Zefiro Methane’s First Carbon Offset Sale: Turning Orphan Wells Into Climate Assets

Zefiro Methane’s First Carbon Offset Sale: Turning Orphan Wells Into Climate Assets

Zefiro Methane has announced the completion of its first-ever sale of carbon offsets. This is a major milestone in its mission to reduce methane emissions from abandoned oil and gas wells. The offsets came from the American Carbon Registry’s (ACR) orphan well method. This is the first time such credits have entered the carbon market. A project in Custer County, Oklahoma, generated the credits when Zefiro successfully sealed a deep abandoned gas …