HOUSTON, Texas (20 September 2024) – TGS, a global leader in energy data and intelligence, announces the launch of the Gulf Coast CO2 Storage Assessment package.
Spanning 70 million acres across the Texas and Louisiana Gulf Coast, this assessment offers essential insights that streamline storage evaluations and guide strategic decisions. With data from 9,000 wells and evaluations of 22 key geologic formations, TGS provides comprehensive formation top and petrophysical interpretations. These findings are seamlessly integrated into advanced workstation environments, equipping decision-makers with actionable information for informed strategic planning.
Carel Hooijkaas, EVP of New Energy Solutions at TGS, commented, "This assessment package is a game-changer for the industry, providing unparalleled data coverage and expert analysis to identify the most viable reservoir and seal formations for CO₂ storage. Leveraging our extensive well log library and deep subsurface expertise, we are uniquely positioned to support carbon sequestration efforts across the Gulf Coast and beyond." The Gulf Coast CO2 Storage Assessment is strategically aligned with the recent Texas General Land Office CCS Lease Sale along the Texas coast providing unmatched data opportunities for carbon storage evaluation. https://www.tgs.com/carbon-capture-and-storage/storage-prospecting/texas-glo-license-round
TGS’ initiatives feature a well-structured stratigraphic framework, comprehensive petrophysical analysis, and visual log curves, alongside extensive regional mapping of storage properties and volumetric visualizations. By extending our coverage to the Gulf Coast and neighboring regions such as Arkansas, Mississippi and Alabama, this assessment equips stakeholders with the essential data necessary for planning and executing carbon sequestration strategies in the rapidly evolving landscape.
Gulf Coast Storage Assessment package provides attribute maps for a whole suite of key reservoir properties for all evaluated storage formations as well as detailed stratigraphic architecture insights across the basin.
Geographic extent of the analysis with other available TGS data in the region.
For more information on how our data can enhance your carbon storage strategy in the Gulf Coast, visit https://www.tgs.com/carbon-capture-and-storage/storage-prospecting.
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 (https://www.tgs.com/).
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Bård Stenberg
IR & Business Intelligence
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