Carbon TerraVault (CRC) Issues Q3 Update

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Carbon TerraVault Provides Third Quarter 2023 Update

November 1, 2023 5:25 PM EDT

Announcing the First Fully Integrated Capture to Storage CO2 Project at Elk Hills and a New Storage Only CDMA with NLC Energy

LONG BEACH, Calif.--(BUSINESS WIRE)-- Carbon TerraVault (CTV), a subsidiary of California Resources Corporation (NYSE: CRC) which provides carbon management services that include capture, transport and storage of carbon dioxide (CO2) for its customers, today provided an update on its operations.

During the third quarter, our team made tremendous progress on the Carbon TerraVault front by announcing California's first 100 thousand metric tons per... More