Arolytics’ Post

🌍 Shaping the Future of GHG Reporting in Oil & Gas: A MUST-READ RESOURCE As the oil and gas industry faces growing regulatory pressures and heightened stakeholder expectations, accurate greenhouse gas (GHG) inventories—especially methane—have become critical. Our latest white paper, "Beyond the GHG Protocol for the Oil & Gas Industry- Building a Strong Foundation: The Role of GHG Inventories", dives deep into the challenges of emissions reporting and offers actionable insights into improving data quality, technological integration, and regulatory alignment. In this resource, we cover: 🔹 How to navigate complex methane inventory frameworks 🔹 Choosing the right reporting methodologies 🔹 Leveraging advanced technologies like continuous monitoring systems 🔹 Aligning voluntary and regulatory reporting for seamless compliance Whether tackling OGMP 2.0 membership or seeking strategies to improve your emissions management, the expertise shared in this white paper will help guide your decisions. ▶️▶️ Download now and take control of your GHG reporting journey: https://hubs.ly/Q02XKvXk0 ◀️◀️ If you need further guidance in defining your GHG path or need assistance making sense of your GHG data, reach out to Envana Software Solutions' team of industry SMEs. Find out how you can reach your sustainability objectives with the most efficient solutions for your company. We'd be glad to help you assess where you are today and where you stand to benefit the most. We look forward to chatting with you. #GHGInventories #MethaneManagement #EmissionsReduction #OilandGas #Sustainability #Envana

𝐈𝐦𝐩𝐚𝐜𝐭 𝐨𝐟 𝐍𝐞𝐰 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐢𝐨𝐧𝐬 𝐨𝐧 𝐭𝐡𝐞 𝐎𝐢𝐥 𝐚𝐧𝐝 𝐆𝐚𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 🌍🛢️🌱 In 2024, the oil and gas industry is undergoing significant regulatory changes, focusing on emission reductions and boosting sustainability. Among the most notable are the new EPA methane rules, which will enforce stricter limits on emissions from pipelines and operations on federal lands. While this may increase operational costs, it’s a crucial step in tackling climate change. 🏭🌱 . Additionally, regulations for pneumatic devices and pumps, with a compliance deadline of 2025, will require companies to adopt zero-emission technologies, offering an opportunity for innovation and operational efficiency. ✨ . This regulatory pressure is also being felt globally. In Europe, LNG buyers are demanding products that meet stricter methane emission standards, pushing U.S. producers to accelerate their emission reduction efforts to remain competitive. 🌍🔋 . In the U.S., the Inflation Reduction Act is promoting investments in carbon capture technologies, opening up new possibilities for the O&G industry to reinvent itself. While the path forward isn’t simple, companies that adapt their operations and embrace low-carbon solutions will thrive in this challenging environment. 💡 . The future of our industry is green – and innovation will be key to thriving in this new regulatory landscape. . . . . . #Sustainability #OilandGas #Innovation #Legislation #ClimateChange

🟢 As the world experiences a #methane data revolution, what does it mean for companies to report emissions with credible, measurement-based data? A new guide to OGMP 2.0 Level 4 and Level 5 reporting is now available online, sharing insights from Tania Meixús Fernández Fernandez and Lisa Solomchuk, Senior Advisors at IMEO’s OGMP 2.0 to help companies navigate the Partnership's emission reporting framework. ℹ️ The Oil & Gas Methane Partnership 2.0 is UNEP's flagship programme that helps companies transition to credible measurement-based reporting that is key for them to design targeted and cost-effective #mitigation strategies.   Check out the guide: https://lnkd.in/ek8Y-uVR Learn more about OGMP 2.0: ogmpartnership.com

No Cost Emission Reduction?? 40% of methane emissions in oil & gas operations could be eliminated at zero net cost according to research released by BCG. How practical is this for operators?   The challenge? Most operators are drowning in data but starving for insights. BCG's analysis shows why methane abatement isn't just an environmental challenge—it's a digital one.   I see three critical steps for operators: 1. Start small but strategic: Pick one representative asset, establish quick baseline metrics 2. Build your digital foundation: Deploy basic monitoring infrastructure that can scale 3. Systematize for success: Integrate with existing systems and formalize program structure   The technology is ready. The business case is clear. The question isn't whether to act, but how quickly you can transform data into impact.   #EnergyTransition #DigitalTransformation #SustainableTech

