Bison Low-Carbon Ventures
Bison Low-Carbon Ventures is an Alberta-based CCS project developer founded in 2020. It operates the Meadowbrook Carbon Storage Hub near Morinville and offers permanent CO2 sequestration in deep saline aquifers to industrial emitters on a fee-per-ton basis.
- Company typePrivate
- Founded2020
- HeadquartersCalgary, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Bison Low-Carbon Ventures does
Bison Low-Carbon Ventures is an Alberta-based private carbon capture and storage (CCS) project developer founded in 2020 by principals with combined 120 years of upstream oil and gas experience. The company's core product is the Meadowbrook Carbon Storage Hub (MCSH), located on a 70,000-hectare evaluation permit north of Morinville, Alberta, which provides permanent CO2 sequestration in deep saline aquifers within the Devonian Woodbend Group (Leduc and Cooking Lake formations). Storage is delivered through a proprietary Measurement, Monitoring and Verification (MMV) program comprising 18+ measurements (13 with continuous real-time data presentation) and is supported by static and dynamic reservoir modeling capabilities.
The company offers three primary service lines: (1) CO2 storage as a service on a fee-per-ton basis, with both 'fee for service' (customer retains carbon credit exposure) and 'paid for removal' (full custody transfer) options; (2) TIER-compliant carbon credit generation and registration on the Alberta Emissions Offset Registry; and (3) planned bespoke transportation and storage solutions for emitters not proximal to hubs. Pricing targets <$20/ton for combined transportation and storage at commercial scale, with positive project NPV modeled at <$15/ton inclusive of transportation for projects above 1Mtpa.
Bison's go-to-market targets Large Final Emitters (LFEs) — particularly the >60 industrial emitters in the Edmonton industrial area emitting >35Mtpa annually, plus Alberta oilsands producers with combined emissions exceeding 60Mtpa. The sales motion is enterprise field sales conducted through direct engagement, bespoke contracts, and stakeholder consultation (>1,000 stakeholders engaged, ~200 met over three years). Phase 1(a) has a contracted (unnamed) customer for two years beginning Fall 2025, with ultimate target capacity of 3Mtpa over 25 years. A second Hub, the Drumheller CCS Project, was awarded in October 2023 and remains in earlier-stage evaluation. Capital is sourced from staged equity investments by two Japanese strategic shareholders — Marubeni Corporation (July 2023) and Mizuho Bank (April 2024).
Bison Low-Carbon Ventures firmographics
Firmographics- Name
- Bison Low-Carbon Ventures
- Legal name
- Bison Low Carbon Ventures Inc.
- Website
- https://bisonlowcarbon.ca
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Bison Low-Carbon Ventures is an Alberta-based CCS project developer founded in 2020. It operates the Meadowbrook Carbon Storage Hub near Morinville and offers permanent CO2 sequestration in deep saline aquifers to industrial emitters on a fee-per-ton basis.
- Ownership category
- akta.pro rank
Bison Low-Carbon Ventures industry classification
Industry- Product category
- Carbon Capture and Storage Services
- NAICS
- Warehousing and Storage (4931)
- akta.pro primary industry
- CO₂ Storage Site Development & Permitting (Characterization, Licensing, Stakeholder Engagement) (EUABAHAF)
- akta.pro secondary industries
- CO2 Storage & Injection Terminals (CCS Hubs) (TLAGAKAG), CO₂ Storage Closure & Long-Term Stewardship (Post-Closure Monitoring, Liability Transfer) (EUABAHAL)
Keywords
Where Bison Low-Carbon Ventures is headquartered
LocationHeadquarters
- HQ city
- Calgary
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Bison Low-Carbon Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales
Revenue model
- Carbon Sequestration Storage Fees: Fee-per-ton basis for permanent verifiable CO₂ sequestration. Fee combines a service charge and flow-through operating cost charge that ensures customers share benefits of increasing volumes. Fee structure varies by term, volume, and scope of required services. Based on current cost assumptions for projects >1Mtpa, economic modeling shows positive project NPV at <$15/ton for permanent storage inclusive of transportation.
- Carbon Credit Services: Optional service where company facilitates TIER certification (or equivalent) of the sequestration process for credit serialization, verified annually by third party to be registrable on Alberta Emissions Offset Registry. Customers may retain credit exposure in exchange for storage fee, or opt for full custody transfer of CO₂ molecule with Bison handling credit generation.
