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Methodology for Plugging Oil and Natural Gas Wells to Reduce GHG Emissions

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Status

7. On Hold

Sectoral Scope

1. Energy (renewable/non-renewable)

Development ID#

CN0107

The proposed new methodology applies to project activities that plug and abandon wells that leak methane into the atmosphere. The project activity entails measuring methane leak rates, abatement of the leak by plugging and abandonment, and ongoing confirmation that the leak abatement is successful.

SUMMARY OF DEVELOPMENT

  • The methodology was proposed by Green Generations LLC. and PipeWire Inc. under an older version of the VCS Methodology Development and Review Process (MDRP) (PDF).
  • In December 2024, the development of this methodology was put on hold due to the following issues:
    • Unclear market demand for projects enabled by this development.
    • Risks associated with financial viability without up-front crediting of project activities.
  • In March 2026, Verra reassessed the priority of methodologies under development and decided to keep this proposal on hold.
  • Verra will reassess whether to resume the development of this methodology in Q3 2027.

Stakeholders interested in collaborating during methodology development or developing projects that this methodology might enable are encouraged to contact methodologies@verra.org. Please include the Methodology Development ID CN0107 in the subject line.

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