A P&A Capital Provider
We subsidize plugging and abandondment activities.
About Us
Grasslands is well-funded with private capital to subsidize P&A and land reclamation activities for operators.
P&A Subsidization
- We typically cover 25% to 75% of the total P&A cost for end-of-life, marginal, and undesired wells that qualify.
P&A Trailblazers
- Our innovative business model and strategic nationwide partnerships allow us to optimize productivity and cost.
“OUR VISION IS TO HELP OPERATORS TURN THEIR LIABILITIES INTO ASSETS”
Operator Value Proposition
Margin Enhancement
- Reduce P&A costs through cash infusion.
Secure Supply
- Enhance P&A activity given additional and secure source of plugging subsidies.
Reduce Liabilities
- Decrease balance sheet liabilities faster (i.e., Asset Retirement Obligations).
ESG Focused
- Achieve ESG goals & objectives–rating and profile improvement.
How It Works
Well Schedule Details
- The well schedule will identify each well and include both the dollar amount of discount that we will pay, and a time deadline within which the well must be plugged.
Leadership Team
John (Bobby) Fernando
CEO / Founder
- [email protected]
Doug Hardman
CIO / Partner
- [email protected]
Brock Eubanks
COO / Partner
- [email protected]
Milton Hodge
Superintendent
- [email protected]