Stopping Fugitive Methane at the Source
At PermCap we are dedicated to solving the urgent problems created by fugitive methane emissions. Methane is 84 times more potent than CO2 over a 20-year timeframe and is responsible for at least 25% of today's global warming. Our mission is to tackle methane problems directly at one of the main sources: Orphaned Oil Wells.
Through PermCap-GHG Solutions, ESG investors seeking to make a tangible impact on climate change have found a meaningful way to achieve their net zero goals. The Orphan well problem in this country is staggering, estimates of the number of orphaned wells vary widely from 310,000 to 800,000. The truth could be much higher. At PermCap we are committed to solving this growing problem.