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Quantifying and mitigating subsurface risk in CO2 storage projects


A process to estimate the risk of an adverse event and quantify its monetary impact
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Creties Jenkins
» Partner
» Rose Subsurface Assessment

Full Agenda

Friday, March 28, 2025
Webinar
Online

3pm UK time / 9am Houston time

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We invite you to register for our March 28 webinar focused on the subsurface risking of CO2 storage projects.

While injecting fluids underground is commonplace in petroleum projects, injecting CO2 and ensuring that it stays put for hundreds of years is not.

Multiple failure mechanisms exist including poor caprock seals, CO2 migrating along faults, and CO2 traveling up old wellbores.

Risk exposure is not constant, there will be periods of peak risk during project life.

This webinar looks at common risking techniques, such as matrices and bow-tie diagrams.

It introduces a process to estimate the risk of an adverse event and quantify its monetary impact.

By aggregating these over a project's life, a chance-weighted risk profile can be created.

This profile is very useful for communicating quantitative risk to investors, regulators and the public.

It provides guidance for deploying monitoring and mitigating techniques that can reduce the chance and impact of adverse events.

The webinar will be presented by Creties Jenkins of Rose Subsurface Assessment in Houston. He'll be joined by his colleagues for questions and dialogue.

Rose has been quantifying subsurface uncertainty and risk in petroleum projects for 25+ years, and is working to bring the same rigour to CO2 subsurface assessments.

Agenda

 
15:00 Creties Jenkins - Partner
Rose Subsurface Assessment

Quantifying and mitigating subsurface risk in CO2 storage projects


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Geological engineer with worldwide experience in petroleum exploration, appraisal and development. Expertise includes subsurface carbon storage, unconventional reservoirs (low permeability sandstones and carbonates, shales, coals), integrated studies, expert witnessing, resources & reserves estimation, field development planning, geocellular modeling and project assurance.

Rose Subsurface Assessment
Since the year 2000, Rose has specialized in E&P Risk Analysis, teaching, and implementing consisten
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