Millions of IDLE wells.
There are over 2.6 million idle oil and gas wells in the US and Canada alone that need to be cleaned up.
Many of these wells leak methane and other environmentally harmful pollutants into the air and soil.
The cost of cleaning and plugging these wells is prohibitive, and in many states there is little incentive to do so.
Uses existing wells.
Our technology repurposes existing wells to convert them into renewable energy storage.
Increase environmental compliance.
By converting idle wells into gravity wells, we increase environmental compliance.
For the suitable well, our solution costs less than traditional plug and abandonment and creates long-term rental revenue for the well owner.