Carbon management has increasingly become a priority for the energy industry as more and more oil and gas producers set ambitious decarbonization goals.
However, can E&P companies make money in carbon management–particularly carbon capture and sequestration? Or is the profitability a gain from anticipated carbon taxes?
Robin Fielder, executive vice president of low carbon strategy and chief sustainability officer at Talos Energy, recently joined Hart Energy to discuss Talos’ low carbon strategy plus what policies and incentives can accelerate the advancement of carbon capture projects or related technology.
“We’re building out Talos Low Carbon Solutions here inside Talos Energy,” Fielder said. “This entity is charged with creating low-cost, reliable, responsible decarbonization solutions.”
Based in Houston, Talos Energy is one of the Gulf of Mexico’s largest public independent producers with operations in the U.S. and offshore Mexico. The company has also recently begun to explore opportunities to reduce industrial emissions through carbon capture and storage initiatives along the U.S. Gulf Coast and Gulf of Mexico in hopes of becoming the low-carbon “partner of choice,” according to Fielder.
“In many cases where we’re building out regional hubs, we see this as looking more like a toll and hub model where we can offer a CO₂ disposal solution including a transportation piece for a fee,” she said. “We can also leverage some of the 45Q tax credits as well—so if we take on all the capture and do all of this as a complete bundled service, we can also claim some of those tax credit dollars and bring revenue in that way.”
Fielder is an honoree of Hart Energy’s Oil and Gas Investor Influential Women in Energy program and will be recognized at the 5th Annual Influential Women in Energy luncheon and networking event on Friday, April 29 at the Marriott Marquis hotel in Houston. For more information on the luncheon and these extraordinary women visit HartEnergyConferences.com/Women-in-Energy.
Robin Fielder is the executive vice president, low carbon strategy and chief sustainability officer, serving as the lead executive for Talos Energy’s carbon capture and sequestration business and overseeing the ESG initiatives. Prior to Talos, Fielder served as president, CEO and a member of the Noble Midstream Partners board of directors where she guided the partnership within Chevron and led integration efforts for the take-private transaction of NBLX in 2021 following the 2020 acquisition of its parent company, Noble Energy by Chevron.
Before joining Noble Energy and Chevron, Fielder served as CEO, president, and director for Western Midstream Partners (formerly Western Gas, WES), where she led the WES and the Anadarko Petroleum Corp. marketing organizations through the Occidental Petroleum Corp. acquisition of Anadarko in 2019.
With nearly 20 years of steadily increasing responsibility at Anadarko, Fielder built executive skills serving as vice president of investor relations, among other roles within the company’s E&P business units.
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