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Projeo Corp

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$25,199,274
Total funding
2
Grants

Funding over time

peak $25M · FY202025
$25M$18.8M$12.5M$6.3M$0
'20
'21
'22
'23
'24
'25

Funding mix

By agency

DOE$25,199,274 · 2

By mechanism

$25,199,274 · 2

Investigators at Projeo Corp

InvestigatorsiAttributed = a PI's even-split share of each grant — a $1M grant with 2 PIs counts $500K each.
Exposure= the full size of every grant they're on ($1M each).

Rising Stars

First grant in the last 5 yrs

Not enough data

Emerging Leaders

6–10 yrs in

Not enough data

All-Time

Most funded here, all years

Not enough data

Largest grants

THIS PROJECT PROPOSES TO DEMONSTRATE THE FEASIBILITY OF THE SAFE AND RELIABLE CONVERSION OF A MATURE OIL AND GAS FIELD IN THE PERMIAN BASIN INTO A DEDICATED CARBON DIOXIDE (CO2) STORAGE FACILITY. THIS INTEGRATED CAPTURE, TRANSPORT, AND STORAGE PROJECT CONSISTS OF THE FOLLOWING OBJECTIVES: 1. FOR INITIAL CO2 SUPPLY, EXAMINATION OF LONGER VALIDATION OF SUBSURFACE CHARACTERIZATION, STORAGE CAPACITY AND INJECTIVITY, AND TECHNICAL/ECONOMIC PERFORMANCE TO INFORM THE FIELD CONVERSION FINAL INVESTMENT DECISION AND THE PREPARATION AND SUBMISSION OF ONE OR MORE ENVIRONMENTAL PROTECTION AGENCY UNDERGROUND INJECTION CONTROL (UIC) CLASS-VI AUTHORIZATION TO CONSTRUCT WELL PERMITS. 2. DEVELOPMENT AND DEMONSTRATION OF RELIABLE AND COST-EFFECTIVE METHODS FOR EVALUATING THE CONDITIONS, POTENTIAL RISKS, AND APPROPRIATE MITIGATION MEASURES PRESENTED BY THE LEGACY WELLBORES IN THE AREA, AS WELL AS ASSESSING THE POTENTIAL LEAKAGE RISKS IN THE EVENT OF THE POSSIBLE RE-ACTIVATION OF EXISTING GEOLOGIC FAULTS FROM CO2 INJECTION. 3. CONFIRMATION OF CO2 SOURCES AND TRANSPORTATION OPTIONS, INCLUDING INCORPORATING DIRECT AIR CAPTURE (DAC), OTHER ANTHROPOGENIC SOURCES, AND UTILIZATION OF THE EXISTING CO2 TRANSPORTATION INFRASTRUCTURE. THE PROJECT OBJECTIVES WILL BE ACCOMPLISHED VIA THE FOLLOWING ACTIVITIES: DETAILED SITE AND SUBSURFACE CHARACTERIZATION; DEVELOPMENT OF A STORAGE FIELD DEVELOPMENT PLAN, DEVELOPMENT OF A RISK ASSESSMENT AND MITIGATION PLAN; DEVELOPMENT OF ONE OR MORE PERMIT APPLICATIONS FOR UIC CLASS-VI WELLS; PERFORMING CO2 PIPELINE FRONT END ENGINEERING DESIGN STUDIES AND CONFIRMING CO2 SOURCE FEASIBILITY STUDIES FOR CO2 SUPPLY SOURCES; ENSURING NATIONAL ENVIRONMENTAL POLICY ACT COMPLIANCE, EXAMINING AND RESOLVING LEGAL CONSIDERATIONS, AND DEVELOPMENT OF THE BUSINESS AND FINANCIAL PLANS; AND MEANINGFUL COMMUNITY, LABOR, AND STAKEHOLDER ENGAGEMENT PLAN, INCLUDING EXISTING BURDENS THROUGH THE DEVELOPMENT OF A FULL JUSTICE 40 PLAN AND ACTIVITIES. THIS PROJECT WILL ASSESS THE FEASIBILITY FOR SAFE AND RELIABLE MATURE OIL AND GAS FIELD CONVERSION TO DEDICATED CO2 STORAGE, WITH A FOCUS ON DETAILED SITE CHARACTERIZATION AND RISK MITIGATION RELATED TO LEGACY WELLS AND GEOLOGIC FAULTS. THIS WILL DEMONSTRATE THE PATH FOR WIDESPREAD LOW-COST CO2 SEQUESTRATION FOR SIMILAR OILFIELD CONVERSIONS TO CO2 STORAGE. PUBLIC ENGAGEMENT WITH POTENTIALLY AFFECTED STAKEHOLDERS, PROPERTY OWNERS, DISADVANTAGED COMMUNITIES, AND ENVIRONMENTAL JUSTICE COMMUNITIES WILL BE AN IMPORTANT OUTCOME TO ACHIEVE OVERALL SUPPORT ACROSS THESE GROUPS WITH MINIMAL OPPOSITION TO THE PROPOSED PROJECT.$24,999,674
· FY2025 · Department of Energy
FEASIBILITY OF STORING HEAT IN THE SUBSURFACE FOR FLEXIBLE ELECTRICITY GENERATION$199,600
· FY2020 · Department of Energy
Projeo Corp · GrantIndex