Estimation of CO2 storage capacities in saline aquifers using material balance

Abstract

Estimating CO2 storage capacities is crucial in developing carbon capture and storage projects. Material balance equation (MBE) methods, widely employed for oil and gas reserve estimation, offer a direct approach to estimating CO2 storage capacities. However, previous MBE methods rely on an original fluid in-place volume calculated using volumetric methods to estimate CO2 storage capacities, lacking validation for accuracy. It is essential to accurately estimate the original fluid in-place volume, representing the pore volume, as it substantially influences CO2 storage capacity. This study presents a refined MBE method that ensures accurate estimates of CO2 storage capacities by validating the original fluid in-place volumes in saline aquifers. The accuracy of this method was evaluated by comparing it with a commercial reservoir simulator for a synthetic aquifer example and the Sleipner L9 model. In the synthetic aquifer example, the relative error in CO2 storage capacity estimation with the proposed MBE method was only 2.09%, even when short-term (1-year) injection data were utilized. The proposed MBE method demonstrates consistent accuracy in estimating CO2 storage capacities under different aquifer properties, operating conditions, and MBE-related conditions. The proposed MBE method also accurately estimated the CO2 storage capacity in the Sleipner L9 model, achieving a relative error of 3.47%.