Ending Routine Flaring with Digital Flare Mitigation

Crusoe Energy Systems has pioneered a unique solution that provides shale oil and gas companies with an effective, reliable, and cost-free alternative to routine flaring by leveraging a technology that harnesses stranded methane to enable energy-intensive computation.

(Source: Crusoe Energy Systems Inc.)

Over the course of the 20th century, access to traditional sources of energy has accelerated economic development and human prosperity. However, this has not come without costs. Emissions from fossil fuels are contributing to a changing climate and increasing the risk of environmental and economic disruptions.

Recently, with scientists sounding alarms over the rapid rate of global temperature warming, more attention than ever is being paid by governments, investors, environmental groups and companies to methane emissions and its role in climate change—including the critical role it can play in limiting climate change in the near term. Methane is a potent greenhouse gas (GHG) that has over 80 times the global warming potential of CO₂ over a 20-year period but a significantly shorter lifespan than carbon dioxide, which can linger in the atmosphere for hundreds of years. Hence, cutting methane emissions can have a meaningful and immediately beneficial effect on the climate, and extend the runway that we have available for the energy transition. A number of leading organizations, including the U.N., the Environmental Defense Fund (EDF) and the International Energy Agency (IEA), have identified reducing methane emissions as one of the best and most cost-effective ways to quickly slow the rate of global warming.

This creates an opportunity for oil and gas companies to reduce their emissions footprint and be a part of the climate solution.

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