Carbon Capture and Storage Development in Texas Through 2050 - Stakeholder Value Model

Explore a comprehensive analysis of carbon capture and geologic storage (CCS) development in Texas through 2050 in this informative lecture by Dr. Timothy A. "Tip" Meckel, Senior Research Scientist at the Bureau of Economic Geology, University of Texas at Austin. Gain insights into the rapid commercial development of CCS projects both onshore and offshore, with a focus on the challenges of acquiring appropriately sized land lease areas. Examine typical project scales and pressure evolution in the subsurface, delve into relevant legal aspects, and learn about recent land use announcements. Discover the potential revenue and royalty streams that CCS may provide to State land administrators such as University Lands and the General Land Office. Conclude with a high-level model projecting CCS development in Texas through 2050, offering valuable information for stakeholders and those interested in the future of carbon capture and storage in the region.