Solving the Orphan Methane Problem
Millions
280 to 500 Million
USD $400-$600 Billion
There are millions of potential orphan methane sources (AOOGs) across 26 U.S. states as of 2020 in the form of defunct oil and gas well-heads. With each well producing approximately 78 cubic metres of methane emissions per year, plugging leaky wells could capture as much as 23 million tons of CO2 equivalent annually. However, to plug every known AOOG well in the United States could cost upwards of USD $600 billion.
Zefiro is building a new toolkit to clean up air, land, and water impacted by methane leaks. The company has built a fully integrated operation to these environmental services via Corporate, Government, and the Environmental Markets for emissions offsets. As an originator of high-quality U.S.-based methane offsets, Zefiro aims to lead the expansion that will drive even more capital into solving the orphan methane problem.