CapturePoint Solutions (CPS) signed a letter of intent with Energy Transfer to participate in a feasibility study to capture CO_2 emissions from natural gas production facilities in the Haynesville Shale. The proposed initial joint endeavor would capture, transport and sequester CO_2 emissions from natural gas processing facilities in the Haynesville Shale in northwest Louisiana, one of the largest natural gas fields in the United States. Energy Transfer would capture the CO_2 from Energy Transfer's affiliated natural gas facilities in the Haynesville Shale and build and operate a pipeline to the CENLA Hub storage sites. CPS would build and operate capture services for third-party Haynesville Shale facilities as well as develop the sequestration sites where all captured CO_2 would be permanently secured in geologic storage up to 2 miles (3 km) underground.
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