Rowan Haddad, Energean and EnEarth’s Senior Reservoir Engineer, presented the Prinos CO2 Storage Project at the Society of Petroleum Engineers CO2 Conference that took place in Aberdeen on September 30 and October 1.
Rowan gave an update on the project, pointing out that the Prinos Field is a well appraised field with 65 wells providing ample data. In addition, EnEarth has also planned extensive data acquisition during the drilling of the first four wells, that has been planned to take place in 2026.
As the aquifer leg below oil provides storage capacity, the field will be converted to a CO2 storage to be operational at commercial scale by 2029.
She also highlighted that the development plan includes injection and production from the aquifer to manage pressure and maximize CO2 storage capacity. Studies done so far have proven that c.3 mtpa can be stored through an integrated approach. Some of the existing infrastructure will be repurposed, but also new infrastructure such as subsea pipeline, new marine terminal and jetty and new bridge linked well head will be installed.
The Prinos CO2 Storage project has been included in European Union’s list of Projects of Common Interest and gas secured funding by the Recovery and Resilience Facility and the Connecting Europe Facility as it is in a strategic cluster that decarbonizes a large part of Southeastern Europe.