Tallgrass was recently awarded a state grant to fund the development of a commercial-scale CO₂ sequestration hub in the Denver-Julesburg (D-J) Basin in eastern Wyoming.
“This project can accelerate the state’s goal to be net negative in CO₂ emissions by importing and sequestering CO₂, and benefit the broader Rocky Mountain and Midwest regions,” Kyle Quackenbush, segment president, commented in a company release on Jan. 20.
Last March, Wyoming Gov. Mark Gordon introduced the mid-century goal of making Wyoming net negative in CO₂ emissions. In order for Wyoming—the top coal mining state in the U.S.—to achieve the ambitious target, Gordon is urging the development of hydrogen and carbon capture technology.
“Wyoming is deeply committed to providing decarbonized solutions for the 21st century,” Dr. Glen Murrell, executive director of the Wyoming Energy Authority, also commented in the Tallgrass release. “We are pleased to be able to fund Tallgrass’s Eastern Wyoming Sequestration Hub project, which has the potential to add an important resource for our net-zero goals.”
Based in Leawood, Kan., Tallgrass is an energy infrastructure company owned by an investor group led by Blackstone Infrastructure Partners and including Enagás SA, GIC, NPS and USS. In addition to midstream assets located throughout the Rockies and Midwest regions, Tallgrass also aims to play a leadership role in advancing decarbonization technologies, such as hydrogen and carbon sequestration.
“The Eastern Wyoming Sequestration Hub project is a strong addition to our existing decarbonization initiatives and aligns with our broader clean energy strategy,” Quackenbush added.
Tallgrass’ Eastern Wyoming Sequestration Hub project is designed to provide a cost-effective means of capturing, transporting and sequestering CO₂ across multiple states, according to the company release.
The company said it expects to utilize the Wyoming Energy Authority grant in 2022 to fund development activities and drilling a characterization well in connection with its anticipated Class VI permit filing for the Eastern Wyoming Sequestration Hub project. The grant is also in addition to Tallgrass’ proposed direct investment in the project.
Recommended Reading
BP Earns Approval to Redevelop Oil Fields in Northern Iraq
2025-03-27 - The agreement with Iraq’s government is for an initial phase that includes oil and gas production of more than 3 Bboe, BP stated.
Oilfield Services Outlook Goes from Not Great to Not Good
2025-04-15 - Piper Sandler Analyst Derek Podhaizer studied how the market reacted to previous price shocks to determine the 2025 playbook for the oilfield services sector.
Liberty Jumps on Power Service Opportunities as Oilfield Business Stays Flat
2025-04-17 - Liberty Energy is seeing a growing pipeline of opportunities to jump onto, even as tariffs and OPEC+’s production strategy create uncertainty in the energy sector.
BlackRock’s Fink Calls for Reliable US Power Grid—Now
2025-03-31 - “That starts with fixing the slow, broken permitting processes in the U.S. and Europe,” Larry Fink, the co-founder, chairman and CEO of $12 trillion investment-management firm BlackRock Inc., told shareholders March 31.
US Oil Rig Count Falls by Most in a Week Since June 2023
2025-04-11 - The oil and gas rig count fell by seven to 583 in the week to April 11. Baker Hughes said this week's decline puts the total rig count down 34 rigs, or 6% below this time last year.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.