Houston-based Occidental is closer than a Thanksgiving dinner to break dirt on phase one construction of what will be the world’s largest direct air capture (DAC) plant. This, in the Permian’s Ector County, Texas. It also will mark the company’s first DAC plant, setting the stage for up to 70 worldwide by 2035.
Reese Energy Consulting today is following the latest news from Occidental, which expects the Texas plant, slated for completion in 2024, to capture as much as 500,000 metric tons of CO2 per year scalable to 1 million metric tons. The project is among numerous others of its ilk on Oxy’s table to reach its own net-zero goals while monetizing its technologies and partnerships that specifically target hard-to-decarbonize industries. The company’s hub-based scalable model enables access to a shared carbon infrastructure that includes pipeline connections, a treating facility, injection wells, multiple monitoring wells, and storage. Occidental announced in June leasing 27,000 acres of timberland in Western La., to develop a carbon sequestration hub with the goal of capturing at least 3 million tons of CO2 with other new hubs following, starting in the Gulf states.