The PCOR Partnership

Section 45Q of the U.S. Internal Revenue Code was introduced in 2008 as part of the Energy Improvement and Extension Act. This section, referred to as the 45Q tax credit, incentivizes investment and development in carbon capture, utilization, and storage (CCUS) projects. Since 2008, the code has been updated and expanded, allowing more projects to qualify for the tax credit.

Steve Melzer, Melzer Consulting, presented critical geomechanical perspectives to consider during CO₂ EOR.

Lon Whitman, Enhanced Oil Recovery Institute (EORI), presented why enhanced oil recovery is critical to Wyoming's future.

Lily Barkau, Wyoming Department of Environmental Quality, presented on general monitoring strategies used in CCUS projects and the specific example of monitoring strategies used by Tallgrass in a Class VI permit.

David Snodgrass, Mississippi State Oil and Gas Board, shared an overview of the Class VI permitting fees established by Mississippi.