CapturePoint LLC and CapturePoint Solutions are pioneering carbon management solutions
CapturePoint consists of two related privately held companies – CapturePoint LLC and CapturePoint Solutions LLC (CPS) – that, together, provide a wide range of carbon management and carbon storage services. CapturePoint’s industry leading team boasts extensive experience covering all facets of carbon capture, utilization, transportation, and sequestration (CCUS).
The companies offer a full portfolio of customized carbon management solutions, including carbon capture equipment design and installation, construction and management of dedicated carbon dioxide pipelines, modernization and operation of Enhanced Oil Recovery (CO2-EOR) projects, and permanent deep underground carbon storage options, as well as carbon management services for clean energy projects which capture carbon dioxide from industrial facilities, via Direct Air Capture (DAC), and through other large-scale initiatives.
CPS is specifically focused on developing next generation deep underground regional carbon storage centers, providing integrated capture, transport, and storage services for companies or facilities with high volume emissions and expansive permanent sequestration needs. The CPS side of the business is currently evaluating or developing over 285,000 acres of deep underground carbon storage space in locations across the United States.
By implementing the highest standards in all areas of carbon management, CapturePoint seeks to exceed all governmental and environmental requirements to protect public health and safety. Believing in transparency and integrity, the business strives to engage with local communities to build partnerships for a better future.
Flagship project
As leading-edge developers of deep underground carbon storage in America, CapturePoint is creating the potential for safe and permanent sequestration for billions of tons of carbon dioxide over the coming decades. From establishing the world’s first multi-modal carbon management site in Oklahoma in 2024 to developing one of the newest and largest US deep underground carbon storage hubs in central Louisiana, CapturePoint is truly defining the future of carbon management.
To learn more about the company’s evolution and its operations, Energy, Oil & Gas spoke with Tracy Evans, CapturePoint’s CEO. “The business began in 2017 when we acquired seven CO2-EOR assets from a company that was transitioning to a pure horizontal drilling operation,” he began. “Although we intended to grow the company, in the early days additional assets had to fit the existing business model which was distribution-based.
“Initially, an outside observer would have seen us as an oil production company,” Tracy remarked. “While we were engaged in every aspect of CCUS, we would have been defined by the ‘U’ – carbon utilization. As part of our 2017 acquisition, 100 percent of the CO2 was being provided from industrial sources for use in EOR (enhanced oil recovery). CapturePoint owned and operated the full chain of carbon services. We owned and operated the carbon capture equipment, the pipelines that delivered the CO2 from the ammonia fertilizer and bio-ethanol manufacturing plants to our oil fields, and the CO2-EOR production projects themselves. Thus, we had all the internal capabilities required to launch a CCUS company.
“In 2021, we established CapturePoint Solutions (CPS),” he continued, “to develop deep underground carbon storage centers and integrated carbon support services for industrial scale CO2 emitters. We also redefined the CapturePoint market as the full scope of carbon management and storage services. We have continued to sustain a strong and profitable EOR sector, but now that is incorporated into our broader CCUS strategy. Where those operations and facilities once served only CapturePoint internally, they are now part of the carbon utilization and storage options we offer to our clients, whether they are industrial emitters, environmental pioneers like Direct Air Capture (DAC) or clean energy developers.
“Today, our flagship project is the CPS CENLA Hub,” Tracy highlighted, “where we are poised to deliver a nationally significant deep underground carbon storage center in central Louisiana with a dedicated CO2 pipeline feeder system that will service a regional network of both traditional energy producers and advanced large-scale clean energy projects. Over the long term, we expect this project to be a vital catalyst for local economic development in an underserved region. As soon as a Class VI carbon injection permit is issued, however, the CPS CENLA Hub will immediately enter service as a critical component of Louisiana’s next generation economy and America’s energy future.”
Tracy went on to describe the connections being built: “The first movers in the CPS CENLA Hub are two of our nation’s largest energy companies, Energy Transfer and Expand Energy. As the largest producers and processors of natural gas in the Haynesville Formation – currently the most productive natural gas basin in the United States – the CO2 offtake commitments from these leading energy companies will establish important initial momentum.
“We also have agreements with Heirloom and Climeworks,” added Tracy, “to provide the CO2 storage services that are essential to the viability of their massive Direct Air Capture (DAC) demonstration projects in Louisiana. As part of the Project Cypress national demonstration program funded by the US Department of Energy and managed by Battelle, both DAC companies plan to scale up in phases that will generate millions of dollars in investments and hundreds of jobs in both Northwest Louisiana near Shreveport and in Southwest Louisiana in the Lake Charles vicinity. Bia Energy also plans to use our CO2 transportation and storage services for their planned $1 billion-plus low-carbon Blue Methanol project in Louisiana, and we are in negotiations with several other regional industrial projects with large-scale carbon management needs.