In a session at CERAWeek by S&P Global last Monday, top oil executives took to the stage to vocally oppose calls for a quick move away from fossil fuels, saying society would pay a steep cost to replace oil and gas. Big oil companies including #BP and #Equinor have written down #renewableEnergy projects and others have been forced to push back their greenhouse gas reduction targets due to greater uncertainties with the transition to clean fuels. “We should abandon the fantasy of phasing out oil and gas, and instead invest in them adequately” to reflect demand, Amin Nasser, CEO of #SaudiAramco, the world’s largest oil producer, said to applause. Despite the growth of electric vehicles, solar and wind power, oil demand this year will reach a new record of 104 million barrels per day this year, Nasser said. He touted lower-carbon solutions while saying alternative energy sources should be phased in “when they are genuinely ready”. Other oil CEOs echoed his view, with #Shell’s Wael Sawan pointing to government bureaucracy in Europe as slowing needed development. #Petrobras CEO Jean Paul Prates said caution should overrule haste. #ExxonMobil CEO Darren Woods also said regulations governing clean fuels have still not been resolved. Exxon’s Woods, whose company spent $4.9 billion on a carbon sequestration company, raised concerns about building a business around #hydrogen and carbon capture and storage (#CCS) He said in remarks at the conference he is not confident that carbon capture and storage will “necessarily come to the right solution” because of its current high costs and lack of market incentives. On the use of hydrogen as a fuel, “the challenge has been translating the legislation of the IRA (Inflation Reduction Act) into regulation,” Woods said. ~ ReuTĕŘs

Methane mitigation isn’t just about meeting regulatory requirements—it’s a strategic opportunity for operational efficiency, financial resilience, and global competitiveness. As the energy industry evolves, companies integrating proactive methane management into their core strategies are better positioned to meet stakeholder expectations and drive growth. 

After several decades in operation, the O&G industry is certainly long overdue to have developed solutions to eliminate gas flaring and other leaks, as problematic as they're considered to the environment. Near-zero methane emission, zero routine flaring, improved operational efficiency, reduction in equipment leaks etc etc, are all effective ways that can significantly reduce emissions. If maximising operational efficiency and leak gas recovery are at low-cost, with a 35% upstream emission reduction improvement, why are these so difficult to implement? https://lnkd.in/gaWX2DQV

The estimates by Welligence Energy Analytics indicate that smaller oil and gas operators still have work to do to cut methane emissions and federal funding is likely to be an important component of such an effort. However, new methane regulations and standards from the US Environmental Protection Agency (EPA) will be even more important to limiting methane emissions from oil and gas operations, and it's crucial they remain in place following the November elections.

🆕 Excited to share some findings from the latest National Petroleum Council (NPC) study "Charting the Course: Reducing GHG Emissions from the U.S. Natural Gas Supply Chain.     This comprehensive report, spearheaded by a renowned federal advisory group affiliated with the U.S. Department of Energy (DOE), offers valuable insights into shaping future energy supply chain methane detection and abatement policy and practices.    In collaboration with partners from DOE, the oil & gas sector, academia, NGOs, and tech enterprises, Project Canary played a significant role in ensuring key issues were addressed.    ✅ Takeaway: The study calls on the Biden Administration to harmonize federal regulations to ensure rapid uptake of advanced methane technologies and methodologies, including specific recommendations for advanced technology to be incorporated into the Subpart W rulemaking and strong support for quick and clear OOOOb/c Alternative Test Method approvals.    From advocating for advanced tech integration to supporting DOE's MMRV Framework, our contributions aim to drive sustainable advancements in the energy sector.    📄 “Rapidly evolving emissions detection and quantification systems need  to be integrated into public and private decision-making.”      Read the study to learn more here: https://lnkd.in/gPSWDW8g    #projectcanary #nationalpetroleumcouncil #emissions #methane #climatetech #climatetechnology 

In today’s dynamic energy landscape, oil and gas companies may be reassessing the strategic importance of methane mitigation. Beyond compliance, there’s a compelling business case for prioritizing methane reduction—benefits that resonate across global markets. Key factors to consider that are driving methane mitigation efforts: • Operational Efficiency and Product Recovery: Methane leaks are not just environmental concerns but also represent lost product. Implementing advanced leak detection and repair (LDAR) programs enhances recovery and boosts operational efficiency. • Financial Performance and Risk Mitigation: Proactive methane management reduces exposure to regulatory costs and minimizes risks of operational disruptions. This safeguards assets and ensures consistent production. • Investor and Stakeholder Expectations: In both the U.S. and Europe, there’s a growing emphasis on Environmental, Social, and Governance (ESG) performance. Robust methane mitigation strategies enhance capital access, improve stakeholder relations, and strengthen corporate reputation. • Market Alignment and Growth Opportunities: European markets are increasingly prioritizing environmental responsibility. Companies with strong methane mitigation practices are better positioned to meet international demand, opening new opportunities and enhancing competitiveness. By integrating methane mitigation into core business strategies, oil and gas operators can achieve significant operational and financial benefits. This proactive approach ensures resilience and competitiveness in a rapidly evolving global industry landscape. 👉 Read the full article here: https://hubs.ly/Q02-ns_w0 For more information: info@sensorup.com #MethaneMitigation #OilAndGas #OperationalExcellence #ESG #Sustainability #Europe #EnergyInnovation #EnvironmentalStewardship