- BP (BP +1%) says it will launch a new system of gas cloud imaging and aerial drones to detect, measure and reduce methane emissions in its projects around the world.
- The company will use the data generated from the technology to help it improve on its methane intensity target of 0.2% from its upstream operations.
- BP says the continuous measurement on new projects has been pilot tested and installed at its giant natural gas Khazzan field in Oman.
- Methane is a potent greenhouse gas and the primary component of natural gas; the Permian Basin, for example, has seen a massive increase in methane emissions from natural gas flaring and venting in recent years, driven by higher activity and a lack of gas pipelines near the oil wells.