BP Plc has started drilling appraisal well in Texas for carbon capture and storage (CSS) operations.
Linde, an oil and gas giant listed on The Financial Times Stock Exchange 100 Index, said in May 2022 that it has plans to build a site on the Texas coast for storage of carbon produced by the company’s manufacturing facility in Houston.
The joint Linde-BP CCS project is scheduled to open in 2026 and will first emphasize the production of blue hydrogen from natural gas with the resulting captured carbon made available to Linde’s hydrogen clients through the company’s regional pipeline network. The system is expected to also capture carbon from other industrial facilities.
BP’s role will be to build and handle the permit for permanent geologic storage wells that have a 15mln metric tonnes capacity. Linde will bring its carbon separation, capture, and compression technologies to the table.
“We are currently using our subsurface and expertise to drill an appraisal well, for our US carbon capture and storage business,” said Jack Collins, finance chief of BP’s BPX Energy shale subsidiary, during the EnerCom conference. He did not provide further details.
A filing with the Texas Railroad Commission – the state’s energy regulator – showed that BP received approval earlier this year for drilling an appraisal well in Galveston County. According to the permit, however, the well was not intended for hydrocarbons.
BP plc is a British oil and gas company with headquarters in London. One of the seven global “supermajors,” BP is a vertically integrated firm that operates in all oil and gas sectors: exploration, extraction, refining, distribution and marketing, generation of power, and trading.Linde is an international chemical company established in Germany and currently headquartered in the UK. It is a global industrial gas leader in terms of revenue and market share.
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