Wyoming Energy Authority awards grant for CO2 Sequestration hub by Oil and Gas firm

Jan. 24, 2022
Tallgrass owns and operates numerous oil and natural gas pipeline and energy terminal assets in that region of the U.S.

Tallgrass, an energy and infrastructure firm, has received a grant from the Wyoming Energy Authority for the development of a commercial-scale CO2 sequestration hub in the Denver-Julesburg (DJ) Basin in eastern Wyoming.

The WEA Executive Director Dr. Glen Murrell said, “We are pleased to be able to fund Tallgrass’s Eastern Wyoming Sequestration Hub project, which has the potential to add an important resource for our net-zero goals.”

The project will provide a cost-effective method to capture, transport and sequester CO2 across multiple states. Tallgrass owns and operates numerous oil and natural gas pipeline and energy terminal assets in that region of the U.S.

“The Eastern Wyoming Sequestration Hub project is a strong addition to our existing decarbonization initiatives and aligns with our broader clean energy strategy,” said Kyle Quackenbush, Segment President. “This project can accelerate the state’s goal to be net negative in CO2 emissions by importing and sequestering CO2, and benefit the broader Rocky Mountain and Midwest regions. We very much appreciate the support of the Wyoming Energy Authority and look forward to working with them, as well as other government and community leaders in Wyoming.”

Tallgrass also expects to use the grant to fund development activities and drill a characterization well, which is in connection with its anticipated Class VI permit filing for the Wyoming Sequestration Hub.