Lonquist Sequestration, LLC的封面图片
Lonquist Sequestration, LLC

Lonquist Sequestration, LLC

石油天然气

Austin,Texas 711 位关注者

Less Carbon Through More Innovation | Results Delivered By Better Engineering

关于我们

Carbon Sequestration and Storage: - Strategic Viability of Potential Sequestration Projects - Carbon Sequestration Geologic Site Characterization - Petroleum Engineering - Mapping and GIS Professionals IRS 45-Q Project Advisement: - Determination of Qualifying IRS Requirements - Advice on Implementing Strategies - Facilitate Management and Investor Understanding

网站
https://www.lco2.com/
所属行业
石油天然气
规模
51-200 人
总部
Austin,Texas
类型
私人持股
创立
2021
领域
Geological Valuations、Plume Modeling、Reservoir Engineering、Wellbore Design、Drilling Engineering、Completion Engineering、Field Services、Well Life-Cycle Maintenance Services、Plug and Abandonment、Geographical Information Systems、Regulatory、Project Cost and Economics、Project Management、Geological Mapping、Well Testing Services、Strategic Mapping、Target Sources和Regulatory Planning

地点

  • 主要

    12912 Hill Country Blvd

    Suite F-200

    US,Texas,Austin,78738

    获取路线
  • 1415 Louisiana Street

    Suite 3800

    US,Texas,Houston,77002

    获取路线

Lonquist Sequestration, LLC员工

动态

  • SINTEF has launched gigaCCS, a new research center dedicated to advancing carbon capture and storage (CCS). The kick-off meeting brought together over 90 participants, including representatives from the Centre’s 39 founding industry and research partners, as well as the Research Council of Norway and the Norwegian Government. Research Director Mona M?lnvik emphasized the critical role of scaling CCS to the gigatonne level in achieving both national and global emission reduction targets. The Centre aims to reach this scale for net-zero emissions by 2025. “In eight years, when the Centre concludes, we want to celebrate a success—not for ourselves, but because the world needs it,” M?lnvik stated. Read more here: https://lnkd.in/gK83J6bj #CCS #CCUS #carbonstorage #carboncapture #sequestration #research #researchcenter #norway #sintef

    • 该图片无替代文字
  • An article from Oilfield technology details the role of medium-voltage synchronous motors in powering CCUS. These motors drive the compressors and pumps used in the storage stage, offering high torque levels and precise control over speed and power output. This efficiency minimizes energy loss, reduces operating costs, and lowers the environmental footprint. Synchronous motors also integrate seamlessly into existing infrastructure and align with circular economy principles due to their durability and low maintenance requirements. They are 98% recyclable, with the remaining 2% of materials incinerable for heat recovery, further enhancing their sustainability. As industries intensify their decarbonization efforts, CCUS adoption is expected to rise, increasing the demand for highly efficient and reliable motor solutions. Read more here: https://lnkd.in/gVqi_dFu #ccus #ccs #carboncapture #carbonstorage #synchronousmotors

  • The Asia-Pacific (APAC) region is accelerating efforts to decarbonize heavy industries, and cross-border CO? shipping is emerging as the key enabler for carbon capture, utilization, and storage (CCUS). With Japan, South Korea, and Singapore expected to be major CO? exporters and Malaysia, Indonesia, Australia, and Brunei positioned as main sequestration hubs, cross-border CO? transport is a necessity. By 2050, APAC could be shipping up to 100 million tonnes of CO? annually, but government regulations and funding must be put in place. There's currently a lack of standardized regulatory framework across APAC. Key questions remain: What are the guidelines for CO? purity? Who pays for purification? Europe’s Northern Lights project has set a precedent by aligning purity standards and APAC needs a similar approach. Transporting CO? through ship is costly, between $141 and $287 per tonne. Without government incentives, tax breaks, and long-term contracts, it’s tough to justify the investment. In addition, building the 85 to 150 liquefied CO? carriers needed by 2050 will require $10 billion to $25 billion USD. Despite the challenges, momentum is building. Countries like Singapore, Japan, and Australia are signing agreements to explore CO? transport and storage, while companies are developing next-gen vessel designs to optimize efficiency. But for the initiative to be successful, governments need to step up and industry leaders must collaborate to create scalable, cost-effective solutions. Read more here: https://lnkd.in/g_r3GQWE #ccus #ccs #carboncapture #carbontransport #maritime #asiapacific #apac

