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Viridien Unveils Phase 2 of Gulf of Mexico Carbon Study

Viridien Unveils Phase 2 of Gulf of Mexico Carbon Study

Viridien Launches Phase 2 of Gulf of Mexico Carbon Study

Viridien has announced the release of phase 2 of its GeoVerse™ Carbon Storage Screening Study focusing on the Gulf of Mexico, following the successful completion of phase 1. This comprehensive study enhances Viridien's existing multi-client seismic data, providing a detailed subsurface data landscape across the shallow waters and coastal regions of the US Gulf of Mexico. The findings are timely and will help expedite the identification of high-potential areas in light of the upcoming Request for Proposals from the Texas General Land Office and School Land Board concerning various carbon sequestration leases.

Comprehensive Data Package

Both phases of the screening study are available for licensing, offering a distinctive integrated package that features interactive ArcGIS-compatible screening maps, digitized well data, and merged legacy seismic data relevant to the productive shallow water shelf of the Gulf of Mexico basin. This region is known for its numerous large-scale aquifer stores throughout the geological layers.

Importance for the CCUS Sector

Dechun Lin, EVP of Earth Data at Viridien, highlighted the significance of this new study, stating: “This Gulf of Mexico study covers a crucial area of interest for the CCUS industry, with licenses already available for carbon storage and more licensing rounds on the horizon. As we broaden our range of screening studies in leading global regions, we are helping to tackle the challenges that the industry faces in advancing CCUS through our subsurface data, data science, and geoscience expertise. Viridien is committed to assisting operators in identifying areas with the best potential by providing a robust and globally consistent carbon storage screening approach.”

Information Request

Interested clients and partners can request a brochure about Viridien’s Gulf of Mexico Carbon Storage Study, which details the significant advancements made in this area and the available data that supports further research and development.

About Viridien

Viridien is a forward-thinking technology, digital, and Earth data company dedicated to advancing science for a sustainable future. With a strong emphasis on innovation and a deep curiosity, the company seeks to uncover insights and solutions that effectively address complex challenges in natural resources, energy transition, and infrastructure sectors. With approximately 3,500 employees worldwide, Viridien is publicly traded as VIRI on Euronext Paris SA (ISIN: FR001400PVN6). The company continually strives to enhance its service offerings and technological capabilities to better serve its clients and contribute to environmental sustainability.

Contact Information

For any inquiries, please reach out to:

Investor Relations
Jean Baptiste Roussille
Tel: +33 6 14 51 09 88
E-Mail: jean-baptiste.roussille@viridiengroup.com

Frequently Asked Questions

What is the focus of Viridien's latest study?

The latest study focuses on carbon storage in the Gulf of Mexico, specifically identifying high-potential areas for carbon sequestration leases.

How does the GeoVerse™ Carbon Storage Screening Study benefit the industry?

This study provides extensive data that accelerates the screening process for carbon storage, making licensing rounds more efficient.

What technologies does Viridien utilize in its studies?

Viridien employs advanced seismic data, interactive ArcGIS-compatible maps, and digitized well data to deliver integrated geological insights.

Where is Viridien publicly listed?

Viridien is publicly listed as VIRI on the Euronext Paris SA stock exchange.

Who can be contacted for more information about the study?

For inquiries regarding the study, Jean Baptiste Roussille is the investor relations contact and can be reached via email or phone.

About The Author

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Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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