Last Mile Production LLC today announced the sale of insured, high-integrity carbon tokens generated from the complete decommissioning of an oil and gas facility in West Texas. This milestone marks the transformation of legacy energy liabilities into measurable, bankable climate assets.
The flagship project, centered on the Christopher Facility and a deep gas well in West Texas, followed a rigorous, commodity-grade Plug and Abandonment (P&A) process that permanently eliminated existing emissions and future methane (CH₄) leakage – a greenhouse gas over 25× more potent than CO₂.
All emission reductions were independently verified by a third-party accredited auditor under ISO 14064-3, CORSIA ensuring methodological rigor, transparency, and alignment with international standards.
The insured tokens are created under the Blu Diamond Standard and underwritten by global insurers, combining engineering assurance, technology-backed permanence, independent verification, and financial-grade credibility. Insurance transforms these verified climate outcomes into bankable commodities; unlocking price discovery, preserving value, and integrating environmental assets into capital markets.
Scaling a Repeatable Global Model
As a pioneer in engineered methane avoidance, Last Mile is setting a global precedent for converting oil and gas decommissioning into climate assets. These credits can be recognized in voluntary markets and converted into compliance instruments, tapping demand worldwide.
Through digital traceability, dual-custody verification, rigorous third-party auditing, and AI-driven monitoring, each credit’s lifecycle – from engineering intervention to insurance activation to market transfer – is fully auditable and regulatory-ready.
“This achievement proves oil and gas can lead in measurable, financeable climate action. By integrating digital traceability, we’ve created a repeatable blueprint that converts decommissioning liabilities into globally recognized, insured environmental assets. This isn’t just compliance: it’s a profitable, scalable sustainability strategy.” Zach Wagner, CEO, Last Mile Production
The Blu Diamond Ecosystem: Engineering, Governance, and Intelligence
Blu Clarity strengthens the Blu Diamond ecosystem with fiduciary-backed governance and deterministic insurance:
Fiduciary Governance –Embeds accountability and transparent risk transfer across the full lifecycle of insured carbon tokens.
Deterministic Insurance –Advancing real-time, data-driven coverage to ensure permanence and market-grade credibility.
Institutional Assurance –Positioned to deliver enforceable, insured carbon tokens designed for recognition as financeable assets.
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