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
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.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 💰 Where the $6.5 Trillion Goes: Carbon Tech Fights for Funding 🔋 Douglas PUD Commission Cuts Ribbon At Renewable Hydrogen Production Facility 🍁 Quinbrook Acquires First Canadian ...
Inside This Issue 🌎 Are U.S. Setbacks Fueling a Global Push for Decarbonization? 🛢️ “Grand Bargain” Would Result In More Oils ands Emissions, Not Less 🤝 MOU Signed With JGC Group 🧪 IonQ Quantum Co...
Inside This Issue 🌍 Energy Security Now Drives Decarbonization Faster Than Climate Policy 🐄 Utility Global and Maas Energy Works Announce Agreement to Develop Dairy Digester-to-Hydrogen Mobility P...
AutoMobility LA Expands Fleet Innovation Showcase For 2025
Keynote from Voltera, NAFA Fleet Management Association regional meeting, and leading OEMs highlight the future of zero-emission and connected fleets at LA Auto Show Media Day. AutoMobility LA, th...
Green Plains Announces Startup Of Carbon Capture System At York Facility
OMAHA, Neb. -- Green Plains Inc. (NASDAQ: GPRE) today announced the successful startup of its carbon capture and storage (CCS) equipment in York, Nebraska, marking a key milestone in the expansion ...
Linde Starts Up Supply Of Industrial Gases Near Charleston, TN
HOUSTON -- Linde announced it has started up the supply of industrial gases to serve customers in the Knoxville, Chattanooga and Nashville areas of eastern Tennessee, as well as northern Alabama an...
Siemens Partners With Airbus To Decarbonize Major Industrial Sites In The U.S. And U.K.
Siemens to work toward the decarbonization of four Airbus industrial sites in the U.S. and U.K. as part of Airbus’ program to reduce its operational environmental footprint. The program aims to cut...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.