NAPE Speakers Say Carbon Capture & Sequestration a Risky Business
Carbon capture and sequestration (CCS) is coming on strong everywhere, including the Marcellus/Utica. Two days ago, we told you that Tenaska is looking to lease 80,000 acres in the M-U for CCS (see Landmen Knocking Doors in PA, OH, WV to Sign for CCS, Pore Rights). We also told you about a Marcellus driller, BKV, that's looking to move into CCS in a big way, although mainly along the Gulf Coast (see Bumpy Financial Road for BKV – Company Bets on Carbon Capture). CCS was a big topic at last week's NAPE Expo in Houston, Texas. A panel of speakers discussing CCS said the space poses risks, but those risks can be mitigated with proper reservoir assessment.
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