

NEOG is a mature-well platform built around the ownership and operation of existing wellbores. Our model is straightforward: evaluate each well thoroughly, determine the right path, and execute through one of two core service lines—rework and recompletion for wells with productive potential, or plugging and closure for wells that have reached the appropriate end-of-life stage.
Where plugging is the right outcome, our approach is designed to support responsible field management and reduce long-term emissions risk. Where supported by technical and economic analysis, NEOG may also evaluate whether select wells are suitable for CO2 sequestration or carbon-credit-related opportunities.
Built on existing infrastructure and a practical operating framework, NEOG takes a focused approach to mature wells. Each asset is assessed based on condition, potential, operational fit, and closure requirements, then advanced through a clear execution model designed to support performance, efficiency, and responsible field management.
For wells nearing end of life, that includes disciplined plugging strategies aimed at reducing emissions exposure and simplifying future obligations.
NEOG’s operating model is centered on two essential service pathways: rework and recompletion for wells with productive potential, and plugging and closure for wells that have reached the appropriate end-of-life stage. In cases where detailed analysis supports it, NEOG may also evaluate whether a well presents a viable pathway for CO2 sequestration or carbon-credit-related value creation.
We believe every mature well deserves a clear, practical path forward. That’s why NEOG brings disciplined evaluation, focused field execution, and responsible operational decision-making together—to restore value where it makes sense and close assets with control where it doesn’t.
At the core of the NEOG model is the belief that every mature well requires a clear and practical operating decision. Some wells warrant targeted intervention to restore production. Others are better suited for an organized closure process that reduces long-term risk and helps address potential emissions exposure. NEOG is structured to make those decisions efficiently, evaluate each well thoroughly, and execute the appropriate pathway with consistency in the field.
NEOG emphasizes disciplined evaluation, concentrated execution, and repeatable workflows that support operational efficiency across mature assets. Our model is designed to create clarity at the well level and consistency at the platform level, allowing each well to move through the appropriate pathway with purpose and control. That same discipline also supports responsible plugging decisions, emissions reduction where achievable, and selective evaluation of CO2 sequestration or carbon-credit opportunities when supported by the asset.
NEOG is not built around a broad service menu. It is built around doing the essential work well. By concentrating on rework and recompletion on one side, and plugging and closure on the other, NEOG maintains a focused operating identity rooted in field discipline, technical judgment, and responsible asset stewardship. Where it makes sense, that stewardship can also include evaluating whether a well supports CO2 sequestration or carbon-credit potential through rigorous well-by-well analysis.
For wells that have reached the right end-of-life stage, NEOG approaches plugging and closure as a disciplined operational pathway that can help reduce emissions, simplify future obligations, and support responsible asset retirement.
Where supported by thorough technical and economic analysis, select wells may also be evaluated for CO2 sequestration or carbon-credit-related opportunities.
For wells with strong productive potential, NEOG advances targeted rework and recompletion programs designed to restore output and extend useful asset life. This work is guided by technical review, infrastructure readiness, and a practical understanding of what is required to return a mature well to service effectively.
For wells that have reached the appropriate end-of-life stage, NEOG executes organized plugging and closure programs with a focus on safe field execution, emissions reduction, and responsible asset retirement. Our approach is designed to help reduce long-term environmental risk, simplify closure obligations, and ensure each well follows the most practical and technically sound path forward. Where supported by thorough analysis, NEOG may also assess whether select wells have potential for CO2 sequestration or carbon-credit-related pathways.
Every well is assessed to determine the right operational path. From there, NEOG applies a clear execution model built on field coordination, operational discipline, and repeatable processes that support effective results across mature assets.

NEOG’s mission is to operate mature well assets with discipline, efficiency, and long-term responsibility by restoring production where viable and executing plugging and closure where appropriate.
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