Enterprise, CO2 Ventures Highlights Latest Midstream Projects

Oxy Low Carbon Ventures and Wolf Midstream also plan sequestration operations in this roundup of the latest carbon management projects.

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Enterprise Products Partners and Occidental Petroleum agreed in late April to develop a CO₂ transportation and sequestration system for the Texas Gulf Coast. The initial focus will be the corridor from Houston to Beaumont/Port Arthur, and would combine Enterprise’s large midstream energy sector with the subsurface characterization and CO₂ sequestration experience of Oxy Low Carbon Venture (OLCV) subsidiary.

According to the agreement, Enterprise would develop the CO₂ aggregation and transportation network using a combination of new and existing pipelines along its expansive Gulf Coast system. OLCV, through its 1PointFive business unit, is developing sequestration hubs on the Gulf Coast and across the U.S., some of which are expected to be anchored by direct air-capture (DAC) facilities. 

“For many years, Enterprise and Oxy have successfully collaborated in developing traditional oil and gas projects,” said A.J. Teague, co-CEO of Enterprise’s general partner.

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