
Laptop displaying the UNEP logo. (Source: Shutterstock)
EOG Resources Inc. joined the Oil and Gas Methane Partnership 2.0 (OGMP 2.0), the United Nations Environment Programme (UNEP) and Climate and Clean Air Coalition’s oil and gas reporting and mitigation program, EOG announced Jan. 4 in a press release.
OGMP 2.0 is a comprehensive, measurement-based reporting framework with the goal of improving the accuracy and transparency of methane emissions reporting for the oil and gas industry.
"After the tremendous progress we have made reducing our methane emissions percentage by 85% since 2017, we continue to pilot recent advancements to methane detection technology that show promise to further improve our methane management efforts,” said Lloyd W. "Billy" Helms, Jr., EOG president and COO. “We are excited to join OGMP 2.0 to demonstrate our support for accurate and transparent data collection and reporting and encourage industry-wide innovation and progress to reduce methane emissions."
EOG introduced iSense into its operations in 2021 to continuously monitor methane leaks in its facilities. It is currently being deployed to areas of high production and potential impact, specifically in the Delaware Basin, before rolling out to other areas in 2023.
"We are delighted that EOG Resources is joining OGMP 2.0," said Giulia Ferrini, OGMP 2.0 project manager, UNEP. "Oil and gas companies must be part of the methane solution if we are to keep global warming to 1.5 C."
EOG, a Houston-based crude oil and natural gas E&P, is joining over 80 companies in OGMP 2.0 that represent over 30% of the world’s oil and gas production.
Recommended Reading
Rig Providers Focus on Advancements to Keep Up with E&P’s Needs
2023-03-27 - With the offshore drilling market on a positive upswing, rig companies are trying to meet demand while adding the latest bells and whistles to their fleets.
E&P Highlights: March 20, 2023
2023-03-20 - Here’s a roundup of the latest E&P headlines, including a Black Sea discovery and new contract awards in the upstream oil and gas industry.
Shell’s Vito Project: The Uphill Climb to Deepwater
2023-05-15 - Shell’s path to production for the Vito project faced a few setbacks, but is now halfway to peak production.
Permian Paradox: Patterson CEO Says Fewer Rigs Demand More Workers
2023-04-19 - Patterson-UTI CEO Andy Hendricks said the Lower 48’s hottest play has tapped out the local workforce, requiring the drilling company to bring employees into the Permian Basin.
Nabors Sees Digital Twin Tech Improving Safety on Rigs
2023-03-16 - Virtual modeling of real-world rig floors can help robots relieve humans of the most dangerous jobs.