Our Mission
To reduce the number of orphaned wells and growing plugging liability for domestic oil and gas operators
Goal One - Competition and Transparency
To create less of a burden on operators who seek lower plugging costs. Eliminate time needed to shop bids from service companies while ensuring the company gets the lowest price available for their project. This is accomplished through an open bidding process with real time notifications to promote competition and transparency.
Lower costs means more wells get plugged, its that simple!
Goal Two - Drive Innovation
Not all wells need to be plugged right away. Understanding that certain rework or recompletion projects may not “move the needle” for a larger operator, we believe there is significant potential for new production from abandonded wells.
Our Assignable Well Packages allow smaller independent operators to look for the potential to unlock new production from these wells. Driving innovation and promoting conservation.
Goal Three - Give Back
To create marketplace that generates enough revenue to reivest and further promote land conservation.