BKV Corporation (NYSE: BKV) has announced a significant step forward in its carbon capture and sequestration (CCS) strategy with the development of a new CCS facility at a natural gas processing plant in South Texas. This project, which reached its final investment decision (FID) in December 2024, marks a pivotal expansion in BKV’s commitment to reducing carbon emissions in the oil and gas sector.
Last week BKV was approved by the Texas Commission on Environmental Quality (TCEQ) approved permit #RN111773610 for the construction of a “BARNETT ZERO CO2 COMPRESSOR STATION” to be built in Wise, CountyTX.
BKV Corporation completed the acquisition of natural gas and midstream assets in a shale field in the US state of Texas from two subsidiaries of Exxon Mobil Corporation.
Free drilling report for BKV Corporation. BKV Corporation (BKV) is a privately held natural gas exploration and production located in Denver, CO, United States. Operations include Northeast Marcellus Shale & Barnett Shale.
