Crbon Labs Methane Capture and Remediation Project V1

31,869 tons of CO2e emissions avoided

Credit Class • Methane Capture and Reclamation Credit

Offset Generation Method • Emission Avoidance

Protocol • BCarbon Methane Capture and Reclamation Protocol

Issuance Details • Per the BCarbon Protocol, 80% of the credits are issued upon project approval. The remaining 20% of credits are issued upon receipt and review of the second post plugging test, which is performed at least one year after well plugging

Registry • BCarbon

Rainbow Lake, Alberta, Canada

In this project, Crbon Labs is plugging two wells in northern Alberta, Canada. This will prevent future methane emissions of 39,837 tCO2e. The Crbon Labs Methane Capture and Remediation (MCR) Project V1, conducted in collaboration with a Canadian upstream operator, focuses on the remediation of methane-leaking abandoned wells in Alberta’s far northern Rainbow Lake area. The project, developed under the BCarbon MCR Protocol, aimed to reduce greenhouse gas emissions from legacy oil and gas infrastructure by identifying, testing, and plugging wells emitting methane. The project helped to enable discretionary funding by the operator to accelerate decommissioning of old oil and gas wells, and as a result of the BCarbon Protocol, were voluntarily plugged in February 2024. Crbon Labs undertook well analysis, measurement and quantification to establish a baseline for environmental impact and to qualify the site for high-integrity carbon offset generation. The project plan incorporates historical data for each well, pre-plugging emissions measurement and quantification, demographic context, aquifer mapping, and post-plugging validation data. Post-plugging tests confirmed zero detectable methane emissions from both wells, substantiating the success of the well plugging and abandonment efforts. Furthermore, surface reclamation work covered over six acres combined, with full adherence to Alberta Energy Regulator (AER) standards. Extensive documentation, ranging from well abandonment records and gas migration tests to demographic assessments, was compiled to ensure transparency and verifiability. No endangered species or agricultural activity was reported near the project sites, and community infrastructure proximity was accounted for in the environmental due diligence. In terms of environmental impact, the initiative is projected to achieve a net emissions elimination and avoidance of 39,837 metric tonnes of CO2e over a 20-year period. This reduction highlights the opportunity for carbon markets to advance valuable methane remediation projects that contribute meaningfully to climate goals, particularly in under-addressed asset classes like inactive wells. Crbon Labs project model is a repeatable and scalable example of market-based solutions aligning environmental stewardship with high-quality offsets.

Project Developer

Well Location

Crbon Labs Inc.

At Crbon Labs, our mission is to foster a sustainable future by permanently reducing greenhouse gas (GHG) emissions, restoring thousands of acres of land, and supporting local communities. Leveraging innovation, technology, and cross-industry expertise, we empower corporations to offset unavoidable emissions through our high-quality carbon projects, ensuring immediate, verifiable, and lasting GHG elimination that aligns with their Sustainability and Responsible Energy objectives. Our initiatives include the decommissioning of underperforming oil and gas wells and the restoration of these lands to their natural state, driving meaningful, permanent environmental change. Committed to the highest standards, we deliver quality offsets and assist organizations in navigating the complexities of sustainability.

Project Developer

Well Location

Crbon Labs Inc.

At Crbon Labs, our mission is to foster a sustainable future by permanently reducing greenhouse gas (GHG) emissions, restoring thousands of acres of land, and supporting local communities. Leveraging innovation, technology, and cross-industry expertise, we empower corporations to offset unavoidable emissions through our high-quality carbon projects, ensuring immediate, verifiable, and lasting GHG elimination that aligns with their Sustainability and Responsible Energy objectives. Our initiatives include the decommissioning of underperforming oil and gas wells and the restoration of these lands to their natural state, driving meaningful, permanent environmental change. Committed to the highest standards, we deliver quality offsets and assist organizations in navigating the complexities of sustainability.

Project Developer

Well Location

Crbon Labs Inc.

At Crbon Labs, our mission is to foster a sustainable future by permanently reducing greenhouse gas (GHG) emissions, restoring thousands of acres of land, and supporting local communities. Leveraging innovation, technology, and cross-industry expertise, we empower corporations to offset unavoidable emissions through our high-quality carbon projects, ensuring immediate, verifiable, and lasting GHG elimination that aligns with their Sustainability and Responsible Energy objectives. Our initiatives include the decommissioning of underperforming oil and gas wells and the restoration of these lands to their natural state, driving meaningful, permanent environmental change. Committed to the highest standards, we deliver quality offsets and assist organizations in navigating the complexities of sustainability.

Transactions

Event
Quantity
Date

Documentation

Type
Document
Date

Provisional Project Plan

November 13 2024

Final Project Plan

February 17 2024

Made with 🖤 on our pale blue dot

Made with 🖤 on our pale blue dot

Made with 🖤 on our pale blue dot