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1PointFive | Bluebonnet Sequestration Project

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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Texas
Equity Owner
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Oxy Low Carbon Ventures, LLC
Proponent
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1PointFive
Output
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Carbon capture and storage (CCS)
Type of electricty
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Capacity
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8 mMT/ year in a 15-year period, with the potential for future expansion up to 26m Mt/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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Derek Willis, 1PointFive VP and Secretary, Derek_Willis@oxy.com
Lawyers
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Project Cost
-
Offtaker
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Commercial Operations Date
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2026
Decommission Date
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FID
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Description

A large-scale CO2 sequestration hub in Southeast Texas developed by 1PointFive.

Development of the project will enable capture and sequestration of 8 million metric tons (Mt) of CO2 per year for a 15-year period, with the potential for future expansion up to 26 million Mt per year.

The Bluebonnet Hub is located in Chambers, Liberty and Jefferson counties near refineries, chemical plants and manufacturing facilities along the Gulf Coast from Beaumont to Houston. The hub, which is expected to be operational in 2026, will provide for CO2 captured off-site to be securely stored in saline formations that are not associated with oil and gas production.

1PointFive has completed drilling a stratigraphic test well and subsurface assessment to characterize the site’s ability to securely store CO2 and expects to apply for two Class VI permits in 2023. 1PointFive and a subsidiary of Enterprise Products Partners L.P. are furthering the development of a CO2 transportation solution to gather CO2 from regional emitters and deliver to 1PointFive’s hub.

 


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