Chasing Carbon: Talos Energy Talks CCS Point Source, Regional Hubs

Both have advantages, according to Talos Energy, but one could get developers to first injection quicker.

Talos Energy is actively evaluating potential project opportunities through its collaborative arrangements along the U.S. Gulf Coast. (Source: Gualberto Becerra/Shutterstock.com)

When it comes to capturing and storing CO2, going directly to the source of emissions and utilizing existing resources could prove beneficial in saving both time and money.

That’s one of the approaches Houston-based Talos Energy is taking with point source carbon capture as it expands its E&P technical expertise deeper into carbon, capture and storage (CCS). 

Speaking during the NAPE Business Conference recently, Talos Energy’s Chief Sustainability Officer Robin Fielder talked about the company’s efforts to help slash global greenhouse-gas (GHG) emissions.

CCS will be needed to decarbonize between 5% and 20% of such emissions, according to the Global CCS Institute. Estimates show global GHG emissions are at about 55 gigatons per annum, she said. Capturing just 5% of that means there is much work to do.

“[Today] we’re at 40 million tonnes per year, which is great. That can do a lot of good things,” Fielder said, “but we really are going to have to scale this up if we’re going to make a dent into our climate goals and needs.”

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Velda Addison

Velda Addison is the senior editor of digital media for Hart Energy’s editorial team. She covers energy with a focus on renewables.