Pa. carbon capture and storage project receives funding from global firms
Tuesday, July 12, 2022
What could be Pennsylvania’s first carbon capture storage project has won the support of 12 global oil and natural gas firms, according to Natural Gas Intelligence.
Under OGCI Climate Investments, a group of oil and natural gas companies have provided funding for KeyState Natural Gas Synthesis to conduct a pre-front-end engineering and design study for a project in Clinton County.
The project would drill for and produce gas from the Marcellus Shale, manufacture chemicals and store carbon dioxide underground. The 7,000-acre site’s CO2 storage capacity would be up to 300,000 tons/year.
Learn more: Natural Gas Intelligence > Marcellus CCS Project Wins Funding from Global Oil, Gas Firms
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Shale FAQ
What is fracking?
Fracking is a slang term for hydraulic fracturing. Fracturing is a process by which highly pressurized fluid is pumped thousands of feet into the ground to fracture rock formations. The goal is to release the natural gas that’s locked inside the rock.
Is it safe?
What most concerns people about fracturing is ground water contamination. The worry is that fractures underground, caused by the process, will extending upwards and into aquifers, releasing gas and chemicals into the ground water supply. There’s been no confirmed reports of such a thing happening. Though surface spills and drill site blowouts can lead to localized environmental concerns.
Will my water catch on fire?
Flammable water is caused by the release of methane gas into a drinking water supply. Methane gas occurs naturally and can be released by any kind of drilling, including water wells. In Pennsylvania officials fined Chesapeake Energy $1 million for contaminating ground water with methane. It was determined that the company had not properly cemented it’s boreholes and gas migrated up the well, between rock and into aquifers.