Asset retirement obligation

Datagration and OneNexus Environmental Collaborate to Address the Trillion-Dollar Problem of Aging Oil and Gas Well Infrastructure

Retrieved on: 
Tuesday, August 16, 2022

The Environmental, Social and Governance (ESG) of this problem is gaining attention from every aspect of the business and investment world.

Key Points: 
  • The Environmental, Social and Governance (ESG) of this problem is gaining attention from every aspect of the business and investment world.
  • Properly planning for the decommissioning of existing and future end-of-life wells is an important part of achieving oil & gas sustainability.
  • Datagration provides the world's Oil and Gas companies with the tools they need to integrate and model data into meaningful insights and decisions daily.
  • OneNexus Environmental was created to help oil & gas companies systematically and responsibly manage their Asset Retirement Obligations (AROs) and decommissioning activities.

OneNexus Environmental Launches With Mission to Remedy Trillion-Dollar Aging Oil & Gas Well Infrastructure Problem

Retrieved on: 
Monday, June 28, 2021

Oil & Gas industry veteran Tony Sanchez III, Founder & former CEO of Sanchez Energy Corporation, today announced the official launch of OneNexus Environmental .

Key Points: 
  • Oil & Gas industry veteran Tony Sanchez III, Founder & former CEO of Sanchez Energy Corporation, today announced the official launch of OneNexus Environmental .
  • Once title to the asset is transferred to OneNexus, the E&P company will have no further decommissioning or environmental liabilities associated with the asset.
  • If left unchecked, these greenhouse gas emissions have the potential to impede the role that natural gas will play in a decarbonizing economy.
  • OneNexus Environmental was created to help oil & gas companies systematically and responsibly manage their Asset Retirement Obligations (AROs) and decommissioning activities.