The supplied air permit data shows 323 completed ownership changes from EOG Resources to BKV Corporation in Montague and Cooke counties, geographically aligning with the Barnett Shale Combo play and supporting a connection to BKV’s September acquisition. The transition creates potential OFS opportunities in production optimization, compression, chemicals, water management and Maintenance Plus as BKV integrates the acquired assets.

BKV now has three developed CCS facilities operating in Texas, while its well and air permit records identify dedicated injection-well activity at Cotton Cove, Lima Tango and Roadrunner. The records point to current service demand at operating sites and a developing East Texas opportunity whose commercial status still needs confirmation.

BKV is building an integrated energy platform that combines natural gas production, midstream infrastructure, carbon capture and power generation into a single closed-loop business model. By connecting assets like the Temple power plants with CCS projects such as Barnett Zero, Lima Tango and Cotton Cove, BKV is positioning itself to supply lower-carbon, reliable energy for the next wave of Texas industrial and AI-driven power demand.

This week, BKV Carbon Project Operating, LLC received a key air permit for its Lima Tango CCS 1 project in McMullen County, Texas, clearing the way for full commercial operation of carbon capture and sequestration infrastructure tied to one of the state’s most prolific gas corridors.

BKV Corporation (NYSE: BKV) has taken another major step forward in its carbon capture strategy with the development of the Cotton Cove CCS 1 project, a new carbon capture and sequestration (CCS) facility tied to a currently operating natural gas processing plant in South Texas. The project recently reached a key regulatory milestone, receiving a Project-by-Rule (PBR) New Registration Notice under Project #400218, officially marked as COMPLETE on November 3, 2025.

Recent drilling and permitting activity indicates that BKV Barnett LLC, a subsidiary of BKV Corporation, is approaching the completion stage on its SANDFIELD L P 17 (AW) lease in Denton County, Texas. The cadence between the license issuance, spud dates, and the air permit filing clearly signals that well completions and facility tie-ins are next.

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.