By guaranteeing the asset retirement obligations (AROs) are met.
OneNexus allows companies to guarantee their AROs will be met in the future with OneNexus Assurance™.
Read more about how unfunded AROs have become a systematic risk to the industry.
Oilprice.com: Oil & Gas Investors Are Underestimating This Systemic Risk
By Dwayne Purvis, P.E.
Oilprice.com: Oil & Gas Investors Are Underestimating This Systemic Risk
By Dwayne Purvis, P.E.
Thirty-five years of accumulating plugging liabilities and declining production have created the need for a new economic yardstick and new planning considerations to fund asset retirement obligations. Measuring and reporting “holdback” will facilitate better decision-making.
Read additional research on AROs Risk:
A Proposal for “Holdback”
By Dwayne Purvis, P.E.
By Dwayne Purvis, P.E.
