Admittedly, the idea of capturing carbon dioxide, cooling and compressing it into a weird, neither-liquid-nor-gas state, and pumping it deep underground for permanent storage would have baffled the crude oil wildcatters and pipeline builders that created the modern energy industry back in the 1940s and ’50s. They’d surely say, “You’re proposin’ to do what?!” But times have changed. The oil and gas business is entering an extraordinary era of transition, and producers, midstreamers, and refineries alike need to keep abreast of what’s happening regarding carbon capture and sequestration (CCS), how it will affect them, and — ideally — figure out ways to profit from it. That’s the impetus behind today’s RBN blog, in which we begin a deep dive into efforts to reduce emissions of man-made CO2 by capturing it from industrial sources and piping it to specially designed wells for permanent storage.
Way Down in the Hole – Carbon Capture and Sequestration’s Growing Role in the Energy Industry