- Transportation and Bespoke Solutions: Future services planned to include transportation solutions and bespoke CCUS delivery for emitters not proximal to Hubs or in jurisdictions outside Alberta. Custom gas processing model similar to O&G industry.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Multi-year contract | Storage as a service - fee per ton basis |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Bison Low-Carbon Ventures product offering
Product offeringCore offering
Bison Low-Carbon Ventures develops and operates carbon capture and sequestration (CCS) hubs that provide permanent, verifiable CO2 storage in deep saline aquifers. The company operates the Meadowbrook Carbon Storage Hub (MCSH) near Morinville, Alberta, and is developing a second Drumheller CCS Project, offering fee-per-ton storage services to industrial emitters and direct air capture (DAC) operators on either a 'fee for service' (customer retains carbon credit) or 'paid for removal' (full custody transfer) basis.
Product overview
Bison Low-Carbon Ventures operates as a carbon sequestration project developer offering physical CO₂ storage solutions rather than a software platform. The company operates the Meadowbrook Carbon Storage Hub (MCSH), its primary approved project, which provides permanent CO₂ sequestration in deep saline aquifers. A second project, the Drumheller CCS Project, is in earlier development stages. Services are delivered through a 'storage as a service' model offering fee-for-service and full custody transfer options, targeting industrial emitters and direct air capture (DAC) facilities. The company leverages subsurface expertise and regulatory experience from its leadership team's upstream oil and gas background to deliver cost-competitive carbon storage solutions.
Differentiator
Problem solved
Functional benefit
Products and services
- Meadowbrook Carbon Storage Hub (MCSH) Primary CO2 storage hub utilizing a deep saline aquifer in the Devonian Woodbend Group (Leduc and Cooking Lake formations) near Morinville, Alberta. Designed to ultimately sequester 3Mtpa for 25 years through a thick (>1000 ft), large (270 sq. miles), wet, under-pressured, high-quality dolomitized reef. Phase 1a targets 500ktpa with an initial contracted customer for two years. Target price under $20/ton for transportation and storage at commercial scale.
- Drumheller CCS Project Second CO2 storage project in Alberta utilizing a deep saline aquifer, following a similar technical approach to the Meadowbrook Carbon Storage Hub. Planned to progress seismic interpretation to select initial test well location before end of 2025, with operations to be accelerated once customer commitment is confirmed.
- CO2 Storage as a Service Permanent, verifiable CO2 sequestration offered on a fee-per-ton basis to industrial emitters and direct air capture (DAC) operators. Service accommodates 'fee for service' (customer retains carbon credit exposure) and 'paid for removal' (full custody transfer of CO2 molecule with Bison handling credit generation) options, with TIER certification or equivalent verified annually by third party and registrable on the Alberta Emissions Offset Registry. Multi-year contracts tailored by term, volume, and scope of required services.
Quantifiable outcome
- 3Mtpa storage capacity for 25 years at Meadowbrook Hub
- +5 more outcomes
Companies that use Bison Low-Carbon Ventures
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles2 records
Bison Low-Carbon Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Bison Low-Carbon Ventures partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Deep SkyminorCleantech company referenced in joint press release alongside Meadowbrook CSA announcement. Nature of partnership appears to involve carbon removal/sky removal initiatives complementing Bison's sequestration capabilities.
Scale indicators18 records
Recent moves6 records
Expansion highlights6 records
Bison Low-Carbon Ventures competitors and assessment
Company assessmentEmerging players
- CarbonCapture Inc. US-based DAC and storage developer with multiple commercial projects in development. Comparable stage and CCS-focused business model, although primarily on the capture side and US-focused rather than Alberta-based.
- Entropy Inc. Calgary-based CCS technology developer focused on post-combustion capture solvents. Bison's late co-founder Rick Bower was Entropy's CTO, creating deep technical ties; Entropy is a likely capture-side partner for emitters feeding Bison's storage hubs.
Broad incumbents
- ExxonMobil Low Carbon Solutions: Operates one of the world's largest CCS hubs (LaBarge in Wyoming) and is actively developing Baytown and other Gulf Coast storage projects. Competes for global CCS capital and large-emitter customers, and sets pricing benchmarks Bison must remain under.
