Whitecap Resources signs MOU with Federated Co-operatives Limited for CCS project

In Canada, Whitecap Resources Inc. has signed a memorandum of understanding with Federated Co-operatives Limited to use Whitecap’s expertise in carbon capture utilization and storage to assist FCL in achieving their emissions targets in Saskatchewan.

The MOU contemplates the capture of CO2 by FCL from the Co-op Refinery Complex in Regina and the Co-op Ethanol Complex near Belle Plaine, Saskatchewan, which would then be compressed, transported and sequestered by Whitecap. Carbon dioxide sequestration will be performed by Whitecap as part of the Weyburn unit CO2 Enhanced Oil Recovery operations or by injecting into a new saline storage facility. 

The resulting infrastructure and CO2 supply handling capability would support Weyburn unit expansions as well as enable other operators to pursue greenfield CO2 EOR operations in Southeast Saskatchewan. Further, this project enables the potential for significant investment in carbon capture at other industrial sites in the Belle Plaine, Moose Jaw and Regina areas.

As operator, Whitecap currently sequesters 2 million metric tons of CO2 annually in the Weyburn unit, and the FCL Project supports the capture of nearly 500,000 tons of additional industrial CO2 emissions per year. The Weyburn unit is the world’s largest anthropogenic carbon sequestration project, having stored over 36 million tons of CO2 since its first injection in the year 2000.