Exciting progress
“As the CPS CENLA Hub develops, it has the potential to become the largest onshore carbon storage project in the US with an eventual capacity of over two billion metric tons,” Tracy explained. “The unique geology of the region – which has multiple thick rock layers of containment, extremely low likelihoods of seismicity, and saline sediments that will easily accept CO2 injection but also strongly inhibit lateral movement – has all the hallmarks recognized in the best, most dependable deep underground storage sites worldwide. CapturePoint intends for the CPS CENLA Hub to set the standard for the next generation of secure and permanent CO2 storage, safeguarding both environmental and public health. 
“The entire CapturePoint team is excited by the progress at the CPS CENLA Hub, and we eagerly anticipate a positive decision on our Class VI injection permit in the very near future,” noted Tracy. “At the moment, our biggest challenge is clearing up misinformation about carbon dioxide safety and the protective measures that are required for a successful CCUS project. The ‘Capturing Better Futures’ training program for high school students that we co-developed with local school board and union support has drawn national attention as an example of community involvement and benefits, and it has set the tone for the relationships we seek to establish in our local communities.”
John Thompson, the Technology and Markets Director of the Clean Air Task Force, an international climate nonprofit tracks CCUS projects globally. “Deep underground CO2 storage is not a new idea,” said Mr. Thompson, “Over the past 50 years, the technology, expertise and reliability have developed to the point that carbon sequestration projects can play an important role in securing a vigorous and sustainable low carbon energy economy. CapturePoint’s pioneering partnership with the local school board and the pipefitters union at CENLA to develop training and apprentice opportunities for high school students is something we hope other companies will consider as they develop projects.”
CapturePoint’s Louisiana project is not the company’s only effort drawing attention. Following the addition of Heimdal’s pilot DAC facility, the Oklahoma Carbon Hub achieved the distinction of being the world’s first operational multi-modal carbon management site in August 2024. The hub brings together industry-leading, commercial-scale CO2 capture, transport, and utilization projects with the largest pilot DAC facility currently in the US, which is owned and operated onsite by Heimdal.
“Heimdal operates a small DAC facility that was initially established to test their separation technology,” Tracy confirms. “At CapturePoint’s Oklahoma Carbon Hub, Heimdal separates the CO2 from the air, then delivers the CO2 to our compressor, which feeds into our production system and is ultimately injected into the ground. As a multi-modal site, the Oklahoma Hub can receive CO2 from multiple sources. We get CO2 from a nearby ammonia plant, for instance, as well as the DAC facility located at the CO2 EOR project, and Azure is planning a Sustainable Aviation Fuels (SAF) plant that will connect with our CO2 transport pipeline in the future.”
Substantial growth plans
The Oklahoma Carbon Hub currently utilizes approximately 750,000 metric tons of CO2 emissions annually from the Coffeyville Resources Nitrogen Fertilizer plant in Kansas. Once captured, the CO2 is transported around 68 miles southwest in a dedicated pipeline to Osage County, Oklahoma where the company has over 80 active Class II CO2 injection wells. With potential expansion in mind, CPS has contracted for more than 10,000 acres of underground CO2 storage space in Osage and Kay Counties, as well as applying for a Class VI permit to allow development of a regional deep underground carbon storage site, which it hopes to receive in 2026. The business has also recently secured a grant from the US Department of Energy to study options for the ongoing future development of the Oklahoma Carbon Hub.
At four additional sites, CPS is in the early stages of evaluation and development for over 280,000 acres of potential deep underground geologic carbon storage space. The sites in Colorado, New Mexico, Mississippi, and Wyoming could collect and sequester CO2 emissions from industrial emitters in the surrounding areas following the models established in Louisiana and Oklahoma.
As our conversation ended, Tracy turned to how the business will strive for continued growth and operational success. “2025 looks steady for us on the oil production side of the business, and we’ll continue to take CO2 from fertilizer and ethanol plants,” he says. “However, 2025 will be a transitional year for our CPS business, as we expect to receive our first-Class VI permit at our CENLA Hub project which will sharply change the trajectory of the company and foster growth in our carbon management services.
“To give some perspective, we’ve invested around $17 million in the oil side of the business every year since 2017. But starting in mid-2025, we project our first CPS project will require an investment of around $20 million every month! That is a whole different level of investment for us,” Tracy concludes. “Further afield, we plan to build out what we label ‘sequestration as a service.’ We expect that more industrial facilities will install and operate their own carbon separation and capture equipment, so we will expand our CO2 pipeline transportation services and our CO2 storage options. We’re poised for substantial growth in 2030 and beyond as the projects we currently have underway become fully operational down the line.”
www.capturepointllc.com