Plants & Goodwin

What Plants & Goodwin does

Plants & Goodwin Inc. is a Bradford, Pennsylvania-headquartered oil and gas field services company founded in 1970, operating as a wholly-owned subsidiary of publicly traded Zefiro Methane Corp. (CSE: ZEFI). The company specializes in turnkey plug and abandonment (P&A) services for orphaned, abandoned, and end-of-life oil and gas wells, with a 50+ year operational focus in the Appalachian Basin. Its core offering is a vertically integrated service stack covering cementing, cased hole wireline, service rigs, well completion, workover, specialty downhole tools, and trucking, executed primarily with company-owned equipment including 20 service rigs and, since December 2023, an in-house wireline capability acquired through Appalachian Well Surveys Inc. The company also holds exclusive U.S. licensing rights to the patented REED (Radial Expansion Elastomer Device) casing expansion technology for sealing methane leak pathways.

Plants & Goodwin generates revenue primarily through project-based professional services contracts awarded via competitive bidding by state agencies (notably Ohio ODNR, Pennsylvania DEP, and West Virginia DNR) under federal Infrastructure Investment and Jobs Act and Inflation Reduction Act funding for orphan well remediation, with individual contracts ranging from approximately $200,000 to $4.5 million. Secondary revenue streams include direct P&A work for oil and gas operators (such as Northeast Pennsylvania shale gas operators), private landowners, environmental engineering firms requiring specialized decommissioning (e.g., a 4,600-foot Warren, OH gas well), and corporate facilities, plus licensing income from the REED technology. The go-to-market is exclusively direct, combining competitive government contract bidding with direct relationship-based sales to enterprise operators and landowners, supported by content marketing via a company blog, webinars, and industry conference participation. Operations have expanded from the Northeast to at least eight states (Pennsylvania, Ohio, New York, West Virginia, Kentucky, Virginia, Louisiana, and others), with three offices (Bradford and Shinglehouse in Pennsylvania, Buckhannon in West Virginia) and 101-250 employees.

Name

Plants & Goodwin

Legal name

Plants & Goodwin Inc.

Website

https://plantsgoodwin.com

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

101–250 employees

Short description

Plants & Goodwin is a Bradford, Pennsylvania-based oil and gas field services firm specializing in turnkey plug and abandonment of orphaned and end-of-life wells across the Appalachian Basin and seven additional U.S. states, serving state agencies, oil and gas operators, private landowners, and environmental engineering firms.

Ownership category

akta.pro rank

Product category

Oil and Gas Plug and Abandonment Field Services

NAICS

Support Activities for Oil and Gas Operations (213112), Drilling Oil and Gas Wells (213111)

SIC

Oil & Gas Field Services, Nec (1389), Drilling Oil & Gas Wells (1381)

akta.pro industry

PRIMARYEUALAAAK

Decommissioning, Plug & Abandonment (P&A) & Abandonment Liability Management

Energy, Utilities & Environment/Oil & Gas (Upstream, Midstream, Downstream and Refining)/Upstream Exploration & Production (E&P)

SECONDARYEUALABAC

Well Construction & Completion Services (Cementing, Casing, Tubular Running)

Energy, Utilities & Environment/Oil & Gas (Upstream, Midstream, Downstream and Refining)/Oilfield Services & Drilling (OFS)

SECONDARYEUAAAAAO

Decommissioning & Site Restoration (Abandonment, Remediation)

Energy, Utilities & Environment/Bioenergy, Natural Gas & Biomass/Natural Gas Exploration & Production (Upstream)

Keywords

• Plug and abandonment services
• Oil well cementing
• Well decommissioning
• Orphan well remediation
• Wireline services

Headquarters

HQ city

Bradford

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Orphan Well Remediation Services: Government-funded P&A contracts awarded through state agencies (Ohio ODNR, Pennsylvania DEP, West Virginia) under federal Infrastructure Investment and Jobs Act and Inflation Reduction Act funding. Projects include plugging orphaned and abandoned wells. Revenue is project-based with contracts ranging from approximately $200,000 to $4.5 million per project.
2. Private P&A and Well Services: Turnkey plug and abandonment services for oil and gas operators, private landowners, corporate facilities, and environmental engineering firms. Includes cementing, wireline services, well completion, and workover services.
3. Technology Licensing: Revenue from licensing the REED casing expansion technology to other operators across the United States as part of modular plug-and-abandonment service packages.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Plants & Goodwin provides turnkey plug and abandonment (P&A) services for orphaned and end-of-life oil and gas wells across the Appalachian Basin and other U.S. regions. The company executes decommissioning projects end-to-end using its own fleet of service rigs, cementing units, wireline equipment, specialty tools, and trucking assets, supported by exclusive U.S. licensing rights to REED casing expansion technology for methane leak sealing. Services are delivered to state environmental agencies, oil and gas operators, private landowners, and environmental engineering firms.

Product overview

Plants & Goodwin offers a unified suite of plug and abandonment (P&A) solutions for the oil and gas industry, centered on its core turnkey P&A services. The company delivers services in-house using company-owned equipment across eight operational states. The portfolio consists of integrated service lines: Plug & Abandonment as the primary offering, supplemented by Cementing Services, Wireline Services, Well Completion Services, Well Servicing/Workover, Specialty Tools, Service Rigs, and Trucking. All services operate under a single point of accountability with start-to-finish project oversight, enabling rapid mobilization and efficient project execution.

