Oklahoma Carbon Dioxide Storage Lease

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US-OG-951
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This form is a carbon dioxide storage lease.
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FAQ

The purposes of the program are to provide a mechanism for creating and preserving carbon reserves in this state by encouraging voluntary practices that protect or improve natural resources, to enable Oklahomans to participate in market-based programs for natural resource protection, to provide a mechanism for ...

CO2 is transported, stored and handled in liquid form, either at ambient temperature (in cylinders or non-insulated storage tanks at a pressure of 45-65 bar) or refrigerated (in insulated tankers and storage tanks) at temperatures between -35 °C and -15 °C and pressures of 12 to 25 bar.

The analysis suggests coal-sourced CO2 emissions can be stored in this region at a cost of $52?$60 ton?1, whereas the cost to store emission from natural-gas-fired plants ranges from approximately $80 to $90. Storing emissions offshore increases the lowest total costs of CCS to over $60 per ton of CO2 for coal.

They range between $100-$5,000. This greatly depends on the type and size as explained below. The CO2 tank by CryoFX can be sold in either steel or aluminum with or without siphon tubes. The CO2 tanks are offered in a variety of shapes and sizes which include: 20 lb., 35 lb., 50 lb., 75 lb., 100lb and 135lb.

CO2 transport and storage costs vary regionally. Key variabilities are distance, scale, monitoring, geology, and pipeline costs. We find CO2 transport and storage costs range from $4 to 45/tCO2. CCS deployment is more sensitive to transport and storage costs in some regions.

The cost of carbon capture and storage (CSS) and carbon dioxide removal (CDR) solutions varies by approach and technology. It is estimated that CCS costs ranged between 15 and 130 U.S. dollars per metric ton of carbon dioxide (tCO?), while the costs for direct air CCS ranged between 100 and 345 U.S. dollars per tCO?.

Estimated costs for sequestering up to 500 million tons of carbon per year?an amount that would offset up to one-third of current annual U.S. carbon emissions?range from $30 to $90 per ton.

Finally, you can invest in funds that focus on clean energy or environmental technologies, which may have a portion of their portfolio invested in carbon capture companies. To mitigate the risks associated with investing in carbon capture, investors can consider exchange-traded funds (ETFs) or mutual funds.

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Oklahoma Carbon Dioxide Storage Lease