Introducing OneNexus WellSecure™
OneNexus provides enhanced financial assurance for the energy sector that enables operators to prefund their plugging and abandonment (P&A) expenses. Through our innovative life insurance-like coverage, OneNexus funds are permanent, secure, and guaranteed.
Permanent
OneNexus funds can remain with the well through divestitures, are considered bankruptcy remote, and can only be accessed when decommissioning obligations are fulfilled.
Secure
OneNexus funds are held in an insurance company that is licensed and regulated by the Oklahoma Insurance Department.
Guaranteed
OneNexus has partnered with Munich Re, a AA-rated global insurance company, to ensure that funds will be available when needed.
