TGS has an agreement with deepC Store to perform various duties related to a planned carbon storage project in the Browse Basin offshore northwestern Australia.
The work scope, due to continue throughout 2025, comprises subsurface well location planning, storage resource verification and evaluation for carbon storage in the G-14-AP permit area, co-owned by deepC Store and Azuli (Australia).
It is one of two offshore CO2 storage areas that the Australian Commonwealth Government awarded to the partnership last August, with the other being G-13-AP.
deepC Store is operator of the G-14-AP permit and the associated CStore1 project, which holds potential to store an estimated 1 billion metric tons.
“This work demonstrates our ongoing commitment to establish CStore1 as the first offshore floating CCS hub project in the Asia-Pacific region, and to advance Australia’s strategic position in the CCS business.”
—deepC Store Managing Director Daein Cha
TGS deploys its proprietary data and geophysical technologies to provide insights at each stage of a carbon storage program, including storage prospecting, site evaluation for injection planning and storage monitoring.
