Federal grant · cooperative agreement (b)
Bipartisan Infrastructure Law (bil): Permian Regional Carbon Sequestration Hub the Permian Regional Carbon Sequestration Hub Project (project) Is a Feasibility Study for the Development of a Carbon Dioxide (CO2) Storage Hub to Serve the Southern Delaware Basin in Ward, Winkler, Reeves, and Loving Counties, Texas. the Project Will Utilize Existing Data to Characterize Targeted Geologic Formations for CO2 Storage Within Ordovician-silurian-devonian Strata in Western Ward County (6.5 Miles North of Pecos, Texas) and Western Winkler County (23 Miles Northwest of Monahans, Texas). the Targeted Geologic Storage Formations Are Estimated to Be Capable of Storing Approximately 75,000,000+ Metric Tons of CO2. the Project Will Establish the Geologic Suitability of the Site for CO2 Storage and Expand the Knowledge of Storage Potential in the Southern Delaware Basin.
Committed
$8.9 Million
Paid out
$5.7M
64%
Committed, not yet paid
$3.2M
36%
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