California Resources Corp., the state's largest oil producer, has started injecting carbon dioxide underground at its Elk Hills site in Kern County. The project, called Carbon TerraVault One, stores CO2 from a nearby natural gas power plant in a depleted oil reservoir. Chris Gould, CRC's chief sustainability officer, calls it a first of its kind project in California for permanent storage in a depleted oil and gas field. CRC is also planning a 100 acre data center campus at Elk Hills, powered by its existing gas plant. The company is repurposing infrastructure originally built for oil production as California pushes toward lower oil use. The article covers how an oil producer is shifting into carbon storage and data centers as new lines of business.
