CapturePoint LLC is focused on Carbon Capturing Sequestration (CCS) and Enhanced Hydrocarbon Recovery (EOR/EGR) activities.
CapturePoint LLC plans to develop multiple Class VI sequestration facilities in the US, as there is currently only one Class VI sequestration facility in the U.S.
Editor's note: Updated Aug. 1, 2022.
Southwestern will deliver CO2 through its midstream provider, Energy Transfer, to CapturePoint’s carbon storage hub in Louisiana.
CapturePoint Solutions and Energy Transfer's partnership is anticipated to capture millions of tons of CO2 emissions annually from the Haynesville shale to be permanently sequestered in its facilities.
Allen, Texas-based CapturePoint currently has EOR operations, which injects carbon into old wells to boost production, and carbon pipelines.