What is it?

The gigatonne opportunity

Tapping the voluntary carbon market—forecasted to reach $50B by 2030—we’re unleashing a new gigatonne per year of emissions reductions from unexpected places.

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Two-thirds of global greenhouse gas (GHG) emissions come from fossil fuels and industry. Across the entire fossil fuel value chain, there is a massive opportunity for voluntary carbon markets to bring oil & gas producers into the fold as partners in the climate action solution.

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We start with the most-polluting wells…

In 2020, the United States had more than 930,000 hydrocarbon-producing wells. Some 870,000 of them yielded less than 100 barrels of oil per day. These wells represent the bottom-quartile of the well stock as measured by annual production. Unfortunately, such wells are often maintained less frequently than the higher-rate, higher-value wells within an operator’s portfolio, leading to frequent hydrocarbon leaks into the environment and atmosphere.

In fact, wells in the lowest production category yielding less than 1 barrel of oil equivalent per day in the United States produce just 0.2% of oil and 0.4% of gas, yet account for a disproportionately massive 11% of annual methane emissions from all U.S. oil and gas production.

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To save one gigatonne per year of GHG emissions…

In the U.S. alone, early retirement of bottom-quartile wells could avoid 1 Gt CO2e per year—greater than the annual total GHG emissions of Germany, the world’s fourth-largest economy.

At ZeroSix, we incentivize producers to shut wells early and turn unextracted, unburned oil and gas into high-integrity carbon credits. Along the way, we’re bringing the world closer to net-zero.

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  • 1


    We take the least economic and most polluting wells

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    Apply the ZeroSix protocol and anchor proofs digitally

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    Irreversibly shut in oil & gas

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    Convert the shut-in reserves into carbon credits

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    Which are traded on the Voluntary Carbon Market

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    Buyers offset their emissions with the most accurate, additional, permanent and transparent carbon credits in the market.

Do you want early access to our platform or do you want to learn more?

Contact us viaemail

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