An alliance of natural gas companies representing 10% of U.S. production and 32% of midstream transmission lines surpassed its goal of capturing methane emissions.
Low-cost microsatellites may hold the answer for methane emissions management.
Revisions to the Obama-era plan include changes to the percentage of methane that must be captured at drilling locations and measures on well completions and leak detections.
Also this week, California’s plans for 100% carbon-free energy, U.S. dry natural gas production to reach an all-time high and updates on Hurricane Florence.
The Environmental Protection Agency said the changes will save the industry $75 million a year in regulatory costs between 2019 and 2025 while increasing methane emissions.
Safety, economic and public perception risks compel oil and gas players to push for a fix before the methane leak issue exacts a high price.
A proliferation of extreme weather events around the world provides ample evidence that climate change is a reality, German Chancellor Angela Merkel said on Aug. 26, but she rejected calls for more ambitious climate protection goals.