CCUS at Red Hills natural gas processing complex (NM) EOR Phase 3
Planned Phase: 2
Consortium Partners: Targa Resources Group
Press Releases & Coverage
3 sourcesExternal reporting and primary sources for this asset, ordered from official announcements to references.
Official & Press Releases
Media Coverage
References & Portals
Asset Description
Project Overview
This full chain project is located in United States (North America) and is currently Planned. The primary sector classification is Natural gas processing/LNG. The reported fate of captured carbon is EOR. Announcement year: 2022. Planned or actual operation year: 2028. Reported partners: Targa Resources Group.
Governing Policy Ecosystem
Direct Link Incentive 2022
US 45Q Tax Credit (IRA Enhanced)
Direct Link Incentive 2021
US CIFIA: Carbon Dioxide Transportation Infrastructure Finance and Innovation
Direct Link Strategic 2024
Draft U.S. DOE Carbon Management Strategy (2024)
Direct Link Regulatory 2010
US EPA Class VI Primacy Delegation
Direct Link Incentive 2021
U.S. CIFIA CO2 Transportation Infrastructure Finance Program
Direct Link Incentive 2025
U.S. Public Law 119-21: 2025 Amendments to Section 45Q
Reference Market 2024
California Low Carbon Fuel Standard (LCFS) 2024/2025 Amendments
Reference Technical Standard 2025