Uh oh. This isn’t good news for those pegging their hopes and dreams (and financial future) on developing a hydrogen hub in the Marcellus/Utica region. The research arm of Enverus (formerly Drillinginfo), one of the most trusted, energy-dedicated SaaS platforms, offering real-time access to analytics, insights and benchmark cost and revenue data, has just released a new report examining the potential for CO2 storage in Appalachia. The report looks at the geology and the economics of storing CO2 in our region, and the results are not promising.
Uh oh. This isn’t good news for those pegging their hopes and dreams (and financial future) on developing a hydrogen hub in the Marcellus/Utica region. The research arm of Enverus (formerly Drillinginfo), one of the most trusted, energy-dedicated SaaS platforms, offering real-time access to analytics, insights and benchmark cost and revenue data, has just released a new report examining the potential for CO2 storage in Appalachia. The report looks at the geology and the economics of storing CO2 in our region, and the results are not promising.