  • Aramco has contracted Larsen & Toubro for a $1.5 billion project centered on carbon capture and storage (CCS). The project consists of engineering, procurement, and construction (EPC) services for Aramco's CCS hub, a major part of their Accelerated Carbon Capture & Sequestration (ACCS) initiative. The CCS hub aims to capture and sequester 9 million metric tons of CO2 annually. Expected to be operational by 2027, the facility will capture CO2 from Aramco’s industrial streams and store it in a saline aquifer. The project will leverage high-purity CO2 streams, with approximately 6 million tons sourced from Aramco’s gas plants and the remaining 3 million from other industrial sources. "This effort directly supports Saudi Arabia‘s 2060 net-zero ambition and the interim target of 44 million tons of CO2 sequestration by 2035." Read more here: https://lnkd.in/ghdc6m9G #ccs #carboncapture #carboncaptureandstorage #aramco #saudiaramco #netzero

  • China has built the world's first offshore floating production and storage vessel equipped with carbon capture and storage technology. The ship measures 1,100 feet in length and 200 feet in width, with a daily crude production capacity of 120,000 barrels. It can capture CO2 emissions generated during both its voyage and oil production. Additionally, it repurposes waste heat from exhaust gases to generate electricity. This vessel represents a significant advancement for China in offshore carbon capture. "In 2023, global offshore oil and gas production emitted approximately 38 million tonnes of CO2. The figure is expected to rise to nearly 50 million tonnes by 2030 if without any control." Read more here: https://lnkd.in/gvzzY92A Image credit: Emirates News Agency (WAM) #ccs #carboncapture #maritime #offshore #carboncaptureandstorage #carbondioxide #oilandgas

    • 该图片无替代文字
  • New marine carbon capture projects are set to remove thousands of tons of CO?, with Captura and Gigablue employing distinct sequestration methods. Captura utilizes direct ocean capture (DOC), extracting carbon from seawater through electrodialysis and gas separation. According to the company, this process enhances the ocean’s natural ability to absorb additional CO? from the atmosphere by targeting the "upper ocean." This enhances the water's ability to naturally absorb CO2 from the atmosphere. Gigablue, on the other hand, applies marine carbon fixation and sequestration. It leverages phytoplankton, which absorb carbon while growing on a nutrient-rich substrate. Once the phytoplankton reach a certain density, the substrate sinks to the ocean floor, effectively locking away carbon for long-term storage. Read more here: https://lnkd.in/gVeUZ8Zn Image credit: Captura #sequestration #sequester #carbondioxide #ccs #ccus #carboncapture #carboncaptureandstorage

    • 该图片无替代文字
  • Advanced membranes could be the key to scaling up industrial decarbonization. While CCUS technologies are brilliant innovations, cost and efficiency remain major hurdles. Carbon capture accounts for over half of the total CCUS costs. Additionally, the dilute nature of industrial CO? emissions, variations in emissions, site-specific restrictions, and the downstream destinations of captured CO? all present challenges to the process. Traditional membranes are already used in CO? processing but they come with limitations. Designed for high-pressure applications, they are not cost-effective for capturing flue gas, which exists in a low-pressure environment. Facilitated transport membranes (FTM) are an advanced membrane technology that effectively separates CO2 from dilute streams at pressures as low as 1.4 bara. "Their high selectivity and flux allow for processing large gas flows in a relatively small footprint, resulting in a modular and compact design." In addition, FTMs don't rely on chemical solvents which eliminates problems regarding degradation, emissions, and regeneration. "The ability of advanced membranes to act as a “universal adapter” that connects the dots between different novel and conventional capture technologies opens up new possibilities for carbon capture solutions across a wide range of industrial applications." Read more here: https://lnkd.in/guqTuv8k #ccus #ccs #carboncapture #advancedmembranes #decarbonization #sequestration #fluegas

