Page 9 - NorthAmOil Week 08 2022

NorthAmOil ENERGY TRANSITION NorthAmOil

Chevron to pursue upstream asset

certification, carbon capture investment

US TWO separate announcements made by 24 categories included in its TrustWell standard.
Chevron over the past few days illustrate the Chevron anticipates the TrustWell certifi-
super-major’s increasing focus on cleaner forms cation process starting in the first half of the
of energy. year. Depending on the ratings it earns, it then
On February 23, the company announced expects to start delivering RSG to the market by
that it would partner with Project Canary in mid-2022.
a pilot scheme to certify the operational and In the second announcement, Chevron
environmental performance of some of its US said Carbon Clean’s technology was designed
upstream assets. A day later, it also said it had to reduce the costs and physical footprint of
invested into Carbon Clean, which specialises in carbon capture. The technology is modular,
carbon capture technology. and Chevron added that it was also aimed at
“Chevron is focused on delivering reliable, reducing site disruption and facilitating faster
lower-carbon energy to a growing world. We aim permitting.
to achieve this through innovation, both in our The new investment follows an initial one
application of technology, and in our approach into Carbon Clean that Chevron made in 2020.
to how we design and run our operations,” Chev- The new investment will be directed to the devel-
ron’s president of North America exploration opment of a carbon capture pilot for Carbon
and production, Steve Green, said as part of the Clean’s CycloneCC technology on a gas turbine The super-major
first announcement. in San Joaquin Valley, California.
Chevron is the latest of several major US pro- This comes as Chevron targets storing 25mn will deploy
ducers to partner with Project Canary, which tonnes per year (tpy) of carbon dioxide (CO2)
specialises in emissions monitoring and certifi- by the end of this decade, with a focus on devel- Canary X units
cation. In its statement, Chevron said that Pro- oping regional hubs that leverage its existing and
ject Canary’s TrustWell certification programme emerging partnerships. at certain well
would be used to review and analyse aspects of “Chevron’s investment demonstrates interest pads to carry
the environmental and social performance of in our technology, business strategy and rapidly
certain wells in the Permian and Denver-Jules- expanding order book. We are seeking to deliver out continuous
burg (DJ) basins. a revolution in carbon capture driven by our
The super-major will deploy Canary X units modular technology and are thrilled that Chev- monitoring of
at certain well pads to carry out continuous ron shares our vision for the sector,” stated Car-
monitoring of their methane emissions. bon Clean’s co-founder and CEO, Aniruddha their methane
The use of certification is rising as produc- Sharma. “We are working to remove the biggest emissions.
ers seek to demonstrate that their output is barriers to the adoption of widespread indus-
responsibly sourced. In particular, the concept trial carbon capture. It is vital that we decarbon-
of responsibly sourced gas (RSG) has emerged ise hard-to-abate sectors while developing new
and has become more prominent over the past low-carbon technologies. This latest investment
year. Several other certifications are also prov- and our work with partners such as Chevron will
ing relatively popular, but Project Canary says provide us with the opportunity to deliver expo-
it has the most comprehensive standards in the nential growth in carbon capture and meet ever
industry, with more than 600 data points across rising demand.”™

Week 08 24•February•2022 www. NEWSBASE .com P9