
Omnia Midstream
Permian Regional Carbon Sequestration Hub
Permian Regional Carbon Sequestration Hub (PRCS) — Omnia Midstream Partners LLC plans to link proposed UIC Class VI wells and pipeline infrastructure with inactive legacy and existing CO2 enhanced oil recovery pipelines. This strategy will reduce expenses through operational redundancy and economies of scale, yield a favorable rate of return on invested capital, contribute to the decarbonization of the energy sector, and alleviate greenhouse gas emissions. Omnia plans the PRCS Hub as the primary conduit for future geologic storage activities in the Delaware Basin in Texas. Omnia has identified a suitable storage site based on several primary factors, including reservoir characteristics such as capacity, injectivity optimization, retention, induced seismicity risk mitigation, and pore space leasehold, along with proximity to emissions and legacy infrastructure. Omnia has been working with landowners and community members to achieve local benefits, including lower air pollution, job opportunities, increased tax revenues, and landowner participation. The plans also include leveraging the expertise of the skilled oil and gas workforce. Project leaders have formed partnerships with industry, academia, community, and landowners to expedite the deployment of the PRCS Hub. (DOE Funding: $8,921,052, Non-DOE Funding: $2,239,572, Total: $11,160,624)
State
Texas
Country
United States of America
Region
us
Gov funding
$8,925,950
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