Marginal Well - IMPACT System
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- Marginal Well - IMPACT System
Developing High-Value and Measurable Carbon Credits
To achieve impactful climate change today and avoid the carbon tipping point, Sora Terra and its partners have developed a system to stop methane emissions during production from entering the atmosphere at its source.
One third of CO2 equivalents (CO2e) in the atmosphere comes from the oil and gas industry and nearly 50% of methane generated in the oil & gas industry comes from marginal wells or those defined as producing less than 10 barrels of oil equivalent per day (BOED) though only generates 6.2% of total oil production.1 2 There are an estimated 565,000 active marginal well in the US, and represent 80% of all active U.S. oil and gas production sites.
Marginal wells are typically decades old, owned by individuals or small companies, minimally maintained, and very low margin after deducting operating costs. These wells statistically are also in disadvantaged communities adversely impacting Wells reach the state of marginal, they often end up creating a future environmental problem. Owned by small entities, likely poorly maintained due to low production/revenue generation, marginal wells represent the single best source for high-impact climate mitigation.
Our Innovative Methane Processing for Advanced Clean Energy (IMPACT) system replaces 100-year-old pump jack technology with an advanced system that captures methane gas that would otherwise be allowed to leak to stabilize pressure in the well (vented) or burned off (flared). The system re-injects the methane emissions back into the well and excess emissions are diverted to natural gas generators generate clean electricity. The IMPACT system stops the largest source of methane fugitive emissions in the oil & gas industry at its source and additionally generates clean power in the process.
