Advancing Methane Mitigation: Insights from the 2024 Methane Mitigation Summit
Last month, we had the privilege of exhibiting at the Methane Mitigation Summit in Austin, Texas—a pivotal gathering that showcased groundbreaking advancements in methane reduction technologies. Throughout the week, experts from around the world convened to explore ideas for enhancing methane management practices within the oil and gas sector.
During the summit, we engaged in numerous sessions and discussions, connecting with diverse professionals who share our commitment to reducing methane emissions for a cleaner, greener planet. While the exhibition hall buzzed with innovation, featuring a variety of methane sensors and detection methods, it became evident that actual solutions for methane mitigation were scarce.
CMAS: Ready to Lead the Charge in Methane Mitigation Solutions for the Oil and Gas Industry
Our product, the Catalytic Methane Abatement System (CMAS), stands out as a premier solution capable of effectively mitigating methane emissions from Surface/Production Casing Vents (CVs), Pneumatic Tools, and Solution Gas from Producing Oil Wells. The CMAS is timely positioned as an innovative solution for these new stringent methane reduction mandates, ensuring companies can avoid hefty penalties.
The CMAS is engineered to oxidize methane efficiently at low flow rates and minimal pressures, each unit can handle up to 51 m³/d (1,800 CF/d) of methane at inlet pressures as low as 1.7 kPa (7” wc). The CMAS is also NEMA 7 Explosion Proof Class I Div I for mounting right at the well head. This scalable system allows for seamless integration of multiple units to accommodate higher flow rates, offering a robust solution that ensures regulatory compliance without compromising operational efficiency.
Federal Funding Boosts Efforts to Reduce Methane Emissions in Oil and Gas Sector
On June 21st, the U.S. Department of Energy and the EPA announced significant federal funding initiatives aimed at enhancing methane pollution re)duction in the oil and gas sector. These programs are set to allocate $850 million towards projects that monitor, measure, quantify, and ultimately reduce methane emissions.
Designed to support environmental sustainability, these programs have the potential to cover up to 80% of the costs associated with implementing advanced technologies, such as our own. This initiative underscores President Biden’s comprehensive Investing in America agenda, highlighting a focused strategy to combat climate change by targeting methane emissions.
CMAS Field Test Results: Success in Saskatchewan!
In March 2023, a comprehensive analysis of SCVF data revealed significant methane emissions amounting to approximately 244,000 m³/d from wells in Alberta. This equates to an alarming annual emission of 7 billion cubic feet of methane, possessing a global warming potential equivalent to 25 times that volume in CO₂ emissions. The effectiveness of our Catalytic Methane Abatement System (CMAS) was validated through rigorous field tests conducted by the Saskatchewan Research Council, demonstrating impressive destruction efficiencies ranging from 92% to 99%. (depending on the richness of the fuel and its heat content. The higher HHV’s lead to higher destruction efficiency.)