- 1PointFive (Occidental Petroleum): Subsidiary of Occidental building Stratos, one of the world's largest planned DAC + storage hubs in Texas. Competes for capital, customers, and CDR credit buyers in the global CCS market and represents the strategic end-state scale Bison aspires to.
- Pathways Alliance: Canadian oilsands consortium (CNRL, Suncor, Cenovus, Imperial, MEG, ConocoPhillips Canada) planning a foundational CCS network to decarbonize oilsands operations. Could be both a competitor and a customer for Bison's storage hubs, with far greater balance-sheet capacity.
- ATCO Energy Solutions / ATCO CCS: Alberta-based utility and infrastructure company developing its own Alberta CCS hub proposal as one of the 25 Hub tenures. Directly competes with Meadowbrook for the same Edmonton-area emitter customers.
Direct peers
- Deep Sky: Alberta-based direct air capture project developer that announced a joint initiative with Bison around the Meadowbrook CSA. They are a likely future DAC customer for Meadowbrook storage and share the Alberta CCS ecosystem.
- Northern Lights JV: Norway-based cross-border CO2 storage joint venture (Equinor, Shell, TotalEnergies) operating a saline aquifer storage hub receiving CO2 by ship. Closest international analog to Meadowbrook's hub model and a reference design for transport + storage commercialization.
- Talos Energy (Bayou Bend CCS): Operates Bayou Bend CCS in the US Gulf Coast, a saline aquifer storage hub serving industrial emitters. Closest US analog to Meadowbrook's hub-and-spoke CCS storage-as-a-service model.
- Shell Canada (Quest CCS): Operator of the Shell Quest CCS facility in Alberta, the only other commercial-scale CCS project in the province to date and the benchmark Bison explicitly targets to follow. Direct competitor for Alberta Large Final Emitter contracts and shares the same saline aquifer storage approach.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Bison Low-Carbon Ventures social profiles
Digital presenceBison Low-Carbon Ventures compliance and trust
Trust signalCompliance1 record
Bison Low-Carbon Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bison Low-Carbon Ventures leadership team
Management profileNumber of profiles
Profiles11 records
Bison Low-Carbon Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bison Low-Carbon Ventures M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Bison Low-Carbon Ventures
What does Bison Low-Carbon Ventures do?
Bison Low-Carbon Ventures develops and operates carbon capture and sequestration (CCS) hubs that provide permanent, verifiable CO2 storage in deep saline aquifers. The company operates the Meadowbrook Carbon Storage Hub (MCSH) near Morinville, Alberta, and is developing a second Drumheller CCS Project, offering fee-per-ton storage services to industrial emitters and direct air capture (DAC) operators on either a 'fee for service' (customer retains carbon credit) or 'paid for removal' (full custody transfer) basis.
Is Bison Low-Carbon Ventures a public or private company?
Bison Low-Carbon Ventures is a private company. It is classified as venture growth investor backed and is currently operating.
When was Bison Low-Carbon Ventures founded?
Bison Low-Carbon Ventures was founded in 2020. It employs 11 to 50 people.
Where is Bison Low-Carbon Ventures based?
Bison Low-Carbon Ventures is headquartered in Calgary, Canada, in the North America region.
How does Bison Low-Carbon Ventures make money?
Three revenue lines are on record. Carbon Sequestration Storage Fees are the primary driver. The others are carbon Credit Services and transportation and Bespoke Solutions.
Who are Bison Low-Carbon Ventures's main competitors?
Emerging players on record are CarbonCapture Inc. and Entropy Inc.. Broad incumbents are ExxonMobil Low Carbon Solutions, 1PointFive (Occidental Petroleum), Pathways Alliance and ATCO Energy Solutions / ATCO CCS. Direct peers are Deep Sky, Northern Lights JV, Talos Energy (Bayou Bend CCS) and Shell Canada (Quest CCS).
Does Bison Low-Carbon Ventures have an API?
No public API is recorded for Bison Low-Carbon Ventures.
What industry is Bison Low-Carbon Ventures in?
Bison Low-Carbon Ventures's product category is Carbon Capture and Storage Services. Its primary akta.pro industry code is EUABAHAF, CO₂ Storage Site Development & Permitting (Characterization, Licensing, Stakeholder Engagement), with a secondary code of TLAGAKAG, CO2 Storage & Injection Terminals (CCS Hubs). Its NAICS code is 4931.