    • 该图片无替代文字
  • Indonesia and ExxonMobil signs a $10 billion deal with total investments potentially reaching $15 billion to construct the first large-scale CCS plant. The investments are going to be used to build a carbon capture facility and petrochemical plant. The project is set to store a total of 3 million tonnes of CO2. "Airlangga Hartarto stated that carbon capture technology could reduce industrial carbon emissions by 90%, and the project holds significant strategic value, impacting the development of multiple industries in Indonesia." Still in the selection phase, the carbon capture facility is planned to be built in Sunda-Asri Basin and the petrochemical plant on the Java Island. The plant would demand 500 hectares of land and maximum distance of 100 kilometers from the carbon capture facility. "It is estimated that Indonesia has significant carbon capture potential, with depleted oil and gas fields capable of storing up to 8 billion tonnes of CO2, while saline aquifers could hold as much as 400 billion tonnes." Read more here: https://lnkd.in/gdmdcFJT #carboncapture #ccs #sequestration #carbonsequestration #indonesia #exxon

  • 查看Lonquist Sequestration, LLC的组织主页

    711 位关注者

    Nigeria is actively exploring Carbon Capture and Storage (CCS) opportunities to mitigate greenhouse gas emissions, particularly from its oil and gas sector, which accounts for approximately 55% of the nation's emissions. Because Nigeria is especially prone to the consequences of global warming including desertification and flooding, it's essential for the country to scale up CCS deployment. Currently, 80% of Nigeria's energy consumption depends on fossil fuels, and natural gas usage is projected to grow at an annual rate of 16.6% by 2030. In 2023, the Nigerian government collaborated with the World Bank and the International Finance Corporation to conduct a comprehensive study on CO? sources and storage options. They discovered 15 potential CCS projects, notably targeting fertilizer and cement plants near the Niger Delta, with plans to capture 2.0 to 2.5 million tonnes per annum (mtpa) of CO? to store in depleted oil fields. "Pilot versions of these projects at a smaller scale of 20 ktpa are also being considered with the aim to demonstrate CCUS feasibility in Nigeria, supporting capacity building and future scalability across Africa." The Nigeria's Climate Change Act 2021 creates the legal framework for CCS and the Energy Transition Plan (ETP) seeks to deploy CCS in the oil industry, aiming for net-zero emissions by 2060. The Niger Delta Basin stands out as the most suitable location for CCS deployment in Nigeria. Its unique geology featuring deep saline aquifers, impermeable caprocks, and structural traps makes it the ideal vessel for long-term CO? storage. Additionally, the region's established oil and gas infrastructure and proximity to major emission sources reduce operational costs, making CCS in the Niger Delta Basin a practical and efficient solution. Read more about it here: https://lnkd.in/egsenS3u Image source: Osmond et al., (2024) #ccs #carboncaptureandstorage #greenhousegas #nigeria #nigerdeltabasin #naturalgas #oilandgas #petroleum

    • 该图片无替代文字
  • Earlier this week, California's first CCS project got approved, marking a significant milestone in the state’s journey toward decarbonization. This groundbreaking initiative repurposes fossil fuel extraction infrastructure to sequester carbon while creating numerous job opportunities in the sector. "This announcement underscores California’s leadership in carbon capture and sequestration in the US and reaffirms our commitment to collaborating with the right partners on impactful and economically viable energy solutions that advance the transition to net zero." said a managing partner at Brookfield. The project is based at the Elk Hills cryogenic gas plant in Kern County, California. With it's close proximity to the injection reservoir, 26R, the transportation costs will be minimal. Through its joint venture with Brookfield, California Resources Corporation plans to capture and permanently store up to 100,000 tons per year of CO2 from the Elk Hills plant in the nearby 26R reservoir. Read more here: https://lnkd.in/gxbZZh98 #ccs #carboncaptureandstorage #sequestration #sustainability #california

相似主页

查看职位