Titan Treating Facility AGI

The Titan carbon storage project is an acid gas injection operation associated with the Titan Treating Facility operated by Northwind Midstream in Lea County, New Mexico within the Delaware Basin of the Permian Basin. The facility processes sour natural gas streams containing elevated concentrations of carbon dioxide and hydrogen sulfide, with separated treated acid gas compressed and injected into deep subsurface formations through Class II injection wells. The Salt Creek AGI No. 3 well was drilled and completed as a vertical injection well in October 2023 targeting the Delaware Mountain Group (DMG) formation. This well replaced the originally permitted Salt Creek AGI No. 1 well, which encountered drilling issues and was subsequently plugged and abandoned. Salt Creek AGI No. 2 is a directional injection well targeting the deeper Siluro-Devonian formation; drilling commenced in August 2024 with injection expected by the end of 2024. The well is drilled approximately 1,400 feet southeast from its surface location to access more favorable reservoir conditions identified through 3D seismic evaluation. Salt Creek AGI No. 2 is permitted to inject up to 12 MMscf/d of treated acid gas with a maximum allowable surface injection pressure of 5,798 psi, while Salt Creek AGI No. 3 is permitted for 8 MMscf/d with a maximum allowable surface injection pressure of 2,149 psi. The injected stream consists primarily of CO₂ with hydrogen sulfide, and storage occurs as part of ongoing sour gas processing operations rather than as a dedicated saline carbon storage development.