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Zefiro's Subsidiary Plants & Goodwin Secures $19.6 Million Contract for Plugging and Abandonment in Ohio.

Jun 20, 202512 months ago

Contract Type

contract

Fort LauderdaleEnergyOil And GasRenewable Energy

Description

Zefiro Methane Corp.'s subsidiary has been awarded a three-year, $19.6 million contract by the Ohio Department of Natural Resources for plugging and abandonment activities. This project aims to address emissions from around 200 marginal oil and gas wells in Ohio.

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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