Depleted low-permeability gas reservoirs are the primary storage media for underground hydrogen storage (UHS). An accurate assessment of the geomechanics and complex flow mechanisms in a depleted low-permeability gas reservoir is crucial for predicting the injection and production capabilities of UHS facilities. This paper proposes a novel hydromechanical multicomponent model that couples non-Darcy flow, relative permeability hysteresis (RPH), and geomechanics to evaluate the hydrogen storage capacity of UHS facilities in a depleted low-permeability gas reservoir. The coupled model was solved using a fully coupled strategy, employing the finite volume method to solve non-Darcy flow equations and the virtual element method to solve geomechanical problems. The results indicate that the high-velocity non-Darcy (hvnD) and geomechanical effects reduce the working gas volume by 12.82% and 10.56%, respectively. Additionally, the low-velocity non-Darcy (lvnD) effect causes the third stress/strain distribution to exhibit a “focusing” phenomenon, resulting in a 13.19% reduction in the working gas volume. This paper also describes a case where residual gas is captured by mechanisms such as “water lock” and “capillary capture” through the RPH effect. Considering the RPH effect, the gas-water transition zone expanded by 30%, and the peak volume of gas-containing pores in the water zone increased by 1.48 times. Ignoring the RPH effect led to a 19.73% overestimation of the utilization rate of the gas-containing pore space. Hence, this study achieves safe and successful seasonal hydrogen storage and provides theoretical support for designing multicycle operational plans.
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