Are you ready for this year’s OGMP 2.0 reporting?
Many operators are overwhelmed or confused by the 2024 Oil and Gas Methane Partnership (OGMP) 2.0 reporting deadlines. In a previous article, we talked about what happens after joining OGMP 2.0 and how Highwood can support in your existing inventory, measurement & technology strategy, data analysis & reconciliation, and reporting. In this article we discuss what your organization should prepare for this year. Whether […]
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 […]
Highwood Launches the Emissions Intelligence Platform (EIP)
Highwood Emissions Management is pleased to announce the launch of their Emissions Intelligence Platform (EIP), a software that streamlines complex measurement-informed methane emissions accounting and reporting for the oil and gas industry. “EIP closes the gap between measurement and action.” said Thomas Fox, President of Highwood. “It uses empirical data to not only achieve – but to prove – strong performance, maintaining investor […]
LNG Exporters Must Face EU Methane Rules Proactively
The EU’s groundbreaking methane regulations represent a major shift in the global energy landscape, creating challenges and opportunities for exporters, particularly LNG exporters targeting the European market. By mandating stringent monitoring, measurement, reporting, and verification (MMRV) standards, the regulations aim to reduce methane emissions and enhance transparency across the oil and gas supply chain. The new EU methane regulations were introduced in a previous Highwood […]
The Highwood Bulletin 074
In this month’s bulletin, I cover a new FAQ for EU methane rules, our new report on methane data for banks, China’s new methane satellite, optimizing EPA’s methane fee, MethaneSAT reconciliation, UNEP’s MARS, a McKinsey report on methane reduction costs, and much more. Thanks as always for reading and please share your feedback and thoughts! […]
The Methane Data Problem: A Looming Risk with Major Potential Consequences for Banks
As society moves to demand lower carbon intensity energy, financial institutions play a critical role in shaping the path forward for the oil and gas sector. This report explores the growing need for accurate methane data, the role of measurement-informed inventories, and how existing frameworks including OGMP 2.0 and EU regulations can facilitate meaningful collaboration […]
Understanding and Optimizing EPA’s Finalized Waste Emissions Charge
Understanding and Optimizing EPA’s Finalized Waste Emissions Charge On November 12th, 2024, as part of the Methane Emissions Reduction Program, EPA announced the finalization of its Waste Emissions Charge (WEC) rule. This levies, in 2025, a $900/ton (rising to $1500/ton in 2027) fee on qualified methane emissions over defined thresholds, detailed in a previous article. […]
The Highwood Bulletin 073
This week’s Highwood Bulletin catches you up for the past few months of international methane news for the O&G sector. This edition is busy, with highlights including EU methane rule equivalency, COP29 developments, v4.0 of LDAR-Sim, annual reports by OGCI and OGDC, Carbon Mapper and MethaneSAT data, WEC final rule, Shell’s emissions reduction mandate appeal, […]
Super-Emitter vs. Other Large Release Events: Understanding the Key Differences in EPA Methane Rules
What is the Difference Between a Super-Emitter Event and an Other Large Release Event? In order to meet directives from the Inflation Reduction Act, the EPA has been rapidly updating its methane rules. This includes (but is not limited to): The establishment of a Super-Emitter Program, which includes Super Emitter Event Notifications (SEEN, codified in […]
Research Digest 013
With oil and gas methane research continuing to gain momentum, we’ve had the pleasure and challenge of selecting the most impactful research. Here we summarize the latest in methane measurement, technology testing, quantification, and previously unrecognized emission sources. Review of 237 Oil and Gas Methane Research Publications Aiming to benchmark current knowledge and provide insight […]
