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OneNexus LLC

Providing Permanent Financial Assurance to the energy industry
for well plugging and abandonment obligations.

A first-of-its-kind “insurance like” solution designed to meet the energy industry’s Asset Retirement Obligations (AROs).

OneNexus Assurance™

OneNexus Assurance™ is an Insured Financial Contract that provides funding for oil and gas decommissioning expenses

Capital is available at the time of plugging, assuring that Operators
will have funding for future decommissioning expenses.

Funding is secured in a regulated insurance company with reserve capital provided by Munich Re, a AA-rated global insurance company

When Production Ends, All that Remains is a Liability

OneNexus Assurance™

New Wells & Drilling Programs

  • Coverage is purchased within 3 years of the well being drilled
  • Financial asset is attached to the well for life, even through divestitures
  • Claims are paid at the time of decommissioning

OneNexus Assurance™

A&D /Regulatory Financial Security

  • Can be used in lieu of 3rd Party Surety Bonds and Letters of Credit
  • Establishes a financial asset that benefits the Client and 3rd Party Beneficiaries to protect against decommissioning liabilities
  • Asset portfolio may contain wells of a broad age range

OneNexus Assurance™ Addresses ARO Risk

Predecessor-in-Title Risk

OneNexus Assurance coverage remains with the well through divestitures, eliminating “Boomerang Liability” if a future owner should default on its obligations or go bankrupt.

Partner Non-Payment Risk

Pre-payment of future decommissioning costs by working interest partners protects the operator from having to collect from them in the future.

Headline/Reputational Risk

Protects the company and executives against adverse publicity surrounding asset decommissioning, such as unfunded AROs.

Learn more about our ARO solutions today!

Click below to learn more about removing your ARO risk.
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