
S3E8 | Carbon Management Regulations
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The oil and gas industry is under increasing pressure to stop leaks of methane from their production operations. We read a lot about increasing regulations but in this episode we will talk to several experts about what the oil and gas industry is doing in response to the new laws. There is an interesting technology story here as well. Emerging technology from satellites, to planes and drones to sensors placed around a production facility are improving to help operators, inspectors and the local community, both identify and mitigate these leaks, sometimes called fugitive emissions. To find out what is going on and how well new inspection and facilities designs are working out, we will talk to Darcy Spady of Carbon Connect and get their field reports and thoughts about future operations. There is some good news in that emissions from large operators in North America and elsewhere are falling, not yet zero but a steady trend of less flares and emissions. But the job isn’t done yet and our experts can give us a progress report on where the industry performance stands in a KPI they call methane intensity.References: Carbon Connect International https://www.carbonconnectinternational.com/Oil and Gas Climate Initiative https://www.ogci.com/carbon-intensity-target/