Leading independent wells specialist, Elemental Energies, has secured a major master services contract to support the decommissioning of nine orphaned wells in the Gulf of Mexico from Promethean Energy (Promethean), a late life oil and gas operator focused on delivering safe, cost-efficient and timely decommissioning of mature assets.
The first phase commenced in February with Elemental Energies providing well management services from its Houston office for the plugging and abandonment of wells in the Matagorda Island area, off the Texas coast. The work comes as part of a five-year contract awarded to Promethean by the Department of the Interior’s Bureau of Safety and Environmental Enforcement (BSEE) to decommission orphaned offshore wells.
Elemental Energies’ Julie Copland, Head of Decommissioning and Low Carbon, said: “We’re thrilled with this award as it marks a significant expansion of our efforts in the Gulf. Our rich history in decommissioning, uniquely equips us to address the Gulf’s orphaned wells, applying our expertise to mitigate environmental risks, navigate complex regulations, and reduce the associated OPEX of decommissioning work. This project and partnership is a testament to our commitment to meeting evolving industry standards and safeguarding our environment.”
The contract is partially funded by the Bipartisan Infrastructure Law through a $64 million commitment to address orphaned oil and gas wells on public lands.
Steve Louis, SVP Decommissioning for Promethean Energy, said: “We at Promethean are delighted to have Elemental Energies as a strategic partner, as we work with the federal government and others to deliver these projects of strategic importance to the nation’s environmental stewardship and energy security. Elemental’s well engineering expertise is an important component of our comprehensive wells management capability as an operator of mature assets and their decommissioning.”
Learn more at elementalenegies.com
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About Elemental Energies
Elemental Energies is an independent wells-focused energy consultancy. The Aberdeen-headquartered company is committed to supporting the energy sector to achieve a pragmatic transition to net zero through a responsible approach to new oil and gas development, a sustainable and effective strategy for decommissioning, and an integrated engineering vision for low-carbon energy projects.
By harnessing the brightest global engineering talent, Elemental Energies applies deep wells expertise to solving the complex challenges of the energy transition. Following the acquisition of Senergy Wells, the business acquired Norwell Engineering in May 2023 and is expected to announce further acquisitions over the coming 18 months.
About Promethean Energy
Promethean is an oil and gas company focused on stewarding mature assets and headquartered in Houston TX. By responsibly managing their remaining resources and ensuring their safe and reliable decommissioning, the company contributes to an orderly energy transition.
Promethean captures maximum value by integrating the continuum of late-life operations, the transition to cessation of production and the decommissioning of mature oil and gas assets through implementing innovative business models.
Throughout, we apply high environmental, social and governance standards.
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