A story of adapting to a new era in methane accounting through collaboration and digital innovation
Quantifying and reporting methane emissions in a credible manner is one of the most complex challenges facing the oil and gas (O&G) sector. Generic bottom-up inventories – originally used for regulatory reporting – are being replaced with measurement-informed inventories (MIIs) that leverage company-specific data and often require comparing and combining distinct estimates in a process called reconciliation. A growing number of regulations (Europe, Colorado)