November 5, 2019: Tip Meckel participated in a panel on Carbon Capture, Utilization, and Storage at the D3 Revival - Energy Disruption Conference in Houston. The discussion was led by John Gibson, the energy technology chairman at Tudor, Pickering, Holt & Co. Panel. Other participants included Anthony Cottone, senior director of Low Carbon Ventures at Occidental; Alex Rozenfeld, founder and managing director at Climate Impact Capital; Michael Ryan, vice president of CCUS and OGCI Climate Investments; and Cam Hosie of 8 Rivers Capital. Meckel emphasized the need to act now, with 45Q tax credits presenting the best financial opportunity to develop new projects and add value to existing assets.
October 21–25, 2019: Tip Meckel was an invited guest at KAUST University north of Jeddah in western Saudi Arabia. The King Abdullah University of Science and Technology is a relatively new campus with astounding architecture and laboratory facilities. Meckel presented one technical talk on sedimentary heterogeneity and fluid flow and a second general talk to an audience of 100 on the current status of CCS. During his visit, he interacted with the faculty and graduate students of the Ali I. Al-Naimi Petroleum Engineering Research Center (ANPERC) to identify new areas of collaborative research.
About the Gulf Coast Carbon Center
Research, Technology, and Education for the Geological Sequestration of Carbon Dioxide
Burning fossil fuels (gas, oil, and coal) has measurably increased the carbon dioxide in the atmosphere. Although the long-term consequences of this accumulation are hotly debated, it is likely that it will have negative impacts on both the ocean and climate.
One possible response is to capture carbon dioxide after combustion in industrial settings and reinject it into deep geological reservoirs where it will be retained for long periods of time. This process is called geological sequestration, or carbon capture and storage (CCS).
The Gulf Coast Carbon Center (GCCC) seeks to impact global levels of atmospheric carbon dioxide by
- conducting studies on geological sequestration of CO2 in the deep subsurface, focusing on the Gulf Coast,
- educating the public about risks that might limit deployment of geological sequestration and measuring the retention of CO2 in the subsurface, and
- enabling the private sector to develop an economically viable industry to sequester CO2 in the Gulf Coast area.
Since 1998, GCCC has been a leader in research that facilitates a proactive response by energy-related businesses to reduce atmospheric release of CO2. GCCC has led or is in the process of conducting seven major field research projects to develop effective technologies to monitor retention of CO2 in the subsurface. In addition, GCCC has led a number of diverse projects including estimation of storage capacity, EOR screening and economic assessments, risk of leakage to water resources, assessment of pressure, and whole system integration. GCCC hosts STORE, a training and education effort.
For a news story describing recent field efforts of the Gulf Coast Carbon Center, please click here
For a historical look at how the GCCC has addressed the carbon question, please click here.