MGC, INPEX and JOGMEC Commence Joint Research on Acquisition of Wide-area 2-D Seismic Survey Data and Wide-area Geological Evaluation to Estimate CO₂ Storage Potential in Kitakambara area, Niigata Prefecture, Japan

INPEX CORPORATION
MITSUBISHI GAS CHEMICAL COMPANY, INC.

　MITSUBISHI GAS CHEMICAL COMPANY, INC.(MGC), INPEX CORPORATION (INPEX) and Japan Oil, Gas and Metals National Corporation (JOGMEC) jointly announced they commenced joint research on the acquisition of wide-area two-dimensional seismic survey data and wide-area geological evaluation to estimate carbon dioxide (CO₂) storage potential in the Kitakambara area in Niigata Prefecture, Japan.　

　The purpose of the joint research initiative is for MGC, INPEX, and JOGMEC to jointly acquire new seismic survey data¹ in addition to well and existing seismic survey data owned by INPEX and MGC. At the same time, the parties plan to evaluate subsurface CO₂ storage capacity of geological formations such as the Nishiyama and Shiiya Formations that have been used as production formations of oil and gas fields in Niigata Prefecture.

¹ A survey method that uses elastic waves generated on the surface of the earth to investigate underground structural forms and physical properties

　MGC and INPEX will proceed with data acquisition work for seismic surveys, and plan to carry out evaluation work together with existing data over the next fiscal year. MGC and INPEX will continue to use their technologies and capabilities related to resource development to fulfill their responsibilities of securing and providing a stable supply of energy.

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Media Contacts:
INPEX Tokyo Office, Public Relations Group, Tel) +81-3-5572-0233
MGC: Public Relations Department, Administrative & Personnel Division Tel) +81-3-3283-5040