carbon capture and storage
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The new project will use EnLink’s existing pipeline infrastructure and Talos’ newly acquired 26,000-acre sequestration area.
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The company believes its booking represents the industry's first to be made under SPE's CO2 Storage Resource Management System.
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The facility will be a commercial-scale CO2 sequestration hub in the DJ Basin.
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The announcement means that the megascale carbon capture and storage project now has 14 large industrial players behind it. Still, it remains unclear when the project might get under way.
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Equinor will use the semisubmersible rig Transocean Enabler, which is already under contract, for the work planned for later this year.
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The largest oil company in the US said it's prepared to make a $15-billion down payment to achieve net-zero operational emissions by 2050.
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You know about upstream, midstream, and downstream. Now, get ready for the coming age of "counterstream" which will leverage many of the industry's existing engineering skillsets.
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Gas processor Lucid Energy is moving forward with a plan to inject a mix of carbon dioxide and hydrogen sulfide deep below New Mexico’s portion of the Permian Basin. The project is designed to keep injecting for 30 years.
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SPE Canada held its first carbon capture, utilization, and sequestration (CCUS) workshop in May 2021. The workshop in Calgary enabled SPE members, CCUS-focused entrepreneurs, finance providers, and policy makers to share knowledge related to emissions issues, policy, economics, technology development, and geologic considerations.
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Natural gas delivered as LNG to growing economies in Asia has a strong role to play in achieving net zero in carbon emissions, and most of that gas will come from unconventional resources.