Methane offset developer buys US-based orphaned wells remediator

Published 19:33 on May 16, 2023  /  Last updated at 19:33 on May 16, 2023  / William Koblensky Varela /  Americas, US, Voluntary

A Pennsylvania company that has been plugging abandoned oil and gas wells in the Appalachian Basin for 50 years is selling a majority stake to a Florida-headquartered methane offset developer, the firms announced Tuesday.
A Pennsylvania company that has been plugging abandoned oil and gas wells in the Appalachian Basin for 50 years is selling a majority stake to a Florida-headquartered methane offset developer, the firms announced Tuesday.


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