US oil and gas company Talos Energy and midstream company Howard Energy Partners (HEP) have entered into an option agreement with the Port of Corpus Christi Authority to develop carbon capture and storage (CCS) projects.
The new project will ne known as the Coastal Bend Carbon Management Partnership. It will aim to provide the Port of Corpus Christi’s customers, which number more than 200, with a turn-key CCS solution to help advance decarbonisation. The first nine months of the project will be an evaluation period, during which the partners will identify and advance CCS project solutions on Port-owned lands. HEP will offer its expertise in transport infrastructure to the partnership, while Talos will provide its subsurface and sequestration capabilities.
Talos and HEP have a lease option agreement covering 13,000 acres (5,261 ha) in the Port for evaluation. They initially hope to sequester 1-1.5 million tpa of CO2 from industrial emissions into saline aquifers with a total storage capacity of 50-100 million tonnes. With a successful proof of concept, and if the market is there, they say they will expand the project to ‘regional hub scale’, storing 6-10 million tpa of CO2. Current annual regional emissions amount to 20 million tonnes. HEP’s Javelina 60 mile (97 km) midstream system is directly connected to over half of the total regional emissions, making it ideal for gathering.
‘As a South Texas based company with significant infrastructure in Corpus Christi, we are uniquely positioned to leverage our midstream expertise and our strategically located Javelina off-gas recycling facility to provide cost-effective CO2 capture to our existing customers while reducing the local industry’s carbon footprint. This partnership is a natural evolution of the HEP growth story and a testament to our continued commitment to providing energy solutions that the world requires to flourish,’ says HEP CEO Mike Howard.
It is not Talos’ first venture into CCS. In February 2022 it signed a memorandum of understanding (MoU) with EnLink Midstream to develop a CCS project in Louisiana, and leased 26,000 acres (10,520 ha) along the Mississippi River industrial corridor to use for CCS projects. In November 2021, the company signed a letter of intent with US Gulf Coast exporter Freeport LNG to develop a CCS project offshore Texas. Both projects also include UK carbon management firm Storegga Geotechnologies.