Exploration Insight 2022 - OEUK

companies. This development provides a new avenue for exploration within the basin, with our skills and expertise being applied to identifying new saline aquifers for carbon storage. According to first-pass estimates, the number of wells required to meet the 2050

CCUS injection requirements is significant, implying a continued and sustained need for UKCS exploration. Assuming that a CO 2 injection well can inject on average 1mn tonnes/yr, 180 CO2 storage wells will have to be in operation by the mid-century.

Figure 19: CCUS activity Source: OEUK

EXPLORATION INSIGHT 2022

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