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Bayou Bend CCS

USA
Greenfield

Overview

Status
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Greenfield
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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Chevron (50%); Talos Energy (25%); Equinor (25%, acquired from Carbonvert in August 2023)
Proponent
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Bayou Bend CCS LLC
Output
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Type of electricty
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Capacity
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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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Chris Powers, Vice President, CCUS, Chevron New Energies
Lawyers
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Project Cost
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Offtaker
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Commercial Operations Date
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2026
Decommission Date
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FID
-

Description

A carbon capture and storage project located along the Gulf Coast in Southeast Texas.

Bayou Bend is a joint venture between Chevron U.S.A. Inc., through its Chevron New Energies division, Talos Energy Inc., through its Talos Low Carbon Solutions division, and Carbonvert, Inc.

Equity interests in Bayou Bend are 50 percent Chevron, 25 percent Talos and 25 percent Equinor. Effective March 1, 2023, Chevron became the operator of the LLC.

In August 2023, Equinor acquired a 25% stake in the project from Carbonvert. In March 2024, Talos entered into an agreement to sell its subsidiary Talos Low Carbon Solutions, including its stake in Bayoun Bend CCS, to TotalEnergies E&P USA.

The project encompasses nearly 140,000 acres of pore space for permanent CO2 sequestration. The total acreage holds a gross storage capacity of more than one billion metric tons.

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