Schlumberger recently joined the Aiming for Zero Methane Emissions initiative to support energy companies’ efforts to reduce the global warming impact of their operational methane emissions.
The project, developed by the Oil and Gas Climate Initiative (OGCI), has two levels of participants: signatories and supporters.
Signatories include producers, refiners and distributors of petroleum, natural gas and other fossil fuels, excluding coal. Participating companies commit to achieving near-zero methane emissions from their operations by 2030. As part of this commitment, companies agree to pursue all reasonable means to avoid venting and flaring of methane, and to repair detected leaks, while maintaining the safety of people and people. the integrity of operations.
Supporters include energy services and technology companies that can help producers, refiners and distributors meet their methane reduction goals. As a supporter of Aiming for Zero, Schlumberger will work closely with initiative signatories to provide advisory expertise and sensing and mitigation technology solutions and to help address the challenges of a regulatory reporting environment. dynamic.
“By joining the initiative, Schlumberger management is sending a strong statement that it shares the ambition to eliminate methane leaks from the oil and gas industry,” said Bjørn Otto Sverdrup, Chairman of the Executive Board of OGCI.
According to information from the OGCI, the Aiming for Zero initiative is intended to complement other multi-stakeholder initiatives, such as the Methane Guiding Principles, the Oil and Gas Methane Partnership 2.0 and the Global Methane Alliance, and is not intended to duplicate their work. The initiative was launched in March this year.
Industry focuses on methane
In recent years, scientists and policy makers have focused on methane because of its greenhouse gas (GHG) potency. Compared to CO2 emissions, methane has 84 times the warming potential in the first 20 years after the emissions enter the atmosphere. To put this impact in context, 0.5C out of the 1.1C the planet has already warmed is directly attributable to methane.
Today, the oil and gas industry is one of the largest sources of methane emissions with around 80 million tonnes per year. “These emissions will have the same impact on the climate as the annual CO2 emissions of almost any car in the world,” said Kahina Abdeli-Galinier, business manager of emissions at Schlumberger.
Abdeli-Galinier leads Schlumberger End-to-end Emissions Solutions (SEES), a company dedicated to eliminating methane emissions and routine flares. Launched earlier this year, SEES helps Schlumberger customers identify and quantify the source of their methane emissions and deploy the emissions reduction strategy best suited to their operations.
“The SEES activity brings a scientific and operational approach to the management of methane emissions,” said Abdeli-Galinier. “After performing a baseline measurement and identifying the root cause of the emissions, we take action to reduce emissions and track the reduction in methane emissions over time through continuous monitoring.”
The emissions data collected can then be fed into a digital platform that integrates with other data from across company operations. This yields valuable insights that Abdeli-Galinier says can help operators develop the most cost-effective and efficient strategies for emissions reductions and reporting targets.
A fixable problem
When it comes to both detecting and reducing methane emissions, much of the technology already exists. The International Energy Agency (IEA) estimates that industry can reduce methane emissions by 70% by 2030 using today’s technologies. Additionally, industry experts estimate that approximately 40% of these emissions can be avoided at no net cost, as the cost of reduction is less than the typical market value of the captured gas.
Abdeli-Galinier says Schlumberger can offer a wide range of measurement and reduction solutions from its portfolio and an extensive network of technology vendor partners, for everything from portable detectors and low-emission valves to satellites, continuous monitors and instrumentation air systems. The company also has significant global scale to deploy these solutions, with a reach spanning 120 countries.
“Schlumberger has strong partnerships and works with many oil, gas and energy companies, so they can make a very significant contribution to reducing emissions faster,” Sverdrup said.
“The elimination of methane emissions and routine flaring is our chance to show the world that our industry is serious about solving the climate crisis,” Abdeli-Galinier said. “As a supporter of the Aiming for Zero initiative, we make it very clear to signatory participants that we are aligned with their goals, and we have the expertise and capabilities to help them achieve zero methane emissions by 2030. or before.”
To learn more about SEES, visit www.slb.com/SEES.
. Schlumberger supports efforts industry for eliminate emissions methane from operations oil gas