Closing old wells

next to schools and homes

MAKE A LOCAL IMPACT 

ClimateWells works with oil and gas operators to permanently close old wells years earlier. That cuts emissions, creates local jobs, improves air quality, and gives the land back to the community.

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Local projects you can see
Targets

ClimateWells targets marginal oil and gas wells because they make up less than five percent of production but over 50% of all oilfield methane emissions.

Permanent

By closing low-production wells years earlier, we permanently end their emissions without threatening our energy supply. That brings real benefits for the climate and for the people who live nearby.

Impact

Decommissioning marginal wells would eliminate more than 1.5 billion tons of CO2 emissions each year. That’s the same impact as electrifying every car in the U.S., putting solar on every American home, and doubling U.S. wind energy production, combined.

Case study
Downtown Los Angeles

In the Wilmington neighborhood, seven aging wells beside a youth baseball field were permanently shut down, reducing methane and improving neighborhood air quality. The project created local jobs, cleaner air, safer communities, and new opportunities for the land.

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Rated ‘A’ ex ante
Lead partner
Limited assurance
For credit buyers

HIGH-INTEGRITY CREDITS

Every project creates high-integrity superpollutant carbon credits from permanent methane elimination. Our first projects are rated A by BeZero, with limited assurance from EY.