NEO:DESG - Post Discussion
Post by
Betteryear2 on Jul 17, 2023 8:06am
DevvStream Launches American Carbon Registry-Aligned Program
The recent publication of the American Carbon Registry's wellbore capping methodology enables DevvStream to open the Program to states, provinces, federal agencies, private entities, and indigenous nations with orphaned wellbores present on their lands
Vancouver, British Columbia--(Newsfile Corp. - July 17, 2023) - DevvStream Holdings Inc. (NEO: DESG) (OTCQB: DSTRF) (FSE: CQ0) ("DevvStream" or the "Company"), a leading carbon credit generation company specializing in technology solutions, is pleased to announce the launch of the Orphaned Oil and Gas Well Sealing Program (the "Program"), in accordance with a recently established methodology created by the American Carbon Registry (ACR) and in collaboration with DevvStream's technology partner TS-Nano. Designed to accommodate hundreds of ongoing sealant projects-with every project including up to 200 wellbores each-the Program aims to address the problem of orphaned wellbores, estimated to number in the several millions across the US alone(1).
DevvStream Launches American Carbon Registry-Aligned Program for Reducing Methane Emissions from Orphaned Oil and Gas Wells (newsfilecorp.com)
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