Introduction
Methane is over 80 times more potent than CO₂ over 20 years.
The oil & gas sector is one of the largest sources of methane emissions.
Advanced management solutions can reduce emissions, costs, and risks simultaneously.
Goal: Showcase technologies and strategies to achieve measurable methane reductions.
WhyMethane ManagementMatters
Climate impact: Short-lived but powerful greenhouse gas.
Regulatory drivers: OGMP 2.0, EPA, EU
Methane Strategy.
Investor & ESG expectations are rising.
Emission reduction = Operational efficiency + Reputation gain.
TheMethane ChallengeinOil& Gas
Fugitive emissions from leaks and venting. Intermittent sources and incomplete data. Manual inspections and inconsistent methodologies. Difficulty in achieving accurate quantification and reporting transparency.
TheRoleofTechnology
Methane Monitoring Software (EIP) for centralized emissions tracking.
LDAR Sim for simulation and optimization of leak detection programs. Remote sensing (satellite, drone, aircraft) for high-frequency data. AI & machine learning for trend analysis and prediction.
Highwood’s IntegratedApproach
1.Quantify: Model-based and measurement-based emissions estimation.
2.Mitigate: Targeted leak detection and repair programs.
3.Monitor: Deploy continuous and periodic monitoring technologies.
4.Report: Streamlined OGMP 2.0 and ESG-aligned reporting.
5.Optimize: Leverage analytics for ongoing performance improvement.
FutureofMethane Management
Increasing adoption of continuous monitoring systems. Integration with AI, IoT, and blockchain for verification.
Shift toward performance-based regulations.
Global methane intensity targets and transparency expectations.
