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Omnia Midstream | Permian Regional Carbon Storage Hub

USA
Announced

Overview

Status
-
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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Omnia Midstream Partners
Proponent
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Omnia Midstream Partners
Output
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Carbon sequestration
CarbonSAFE
Type of electricty
-
Capacity
-
Financing
-
Technology
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Technical Advisors
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Advisors
-
Project Contact
-
Lawyers
-
Project Cost
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up to 100 million tonnes of CO₂
Offtaker
-
Commercial Operations Date
-
Decommission Date
-
FID
-

Description

Omnia Midstream Partners is conducting a feasibility study to advance the Permian Regional Carbon Sequestration Hub for future storage activities in the Delaware Basin in Texas.

The project was selected for CarbonSAFE Phase II: Storage Complex Feasibility and will perform technical, economic, and community assessments for potential CO2 storage complexes.

The project is among 16 projects selected by the U.S. Department of Energy in November 2023 to receive over $444 million. The 16 projects were selected for negotiation to support the development of new and expanded large-scale, commercial carbon storage projects, each with the capacity to securely store 50 or more million metric tons of carbon dioxide over a 30-year period.


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