Talos Energy Inc. (NYSE:TALO) Q3 2023 Earnings Call Transcript
Operator: Hello, and welcome to the Talos Energy Third Quarter 2023 Earnings Conference Call. [Operator Instructions].
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Operator: Hello, and welcome to the Talos Energy Third Quarter 2023 Earnings Conference Call. [Operator Instructions].
Given the way its electricity market works, Texas may not be the friendliest place for offshore wind development. But wind farms are not the only kind of green development going on offshore and Equinor has just acquired a 25% interest in Bayou Bend CCS LLC.
(Page 1) Equinor Energy AS (Stavanger, Norway) has acquired a 25% interest in Bayou Bend CCS LLC, positioned to be one of the largest US carbon capture and storage
Bayou Bend is being developed on 140,000 gross acres of pore space for permanent CO2 sequestration and gross potential storage resources of more than 1 billion metric tons.
Robin Fielder, Talos Energy's low-carbon strategy executive, explains how different pieces—engineering, stakeholder engagement, funding—come together.