Insights Article Why oil companies aren’t prioritizing urgent emissions reductions
We must rethink our corporate metrics for calculating the global warming potential (and reduction) of methane.
Decarbonize operations by addressing large sources of greenhouse gases
We work with our customers to address methane emissions and eliminate or reduce both routine and nonroutine flaring in their operations. We partner with you to understand your goals and help you meet them with our Transition Technologies™ and end-to-end emissions solutions.
The energy industry faces a dual challenge of reducing emissions and meeting global energy demand. Wiping out methane emissions is one of the biggest, easiest, and most rapid action we can take in the near term to hold down global temperatures. Eliminating or reducing flaring achieves both goals by freeing up energy that would otherwise be burned. Where flaring is unavoidable, we work to maximize combustion efficiency and minimize CO2e emissions.
By wiping out routine flaring, we can significantly reduce GHGs quickly.
Over 20 years, methane has 84x the global warming potential compared to CO2. Addressing methane leaks, both intentional and unintentional, represents a huge opportunity to quickly reduce global warming impact of oil and gas operations.
Eliminate flaring during well tests or well cleanups at the source and monetize the produced hydrocarbon instead.
Instead of flaring excess natural gas, why not just use it? A whole range of "gas-to-value" technologies means we can cut GHGs while making sure associated natural gas is put to good use—and turned into value—by converting it into power, liquids, chemicals, and even cryptocurrency.