Sunday, November 24, 2024

ExxonMobil Receives Top Certification for Methane Emissions Management for Natural Gas from Permian Basin

ExxonMobil said that approximately 200 million cubic feet per day of natural gas produced from its Permian Basin facilities at Poker Lake, New Mexico have been independently certified and received the top grade for methane emissions management. The certification from MiQ helps the company meet customer demand for energy produced with fewer emissions. ExxonMobil is the first company to achieve certification for natural gas production associated with oil.

Also Read: S&P Global Commodity Insights Launches Low-Carbon Ammonia Price Assessments

“This certification further validates the steps we have taken to reduce methane emissions, which is part of our plans to achieve net zero Scope 1 & 2 greenhouse emissions in our Permian Basin unconventional operations by 2030,” said Tom Schuessler, senior vice president of unconventional at ExxonMobil. “Certification gives our customers confidence that we are responsibly producing natural gas with best-in-class emission management programs to help them meet their emissions goals.”

MiQ awarded the “A” grade certification because of ExxonMobil’s extensive multi-tiered technology approach to methane monitoring and mitigation at its Poker Lake facilities in New Mexico. These efforts include a combination of fixed monitoring systems, aerial imaging technology, optical gas imaging cameras, proprietary acoustic sensors, and robust leak detection and repair practices. Responsible Energy Solutions performed ExxonMobil’s assessment using the MiQ Standard.

“It’s widely accepted that it’s now the time to take steps to limit the effects of climate change and reducing methane emissions is one of the most significant actions we can take,” said Georges Tijbosch, CEO of MiQ. “MiQ is pioneering Independently Certified Gas to help accelerate methane reductions from the natural gas industry and, as one of the world’s largest energy companies, ExxonMobil’s expansion of the certification program demonstrates that Independently Certified Gas is rapidly becoming the status quo.”

ExxonMobil is expanding the certification process to other operating areas, including Appalachia natural gas operations in Pennsylvania and West Virginia. It is now selling commercial volumes to customers, including Xcel Energy, which plans to use the natural gas to power homes, schools and businesses in southeastern New Mexico with fewer lifecycle emissions than non-certified natural gas.

“Xcel Energy is committed to delivering net-zero energy by 2050 across all the ways our customers use energy, and that includes powering our generating fleet with natural gas purchased only from suppliers with certified low-methane emissions by 2030,” said David Hudson, president of Xcel Energy in New Mexico and Texas. “Fueling our New Mexico power plants with ExxonMobil’s certified natural gas is an important step in that direction and enables us to achieve the cleaner energy future we’re all envisioning.”

Subscribe Now

    Hot Topics