World Oil , December 27,2022
Carbon-Zero US LLC, Cox Operating LLC, Crescent Midstream and Repsol announced a partnership to develop one of the Gulf Coast’s largest offshore hubs for the permanent storage of carbon dioxide.
Cox is among the largest owners of energy infrastructure in the offshore Gulf of Mexico and intends to repurpose facilities and equipment to lower the carbon capture and sequestration project’s carbon footprint during a market-based energy transition.
Cox’s current leasehold consists of more than 600 wells in 66 offshore fields potentially containing the largest carbon dioxide storage volume owned by a single operator in the Gulf of Mexico.
Crescent Midstream, a Louisiana-based pipeline operator, has extensive onshore and offshore pipeline construction and operations experience in the Gulf of Mexico.
In conjunction with its CCS hub partners, Carbon-Zero recently applied to the Department of Energy for the CarbonSAFE program for a pilot in one of their proposed carbon dioxide sequestration locations. The proposed project accesses offshore storage fields from Crescent and Cox’s Grand Isle, Louisiana, facilities.
Crescent Midstream completed an initial FEED study for a 110-mile carbon dioxide pipeline from Geismar to Grand Isle, utilizing existing Crescent pipeline rights of way.