Milestone Carbon announced that its Class VI CO2 injection well permit application for a carbon hub in the Delaware Basin of West Texas has been deemed administratively complete by the Environmental Protection Agency. Additionally, a Monitoring, Reporting, and Verification Plan, which is required for permanent geologic storage of CO2, has been filed for the same hub with the EPA.

Milestone Carbon announced the development of a CO2 sequestration hub in the southwestern Midland Basin. The site has the potential to support multiple wells that will enable the permanent geological storage of carbon dioxide.