New Frontier Markets
Enabling the energy transition with responsibility and transparency
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Global Carbon Offsets Report
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2021 vintage
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BLUE Carbon
2021 vintage
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ARR
2021 vintage
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Carbon Market Report
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EUA
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UKA
Forward average
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Insights
NFM's perspective on elevating industrial decarbonization and advancing market solutions to combat climate change.
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We find the most meaningful decarbonization projects and facilitate the third party verification and listing of these projects. You review the projects and decide which projects you want to support as we work together to slow and reverse global warming.
CCUS Expertise
As CCUS experts, we select the highest quality projects that will deliver a tangible impact.
Transparent Projects
As climate investors, you choose the projects that fit your impact goals and budget.
Climate Impact
Together, we deliver projects with real impact that is measured, transparent and sustainable.
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Projects supported by NFM
Featured Projects
Below you’ll find some of the highest quality projects that NFM has identified in today’s market.
Our Lady of the Angels Orphan Well
Located above the Rocky River in the City of Cleveland, in Cuyahoga County, Ohio this orphaned well was drilled in 1908 into what was likely the “Clinton Formation”. As one of Ohio’s oldest natural gas bearing shale formations, to a depth of approximately -2,700’+/-. The well (API: 340-35-60778) was producing up until the 1950s when it was idled and filled with a clay material, a common industry practice during that era. Located above the Rocky River in the City of Cleveland, in Cuyahoga County, Ohio this orphaned well was drilled in 1908 into what was likely the “Clinton Formation”. As one of Ohio’s oldest natural gas bearing shale formations, to a depth of approximately -2,700’+/-. The well (API: 340-35-60778) was producing up until the 1950s when it was idled and filled with a clay material, a common industry practice during that era. In 1979, Our Lady of Angels Apartments, Inc. DBA Franciscan Village, a nonprofit collaboration, was formed to serve the anticipated future demand for affordable independent senior citizen housing. As the first residents began to occupy the two-building, 135-unit Franciscan Village, a waiting list of approximately 2,000 people soon developed. In 1992 the Franciscan Village expanded by constructing a third building and adding 41 additional units for a total of 176. An expansion project in 2022 exposed that an orphaned well was leaking methane in the courtyard and VitalEco and our partners adopted it. The Ohio Department of Natural Resources issued the plugging permit on April 8, 2022 and Moore Well Services of Mogador, OH began work. The team drilled out the old plugging material and removed the failed casing pipe. They drilled a larger diameter 8″ hole for a clean well bore and installed approximately 170′ of new 8″ steel casing which was cemented on the backside between the casing pipe and the formation. Moore then cleaned out the well bore and together with Petroset and Appalachian Well Surveys, cemented the cleaned well bore, set an 8″ bridge plug, and placed cement all the way to the surface by April 28, 2022! A team effort!
3648 Rocky River Dr Cleveland, OH 44111
Milestone CO2 Slurry Injection
Milestone operates the largest network of slurry injection facilities in the U.S., offering advanced sequestration solutions that permanently trap hydrocarbons from our customers' waste a mile beneath the Earth’s surface. This process prevents the hydrocarbons from volatilizing into the air as emissions, which would naturally occur if the waste were disposed of through traditional methods like reserve pits and landfarming. The reduction in emissions realized by using our waste sequestration technology significantly exceeds the emissions generated from our operational activities, providing a substantial net carbon benefit. Our proprietary process ensures compliance with regulations, and provides E&P companies with a robust solution to significantly reduce the risks of soil and groundwater contamination while lowering operational carbon footprints. Milestone enables energy companies to adopt a cleaner, more responsible approach to waste management. Milestone maintains a rigorous monitoring, reporting, and verification program to ensure a full accounting of carbon that is deposited into our Class II wellbores. We have conducted extensive sampling across our portfolio of assets to monitor and quantify the total petroleum hydrocarbon content, and are currently engaging with third-party independent carbon registry boards to develop our own methodology to undertake the project.
6605 FM1583, Dilley, TX 78017
Midwestern Renewable Energy CCS
Midwest Renewable Energy LLC opened as a dry-mill fuel ethanol plant in 2004. Started by a small team of family and friends investors, we have been a staple of the Sutherland and North Platte communities for over 20 years. MRE, alongside its transportation and storage partner Frontier Carbon Solutions, is assessing the economic and engineering viability of carbon capture at the Sunderland facility. By liquefying CO2 that would otherwise be emitted, and transporting liquid CO2 by rail to Southwestern Wyoming, MRE and Frontier can reduce the carbon footprint of the facility.
27532 West Highway 30 Sutherland, NE 69165