We Are OneNexus
Providing Responsible Asset Retirement Solutions for the Energy Industry
OneNexus LLC is a financial risk and decommissioning management company that focuses on solutions relating to liabilities in the oil and gas energy industry. OneNexus’ mission is to prevent orphan wells by ensuring that ARO liabilities are funded far into the future and assets are properly decommissioned.
OneNexus, LLC is focused on addressing a key issue that has plagued the US onshore oil and gas energy industry—the large and growing AROs, which are the unavoidable costs associated with retiring long-lived hydrocarbon-producing assets (wells, facilities, production and gathering systems, etc).
Our Belief In Responsibility
Accountability Does Not End When Assets Stop Producing
Idle wells pose physical and environmental threats to land, water, and human health and safety. They can leak gases into the air or leach combustible fluids into waterways and aquifers. Inactive wells are also associated with surface equipment that contains leftover hydrocarbons that can cause leaks or fires, posing a potential risk to human life.
An essential component of responsibly sourcing hydrocarbons is to properly plan for the inevitable retirement and decommissioning of these assets at the end of their useful life. We believe the industry can do a better job of cleaning up after itself; we are here to help.
Focused Solely on Decommissioning, Not Producing
As a first-of-its-kind Decommissioning Operator, we are focused solely on decommissioning, not producing, oil and gas assets. OneNexus combines data science, operational know-how, and an innovative funding structure to offer policies to oil and gas companies. OneNexus works with oil and gas operators to ensure that all future well abandonment obligations are fully funded and preformed.
OneNexus guarantees that a well will be properly plugged, in accordance with applicable regulatory requirements and industry best practices and will not become an orphan well in the future, burdening the taxpayer or becoming an environmental liability.
The OneNexus team leverages years of experience in petroleum engineering, procurement, construction, finance, land leasing, regulatory, and project management as an industry-leading participant in the global transformation to a low-carbon and sustainable energy industry.