Pioneer, Devon, ConocoPhillips Join Oil and Gas Methane Partnership 2.0 Initiative

Pioneer Natural Resources, Devon Energy Corp. and ConocoPhillips joined the Oil and Gas Methane Partnership (OGMP) 2.0 Initiative to improve methane emissions reporting transparency and overall emissions reduction within the industry, a press release announced on July 14.

The U.N. Environment Program, European Commission, Environmental Defense Fund and 80+ oil and gas companies comprise the OGMP 2.0 Initiative. The public-private partnership intends to minimize methane emissions, as well as raise awareness of methane emissions.

Since the partnership's inception, its work has contributed to increasing priority of mitigation activities.