W+E Forward has brokered AT&T’s purchase of carbon credits from Carbon X’s Walker Ranch project in Texas, connecting corporate demand with methane abatement and demonstrating a practical application of the organization’s market-based approach.
AT&T has purchased carbon credits from Carbon X’s Walker Ranch project in Texas in a transaction brokered by W+E Forward.
The project involved plugging 23 legacy oil and gas wells in Stephens County. According to Carbon X, 17 wells qualified for credit issuance, generating approximately 321,000 carbon credits across the project. That figure represents the project total; AT&T’s purchase quantity has not been publicly disclosed.
AT&T also provides connectivity that supports field operations, methane monitoring and the transmission of verification records. This technology role is distinct from its credit purchase and is featured in the company’s Gigaton Goal initiative, which aims to enable one billion metric tons of emissions reductions by 2035.
For W+E Forward, the transaction puts part of our mission into practice: bringing environmental projects and corporate buyers together through a workable commercial structure. The organization grew out of the Marquette S-Lab, and its broader purpose is to support energy and water improvements, particularly for smaller businesses.
As Chair of W+E Forward, I’m pleased to share this milestone and grateful to the Carbon X and AT&T teams, along with our W+E Forward colleagues, for bringing the transaction to completion. It provides a concrete foundation for the work ahead.
