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Occidental and subsidiary 1PointFive said Monday the permits allow Occidental to leverage its expertise managing large quantities of CO2 while advancing technology that strengthens the United States energy security and furthers economic growth in Texas. The permits are the first EPA has issued to sequester CO2 from a DAC project.
The construction and monitoring of Class VI injection wells and the financial responsibility requirements for Class VI well operators are currently regulated by the EPA under the UndergroundInjectionControl program of the Safe Drinking Water Act. [2] Ordinance No. Tammany Parish Government v. Welsh , 2015-1152 (La.
HB 1284 grants the Texas Railroad Commission (“RRC”), the governmental agency that regulates the state’s oil and gas industry, sole jurisdiction over Class VI Injection Wells and carbon capture, use, and sequestration (“CCUS”) activities in Texas.
In addition to the unit order, the operator must receive approval for its injection wells. The order creating the unit will also name a unit operator and allocate unit costs in the same proportion that unit production is allocated.
HB 1284 grants the Texas Railroad Commission (“RRC”), the governmental agency that regulates the state’s oil and gas industry, sole jurisdiction over Class VI Injection Wells and carbon capture, use, and sequestration (“CCUS”) activities in Texas.
Coupled with the recent decline in oil and gas prices, many operators are left scrambling in an attempt to navigate unprecedented circumstances. If you have any questions about these regulatory developments or require assistance with any other oil and gas matters, please contact Jamie Rhymes, Jeff Lieberman, or Caleb Madere.
HB 1284 grants the Texas Railroad Commission (“RRC”), the governmental agency that regulates the state’s oil and gas industry, sole jurisdiction over Class VI Injection Wells and carbon capture, use, and sequestration (“CCUS”) activities in Texas.
The next step for GCS will be to obtain a Class VI UndergroundInjectionControl (“UIC”) permit from the U.S. In 2018, North Dakota was the first state to receive primacy for Class VI UIC wells, which are used for long-term storage of carbon dioxide captured from industrial and energy related sources.
The next step for GCS will be to obtain a Class VI UndergroundInjectionControl (“UIC”) permit from the U.S. In 2018, North Dakota was the first state to receive primacy for Class VI UIC wells, which are used for long-term storage of carbon dioxide captured from industrial and energy related sources.
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