Identification
Using a number of sources, the Well Done Team identifies the Orphaned Wells, performs
background research and creates a Well Profile for the Field Team including:
- Well History
- Well Characteristics
- Location
- Surface Ownerships
- Existing O&G Leases
Qualification
The Well Done Team then performs field verifications and generates a detailed Orphaned Well Report to determine if the well qualifies for further analysis and works with the Surface Owners for an Access Agreement to perform further testing for:
- GHG Emissions
- Surface Conditions
- Accessibility
Adoption
The Orphaned Well is monitored and analyzed for a period. A Bond is then posted and the Orphaned Well is Adopted from the State. A Campaign Budget is prepared and a new Orphaned Well Campaign is launched to raise the funds or use the Well Done Carbon Finance strategy for the Plugging, Abandonment and Surface Restoration of the Orphaned Well
Closure
Restoration
The Well Done Team works with the Surface Owners, State and Local Agencies to complete the Surface Area Restoration and develop a long term site monitoring plan. The Orphaned Well Campaign’s Climate Benefit Units are calculated based on the Well Done Methodology and are verified and audited by an independent third party validation organization