Published by Todd Bush on August 29, 2022
KEMMERER, Wyo.– In a significant milestone in the Biden-Harris administration’s efforts to combat the climate crisis, the Bureau of Land Management has approved ExxonMobil Corporation’s proposal to sequester carbon deep underground in Lincoln and Sweetwater counties, Wyoming. This is the first project of its kind to be approved on BLM-managed lands.
>> In Other News: Chevron Named as Gold Sponsor for Carbon Intel Forum
The proposal includes a carbon dioxide disposal well pad and pipeline, which once completed will provide the opportunity for permanent underground storage of carbon dioxide produced along with natural gas at the existing ExxonMobil Shute Creek Plant. Currently, ExxonMobil sells the carbon dioxide for commercial uses and excess carbon dioxide is vented into the atmosphere under a permit approved by the Wyoming Department of Environmental Quality.
“This project is a prime example of how the BLM can work together with industry leaders to combat climate change,” said BLM Wyoming State Director Andrew Archuleta. “Projects like this will allow the BLM to play a part in reducing carbon dioxide levels in the atmosphere.”
The disposal well will sequester approximately 60 million cubic feet of carbon dioxide daily at a depth of approximately 18,000 feet in the water leg of the Madison formation, which is an approved disposal zone. The injection of carbon dioxide into underground geologic formations offers safe, secure, and permanent disposal.
Earlier this year, the BLM issued a new policy relating to geologic sequestration of carbon dioxide on public lands. Geologic carbon sequestration is the process of safely injecting carbon dioxide deep underground, permanently preventing it from entering the atmosphere and contributing to the climate crisis. Carbon dioxide has been injected underground in the United States since the 1940s, but typically as a temporary measure to produce more oil. This is the first time BLM has issued a policy to allow for the permanent underground storage of carbon dioxide.
The BLM manages more than 245 million acres of public land located primarily in 12 western states, including Alaska, on behalf of the American people. The BLM also administers 700 million acres of sub-surface mineral estate throughout the nation. Our mission is to sustain the health, diversity, and productivity of America’s public lands for the use and enjoyment of present and future generations.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 💂 Eni’s Douglas Platform Sets the Offshore CCS Blueprint 🌲 Pacolet Milliken Expands Its Biomass Platform With the Acquisition of Georgia Renewable Power 🧪 Metacon Receives EU Fun...
Inside This Issue ⛽ Gevo Sells $70M in 45Z Credits to a New Kind of Buyer 🌱 South Pole, Gaïago, and Gold Standard Issue European Soil Carbon Credits, Unlocking Verified Regenerative Agriculture Re...
Inside This Issue ✅ Verra's CCS Credits Just Got the Integrity Seal Buyers Want 💰 South Korea Unveils $747 Billion Energy Transition Plan Through 2035 💧 Hydrogen and Carbon Capture and Storage in ...
FuelCell Energy Appoints John Dansby to Lead Manufacturing Scale-Up
Accomplished global manufacturing executive will lead the expansion of FuelCell Energy’s manufacturing operations and build the systems required to support future growth. DANBURY, Conn., Oct. 12, ...
New tools will help regulators evaluate proposed research activities on ocean fertilization, ocean alkalinity enhancement and ocean sinking of biomass. The International Maritime Organization has ...
Metacon Receives EU Funding for Project Targeting High-Purity Green Hydrogen Production from Biogas
Metacon’s fully owned Greek subsidiary Metacon SA has received EU funding for its participation in the PUREHY2+ project. The project targets an integrated system solution that can enable biogas pro...
Pacolet Milliken Expands Its Biomass Platform with the Acquisition of Georgia Renewable Power
Pacolet Milliken LLC, a sustainability-focused, family-owned investment firm, announced today it has acquired 100% of Georgia Renewable Power ("GRP"), which owns two biomass power plants in northea...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.