered storage resources, with the lowest level of project maturity. The categories indicate geologic certainty, e.g. P90 and P10. The course includes discussions of commercial evaluation of storage projects and estimating CO2 storable quantities, with examples.

The SRMS gives owners, stakeholders, and financiers common terminology and methods to compare commercial projects designed to develop Storage Resources to Storage Capacity.

The course follows the 2017 SRMS closely with enhancements made from the 2021 SRMS Guidelines.

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