Wyoming Carbon Dioxide Storage Unit Agreement

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

This form is a carbon dioxide storage unit agreement.
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FAQ

Developed over multiple phases through 2030, the project will meet the rapidly growing demand for carbon removal credits. In June 2023, Frontier Carbon Solutions announced the Sweetwater Carbon Storage Hub in Southwestern Wyoming, one of North America's first open-source, multipurpose carbon storage hubs.

(a) The ownership of all pore space in all strata below the surface lands and waters of this state is declared to be vested in the several owners of the surface above the strata.

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.

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.

Carbon dioxide (CO2) can be stored underground as a supercritical fluid. Supercritical CO2 means that the CO2 is at a temperature in excess of 31.1°C (88ºF) and a pressure in excess of 72.9 atm (about 1,057 psi); this temperature and pressure defines the critical point for CO2.

How can CO2 be stored underground? Compressed CO2 can be injected into porous rock formations below the Earth's surface using many of the same methods already used by the oil and gas industry. The three main types of geological storage are oil and gas reservoirs, deep saline formations, and un-minable coal beds.

OSHA has established a Permissible Exposure Limit (PEL) for CO2 of 5,000 parts per million (ppm) (0.5% CO2 in air) averaged over an 8-hour work day (time-weighted average orTWA.)

This Act ensures a permanent storage of CO2 in underground rock layers in a way that protects humanity and the environment and takes the responsibility for future generations into consideration.

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Wyoming Carbon Dioxide Storage Unit Agreement