• Oil & Gas Solutions, Pipeline Services, The Environment
Managing methane doesn't mean sitting around waiting to see where the leaks are…
Satelytics technology will help you keep your pledge to detect and lower methane emissions.
Methane emissions into the earth's atmosphere are a very big problem. So big, in fact, that nearly every major oil and gas producer has made solid commitments to reduce emissions.
BP (NYSE: BP) has set an aggressive emissions reduction target of 3.5 million tons through 2025. The company has identified a number of smart strategies, such as optimizing process heat, making improvements to tanker engines, reducing and eventually eliminating flaring, redesigning gas recovery mechanisms, and other technology that will help to reduce greenhouse gases (GHG). Read more about BP's commitment here.
In its recent sustainability report, Shell (NYSE: RDS/A) discusses strategies to reduce impact on the environment with a wide range of initiatives such as LDAR (leak detection and repair) programs, which uses infrared cameras to identify and repair leaks. Through several collaborations, Shell will invest $1 billion over 10 years in reduction technologies. Read more about Shell's strategic plan.
Addressing climate change-related issues is a high priority toConoco Phillips (NYSE: COP). Utilizing new technology, as well as equipment upgrades, they have reduced their emissions by 16 percent in the San Juan Basin alone. Conoco Phillips' Climate Change Action Plan is an impressive and well devised directive to guide the company to take part in managing GHG emissions.
Meeting the Big Goals
To meet the strong methane emission reduction goals that these and other companies have set for themselves, they need to look to all available leading-edge technology for help. Satelytics can detect methane leaks and alert users to areas that need further attention. Satelytics.io software uses AI/machine learning algorithms that analyze satellite data and extract indicators of a problem—whatever you're looking for—methane leaks, produced water, changes related to right-of-way safety, or constituent pollution. Then the system alerts you via text, email or both. We will show you some critical data—the severity and location—and then as the manager or first responder you can decide what the next action is to minimize consequences.
Information source: BP: http://www.bp.com; Shell: http://reports.shell.com; Conoco Phillips: http://www.conocophillips.com.