CTV II & III

Carbon TerraVault Logo

In May 2022, California Resources Corporation (CRC) applied for two Class VI permits for an additional 80 million metric tons of permanent carbon dioxide (CO2) storage for two new Carbon TerraVault carbon capture and storage (CCS) projects in the Sacramento basin, which, subject to approval, brings its total potential permitted storage to 120 million metric tons. This puts CRC over halfway to its target of applying for 200 million metric tons of permanent CO2 storage for Carbon TerraVault CCS projects by the end of 2022.