The Houston Chronicle, November 8,2022
By: Kyra Buckley
Occidental Petroleum hopes to bring its bold plan of developing direct air carbon capture to a famous ranch in South Texas, the Houston-based company said this week.
Oxy and 1PointFive, its subsidiary focused on carbon capture, said they’ve agreed to lease more than 100,000 acres in Kleberg County for potential development of up to 30 direct air capture plants. The lease is with King Ranch, the historic, 825,000-acre ranch south of Corpus Christi, and includes access to land to store captured carbon underground in geologic reservoirs.