Page 10 - NorthAmOil Week 34 2022
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NorthAmOil                             PROJECTS & COMPANIES                                       NorthAmOil


       ExxonMobil reportedly planning Baton




       Rouge refinery maintenance




        US               EXXONMOBIL is reportedly planning to shut  in Indiana were taken offline following a fire on
                         down units at its Baton Rouge, Louisiana refinery  August 24. As of August 25, the timing of the
                         for maintenance in January 2023. Citing sources  restart of these units was unknown and there
                         familiar with the matter, Reuters reported this  were concerns over the impact the outage would
                         week that the super-major was planning to carry  have on regional fuel prices if it were prolonged.
                         out maintenance work at a coker and crude dis-  According to Wood Mackenzie’s Genscape,
                         tillation units (CDUs) at the refinery, which has  BP shut two crude units at the 435,000 bpd refin-
                         a capacity of 520,000 barrels per day.  ery after the fire. A source familiar with the mat-
                           The sources said that the 50,000 bpd Far East  ter was also cited by Bloomberg as saying the fire
                         coker would be shut in early January in order to  had occurred in the power house, causing a loss
                         replace all four of its coke drums. This is expected  of cooling water, which could lead to damaged
                         to take 68 days to complete. Maintenance work  equipment.
                         on the CDUs will be carried out while the coker   The news service added that the units that
                         is shut, according to the sources, beginning with  had been shut included the 255,000 bpd Pipes-
                         the largest of the four units and followed by the  till 12, the region’s largest crude unit, and the
                         smaller ones.                        70,000 bpd Pipestill 11A. However, the 102,000
                           ExxonMobil declined to comment on the  bpd coker that supports Pipestill 12 was reported
                         report of the upcoming work.         to still be running, which may allow for a more
                           Meanwhile, units at BP’s Whiting refinery  rapid restart in the coming days.™





                                               ENERGY TRANSITION


       Enverus flags up Southern




       Louisiana’s CCUS potential




        LOUISIANA        THE carbon capture, utilisation and storage  potential, a firm understanding of the reservoir
                         potential of Southern Louisiana has been high-  being injected into is essential. We aim to not
                         lighted in a new report by Enverus Intelligence  only daylight and compare the projects that have
                         Research (EIR), a subsidiary of energy data ana-  been announced thus far but provide a look at
                         lytics firm Enverus.                 opportunities that may lie in the near term, for
                           The company said this week that it had  future projects of their kind.”
                         evaluated 10mn tonnes per year (tpy) of oper-  EIR’s report identified eight project locations
                         ational global sequestration capacity, consid-  for carbon dioxide (CO2) sequestration in Lou-
                         ering reservoir quality and proximity to point  isiana that have been announced, amounting to
                         source emissions and transportation as leading  2bn tonnes of combined disclosed storage. First
                         indicators. Based on the findings of the eval-  injection dates for these volumes are scheduled
                         uation, EIR said the Southern Louisiana Oli-  between 2022 and 2026.
                         gocene-Miocene stands out among numerous   The company noted that the capacity avail-
                         locations and is among the best storage reser-  able currently only represents 3% of planned
                         voirs in the world.                  global sequestration capacity. CCUS is gaining
                           “With the recent, substantial uptick in CCUS  momentum and increasingly seen as an impor-
                         project announcements across the Lower 48,  tant component of the energy transition. In
                         Southern Louisiana stands out as a major hot-  the US, development of CCUS capacity is now
                         bed for current and future sequestration activ-  expected to pick up pace thanks to the recent
                         ity,” an Enverus senior geology associate, Evan  signing into law of the Inflation Reduction Act,
                         MacDonald, stated. “To develop an idea of how  which expands the scope of an existing tax credit
                         these projects stack up in terms of storage poten-  for carbon capture, among other measures. (See
                         tial, and to derive insights into future project  NorthAmOil Week 33)™



       P10                                      www. NEWSBASE .com                         Week 34   25•August•2022
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