Houston Locke Lord Team Represents Enterprise Products Partners in Agreement to Develop CO₂ Transportation Network for Southeast Texas CO₂ Sequestration Hub

Terry Radney and Hunter Summerford (both of Houston) led a Locke Lord team that represented Enterprise Products Partners L.P., one of the largest publicly traded partnerships and a leading North American provider of midstream energy services, in a Transportation Services Agreement with 1PointFive for the development of a carbon dioxide (CO₂) transportation network to support the Bluebonnet Sequestration Hub that 1PointFive is developing in southeast Texas. 1PointFive, a subsidiary of Occidental, is progressing the development of carbon sequestration hubs that leverage Occidental’s 50-year history of managing CO₂ to deliver solutions that help advance industrial decarbonization. Upon receipt of notice from 1PointFive, Enterprise will develop a new pipeline network and provide fee-based transportation services to 1PointFive to transport CO₂ emissions captured by third parties at facilities in the vicinity of the Houston Ship Channel to 1PointFive’s Bluebonnet Sequestration Hub. For more information, see the press release. Additional assistance was provided by John Arnold, Pat Beaton, Chris Verducci, Niha Ali, Andrew Nelson, Marshall Moorhouse and Case Towslee (all of Houston).
Posted on October 31, 2024