What is an Asset Retirement Obligation (ARO)?
An Asset Retirement Obligation, also referred to as a decommissioning liability, is the legal obligation to pay for the decommissioning or cleanup of an asset at the end of its useful life. Click the below to learn more about AROs and how OneNexus can help companies manage their ARO liabilities.
OneNexus Provides Breakthrough Solutions to Oil and Gas Operators’ Decommissioning Efforts
OneNexus Forms New Distribution Entity and Names President; Inks Definitive Funding Agreement with Munich Re; Appoints Lockton Companies, LLC as exclusive referral partner
OneNexus Secures Financing From Global Reinsurance Company Munich Re
AA-rated reserve capital backstop uniquely positions OneNexus to finance up to $1.2 billion of energy industry asset retirement obligation
What Happens When an Oil Giant Walks Away
Assets are often sold to operators with less environmental stewardship.
How to stop more wells from becoming orphaned?
By guaranteeing the asset retirement obligations (AROs) are met. OneNexus allows companies to guarantee their
What is an asset retirement obligation (ARO)? This is the legal liability that a company
Oil & Gas Magazine: The Guardians of Orphaned Wells
Industry executives, environmental leaders and elected officials are among those working to plug millions of