Article Nov. 8, 2023
We’ve broken ground on CO2 storage for customers
Article Nov. 8, 2023
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The rig is actually gathering information about an underground site that could store carbon dioxide (CO2) emissions captured from area industries. Think deposits, not withdrawals.
It’s also a milestone for ExxonMobil: While we’ve captured CO2 in our own operations for more than 30 years, this is the first well we’ve drilled to advance CO2 storage for customers.
“Everyone’s excited about this appraisal well because we’re literally breaking ground on a new chapter of our work to help reduce industrial emissions,”
Our rig in southeast Texas stands 225 foot tall and extends more than 8,000 feet below the ground (nearly the length of 30 Statues of Liberty) to gather information about the subsurface – and confirm the site can be used to safely store CO2.
And that’s just one site.
Soon, the rig will move to other sites in the U.S. Gulf Coast, helping our Low Carbon Solutions business deliver on its mission to create a lower-emission future by helping our customers decarbonize their operations. These customers include CF Industries, the world’s largest manufacturer of ammonia, Linde, a maker of medical-grade oxygen and other industrial gases and Nucor, the largest U.S. steel producer.
Click here to learn more about carbon capture and storage, and click here to learn more about our Low Carbon Solutions business.
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