Environmental, social and governance (ESG) leadership and the road to net zero carbon are increasingly important to all industries. Understanding the Environmental impact of operations, how to minimize pollutants and highlighting the sustainability for future generations is forefront in today’s society. Socially responsible actions tie into the relevant benefits to society as a whole, and corporate Governance ensures that success. CDL believes that these initiatives are critical to ensuring a diverse and responsible future in Clean Technology.
As world leaders in basin evaluation, we specialize in assessing reservoir properties, pressure, fluid flow, fluid chemistry and geomechanics. CDL’s extensive subsurface knowledge and GIS capabilities support Clean Technologies including Carbon Capture, Utilization and Storage (CCUS), Critical Minerals, Geothermal Energy and Water Disposal and Sourcing Solutions. Our deep understanding of depositional environments and fluid interactions in the subsurface has been CDL’s core competency for nearly 35 years and we are using this foundation to strategically deliver CCUS site identification, Critical Mineral and Deep Geothermal assessments to clients world-wide.
CCUS has become an important topic in today’s world. Carbon capture and storage technology is critical for Canada meeting its climate targets and assisting other countries around the world. We have completed a BC Carbon Sequestration and Storage Atlas, and will utilize this established workflow to evaluate carbon sequestration targets in Alberta and the US. The Alberta CCUS Atlas, comprising several phases, will build on our foundation of subsurface expertise in the world-class WCSB, which has multiple extensive saline aquifers, seals, depleted gas pools and EOR opportunities. CDL’s preliminary estimate for economic CO2 storage capacity is 150–300 million tonnes per annum.
The US CO2 Storage Atlas (joint venture with TGS), which is initially targeting the US onshore Gulf Coast region with consistent volumetrics, risk assessments and prospect ranking, has a target release date of Q3 2021.
Canada unveiled its Critical Minerals List in March 2021, comprising 31 minerals considered integral to the Canadian economy. These minerals will contribute to Canada’s economic and energy security, while playing a role in achieving Canada’s transition to a low-carbon environment. Lithium is garnering significant interest for its applications in lithium-ion batteries—a necessary technology to decarbonize energy infrastructure in the coming decades. CDL and its partner, Matrix Solutions, are leveraging each other’s strengths, in field execution and subsurface analysis, in a number of Lithium brine sampling and mapping programs across Western Canada.
Geothermal Energy Extraction provides a low carbon and environmentally friendly baseload power opportunity with up to 3.7X the capacity factor of Solar. In 2021, there is ~15GW of Geothermal Energy development worldwide, with zero in Canada, although a number of projects are underway. The WCSB has multiple well-defined high deliverability aquifers in the 90°C to 140°C range. Rapid technological advancements in heat transfer technologies also provide promise for exploitation of Geothermal Energy at the lower end of this temperature range. Geothermal Energy development also leverages the Upstream Oil and Gas industries vast technical skill sets. CDL’s deep knowledge of the Basin’s geothermics and hydrogeology is ideally suited to identify viable aquifers as geothermal heat source targets and optimize their development relative to electrical transmission and distribution networks.
CDL continuously invests in research and development activities, and partners with other industry experts to deliver a strong and lasting competitive advantage.