How it works
P&A Packages
Assignable Well Packages
P&A Packages
Operators & Government
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2. Create a new listing
3. Let the bids roll in
4. Award a winner
Service Providers
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Assignable Well Packages
Are you an Operator seeking to offload inactive wells? Current operators may upload inactive wells as assignable (aka Free) well packages to our platform. This will trigger a notification to registered operators who seek rework and recompletion potential from the inactive wells. The release of data and any assignment forms will be negotiated between current and bidding operator.
Bidding Operators may review posted well packages located within an area of interest. Request logs or more information from the current operator and take over operations to unlock potential from inactive zones. Bidding operators must be a licensed and bonded operator to be eligible to bid.
How we get paid
We charge $500/well to the winning bidder of a P&A or Assignable Well Package. Operators who upload a project to our platform will be charged a flat $150 (not per well) listing fee.
A portion of the proceeds will be donated to plug orphan wells.