Carbon+Intel: Talos Energy to develop CCS sequestration hub near Mississippi River

Talos Energy Inc. has reached an agreement with a large Louisiana landowner to lease approximately 26,000 acres along the Mississippi River industrial corridor for future CCS projects. The company also announced its entry into a MOU with EnLink Midstream LLC to provide integrated CO₂transportation solutions in the region.

Both agreements mark the first major CCS project in the Baton Rouge, New Orleans  area, known as the "River Bend CCS" project, and the first with an integrated midstream solution dedicated to permanent sequestration activities. Talos will be the project manager and operator of the injection, storage and monitoring and will be joined by its partner, Storegga Ltd.

Key highlights include:

• Approximately 26,000 acres leased in Iberville, St. James, Assumption and Lafourche Parishes, one of the largest industrial regions in the U.S. with approximately 80 MM metric tpy of CO₂ emitted regionally
• One Hub-class sequestration project comprised of three distinct sites with a cumulative storage capacity of over 500 MM metric t and identified collectively as River Bend CCS
• Located in a superior geologic fairway containing a 3,000+ ft thick saline aquifer column with porosity and permeabilities ideal for sequestration activities
• Talos has also secured a right of first refusal on approximately 63,000 additional acres in the area for phased, future expansion in order to meet expected future market demand
• Expands the Talos CCS project portfolio to three sequestration projects, including two regional hubs and one point source, spanning the Texas and Louisiana Gulf Coasts

"We are excited to announce this significant agreement establishing a major CO₂ sequestration hub along the Mississippi River along with the new transportation infrastructure collaboration with EnLink Midstream," said Talos EVP – Low Carbon Strategy and Chief Sustainability Officer Robin Fielder. "This combination of a large-scale, strategically located sequestration hub plus alignment across the value chain is positioned to deliver turn-key carbon removal solutions in one of the largest and most critical industrial regions in the U.S.."

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