Happy Tuesday!
We love articles which tie to our
previous Blogs. We recently blogged
about Ory’s subsidiary 1PointFive and the progress they have made with their
West Texas “Stratos” CCUS project, then we did another one on their work at their
South Texas DAC Hub and then for them receiving US Department of Energy’s CarbonSAFE
Initiative Phase III funding for “Bluebonnet” and “Magnolia.” Well, 1PointFive is in the news again.
Did anyone happen to read the
Oil & Gas Journal’s Daily Update on October 28, 2024, they had an article
titled, “Occidental’s 1PointFive CCUS subsidiary partners with Enterprise Products
Partners for CO2 transport network”? The
article is on Oxy’s low carbon venture, 1PointFive,
has allied and signed an agreement with Enterprise Products Partners LP (EPD)
for them to build a carbon dioxide (CO2) transit system to bring captured CO2 from
industries along the Gulf Coast to its Bluebonnet Hub which is situated in East
Texas in Chambers, Liberty, and Jefferson counties. 1PointFive
allying with this midstream leader in oil and gas was ideal with them having an
already extensive network of pipelines in this region. EPD will be offering a fee-based transportation
service to industry in the Gulf Coast region to help 1PointFive transport
their client’s captured CO2 to East Texas for storage in saline formations deep
underground. Once 1PointFive has
established their clientele base and work on their East Texas hub, they will
let EPD know it’s time to start on the network which will be built along EPD’s existing
pipeline corridors. This is one more
step in the equation to clean up our air quality and help reduce climate change. We wish them luck moving their project and
transportation system forward and we will let you know, if we hear anything
else! If you would like more information
on this article from Oil and Gas Journal, please click the links: Oxy’s
1PointFive CCUS subsidiary partners with Enterprise Products Partners for CO2
transport network | Oil & Gas Journal.
Don’t forget to check out our ESC's website or contact us via the email in the Blog,
if you have a hydrocarbon liquids project you would like to see get off the
ground or you would like to see what’s under your feet to help with your
emissions!
We hope you have a great week!
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