Plans for a major carbon capture and storage project in Lea County, New Mexico, have been given the green light by the US Environmental Protection Agency (EPA).
Lucid Energy Group is behind the project that will sequester carbon dioxide (CO2) from its Red Hills gas processing complex – and it’s believed the be the largest of its type in the Permian Basin.
Having previously submitted a monitoring, reporting and verification plan to the EPA, the company can now safely ensure permanent carbon capture and storage (CCS) of CO2 remove from the natural gas stream during the processing and treating of the fuel from its customers.
Mike Latchem, CEO of Lucid Energy, said, “Since our entry to the Delaware Basin five years ago, Lucid has targeted investments in large-scale gas treating assets, which empower our customers to develop highly economic drilling locations with associated off-spec gas.”
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