Demand for methane mitigation is growing, with current solutions unable to meet needs
Current methane mitigation solutions cannot meet demand due to high cost, low supply (e.g., few rigs to plug wells), and low/intermittent flow needs that are not served by traditional solutions
Key market trends driving demand
New EPA methane emissions regulations and fines, leading O&G companies to invest in compliance
2021 BIL granting States access to funding, coupled with increasing awareness of methane emissions’ risk to local communities
Negative investor and end-user sentiment regarding impact of emissions
Large producers have pledged to cut emissions
"Eliminating methane emissions from the oil & gas industry represents one of the best opportunities for contributing to climate change mitigation and advancing the goals of the Paris agreement."
— Bob Dudley, OGCI Chair
Small producers face challenging regulations
"IPAA recognizes the need for environmentally sound, cost-effective regulations to match industry emissions, however 34% of existing wells would become uneconomic under the new EPA regulations"
— IPAA press release
Tangible solutions are needed to mitigate emissions from oil & gas wells
Capwell solves a variety of methane mitigation needs across the well lifecycle, specializing in low and intermittent flow.
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