A P&A Capital Provider
We subsidize plugging and abandondment activities.
Grasslands is well-funded with private capital to subsidize P&A and land reclamation activities for operators.
- We typically cover 25% to 75% of the total P&A cost for end-of-life, marginal, and undesired wells that qualify.
- 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
- Reduce P&A costs through cash infusion.
- Enhance P&A activity given additional and secure source of plugging subsidies.
- Decrease balance sheet liabilities faster (i.e., Asset Retirement Obligations).
- 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.
Let us turn your liabilities into assetsContact Us