Differentiator

Problem solved

Functional benefit

Products and services

• Plug & Abandonment (P&A) Services Turnkey plug and abandonment services for decommissioning abandoned and orphaned oil and gas wells, including wellbore preparation, cement plugging, and site restoration. Delivered for state government agencies, oil and gas operators, private landowners, and environmental engineering firms.
• Cementing Services Oil well cementing and pressure pumping services including primary cementing, remedial cementing (top jobs, squeeze cementing), and custom cement blends for zonal isolation. Provided as part of P&A operations and standalone cementing work for drilling operators.
• Wireline Services Cased hole wireline services specifically designed for P&A operations, including gamma ray/CCL logging, cement bond evaluation, perforating, pipe recovery, casing cutting, and plug placement.
• Well Completion Services Well completion services including frac plug drill outs, tube ups, and chemical mixing for bringing newly drilled wells online.
• Well Servicing / Workover Well maintenance and workover services including well cleanouts, fishing services, casing and tubing repairs, rod and tubing work, and downhole equipment maintenance.
• Service Rigs Workover rigs with derrick heights up to 112 feet and hook load capacities of 250,000-300,000 lb deployed for well intervention and P&A operations. P&G maintains 20 available service rigs.
• Specialty Tools Specialized downhole tools and equipment for well intervention, including snubbing units, power swivels, and fishing tools.
• Trucking Transportation and logistics services for equipment mobilization and site support for oilfield operations.

Quantifiable outcome

• Reduced conductor cementing costs from $7,000-$16,000 to under $6,500 per well
• +3 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered core and minor.

• Zefiro Methane Corp.coreStrategic or Co-development PartnerZefiro Methane Corp. is the parent company of Plants & Goodwin. P&G operates as a subsidiary providing plug and abandonment services as part of Zefiro's environmental services segment focused on methane abatement. Zefiro acquired P&G to expand its operational capacity in well retirement services and position itself as a comprehensive provider in the sector.
• Radial Casing SolutionscoreOEM/ Whitelabel/ Licensing PartnerP&G holds exclusive U.S. licensing rights for the REED casing expansion technology through Radial Casing Solutions. This proprietary technology uses hydraulic pressure to expand elastomer elements inside wellbore casing to seal leak pathways and prevent methane emissions at a fraction of traditional remediation costs.
• Northwind Site ServicesminorChannel Partner/ Reseller/ DistributorP&G was subcontracted by Northwind Site Services for plugging orphaned wells in Cuyahoga Valley National Park. P&G executed the plugging process as the specialized P&A contractor while Northwind managed the prime contract with the National Park Service.
• Engineering Firm (Composite Mat Specialist)minorImplementation/ SI/ Consulting PartnerP&G partnered with an engineering firm specializing in composite mat systems to build access roads and well pads inside lakebeds for challenging P&A projects such as Seneca Lake. The firm provided composite mat systems enabling equipment mobilization in unstable terrain.

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Halliburton: Global oilfield services incumbent providing cementing, wireline, and well intervention services that overlap with P&G's portfolio. Competes with P&G on larger decommissioning tenders and brings integrated capabilities P&G does not.
• SLB (Schlumberger): Largest global oilfield services company with broad cementing, completions, and well intervention offerings. Relevant peer as a broad incumbent whose wellbore integrity and P&A capabilities overlap with P&G's core services.
• Weatherford International: Global oilfield services provider offering cementing, intervention, and wellsite services with overlap to P&G's cementing and wireline lines. Comparable as a broad oilfield services incumbent serving similar operator customers.
• Calfrac Well Services: Pressure pumping and oilfield services company with North American cementing operations that overlap with P&G's cementing service line. Relevant peer for cementing economics and competitive positioning.

Regional players

• STEP Energy Services: Canadian-based oilfield services provider with cementing and well intervention capabilities serving a similar operator profile. Comparable as a regional oilfield services peer with overlapping service lines but different geographic footprint.

Direct peers

• NCS Energy Services: Pennsylvania-based oilfield services provider with strong Appalachian Basin presence offering cementing, wireline, and well services. Directly competes with P&G for the same Appalachian operator customers and state agency contracts.
• Wellbore Integrity Solutions (a SLB company): Dedicated subsidiary of SLB focused on plug and abandonment and wellbore integrity services globally. Closest large-scale P&A pure-play peer and the most direct competitor for high-complexity P&A contracts.
• Cudd Well Control (Expro Group): Specializes in well control, intervention, and plug and abandonment services for oil and gas operators. Highly comparable to P&G as a specialized P&A and wellsite service provider serving both private operators and government-driven decommissioning work.

Emerging players

• Artex Energy Group: Growing North American P&A and orphan well remediation contractor competing for state and federal orphan well funding. Closely comparable to P&G as a focused emerging competitor chasing the same IIJA-funded opportunity set.
• PrairieFire Energy Solutions: Specialized orphan well remediation and P&A contractor primarily active in the U.S. Midwest. Comparable to P&G as a focused emerging competitor pursuing government-funded orphan well programs with similar turnkey positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/PlantsAndGoodwin
• LinkedInlinkedin.com/company/plants-and-goodwin-inc.

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Plants & Goodwin