Page 8 - NorthAmOil Week 43 2022
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NorthAmOil                               ENERGY TRANSITION                                        NorthAmOil




























       Chevron publishes report detailing




       methane reduction efforts




        GLOBAL           SUPER-MAJOR  Chevron has published  terms of warming the climate system, says Stan-
                         a methane report detailing its approach to  ford University.
                         detecting, measuring and reducing methane   Chevron acts to keep methane in the pipe by
                         intensity.                           reducing methane intensity, improving methane
                           Since 2016, Chevron has reduced the compa-  detection and advancing measurement. It hopes
                         ny’s methane intensity by 50%, it says. Chevron’s  to design and operate facilities to help prevent
                         US upstream methane intensity is 85% lower  methane emissions and deploy technologies
                         than the US upstream production sector average  to validate performance, inform repairs and
                         as of 2020, the company continues.   improve inventories.
                           In May, an overwhelming 98% of Chevron   The company noted that in the Permian
                         investors voted in favour of a shareholder pro-  Basin in Texas/New Mexico, it routinely includes
                         posal calling on the company to issue an anal-  vapour recovery units for tank batteries and
                         ysis on the reliability of its methane disclosures.  compressor stations. Since 2011, it has included
                         Chevron backed the resolution. Its new methane  compressed air for pneumatic controllers to
                         report aims to address the issue.    eliminate methane emissions from that source.
                           “Our strategy is clear – leverage our strengths  In addition, it says it has committed to design-
                         to safely deliver lower-carbon energy to a grow-  ing, where possible, all new upstream facilities   Chevron is also
                         ing world,” said Balaji Krishnamurthy, Chevron’s  to operate without routine methane emissions.
                         corporate vice president of strategy and sus-  Chevron is also testing emerging technol-  testing emerging
                         tainability. “Effective methane management is  ogy and incorporating innovative solutions
                         important for lower-carbon intensity oil and gas  into its methane management programmes. It  technology and
                         production. Chevron’s ambition is to be a global  is working toward integrating comprehensive
                         leader in methane emissions performance,” he  direct measurement into existing emission fac-  incorporating
                         added. “Our goal is simple – keep methane in  tor-based inventories as protocols are developed   innovative
                         the pipe.”                           and technologies become more widely avail-
                           Chevron has adopted an upstream meth-  able to improve methane detection at both the   solutions into
                         ane-intensity target of 2.0 kg CO2e/barrel of oil  site and source levels. Since 2016, Chevron has
                         equivalent by 2028, which it says represents a  tested 13 advanced detection and measurement   its methane
                         53% reduction from its 2016 baseline. Chevron  technologies.
                         also supports efforts such as the Global Methane   Chevron says that methane emissions can   management
                         Pledge, launched at the UN climate conference  have a wide range of potential causes, such as   programmes.
                         COP26 in Scotland in November 2021, as well  vents in older facility designs or upset conditions
                         as the Oil and Gas Climate Initiative’s Aiming for  at a well site. It says that regular monitoring helps
                         Zero Methane Emissions Initiative, which calls  detect and address infrequent super-emitters, a
                         for treating methane emissions as seriously as  term used to describe sources of large emission
                         safety – with zero tolerance.        volumes. Chevron, through a collaboration with
                           Over the first two decades of the release of  GHGSat, monitors 22 oil and gas production
                         methane, the main component of natural gas, it  facilities from space on at least a monthly basis,
                         is more than 80 times more potent than CO2 in  weather conditions permitting.™



       P8                                       www. NEWSBASE .com                        Week 43   27•October•2022
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