Gulf of Mexico Carbon Capture and Sequestration Partnership Hub Announces Development of One of the Largest CO2 Offshore Storage Projects
Cox is among the largest owners of energy infrastructure in the offshore Gulf of Mexico and intends to repurpose facilities and equipment to lower the Carbon Capture and Sequestration project's carbon footprint during market-based energy transition.
- Cox is among the largest owners of energy infrastructure in the offshore Gulf of Mexico and intends to repurpose facilities and equipment to lower the Carbon Capture and Sequestration project's carbon footprint during market-based energy transition.
- Cox's current leasehold consists of more than 600 wells in 66 offshore fields potentially containing the largest carbon dioxide storage volume owned by a single operator in the Gulf of Mexico.
- Crescent Midstream, a Louisiana-based pipeline operator, has extensive onshore and offshore pipeline construction and operations experience in the Gulf of Mexico.
- The proposed project accesses offshore storage fields from Crescent and Cox's Grand Isle, Louisiana, facilities.