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March 22, 2024

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Operations

The Key to Mastering Methane Emissions Management in Upstream and Midstream Oil & Gas is Collaboration

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David Fleck

Why partnering with technology and consulting leaders is the solution in a rapidly changing emissions landscape

Effectively mitigating methane emissions is critical in the oil and gas sector. Methane, a highly potent greenhouse gas with significant warming potential, demands targeted and efficient reduction strategies. 

Addressing this issue demands technological innovation and a collaborative approach that spans across organizations, leveraging expertise from different corners of the industry. The urgency to mitigate methane emissions is amplified by evolving regulatory landscapes and the global push towards Net Zero ambitions, making the task complex and pressing.

The Ever-evolving Emissions Landscape

In recent years, there has been a surge in technological advancements aimed at detecting and quantifying methane emissions. The industry is better equipped to tackle methane emissions head-on, from ground-breaking sensor technologies and drone-based assessments to comprehensive aerial surveys and sophisticated satellite monitoring. However, the advent of these technologies brings a "data tsunami"—an overwhelming influx of information that operators must navigate to extract actionable insights. This challenge is compounded by a regulatory environment that is both diverse and dynamic, with standards and mandates varying across geographical and jurisdictional lines. Mastery over these hurdles requires agility, technological proficiency, and strategic foresight.

Standards like OGMP 2.0, EPA Subpart W, and frameworks like MiQ or Veritas GTI certifications add to the evolving regulatory landscape. Operators must stay informed to ensure compliance and maintain a competitive edge in a market increasingly focused on responsible energy production.

Collaboration as the Essential Catalyst

The solution lies in harnessing the power of collaboration. The case study featured on Climate Investment's blog, in which SensorUp partnered with Oxy (Occidental) and BCG (Boston Consulting Group), offers a prime example. This insightful video, Solving Methane: A Story of Collaboration, further reinforces the story of collaboration, showing how these companies worked together to define a methane solution.

Each entity brought its unique expertise to the table:

Why Partnering is the Future of Methane Emissions Management

By recognizing that no single entity has all the answers, upstream and midstream oil and gas companies can tap into the power of collaboration to conquer the methane reduction challenge. Here's why external partnerships are vital:

SensorUp Has A Comprehensive Solution for Methane Management

SensorUp Gas Emissions Management Solutions embodies the collaborative approach to methane management. This cloud-based software solution goes beyond just data collection, offering a comprehensive suite of features designed to empower oil and gas operators to take control of their emissions:

SensorUp: The Right Partner for the Journey

If you're ready to transform your methane management approach, SensorUp stands ready to collaborate. The platform's modularity allows for tailored configurations, ensuring it meets requirements regardless of company size. Contact us today to explore how SensorUp can optimize your methane reduction efforts and help you achieve your sustainability goals.