Three of the largest Lower 48 producers have joined worldwide oil and gas peers in pledging to improve methane emissions reporting and reduce greenhouse gas (GHG) emissions.


ConocoPhillips, Devon Energy Corp. and Pioneer Natural Resources Co. announced Thursday they were becoming members of the Oil and Gas Methane Partnership (OGMP) 2.0 Initiative. The OGMP standard provides a roadmap for industry to set and reach net-zero emissions goals by 2050. 

“Reducing greenhouse gas emissions, including methane, is an important priority for ConocoPhillips,” said CEO Ryan Lance, who oversees the world’s largest exploration and production company. “We believe that applying the rigorous OGMP 2.0 reporting standard across our global assets will be a vital step on our path to net-zero...