Bph Energy Limited · ASX:BPH
Bph Energy — ANZ Carbon Capture, Utilization and Storage Forum 2021
35 slides from Bph Energy's conference presentation, Sep 30, 2021
Slide 1: ASX announcement: Professor Peter Cook to present at ANZ CCUS Forum
30 September 2021 For personal use only Companies Announcement Office ASX Limited Exchange Centre Level 4, 20 Bridge Street Sydney, NSW 2000 Dear Sir/Madam PROFESSOR PETER COOK TO PRESENT AT THE ANZ CARBON CAPTURE, UTILIZATION AND STORAGE FORUM ON THURSDAY 30TH SEPTEMBER Please find attached Profess
Slide 2: The Advent Energy Sea Blue Well: Assessing a CCS Prospect
For personal use only The Advent Energy Sea Blue Well: Assessing a CCS Prospect Offshore Sydney Basin September 30 2021 Professor Peter Cook, CCS Adviser to Advent Energy 2
Slide 3: Using Sea Blue-1 to appraise carbon storage potential of offshore Sydney Basin
For personal use only Using the Sea Blue -1 gas exploration well to cost-effectively appraise the carbon storage potential of the offshore Sydney Basin 3
Slide 4: Atmospheric CO2 has increased despite years of CCS discussion
For personal use only In the 30 years we have been talking about CCS, the atmospheric concentration of carbon dioxide has increased by 63ppm (350 – 413ppm) or 18% “Global governments and major polluters must take urgent action to develop technologies which can capture and store carbon emissions or i
Slide 5: Our knowledge of CCS has increased massively
For personal use only Our knowledge of CCS has increased massively
Slide 6: CCS is happening but too slowly
For personal use only CCS is happening but too slowly
Slide 7: Momentum for CCUS is growing
For personal use only ‘The momentum for CCUS is growing - supported by ambitious climate targets & new policy incentives. After years of declining investments, plans for more than 30 new CCUS projects have been announced since 2017’ IEA March 2021
Slide 8: UK CCS
UK CCS Drax has started the planning process to build its first two bioenergy with carbon capture and storage (BECCS) units in 2024.The technology, which is claimed to be carbon negative, is predicted to capture and store For personal use only up to eight million tonnes of carbon dioxide a year. MMD
Slide 9: US CCS
For personal use only US CCS “HOUSTON, Texas – Eleven companies have expressed interest in supporting the large-scale deployment of carbon capture and storage (CCS) technology in Houston. Calpine, Chevron, Dow, ExxonMobil, INEOS, Linde, LyondellBasell, Marathon Petroleum, NRG Energy, Phillips 66 and
Slide 10: Norway CCS is not just Sleipner
NORWAY CCS IS NOT JUST SLEIPNER………………… “Fortum will process the waste to provide electricity and heat to Oslo and nearby towns, he said. With the city’s target of 95% reduction of greenhouse gas emissions by 2030 in focus, the Klemestrud facility in Oslo has successfully developed a carbon capture a
Slide 11: Bioenergy with CCS and direct air capture as negative emission technologies
BIOENERGY WITH CCS AND DIRECT AIR CAPTURE OF CARBON DIOXIDE ALSO For personal use only WITH CCS ARE SEEN BY MANY AS KEY NEGATIVE EMISSION TECHNOLOGIES The image part with relationship ID rId4 was not found in the file. Municipal waste and timber ‘waste’ are favoured as biomass sources because they a
Slide 12: Australia CCS
AUSTRALIA CCS For personal use only Carbon capture and storage technologies are one of five priority areas for investment under the Government’s Technology Investment Roadmap. Minister for Energy and Emissions Reduction Angus Taylor said “Carbon capture technologies would be critical to achieving ne
Slide 13: Low Emissions Technology Statement
• Low Emissions Technology Statement September 2020. The Statement outlines five priority technologies and economic stretch goals to make new technologies as cost- For personal use only effective as existing technologies. • Hydrogen production under $2 per kilogram. • Long duration energy storage (6
Slide 14: Capital markets and the transition to a low emissions future
Josh Frydenberg 24 September 2021 Address to the Australian Industry For personal use only Group, Melbourne Capital markets and the transition to a low emissions future ‘The global transition is likely to lead to increased demand for clean energy and associated critical minerals exports, and the cre
Slide 15: A price on carbon
“The spot price of Australian Carbon A PRICE ON CARBON Credit Units (ACCUs) recently passed $20 per tonne for the first time since the abolition of the Gillard For personal use only government’s carbon price in 2014. And, according to leading carbon market analyst firm Reputex, it could more than do
Slide 16: Advent Energy proposes to drill Sea Blue-1 and evaluate CCS potential
For personal use only • Advent Energy proposes to drill a gas exploration well, Sea Blue-1, in the offshore Sydney Basin in 2022 • It will also use the well to evaluate the CCS potential of the basin • The exploration lease (PEP 11) is located close to the Newcastle-Hunter region • Sydney-Newcastle-
