As oil and gas companies look to improve their balance sheet and social license to operate, ESG reporting has moved from an afterthought to a priority. But how do those goals translate into the field?
“Operators can minimize their carbon footprint by regulating power usage, which is near and dear to our heart at Aggreko,” said Aggreko’s Joshua Haugan.
Aggreko, which set its own net-zero target, helps oil and gas operators achieve sustainability goals by providing power solutions and energy services aimed at improving the efficiency of the operations. Haugan, who serves as sector manager for Aggreko’s North America oil and gas group based in Houston, recently sat down with Hart Energy’s Emily Patsy to discuss what operators can do in the field to boost their ESG scorecard plus how Aggreko can help.
During the interview, Haugan noted the Sustainability Accounting Standards Board (SASB), which publishes specific accounting standards to help companies navigate ESG reporting goals. To align with the industry standards, he said producers could focus their sustainability efforts where they have the greatest impact on the SASB metrics including greenhouse-gas emissions, air quality, water management and biodiversity.
Some other tactics he mentioned include reducing emissions from daily production and utilize alternative fuels such as flare gas to power, biofuels, fuel cells, waste heat to power or combined heat and power, which are solutions that Haugan said Aggreko can help upstream, midstream and even downstream operators achieve on a daily basis.
“One of the fuels we’ve helped customers switch to is natural gas, whether it be CNG, LNG or propane,” he said. “By tapping into this clean and efficient fuel, it will reduce your need to take power from the grid when local utility can’t meet your demands.”
Jump to a topic:
- Aggreko’s ESG approach (0:50)
- ESG scorecard (4:05)
- How Aggreko can help (6:50)
- Hydrogen exploration (9:00)
- ESG outlook in the field (10:40)
Recommended Reading
EIA: NatGas Storage Plunges, Prices Soar
2025-01-16 - Frigid weather and jumping LNG demand have pushed natural gas above $4/MMBtu.
TXO Announces 3 Tcfe NatGas Potential in San Juan Basin
2025-01-16 - TXO Partners plans to exploit a 3,520-acre play as Phase 1 development in the Mancos Shale.
Cushing Crude Storage Levels Near All-Time Lows
2025-01-16 - Near-empty tanks can cause technical and price problems with oil, an East Daley Analytics analyst says.
Bernstein Expects $5/Mcf Through 2026 in ‘Coming US Gas Super-Cycle’
2025-01-16 - Bernstein Research’s team expects U.S. gas demand will grow from some 120 Bcf/d currently to 150 Bcf/d into 2030 as new AI data centers and LNG export trains come online.
Natural Gas Demand to Grow with Data Centers, Rystad Says
2025-01-15 - Utility companies are planning 17.5 GW of new gas-fired capacity in the coming years in preparation to meet increasing power demands from data centers.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.