Rebellion Opens New Frontier for Methane-Emissions Abatement With ACR Issuance, ACX Listing of Carbon Credits From Plugging Orphan Oil and Gas Wells
TULSA, Okla., Jan. 16, 2024 /PRNewswire/ -- Rebellion Energy Solutions has opened a new frontier for methane-emissions abatement with the verified, validated creation and regulated exchange listing of carbon credits derived from permanently plugging orphan oil and gas wells.
- Rebellion's standard carbon credits are the first issued under carbon-credit leader ACR at Winrock International's rigorous orphan-well plugging methodology.
- And, on Jan. 15, the credits became the first ACR-standard carbon credits listed on the ACX Carbon Market Board.
- And ACR earlier this month listed Rebellion's Heartland 2 Project for methane-abatement from plugging orphan wells."
- Rebellion's credits – for its Heartland Methane Abatement and Land Restoration Project – are the first that ACR has issued under its rigorous methodology for plugging orphan oil and gas wells.