Posted June 28, 2018
When one speaker at the World Gas Conference talked about methane emissions from natural gas as the “elephant in the room” that industry isn’t talking about – I didn’t know what they were talking about! Everywhere at WGC2018, people are talking about reducing methane emissions.
That’s because natural gas and oil companies have been reducing emissions and are focused on continuing that progress in the future. No one is more focused on capturing methane – the key component in natural gas – than companies that sell natural gas.
Posted April 24, 2017
Posted March 30, 2016
Methane emissions have dropped significantly. Since 2005, emissions from field production of natural gas have dropped 38 percent, and emissions from hydraulically fractured natural gas wells have plunged 79 percent.
These facts bear repeating in light of the Obama administration’s announcement that it is pursuing yet another set of methane regulations. Not only are the additional regulations duplicative and unnecessary, given industry’s success in reducing emissions under current regulations, but the new rules could actually undermine progress.
Posted January 13, 2016
Absent from EPA’s plans was any acknowledgement that methane and carbon emissions are already down. Recognizing progress we’ve already made – and the market factors contributing to that success – is critical to avoiding costly, duplicative regulations that could undermine that progress, as well as economic growth.
Posted July 2, 2015
A few months ago API President and CEO Jack Gerard explained why America is experiencing an energy revolution:
“We got to this era of energy abundance and global energy leadership because of the entrepreneurial spirit of the private sector, the hard work of the American worker and the unique system of private property and individual rights of the American marketplace.”
Posted February 13, 2015
Posted February 10, 2015
Standout findings in a new major field study on methane emissions from natural gas collection and processing facilities across 13 states, led by Colorado State University include a couple of points:
First, of 130 facilities that collect natural gas from production wells, remove impurities and deliver it to inter- and intrastate pipeline networks, 101 had methane loss rates below 1 percent – including 85 of the 114 gathering facilities and all 16 of the processing plants studied. Put another way, methane containment at these facilities is more than 99 percent.
Second, the majority of emissions resulted from abnormalities involving broken or faulty equipment – issues that are relatively easy to address.
Posted January 20, 2015
Pittsburgh Post-Gazette: The new year has seen crude oil prices continue to stumble and U.S. oil production continue to soar, and those trends are not likely to subside — at least in the short term.
Total U.S. crude oil production reached 9.1 million barrels per day (bbl/d) during the week ending Jan. 9, an increase over last year’s total of 8.1 million, according to the U.S. Energy Information Administration.
And that figure is expected to grow. The agency forecasts total crude production will average 9.3 million barrels per day in 2015 and climb to 9.5 million in 2016, “which would be the second-highest annual average level of production in U.S. history; the highest was 9.6 million bbl/d in 1970,” the EIA said in its short-term energy outlook released last week.
Posted January 15, 2015
As we look at the Obama administration’s plan to impose new regulations on methane emissions from oil and natural gas operations, some important points.
First, when it comes to methane emissions, the White House is focusing on a relatively small piece of the big picture. Data from EPA’s Greenhouse Gas Reporting Program shows that methane emissions from natural gas and petroleum systems (161.6 million metric tons of carbon dioxide equivalent) represent just 28.5 percent of total methane emissions (567.3 million metric tons CO2 equivalent). That’s a fairly small wedge in the overall pie.
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Posted December 31, 2014
So long, 2014. From an energy standpoint, you’ll be missed. Let’s count the ways:
Surging domestic oil and natural gas production – largely thanks to safe hydraulic fracturing and horizontal drilling – is driving an American energy revolution that’s creating jobs here at home and greater security for the United States in the world.
It’s a revolution with macro-economic and geopolitical impacts, for sure. But it’s also a revolution that’s benefit virtually every American.