HOUSTON, Texas (15 July 2024) – TGS, a global provider of energy data and intelligence, announces early access to a comprehensive carbon storage assessment dataset along the Texas and Louisiana Gulf Coast, covering the available GLO lease blocks. This evaluation will help prospective bidders maximize their bid accuracy, optimize project costs and drive sustainable growth in the CCS sector.
Scheduled for release in early August, the carbon storage assessment is constructed from the largest subsurface library in the world comprising formation tops, petrophysically interpreted logs, and reservoir property maps, including the maximum carbon storage volume per formation. All deliverables are workstation ready to accelerate the exploration and site selection phase for generating bids.
Carel Hooijkaas, EVP of New Energy Solutions at TGS said, "This workstation-ready data, specifically designed to provide carbon storage volumetrics and risks, underscores our commitment to facilitating informed decision-making and promoting sustainable carbon storage solutions across the Texas Gulf Coast. Participants in the GLO Lease Round can expect to leverage TGS data to navigate complexities and seize promising opportunities in carbon capture and storage."
TGS Gulf Coast CO2 Storage Assessment and overlap of the available GLO CCS lease blocks.
For more information on how our data can enhance your strategy in the Texas GLO CCS Lease Round, please visit Carbon Capture and Storage Suitability Assessment (tgs.com).
About TGS
TGS provides advanced data and intelligence to companies active in the energy sector. With leading-edge technology and solutions spanning the entire energy value chain, TGS offers a comprehensive range of insights to help clients make better decisions. Our broad range of products and advanced data technologies, coupled with a global, extensive and diverse energy data library, make TGS a trusted partner in supporting the exploration and production of energy resources worldwide. For further information, please visit www.tgs.com.
For media inquiries, contact:
Jaclyn Townsend
VP, Marketing
jaclyn.townsend@tgs.com