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Zefiro Methane Secures $40 Million in Contracts for Remediation of Abandoned Wells.

Nov 05, 2026

Contract Type

contract

Fort LauderdaleEnergyOil And GasRenewable Energy

Description

Zefiro Methane has reported securing contracts worth a total of USD 40 million for the plugging of orphaned oil and gas wells. This includes a significant contract with the Ohio Department of Natural Resources valued at USD 19.6 million, which aims to decommission approximately 200 problematic wells.

Company Information

Company

Zefiro Methane Corp

Location

Fort Lauderdale, Florida, United States

About

Zefiro develops methodologies to reduce methane emissions by plugging orphaned and abandoned oil/gas wells, while originating carbon offsets. Under executive leadership to include the former carbon market team at J.P. Morgan, Zefiro actively deploys crews to decommission wells throughout the United States. With unprecedented global demand for carbon offsets as corporations and institutions work towards net-zero targets, Zefiro is strategically aligning with industry leaders for a greener future.

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