methane reduction

The White House on Monday announced a series of measures to reduce methane emissions, including a $1.15 billion program for states to plug orphan oil and gas wells and to enforce tighter emissions rules for natural gas pipeline operators.  The funds are part of a $4.7 billion orphan wells cleanup program authorized under the recently…

ExxonMobil is teaming up with Scepter Inc. to deploy advanced satellite technology and data processing platforms to “redefine methane detection and mitigation efforts,” initially in the Permian Basin. The partnership is slated to be multi-sector, extending across the energy complex and dozens of other industries including agriculture, manufacturing and transportation. “This collaboration will enable multiple…

ExxonMobil is targeting net zero Scope 1 and 2 greenhouse gas emissions from its operated Permian Basin assets by 2030, the company said Monday. The Irving, TX-based supermajor was producing 500,000 boe/d in the Permian at the end of the third quarter, accounting for more than 40% of the company’s U.S. net production. ExxonMobil plans…

A dozen of the world’s largest oil and natural gas producers, whose goal when they came together was to cut emissions from their upstream businesses, have increased the targets for methane and carbon to 2025. The CEO-led Oil and Gas Climate Initiative (OGCI), launched in 2014, said Tuesday it has set more stringent targets to…

Since early March, nine oil and natural gas producers, utilities and pipeline and storage operators have joined a coalition that pledges to reduce collective methane emissions to 1% or lower. Our Nation’s Energy Future (ONE Future), with members in the upstream, midstream and downstream sectors, now numbers 45. As members, each company would report methane…