Slide 17: PEP11 - Offshore Sydney Basin
PEP11-85% Interest For personal use only PEP11– Offshore Sydney Basin: • The Sydney Basin has excellent potential for discovery of natural gas • PEP11 covers 4,649 km2 on the doorstep of Sydney-Newcastle & extensive gas infrastructure (<50km). • Current application to NOPTA to enable drilling as nex
Slide 18: Baleen Anticline AVO anomaly
A PEP 11 Baleen Anticline- AVO Anomaly ADVENT ENERGY LIMITED ©.800 TWT Seconds +900 De risking target - Distinct amplitude (AVO) anomaly, phase change along strike and brightens with offset
Slide 19: The Advent Energy gas proposal
The Advent Energy gas proposal For personal use only Sea Blue 1 well at the Baleen gas prospect Approx. 125m water 19
Slide 20: The Advent Carbon Storage Project
The Advent Carbon Storage Project For personal use only
Slide 21: Net zero pathway: CCS and natural gas
NET ZERO PATHWAY: CCS and Natural Gas • Many of the same geological and engineering principles apply to carbon dioxide and methane so For personal use only it is “familiar territory” • CCS has been applied commercially by the gas industry since 1996 at Sleipner • Depleted gas reservoirs offer one of
Slide 22: The proposed CCS Project
The proposed CCS Project Factors in decisions regarding storage potential For personal use only • Geology • Data availability and prior knowledge • Regulatory regime and lease conditions Sea Blue -1 • Location: distance from major emission sources • Scale of the CO2 emissions • Logistics of the site
Slide 23: Sydney Basin Reservoir Prediction Study sediment distribution maps
Sydney Basin Reservoir Prediction Study — MR705 Sediment Distribution Maps en Engssen Fox Bot Locnin Fold Bat Taemsn Se Total Sediment Thickness (m) soe 800m. o Total Sediment Thickness ‘The ‘Total Sediment Thickness’ isopach map (Figure 96) nas been calculated ‘fom the difterence between the pre-Pe
Slide 24: Soft high amplitude anomaly
rN ADVENT ENERGY LIMITED [AQ eA ERS elo 4|Femet of alresctm =] | |v Ams 7Q0000 56 5 SNR AE CS TEN, 15S A TEA AO HAE DAUR OA ADT NRTA ST EST SY ROR 25642 6147, SORE]. 274 2SESTER SOS HEH 8 ZA “BLAS SP. 2s, ano, xo. 0 em meg, emo. a0. tomo 8 12, 100 un tuo 1980 vo, ane 4 “Soft” High Amplitude Anomaly
Slide 25: New Seaclem well results
For personal use only In 2011 the New Seaclem 1 well, sited north of Sea Blue-1 , reached a total depth of 750m and encountered some reservoir- sandstones in “pre Cainozoic sequence possibly of Triassic age”, but more likely Permian. Possible gas presence for the dotted zones
Slide 26: Variation of CO2 density with depth
Variation of CO2 density with depth, assuming hydrostatic pressure and a geothermal gradient of 25°C/km from 15°C at the surface For personal use only
Slide 27: Full stack migration seismic
B4-19: Full stack migration seismic PEP 11 For personal use only SUB-CRITICAL SUPER-CRITICAL Possible gas presence for the dotted zones
Slide 28: Seismic Line B4
(ime 3.0s) ed s Line B4 1 SS
Slide 29: For personal use only
For personal use only
Slide 30: CCS Plans for Sea Blue Well
CCS Plans for Sea Blue 1 Well 30km offshore; water depth approx. 125m For personal use only Target 2100m but potential to go to 3000m Outstanding opportunity to obtain storage data Conventional coring cost > $1 million per core, and current subsurface data not adequate for developing a coring progra
Slide 31: CCS plans for Sea Blue-1
CCS plans for Sea Blue-1 For personal use only Well designed to penetrate to Permian at 2150m with the option of deepening to 3150m for further testing of reservoir-seal pairs Water-based drilling fluid to minimise formation damage Propose to undertake • Logging while drilling • Vertical seismic pro
Slide 32: The proposed PEP CCS Project
The proposed PEP 11 CCS Project With Baleen and Sea Blue -1 as the starting point, what For personal use only additional activities could be used to assess the carbon storage prospectivity of the offshore Sydney Basin? • Sidewall cores of potential reservoirs and seals for extensive porosity and per
Slide 33: NSW will need CCS
For personal use only NSW WILL NEED CCS • Advent Energy proposes to drill a gas exploration well, Sea Blue-1, in the offshore Sydney Basin. • The exploration lease (PEP 11) is located close to the Newcastle-Hunter region - and major emission sources which will need to be cut if NSW is to meet its ta
Slide 34: Thank you
For personal use only Thank you
Slide 35: Disclaimer and Important Information
Disclaimer and Important Information For personal use only This company presentation (the “Company Presentation”) of Advent Energy Limited (the “Company”) has been prepared by the Company solely for information purposes and for the sole use of the person to whom it is delivered. The Presentation i
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