![]() ![]() ![]() The detailed study used outcrop analysis and seismic data of Lower to Middle Miocene deltaic reservoirs with total depths of 1000 m to 2500 m. ![]() In a peer-reviewed paper ( SPE 196723) first published in 2019, university researchers describe efforts to model various CO 2 injection schemes in nearshore geologic formations found in the Gulf of Mexico. Some of that groundwork likely includes research that the oil company supported and was carried out by The University of Texas at Austin’s Energy Institute. Last year, ExxonMobil announced it was spending nearly $400 million at the LaBarge site to add another 1 mtpa in capacity.ĮxxonMobil has said it has spent the last few years considering the CCS Innovation Zone project. This would dwarf the largest single CCS project in the world today, ExxonMobil’s natural gas facility in LaBarge, Wyoming, which has a maximum injection capacity of 7 mtpa. By 2040, the consortium estimates that volume could double to 100 mtpa. I look forward to working alongside these 14 companies to make Houston the global leader in CCS,” Charles McConnell, director of the University of Houston’s Center for Carbon Management in Energy, said in a press statement on 20 January.Įmissions sources under review include power plants, plastic manufacturing facilities, and refineries that are located along the Houston Ship Channel and elsewhere on the Texas Gulf Coast.īy 2030, these sites may direct up to 50 mtpa of CO 2 toward an undefined number of offshore injection wells. “As the energy capital of the world, Houston has the expertise and leadership-including industry, academia and policymakers-to realize a low-carbon, reliable and affordable energy future. In December, they took part in workshops at the University of Houston that were focused on how the consortium will work together in launching the megascale CCS project. The 14 companies backing the Houston-area CCS Innovation Hub say they are in the evaluation stage. Last October, Shell was among a handful of oil producers that protested the awarding of CCS operating agreements to two non-oil and gas firms by Louisiana’s Department of Natural Resources. Shell’s decision to back the ExxonMobil-led initiative comes just a few months after it failed to secure a CCS deal that it said would have generated upwards of $100 million in government income for neighboring Louisiana. In addition to ExxonMobil, the list of corporate supporters includes: Chevron, Marathon Petroleum, Phillips 66, Dow, INEOS, Linde, LyondellBasell, NRG Energy, and Calpine. It proposes to capture emissions from industrial sites around Houston and transport them to injection wells in the Gulf of Mexico. The three firms make for a total of 14 of oil and gas producers, refiners, chemical makers, and power generation companies that are evaluating the project. ![]() Industrial gas company Air Liquide and chemical maker BASF joined Shell in voicing support for the project, which was first announced in April 2020 by ExxonMobil. Shell has joined the growing ranks of supporters behind what could be the world’s largest carbon capture and storage (CCS) project that is known as the CCS Innovation Zone. ![]()
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