The US & Canada have
2.6 MILLION
inactive oil wells…
What if we could convert them
to renewable energy storage?
With Renewell, it’s possible.
The Problem.
![](https://renewellenergy.com/wp-content/uploads/2022/11/renewell-energy-oil-wells-that-end-well.png)
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.
![](https://renewellenergy.com/wp-content/uploads/2022/11/renewell-energy-caps-toxic-oil-wells.png)
Environmental hazards.
Many of these wells leak methane and other environmentally harmful pollutants into the air and soil.
![](https://renewellenergy.com/wp-content/uploads/2022/11/renewell-energy-creates-income-for-idle-well-owners.png)
Costly cleanup.
The cost of cleaning and plugging these wells is prohibitive, and in many states there is little incentive to do so.
![](https://renewellenergy.com/wp-content/uploads/2022/11/renewell-energy-solutions-for-idle-oil-wells.png)
Our Solution.
![](https://renewellenergy.com/wp-content/uploads/2022/11/renewell-energy-renewable-energy-source.png)
Uses existing wells.
Our technology repurposes existing wells to convert them into renewable energy storage.
![](https://renewellenergy.com/wp-content/uploads/2022/11/renewell-energy-reduces-idle-oil-well-emmisions.png)
Increase environmental compliance.
By converting idle wells into gravity wells, we increase environmental compliance.
![](https://renewellenergy.com/wp-content/uploads/2022/11/renewell-energy-cost-savings-for-idle-well-owners.png)
Economic benefit.
For the suitable well, our solution costs less than traditional plug and abandonment and creates long-term rental revenue for the well owner.
Win. Win. Win.
With our patented process, we’ve found a way to help the environment, store sustainable and renewable energy, and turn an expensive cleanup problem for small and large oil producers into a revenue-generating solution.
Sound too good? We’re already achieving success.
FAQs
About Renewell’s unique Gravity Well energy storage technology:
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