EXXONMOBIL – Methane management in unconventional operations
ExxonMobil is progressing a comprehensive methane management programme which is on track to meet its goal of reducing methane emissions by 15% in 2020, compared to 2016.
Read more
Working towards near zero methane emissions from oil and gas is a top priority for OGCI. Methane is a far more potent greenhouse gas than carbon dioxide, but it stays in the atmosphere for a shorter time. So reducing methane emissions can result in an important near-term reduction in the pace of global warming.
What OGCI is doing
Aiming for near zero methane emissions
OGCI is on track to meet its 2025 methane intensity ambition of 0.20%. Adopting a near zero methane emissions mindset has helped member companies to accelerate the pace of reduction using existing and emerging technologies. Absolute methane emissions fell by 22% over the past two years.
OGCI’s 2025 methane intensity ambition
OGCI is on track to meet its 2025 methane intensity ambition of 0.20%. Adopting a near zero methane emissions mindset has helped member companies to accelerate the pace of reduction using existing and emerging technologies. Absolute methane emissions fell by 22% over the past two years.
OGCI’s 2025 methane intensity ambition
Expanding our impact on methane emissions
Our long-term objective is to help achieve near-zero methane emissions across the oil and gas industry and along the full gas value chain. We are collaborating broadly to improve data availability and share our knowledge with other companies.
Enhancing data availability
- Partnering with the Payne Institute for Public Policy at Colorado School of Mines to develop a transparent web platform to support real-time mapping and tracking of global gas flaring data, under the umbrella of the World Bank led Global Gas Flaring Reduction Partnership.
- Providing funding through the UN Climate & Clean Air Coalition (CCAC) for Stanford University’s work to update the Global Methane Budget
- Supporting the Methane Science Studies alongside CCAC and the Environmental Defense Fund to increase scientific knowledge and understanding of methane emissions from the oil and gas industry
- Joint project with IOGP and IPIECA to support the deployment of existing and emerging technologies for methane detection and quantification.
Expanding our outreach
- Encouraging governments to implement effective policies that reduce methane emissions, including absolute or intensity reduction targets, working through the Global Methane Alliance.
- Funding and supporting the Methane Guiding Principles initiative, which brings together companies, NGOs, multilateral institutions and academics to reduce emissions across the full value chain.
- European member companies collaborated with the Environmental Defense Fund, Rocky Mountain Institute, Wintershall and the Florence School of Regulation to deliver methane policy recommendations for the European Union, covering the full natural gas value chain.
- Through its methane investment call, Climate Investments solicitated innovative projects that can demonstrate a significant near-term impact on methane emissions at any point in the oil and gas value chain.
What OGCI member companies are doing to reduce methane emissions
Member companies are expanding leak detection and repair campaigns, removing high-emitting devices, and reducing both flaring and venting.
REPSOL – New generation membrane technology reduces emissions
In 2018, Repsol introduced a comprehensive set of internal metrics, targets and action plans to ensure meaningful progress towards climate change mitigation.
SAUDI ARAMCO – Getting results with leak detection and repair
Saudi Aramco’s leak detection and repair programme, enables the mitigation of fugitive leaks, one of the largest sources of methane emissions in the industry.
ENI – Investing in flaring reduction
Having reduced upstream operated carbon intensity by 20% since 2014, Eni is on track to achieve its company target of 43% reduction by 2025.
CNPC – Tackling methane emissions
Reducing upstream methane emissions from oil and gas operations is an important component of CNPC’s Green Action Plan
BP – Mapping and capping methane emissions with Kairos Aerospace
bp has pledged to measure its methane emissions by 2023 and has enlisted Kairos to conduct aerial surveys.
ENI – Tackling fugitive emissions with Clarke Valve
To meet its ambitious new climate targets, Eni is partnering with Clarke Valve to test innovative shutter valves at a refinery in Italy.
CHEVRON – Reducing methane emissions in the USA
Chevron has removed or retrofitted all continuous high-bleed pneumatic controllers from its onshore US facilities.
What is Climate Investments doing to reduce methane emissions
We invest in solutions that reduce methane emissions during the production, delivery and usage of oil and gas.
GHGSat
GHGSat provides accurate, low-cost greenhouse gas monitoring data and services covering any facility in the world.
Kairos Aerospace
Kairos Aerospace provides actionable data on major sources of methane emissions from aerial surveys
SeekOps
SeekOps develops and fields advanced sensor technology for the energy sector to detect, localize, and quantify natural gas emissions through integrated drone-based systems.
Clarke Valve
Clarke Valve has developed a unique control valve that is low-cost and virtually eliminates fugitive methane emissions.
Kelvin
Kelvin delivers safe, secure and smart control of physical systems, utilizing AI to revolutionize complex system control. Through this platform, Kelvin is helping Oil & Gas companies improve economic performance and achieve positive environmental impact.
