Tallgrass was recently awarded a state grant to fund the development of a commercial-scale CO₂ sequestration hub in the Denver-Julesburg (D-J) Basin in eastern Wyoming.
“This project can accelerate the state’s goal to be net negative in CO₂ emissions by importing and sequestering CO₂, and benefit the broader Rocky Mountain and Midwest regions,” Kyle Quackenbush, segment president, commented in a company release on Jan. 20.
Last March, Wyoming Gov. Mark Gordon introduced the mid-century goal of making Wyoming net negative in CO₂ emissions. In order for Wyoming—the top coal mining state in the U.S.—to achieve the ambitious target, Gordon is urging the development of hydrogen and carbon capture technology.
“Wyoming is deeply committed to providing decarbonized solutions for the 21st century,” Dr. Glen Murrell, executive director of the Wyoming Energy Authority, also commented in the Tallgrass release. “We are pleased to be able to fund Tallgrass’s Eastern Wyoming Sequestration Hub project, which has the potential to add an important resource for our net-zero goals.”
Based in Leawood, Kan., Tallgrass is an energy infrastructure company owned by an investor group led by Blackstone Infrastructure Partners and including Enagás SA, GIC, NPS and USS. In addition to midstream assets located throughout the Rockies and Midwest regions, Tallgrass also aims to play a leadership role in advancing decarbonization technologies, such as hydrogen and carbon sequestration.
“The Eastern Wyoming Sequestration Hub project is a strong addition to our existing decarbonization initiatives and aligns with our broader clean energy strategy,” Quackenbush added.
Tallgrass’ Eastern Wyoming Sequestration Hub project is designed to provide a cost-effective means of capturing, transporting and sequestering CO₂ across multiple states, according to the company release.
The company said it expects to utilize the Wyoming Energy Authority grant in 2022 to fund development activities and drilling a characterization well in connection with its anticipated Class VI permit filing for the Eastern Wyoming Sequestration Hub project. The grant is also in addition to Tallgrass’ proposed direct investment in the project.
Recommended Reading
Marketed: Stone Hill Exploration and Production Four Well Package in Ohio
2024-09-10 - Stone Hill Exploration has retained EnergyNet for the sale of a four well package including two proved developed producing wells in Harrison County, Ohio.
Marketed: ConocoPhillips Bakken Shale Opportunity
2024-09-04 - ConocoPhillips has retained EnergyNet for the sale of working interest participation in three wells located in the Bakken Shale in McKenzie County, North Dakota.
Glenfarne: Latest Customer Means Texas LNG is Ready for FID
2024-09-12 - Construction on Glenfarne’s Texas LNG is scheduled to begin this year, though the project is one of two LNG sites that had permits pulled after a court ruling in August.
FTC Oks Chevron-Hess Deal, Bans John Hess from Board
2024-09-30 - Federal regulators signed off on a blockbuster tie-up between Chevron and Hess Corp. but banned CEO John Hess from sitting on the Chevron board.
Venezuela Lost Citgo, But the Battle’s Not Over Yet
2024-10-04 - Amber Energy’s $7.3 billion purchase of Citgo fell well short of analyst’s valuations. PDVSA Ad Hoc expects to appeal the decision soon in its battle to protect its claim on Citgo.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.