Barrell Energy Inc. Announces the Development of the Gulf Coast Storage Network
Published by Todd Bush on September 4, 2023
NEW ORLEANS--(BUSINESS WIRE)-- Barrell Energy, Inc. announces the development of the Gulf Coast Storage Network. Barrell Energy announced today that it is developing the Gulf Coast Storage Network (GCSN), which currently consists of four carbon sequestration sites along the Gulf Coast in Louisiana and Texas.
Barrell Energy President Kirk Barrell said, "Carbon sequestration is rapidly emerging as a current technological solution for the permanent storage of CO2. We believe it is a key pillar in this new era of 'Energy Expansion and Diversification.'"
With 37 years of geological experience across the Gulf Coast, Barrell Energy has performed extensive evaluation of multiple sequestration sites targeting Miocene, Frio, Wilcox, and Cretaceous reservoirs in Louisiana and Texas.
Barrell stated, "While the Gulf Coast contains a large volume of carbon dioxide emissions, it also contains world-class reservoirs for the permanent storage of CO2. We look forward to obtaining partners for our expanding network of geologically-superior and geographically-focused sites across the region."
>> In Other News: Carbon Centric and Fidelis New Energy Enter Into Letter of Intent for Onshore CO2 Storage
About Barrell Energy, Inc.
Barrell Energy, Inc. is a privately held energy company actively engaged in projects spanning oil, natural gas, solar, carbon dioxide, and brine minerals. The company has closed $432 million of transactions over the past eleven years. Barrell Energy was founded in 1997 by Kirk Barrell. The company leverages its 37 years of geological and geophysical experience to obtain strategic positions in energy projects.
Subscribe to the newsletter
Daily decarbonization data and news delivered to your inbox
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Latest issues
-
G20's Carbon Removal Gap Opens $1 Trillion Door
Inside This Issue 💰 G20's Carbon Removal Gap Opens $1 Trillion Door ✈️ Gold Standard Labels First Credits As Eligible For CORSIA Compliance 🌲 Chestnut Carbon Has Sold High-Integrity IFM Carbon Rem...
-
How Direct Air Capture Could Drop 75% in Cost
Inside This Issue 💨 How Direct Air Capture Could Drop 75% in Cost ⚡ Cache Power Advances 30 GWh Compressed Air Energy Storage Project In Alberta 🪨 Canada Nickel And The University Of Texas At Aust...
-
EPA Rule Unlocks $20B Biofuels Boom: The Decarbonization Players Who Gain
Inside This Issue 🌾 EPA Rule Unlocks $20B Biofuels Boom: The Decarbonization Players Who Gain ⛏️ DMS Georgia: World’s First Deep Mine Carbon Storage 💧 Dirty Water Boosts Prospects for Clean Hydrog...
Company Announcements
-
Topsoe Technology Enables Green Ammonia Production in the U.S.
Synergen Green Energy has chosen Topsoe as the technology licensor for its green ammonia plants to be built in the U.S. Topsoe will deliver its dynamic ammonia loop technology and its proprietary ...
-
A data-driven blueprint for identifying and designing nature-based voluntary carbon market (VCM) projects that deliver both carbon and biodiversity outcomes. NEW YORK, NY (November 3, 2025) — Carb...
-
Flagship system marks Plug’s first commercial electrolyzer deployment in the Netherlands and serves as a path for future Dutch hydrogen hub developments SLINGERLANDS, N.Y., Nov. 05, 2025 (GLOBE NE...
-
Gold Standard Labels First Credits As Eligible For CORSIA Compliance
Date: Nov 5, 2025 Location: Geneva, Switzerland Released by: Gold Standard Download Media Release Today, Gold Standard has for the first time labelled carbon credits as eligible to be used under ...