The Field Ledger

Methane-Avoidance Projects

LMCX Carbon Asset Development Protocol

The LMCX Carbon Asset Development Protocol is a transparent system tracking orphaned oil and gas wells targeted for permanent decommissioning to prevent future methane emissions.

Engineering-Quantified Forward Carbon Unit (EQFCU)

A contractual right to the future delivery of methane-avoidance carbon credits associated with identified orphaned oil and gas wells targeted for permanent decommissioning. EQFCUs enable the forward sale of anticipated credits to clients, supported by engineering-based emissions quantification under the LMCX Protocol. Final credit quantities and delivery remain subject to well decommissioning, independent verification, and applicable carbon credit issuance requirements.

4.62MtCO₂e total

Project ledger

Showing 1 – 2 of 2 projects

  1. 012.a Christopher Unit 1 IMCSS

    Christopher Unit #1

    Texas

    P&A Status
    Completed
    Insured
    Insured
    LMCX Status
    Issued
    Tokenized
    Completed
    3rd Party Verified
    Verified

    2.18MtCO₂eMethane Avoidance

    Insured
  2. 022.b Abernathy Unit 1 IMCSS

    Abernathy Unit 1

    Texas

    P&A Status
    Completed
    Insured
    Insured
    LMCX Status
    Issued
    Tokenized
    Completed
    3rd Party Verified
    Pending

    2.44MtCO₂eMethane Avoidance

    Insured

LMCX

Real assets.Real impact.

Blockchain is only
one layer.

Institutional environmental assets need custody, governance, accounting and reporting around it.

From the fieldto the balance sheet.

  1. Producing WellMethane abatement at the source
  2. Verified Environmental AssetIndependent measurement and validation
  3. CAT Digital CommodityOne token represents one verified tonne
  4. Solana Token-2022Compliant digital asset infrastructure
  5. FireblocksInstitutional custody and security controls
  6. TRES FinanceTracking, reporting and settlement
  7. ERPEnterprise reporting and disclosure
  8. Financial Statements
  • Measure
  • Tokenise
  • Secure
  • Enable

Institutional outcomes

  • Verified Ownership
  • Institutional Custody
  • Continuous Reconciliation
  • Audit-Ready Reporting

This is how environmental assets movefrom the field to the balance sheet.