Louisiana Offshore CO2 Hub — Project Lochridge
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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Carbon Zero US, LLC; Cox Operating, L.L.C.; Crescent Midstream; Repsol
Proponent
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Southern States Energy Board; Repsol SA; Crescent Midstream LLC; Cox Operating LLC; Carbon Zero US LLC; Louisiana State University; Southern University at Shreveport
Output
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Carbon capture and storage (CCS)
Type of electricty
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Capacity
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Up to 300 million tonnes of CO2
Financing
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DOE Funding: $ 8,441,877 Non-DOE Funding: $ 2,133,361 Total Value: $ 10,575,238
Technology
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Technical Advisors
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Advisors
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Project Contact
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Ben Wernette, Southern States Energy Board
Lawyers
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Project Cost
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$10.6m
Offtaker
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Commercial Operations Date
-
Decommission Date
-
FID
-
Description
An offshore CO₂ storage complex in the Gulf of Mexico’s South Timbalier Lease Area off the coast of Louisiana. The project would repurpose some of Cox’s offshore assets, consisting of more than 600 wells in 66 fields. As part of the project, Crescent will repurpose a 110-mile pipeline corridor to transfer the CO2.
Southern States Energy Board intends to establish an offshore CO₂ storage complex in the Gulf of Mexico’s South Timbalier Lease Area off the coast of Louisiana.
Initial estimates and interpretations suggest that this project likely will be able to transition into a commercial Outer Continental Shelf CO2 storage complex capable of safely and permanently storing commercial volumes of CO2 sourced from industrial emitters in and around Geismar, Louisiana.
DOE is supporting the project through its CarbonSAFE program.