IOGP response to IEA Global Methane Tracker Report
IOGP welcomes the IEA's continued focus on methane emissions and recognizes that the industry, as a whole, still has progress to make on methane measurement, reporting, and mitigation
No single database is accurate for all emissions. The IEA notes that advances in monitoring technologies
Satellite technology alone is unable to give a complete assessment of methane emissions. The IEA also recognizes that there remains ambiguity over the magnitude of emissions, because satellite technologies are unable to provide a complete assessment in areas of reduced visibility. Satellite usage therefore needs to be deployed in conjunction with a bottom-up assessment at asset-level
The first-time inclusion of the coal and bioenergy sectors is clearly a major contributor to the increased reporting. We also note from the report that methane emission estimates for the oil and gas sector have decreased compared to 2019 pre-pandemic levels.
The IEA's statement that current high gas prices would result in methane mitigation at no net cost gives a distorted view of operational challenges. The ongoing volatility of gas prices is circumstantial, and each asset may necessitate a different approach to detection, measurement and mitigation based on location, asset type, etc.
We agree with the IEA that there is significant variation in performance across the global oil and gas sector
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