Committed to mitigating climate change while rehabilitating the environment
Abandoned and orphaned wells across the United States contribute to unchecked methane emissions, posing risks to the environment and public health. This project demonstrates the power of private-sector innovation in tackling these legacy environmental issues. In addition to improving air quality, the Cross Timbers Reclamation Project provides local benefits by safeguarding water resources, soil, and the surrounding community from potential contaminants.
Project Highlights
- Methane Emission Avoidance: By plugging an idle oil well near Fort Worth, Texas, the Cross Timbers Reclamation Project has prevented 8,428 tons of carbon dioxide equivalent (CO2e) emissions from entering the atmosphere. This reduction, certified by BCarbon, represents a significant step toward curbing methane—a potent greenhouse gas and key contributor to global warming.
- Environmental Restoration: Beyond emissions reduction, One Tonne Capital restored the well site to its native state, promoting the resurgence of the local ecosystem. The reclamation included recontouring the land and re-vegetating with native plant species, enhancing soil health, water quality, and biodiversity in the area.
- Additional Credits Pending: In alignment with BCarbon’s rigorous verification protocol, an additional 2,107 carbon credits will be issued following a second post-plugging test, conducted one year after the project’s completion, to ensure the permanent mitigation of emissions.
Looking ahead
The Cross Timbers Reclamation Project is just the beginning. According to Dan Arthur, President of One Tonne Capital, “This project is the first of hundreds of well-plugging applications we plan to bring to BCarbon for evaluation. By reinvesting income from carbon credit sales, we can address more wells and significantly reduce methane leakage.”