Texas Carbon Dioxide Storage Unit Agreement

State:
Multi-State
Control #:
US-OG-953
Format:
Word; 
Rich Text
Instant download

Description

This form is a carbon dioxide storage unit agreement.
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FAQ

Class VI wells are wells used for injection of carbon dioxide (CO2) into underground subsurface rock formations for long-term storage, or geologic sequestration.

Class VI wells are used to inject carbon dioxide (CO2) into deep rock formations. This long-term underground storage is called geologic sequestration (GS).

Class II wells are used to inject fluids related to oil and gas production, including injection of CO2 for EOR. Class VI wells are used to inject CO2 for GS.

EPA aims to review complete Class VI applications and issue permits when appropriate within approximately 24 months. This timeframe is dependent on several factors, including the complexity of the project and the quality and completeness of the submitted application.

Class IV wells are shallow wells used to dispose hazardous or radioactive wastes into or above a geologic formation that contains an underground source of drinking water (USDW). In 1984, EPA banned the use of Class IV injection wells.

In Texas and most states, pore space belongs to the surface owner, absent an explicit severance. Some states are passing statutes prohibiting the severance of pore space as a separate estate, thereby securing ownership in the surface owners.

Class II wells are used only to inject fluids associated with oil and natural gas production. Class II fluids are primarily brines (salt water) that are brought to the surface while producing oil and gas. It is estimated that over 2 billion gallons of fluids are injected in the United States every day.

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Texas Carbon Dioxide Storage Unit Agreement