Published by Todd Bush on August 25, 2023
HOUSTON, Texas (24 August 2023) – TGS, the leading global provider of energy data and intelligence, proudly announces the expansion of its Carbon AXIOM platform, an advanced CCS site screening and storage assessment tool. The extension now encompasses a vast 62 million acres across the southern United States.
>> In Other News: TGS Acquires Prediktor
The Carbon AXIOM expansion will offer the states of Arkansas, Mississippi and Alabama critical subsurface intelligence, including intermediate stratigraphy deliverables and carbon storage volumetrics for those seeking to sequester carbon. The upper Gulf Coast region harbors promising aquifer sequences within the Jurassic, Cretaceous, and Eocene strata. This expansion will also chart potential storage avenues through meticulous well-based interpretations and volumetrics calculations.
Jan Schoolmeesters, EVP of Digital Energy Solutions at TGS, commented: "We are proud to unveil this significant enhancement to our CCS capabilities through Carbon AXIOM. The expansion of this platform exemplifies TGS' commitment to enhancing subsurface data and harnessing our data management expertise to help drive carbon-intensive sectors toward innovative energy diversity solutions. With our groundbreaking technology, extensive subsurface data library, and profound geological acumen, we help customers and partners make more informed decisions about their CCS journeys spanning from initial capture to secure containment."
Carbon AXIOM is a unique web-based platform enabling comprehensive screening for potential CO2 storage opportunities within the area of interest through seamless integration of subsurface assessments for storage resources with surface infrastructure information. Leveraging its extensive well log and seismic data library, TGS’ Carbon AXIOM equips CCS explorers with indispensable insights for strategic, long-term decision-making regarding optimal sites for carbon sequestration, irrespective of emission quantum or origin.
Carbon AXIOM’s robust workflows seamlessly provide essential reservoir attributes — temperature, pressure, salinity, porosity, permeability, reservoir thickness and prospective carbon storage volumes — both in depleted hydrocarbon reservoirs and saline aquifer formations. This information empowers carbon emitters and subsurface operators, enabling informed decisions and secure sequestration avenues, resulting in viable, cost-effective storage capacity utilization.
This expansion of Carbon AXIOM is supported by industry funding and is set to release in H2 2023 - intermediate stratigraphy deliverables available Q3 and Carbon Storage volumetrics Q4.
Sign up for a free 30-day trial to experience the transformative capabilities of Carbon AXIOM at your convenience: https://www.tgs.com/carbon-capture-and-storage/trial.
TGS provides scientific data and intelligence to companies active in the energy sector. In addition to a global, extensive and diverse energy data library, TGS offers specialized services such as advanced processing and analytics alongside cloud-based data applications and solutions. For more information about our products, services, and who we are, visit TGS.com.
For media inquiries, contact:
Jaclyn Townsend
VP, Marketing
jaclyn.townsend@tgs.com
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside this Issue 🌱 Holcim Invests in Sublime Systems to Scale Up Innovative Low-carbon Technology ⚡ New Technology Transforms Captured Carbon Into Clean Energy Source 🚗 Say Goodbye to EVs – This ...
Inside this Issue 💡 Bill Gates-backed Startup Says a Global Gold Rush for Buried Hydrogen is Picking Up Momentum 🌍 Largest Hydrogen Highway to Link America and Europe: 10 Million Metric Tons and a...
Inside this Issue 🌿 Gevo to Acquire Red Trail Energy Assets in North Dakota, Including Operating Low-carbon Ethanol Production and Carbon Sequestration Facilities, Expanding Platform for Sustainab...
Hyundai Motor Company and Škoda Group sign a Memorandum of Understanding (MOU) during the Korea-Czech Business Summit in Prague Both parties to cooperate in establishing a hydrogen economy and...
UNDO Lands Groundbreaking Carbon Removals Financing Deal in 'Global First'
UK carbon removal start-up UNDO has secured an innovative debt financing deal, supported by significant corporates like British Airways and Standard Chartered, to accelerate the expansion of its en...
Say Goodbye to EVs – This Water-Hydrogen Engine Will Change Everything in Automotion
Honda launches a model identical to the Dodge Challenger – here’s when you can buy it Neither Toyota nor Hyundai – JD Power confirms the list of most reliable cars on the US market. Chevy an...
New Technology Transforms Captured Carbon Into Clean Energy Source
Researchers from Tokyo Metropolitan University have developed an innovative electrochemical cell that efficiently converts captured carbon dioxide (CO2) into formate, a green fuel. This new system,...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.