Carbon capture and storage
The California Resources Corporation achieved the state’s first carbon dioxide injection into two depleted reservoirs with the potential to store 38 million tonnes.
Research by Enervus sees early 2026 permitting activity for the carbon capture and storage wells pointing to a growing approval queue, even while the rate of applications eases.
This paper presents a case study of oriented tubing-conveyed perforation followed by an acidizing operation to overcome technical challenges posed by a depleted reservoir targeted for a carbon capture, utilization, and storage project.
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Also: A report says Bitcoin mining could ease emissions. Haliburton is accelerating its clean-energy efforts, while insurer Chubb cracks down on methane. ExxonMobil and Linde team up in Texas. Shell plans to limit CO2 emissions in Dutch plants, and Drax presses pause on bioenergy in the UK. -
Deployment of Mosaic DAC pilot units are envisaged for a pair of HIF eFuel facilities.
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The first direct air capture facility will debut a few months late, but that’s not a big concern for its developer.
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Dealmaking has picked up steam, especially by Oxy. Many of the announced deals by Oxy and others are in Texas and in the Gulf Coast region.
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Recently published research suggests that carbon dioxide stored underground will stay there for millions of years.
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The funding is for 33 research and development projects which will tackle the technical challenges of capturing CO2.
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Carbon capture and storage, with the potential for usage, will be crucial if the world is to prevent global warming. While Norway has been injecting captured CO2 in saline aquifers since the mid-1990s, there has been no attempt, and no plans exist, in Europe to use CO2 for EOR. Why not?
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A new 1.0 Bcf/D facility in Baytown, Texas, is expected online no later than 2028.
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Spending on low-carbon projects will increase by $60 billion this year, 10% higher than 2022, led by wind developments but helped by a significant rise in funding for hydrogen and carbon capture, utilization and storage infrastructure, Rystad Energy research shows.
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A big jump in the tax incentives offered for putting CO2 in the ground, hopefully forever, has set off a mad rush to sequester CO2. But is that really the best option?
![JPT_2023-02_GuestEd_Essential-Features-of-the-CO2-EOR-Process[1].jpg](https://assets.spe.org/dims4/default/c0ca44d/2147483647/strip/true/crop/879x491+0+18/resize/365x204!/quality/90/?url=http%3A%2F%2Fspe-brightspot.s3.us-east-2.amazonaws.com%2Fdf%2Fbd%2F1d2a3a144d61b40dbfee45355579%2Fjpt-2023-02-guested-essential-features-of-the-co2-eor-process1.jpg)
