DT Midstream, with significant infrastructure in the area, is planning a project that involves constructing new compression, CO2 pipeline, and capture equipment. The project aims to target a nearby geological storage formation with a capacity of over 1 million metric tons per annum. This sustainable investment offers upside potential, supporting a carbon-neutral "wellhead to water" service while reducing DTM's emissions profile. The project's economics are backed by the 45Q tax credit, with potential for additional third-party CO2 utilization.
Created by ECI LLC.