Cutting methane emissions a top priority
Source: https://www.oaoa.com/local-news/cutting-methane-emissions-a-top-priority/
Author: Bob Campbell
“That matters more than ever today as global unrest is creating energy challenges everywhere. We have what it takes to power the homes, businesses and industries of Americans and our allies. Leaders at home and abroad should take note of the progress Texas producers have made in cutting methane and flaring intensity as they develop policies impacting our industry.” Apache spokeswoman Alexandra Franceschi said her company “has a long-standing commitment to reduce our emissions.“We set challenging goals and are focused on near-term actions so we can drive immediate and impactful results,” Franceschi said from Houston. “In 2021 we eliminated routine flaring in our onshore U.S. operations and in ’22 we set a long-term incentive compensation goal to eliminate at least one million tons of annualized emissions by year-end 2024. A spokesman for Marathon Petroleum, which works in the midstream and downstream sections of the industry, said MPLX, his company’s midstream partner, “expanded its methane emissions intensity reduction target to 75 percent below 2016 levels by 2030. “Our targets are to achieve zero routine flaring by 2025, five years sooner than the World Bank’s goal of 2030, and to meet an additional 10-percent methane emissions intensity reduction target by 2025 from a 2019 baseline, adding to the 65-percent reduction that we have achieved since 2015,” Nuss said.