A July report from the Council on Environmental Quality said that a CCS industry large enough to help meet the country’s goal of “net-zero” emissions by 2050 could require 68,000 miles of new CO2 pipelines. The oil and gas pipeline industry could find immense business opportunity in building out the nation’s CO2 pipeline network which currently is the largest in the world at about 5,150 miles of infrastructure.
Brownstein Hyatt Farber Schreck published an article providing general information and recent opportunities emerging to make CCUS a meaningful climate change solution. The article shines a light on how Wyoming has favorable CCUS laws including permitting procedures and requirements for CCUS sites as well as certification of CO2 intentionally stored during enhanced oil recovery (EOR) operations. The article also mentions Wyoming’s CO2 transportation infrastructure and the Wyoming Pipeline Corridor Initiative (WPCI) establishing corridors on public lands designed to lower upfront costs and encourage regulatory stability.
By providing vital assistance in the form of relevant technology, key information, technical expertise and knowledge, the EORI has proven to be an important asset. Take a look at how EORI serves Wyoming’s energy industry and adds value to the state.
Thermal maturity, the degree to which the total organic carbon in a formation has been transformed from kerogen to producible hydrocarbons due to heat and pressure, is an important measure for not just the quality of a source rock, but also helps for delineating areas more favorable for unconventional drilling. EORI’s report of thermal maturity of the Mowry Shale in the Powder River Basin provides a detailed map based on a large public Tmax data set.
The Carbon Storage Newsletter provides information on recent activities and publications related to carbon storage. It covers domestic, international, public sector and private sector news in areas such as: DOE/NETL Highlights, announcements, project and business developments, legislation and policy, emissions trading, science and publications.
According to the bill, the package would allocate billions toward carbon capture, utilization, and storage efforts through 2026. The influx of federal spending could boost Wyoming’s existing CCUS efforts, including the University of Wyoming’s CarbonSAFE sequestration project and other initiatives throughout the state.
The StoryMap highlights Wyoming’s preparedness for CCUS through infrastructure, geology and tax incentives. Wyoming is CCUS Ready! identifies financial and environmental benefits to Wyoming and the nation by utilizing CCUS technology.
According to the report, the energy sector had been one of the country’s fastest growing job markets prior to the COVID-19 pandemic. From 2015 to 2019, the annual growth rate for energy employment in the United States was 3%—double compared to 1.5% in the general economy.