The Walker Ranch Project is a flagship carbon offset initiative that showcases the potential of large-scale, multi-well methane abatement through private initiative and science-backed remediation. Located in Stephens County, Texas, the project targets 23 legacy oil and gas wells, many of which were visibly and audibly leaking methane. Following baseline emissions measurement, 17 of the wells were deemed eligible for carbon credit issuance under the BCarbon Methane Capture & Reclamation Protocol based on their emissions profiles, accessibility, and regulatory status.

Unlike typical projects led by oil and gas operators, this initiative is being driven by a private landowner who personally took over operatorship of the wells to plug them. Over the years, he persuaded former well operators to transfer ownership to him, invested significant personal funds into cleanup efforts, and partnered with Carbon X to secure the remaining funding needed to complete remediation through carbon finance. His motivation is rooted in protecting his land, restoring wildlife habitat, and creating a cleaner future for his children, grandchildren, and community.

The project was co-funded by Carbon X and the ranch owner, with operations managed by Carbon X’s integrated team and plugging executed by Orr Energy Services, a contractor with over 15,000 wells plugged. Emissions detection was performed by True Methane Technologies, using advanced TDLAS technology (RMLD-CS) operated by Qualified Measurement Specialists (QMS). All wells underwent quantification per EPA Method 21 and were confirmed to be actively leaking methane at the time of testing. The average credit yield is approximately 23,000 MT CO₂e per well, totaling an expected issuance of 300,000 MT CO₂e in Q3 2025.

The Texas Railroad Commission (TRRC) provided direct oversight throughout all plugging operations, from pre-job planning through final site restoration. Each well was plugged to exceed state and protocol standards, including removal of surface casing, tagging the top of cement, and completing full site restoration per TRRC guidelines. Additionally, a GPS tracking unit was installed at each well to facilitate precise post-abandonment monitoring.

Monitoring and Permanence Levels:

• All wells will undergo the required three-stage emissions monitoring (baseline, post-plugging, one-year follow-up).
• A pilot for continuous emissions monitoring systems (CEMS) will be launched on-site in Q4 2025, making Walker Ranch a national example for permanence validation and ongoing methane surveillance.

Environmental and Community Co-Benefits:

• Wildlife restoration: The landowner is working with Quail Forever and the Texas Wildlife Department to restore native quail habitats, supporting broader biodiversity and ecological resilience.
• Pollinator protection: Restoration efforts benefit key pollinators including bees and monarch butterflies, while also enhancing native grasslands and soil health.
• Water resource protection: Methane leaks near water sources have been permanently sealed, reducing contamination risk.
• Air quality improvement: Leaking methane has been eliminated, improving air quality for nearby rural communities.
• Local job creation: Project activity supported controlled burns, grading and seeding, equipment haul-offs, emissions monitoring, and rig operations, bringing direct economic benefits to the surrounding area.

Strategic Significance:

Walker Ranch represents the first large-scale, multi-well carbon offset project of its kind in the United States and serves as a proof of concept for future high-volume well aggregation efforts. It demonstrates how carbon credits can mobilize private capital, unlock public-private collaboration, and incentivize rapid methane abatement at scale.

This project sets a precedent for legacy well remediation and habitat restoration that is measurable, verifiable, and permanent, aligning with the highest standards of environmental integrity and carbon market transparency. It is a model for how landowners, credit developers, and state agencies can work together to transform liability into lasting impact.