Tallgrass has entered an agreement with Project Canary to develop a program for the independent monitoring and sequestered carbon volume verification at its Eastern Wyoming Sequestration Hub project, the companies announced on Feb. 9.
The agreement between the two firms advances Tallgrass’ commercial-scale sequestration hub project previously announced in January and builds on the relationship established between Project Canary and Tallgrass in 2021 through the Rockies Express Pipeline.
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.
“Precise measurement and validation of sequestered volumes is a critical component of a successful, commercial-scale CO2 sequestration hub,” Kyle Quackenbush, Tallgrass Segment president, said in a press release.
As part of the project, Tallgrass plans to drill a characterization well and Project Canary, the Denver-based environmental assessment ESG data firm, will deploy Canary X continuous emissions monitoring units and conduct additional periodic reservoir analysis at the project site to verify carbon dioxide volumes remain permanently sequestered. The high-fidelity, laser-based continuous monitoring units have a detection level as low as <1ppm and report data simultaneously to a cloud-based monitoring dashboard.
“The Tallgrass team demonstrates what the net-zero measurement economy demands—bold action to verify that every molecule of CO2 put underground stays underground. Their leadership is what a net-zero future needs,” said Chris Romer, CEO and co-founder of Project Canary.
Recommended Reading
Dividends Declared Week of Feb. 17
2025-02-21 - 2024 year-end earnings season is underway. Here is a compilation of dividends declared from select upstream, midstream, downstream and service and supply companies.
Viper Makes Leadership Changes Alongside Diamondback CEO Shakeup
2025-02-21 - Viper Energy is making leadership changes alongside a similar shake-up underway at its parent company Diamondback Energy.
SM Energy Restructures Leadership Team
2025-02-20 - SM Energy Co. has made several officer appointments and announced the retirement of Jennifer Martin Samuels, the company’s vice president of investor relations and ESG stewardship.
Q&A: Petrie Partners Co-Founder Offers the Private Equity Perspective
2025-02-19 - Applying veteran wisdom to the oil and gas finance landscape, trends for 2025 begin to emerge.
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.