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How to stop more wells from becoming orphaned?

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. 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.

Learn more about OneNexus Assurance™