1PointFive | Livingston Parish Sequestration Hub
USA
Announced
Overview
Status
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Announced
Region
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North America
Geography
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USA
State
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Louisiana
Equity Owner
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Oxy Low Carbon Ventures, LLC
Proponent
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1PointFive
Output
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Carbon sequestration
Type of electricty
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Capacity
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Storage of up to 6 million metric tons of CO₂ per year
Financing
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Technology
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Technical Advisors
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Advisors
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Project Contact
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Doug Conquest, Vice President, Oxy Low Carbon Ventures
Lawyers
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Project Cost
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Offtaker
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Commercial Operations Date
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2025
Decommission Date
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FID
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Description
1PointFive has leased land from Weyerhaeuser Company to develop a carbon sequestration hub in northeastern Livingston Parish, Louisiana. 1PointFive intends to use the land to sequester CO₂ in underground rock formations while Weyerhaeuser continues to manage the above-ground acreage as a working forest. The Livingston hub is expected to include 16 wells: five to six wells to inject CO₂ into the geologic storage formation, and eight to 10 wells for monitoring the CO₂ above, below and within the geologic formation.