Flare Gas Emissions Reduction and Drilling Reform
The CanaryTM is an easy way for oil and gas companies to accurately measure flare and vent gas emissions to help meet corporate and/or government environmental compliance. It is simple to install and can begin measuring emissions in a matter of hours on any drilling rig whether on land or offshore. The Canary™ is equipped to send gas flow rate information to any rig instrumentation or data acquisition system. No need for complicated software programming or special hardware to buy. The output signal options on The Canary™ are industry standards. Just plug it in and away you go.
With increasing pressure to reduce greenhouse gases and global warming, now is the time to begin to measure what is being flared and vented to the environment. You cannot improve what you don’t measure. The Canary™ will assist in achieving these goals. You will now be able to accurately measure what is being flared and vented. With this information, data can be gathered and measures can be taken to reduce these emissions. In many drilling operations today, no one knows how much is being vented or flared. In the face of drilling reform, how can anyone expect to defend what they do if they have no idea what they are doing?
Although there are currently no laws requiring oil companies to measure their current flared and vented gas output from drilling rigs in the United States, the trend has been for companies to seek out technologies that help reduce their emissions. In fact, some companies are going even further and are already deploying CO2 tracking software on the enterprise level.
With improved reservoir characterization and flow data, you can make better decisions and meet regulatory and environmental requirements more economically. If and when the time comes, don’t get caught paying for what you don’t emit!
Global CO2 Emissions Facts
It is generally known in the industry that flaring and conventional well construction emit high volumes of CO2.
- Flaring 1,000 standard m3 of gas generates 2.0 metric tons of CO2.
- A 4,000 HP land rig generates as much CO2 as a power plant supplying electricity to 2,000 people.
- Total oil and gas flaring produces 187 million metric tons of CO2 annually. This is approximately 0.6% of global fossil fuel-based CO2 emission.
Since 1975, Norway has been significantly reducing their oil production gas flaring. Since 1990, when a CO2 tax was mandated, reduction has continued even more. Today, Norway has one of the lowest gas flared and vented volumes per million cubic meters (Mm3) produced in the world.
Today in Canada, flared and vented gas emissions are reported and taxed. However, the amount that is flared and vented is based on theoretical calculations that can be subjective. Some oil companies feel that they are being over taxed for what they emit and are now seeking ways to measure the flared and vented gases from drilling operations. The Canary™ can achieve this drilling reform and by implementing this technology companies may actually reduce their tax burden from flaring and venting to the environment.
With the CanaryTM, flare gas that is a valuable energy resources can be accurately measured, reduced and monetized.
For more information about The Canary™’s ability to accurately measure gas flow and flare gas emissions, contact Argus Green at 281-658-9539.