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  • <div>Geoscience Australia and CSIRO have collaborated, under the Exploring for the Future program, to investigate whether water-saturated residual oil zones (ROZs), sometimes associated with conventional Australian hydrocarbon plays, could provide a CO2 storage resource and enhance the storage capacity of depleted fields. This product is part of a larger project that includes, among others, a reservoir modelling component. </div><div>This report focuses on our petrophysical module of work that investigated the occurrence and character of ROZs in onshore Australian basins. Our findings demonstrate that ROZs occur in Australia’s hydrocarbon-rich regions, particularly in the Cooper-Eromanga Basin. ROZs with more than 10% residual oil saturation are uncommon, likely due to small original oil columns and lower residual saturations retained in sandstone reservoirs than in classic, carbonate-hosted North American ROZs. Extensive, reservoir-quality rock is found below the deepest occurring conventional oil in many of the fields in the Eromanga Basin, potentially offering significant CO2 storage capacity.&nbsp;</div><div>For more information about this project and to access the related studies and products, see: https://www.eftf.ga.gov.au/carbon-co2-storage-residual-oil-zones. </div><div><br></div>