On behalf of Ceres and Clean Air Task Force, M.J. Bradley & Associates, an ERM Group company, released an analysis that compares the total reported methane, carbon dioxide, and nitrous oxide emissions—as well as relative emissions intensity—of nearly 300 U.S. oil and natural gas producers. The report highlights wide variation in the emissions intensity (the amount of methane or greenhouse gas emissions per unit of production) between producers, even those with operations of a similar size, and provides comparisons both within the same basin and nationwide. These differences reflect the nature of different hydrocarbon basins, as well as companies’ equipment and operational practices.
The findings of this new analysis will help inform investors aiming to differentiate between companies, provide valuable insights to natural gas purchasers, and will also inform regulators, lawmakers and even oil and gas company executives themselves as the EPA prepares to revise federal methane regulations this fall. The analysis uses data that companes have submitted to EPA in compliance with the Greenhouse Gas Reporting Program.
The analysis includes a report with key findings and production and emissions data for the largest U.S. oil and gas companies and production basins. Additionally, MJB&A developed an online, interactive dashboard that allows users to explore the full dataset.
The report is available here.
The interactive dataset is available here.