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Permian Basin Oil and Gas Magazine

PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

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Chevron, partners to triple size of carbon capture, storage hub on Texas coast

April 7, 2023 by PBOG

Houston-based Chevron and its partners Talos Energy and Carbonvert said recently they will triple the size of Bayou Bend CCS, a carbon capture and storage project on the Gulf Coast, to become one of the largest in the nation.  Chevron said it acquired about 100,000 acres of onshore land in Chambers and Jefferson counties.  The joint venture intends to collect and bury greenhouse gases from clients in the petrochemical, cement, steel and other industrial businesses along the Texas coast, including Houston ship channel.

Expanded Bayou Bend CCS now covers about 140,000 acres of pore space for permanent CO2 sequestration along with the existing 40,000 acres offshore Beaumont and Port Arthur.  It is positioned to be a leading carbon transportation and storage solution with the total acreage’s gross storage capacity of more than 1 billion metric tons.

Alex Tiller, president and CEO of Carbonvert, said March 6, “Expanding Bayou Bend alongside our partners Chevron and Talos is Carbonvert’s next step to enabling critical large-scale carbon removal and reduction projects.”  Chris Powers, vice president of Chevron New Energies, said the project delivers solutions for “harder-to-abate industries.”

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