Oil Wells
That End Well

Converting oil and gas’ largest liability into renewable energy’s greatest asset.

Our Impact

Taking oil gas
infrastructures
to the next level

We’re creating the nation’s lowest cost, highest GHG-abating, most flexible energy storage network by re-purposing oil and gas infrastructure.

WE’RE ON A MISSION

REPURPOSING IDLE OIL WELLS
INTO GRAVITY ENERGY STORAGE

The oil industry has a big problem that has been ignored for far too long: millions of idle oil wells leaking emissions with high cleanup costs. In this problem, Renewell sees opportunity.

What if we could repurpose idle oil and gas wells to simultaneously reduce emissionsincentivize cleanup, and create revenue streams for well owners? By converting old oil wells into gravity energy storage devices using our patented gravity energy storage technology, we’re giving the environment, the oil industry, and the electric grid a win, win, win. Our solution truly creates oil wells that end well.

Featured ON:
Renewell Energy's effort to repurpose idle oil wells into gravity energy storage highlighted on Bloomberg News
Renewell Energy's effort to repurpose idle oil wells into gravity energy storage highlighted on Yahoo Finance
Renewell Energy's effort to repurpose idle oil wells into gravity energy storage highlighted on The Business Journal
Renewell Energy's effort to repurpose idle oil wells into gravity energy storage recognized by National Renewable Energy Laboratory
Renewell Energy's effort to repurpose idle oil wells into gravity energy storage highlighted on ABC News.

In the News

Recent and Relevant Articles:
Stefan Streckfus and Kemp Gregory are founders of Renewell Energy, a startup that repurposes idle oil wells for mechanical energy storage using gravity and patented technology.
Renewell in the News
Stanford students turn oil wells into batteries, bring solar to Nigeria in energy entrepreneurship class

ARTICLE EXCERPT FROM STANFORD NEWS | BY MATTHEW VOLLRATH In the winter of 2019, Kemp Gregory, a graduate student in Civil & Environmental Engineering at Stanford University, got a call from Walker Colt. Friends since Stanford students turn oil wells into batteries, bring solar to Nigeria in energy entrepreneurship class

Renewal Energy’s oil well repurposing technology for oil wells that end well.
Renewell in the News
Stanford men find an unlikely home in East Texas at PCDworks’ Hard Tech Base Camp

This article was published by in the Tyler Morning Telegraph on November 1, 2021, and was written by By Jessica Dillon. ARTICLE EXCERPT FROM TYLER MORNING TELEGRAPH | BY JESSICA DILLON Stefan Streckfus and Kemp Stanford men find an unlikely home in East Texas at PCDworks’ Hard Tech Base Camp

Kemp Gregory and Stefan Streckfus, cofounders of Renewell Energy, on a mission to create solutions for the millions of abandoned oil wells in America.
Renewell in the News
Stanford almuni create prototype to strengthen power grid at business incubator in East Texas

Through the technology she wields, old oil and gas wells will eventually become a source of renewable energy to strengthen power grids. From the minds of two men who met while in graduate school at Stanford almuni create prototype to strengthen power grid at business incubator in East Texas