Veolia Environnement Sa · EURONEXT:VIE
Veolia Environnement Sa — Conference: Mitigating methane emissions: From science to innovative solutions (November 2015)
21 slides from Veolia Environnement Sa's conference presentation, Nov 9, 2015
Slide 1: Oil and Gas Methane Emissions: Impacts, Sources, and Solutions
Oil and Gas Methane Emissions: Impacts, Sources, and Solutions Roland Kupers Mitigating methane emissions: From science to innovative solutions November 9, 2015
Slide 2: Visualizing Unseen Methane
Visualizing Unseen Methane
Slide 3: Slide 3
Slide 4: Climate Implications of Methane
Climate Implications of Methane KG FOR KG METHANE TRAPS 84X MORE HEAT OVER 20 YEARS CO2 CH4 About 25 percent of the man-made warming we are experiencing today is caused by methane.
Slide 5: Reduce Methane and CO2
Reduce Methane and CO2 CO2 and Short-lived Forcers
Slide 6: Impact of Emissions
IMPACT OF EMISSIONS Oil and Gas methane equivalent to 40% of total CO2 from global coal combustion Global CO2 Combustion from Coal • Approximately 3.5 TCF of gas leaked in 2012. • Equivalent to Norway's gas production (ranked 7th). • Translates into $30 Billion of lost revenue, literally vanishing i
Slide 7: Are national emissions really that different?
Are national emissions really that different?
Slide 8: United States Methane Leakage Rates from the Natural Gas System
United States Methane Leakage Rates from the Natural Gas System EPA Inventory: 0.2 % leakage 0.4 % 0.2% 0.7% Not included * * * * * TLL Drilling and (3) Production t ) Processing 8) Transportation and @ End use fracturing distribution T @ EPA estimates current leak rate is 1.3% Evidence from other S
Slide 9: Even 1.3% Leakage is Too High…
Even 1.3% Leakage is Too High… OR Equal to GHG emissions 141 Coal-fired Power Plants of 117 million cars (50% of US Cars) (35% of US Coal Plants) Equal to gas carried by $1.7 to 6.2 billion LNG 127 tankers in lost revenue Using 20 year GWP of 86
Slide 10: EDF Catalyzing More Science
EDF CATALYZING MORE SCIENCE 1. NOAA Denver- 2. NOAA Barnett 3. Coordinated Julesberg Campaign (13 papers) 4. UT Phase 1 7. CSU Study 8. CSU Study 9. Methane 13. WVU Study • Methods Paper • Measurement Mapping 5. UT Phase 2 • Measurement Paper • Pneumatics Paper • Modeling Paper 10. Boston • Liquid U
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Slide 12: Published Studies Thus Far…
24 Published Studies Thus Far… 1.December 2013: UT Production study: http://www.pnas.org/lookup/doi/10.1073/pnas.1304880110 2.May 2014: NOAA DJ Basin Flyover: http://onlinelibrary.wiley.com/doi/10.1002/2013JD021272/pdf 3.November 2014: HARC/EPA Fence-line study: http://pubs.acs.org/doi/abs/10.1021/e
Slide 13: Lessons Learned from the Studies
Lessons Learned from the Studies 1. Oil and gas methane emissions are higher than conventional estimates suggest; 2. Heavy-tailed distributions; 3. Reducing emissions is straightforward and cost-effective; and 4. Regulations work to narrow the range . of performance amongst companies.
Slide 14: 1. Emissions Higher than Estimates
1. Emissions Higher than Estimates Harvard and Stanford Studies, 50% Higher than EPA EPA Greenhouse Gas Inventory Facilities Reporting to EPA
Slide 15: 1. Emissions Higher than Estimates
1. Emissions Higher than Estimates • Comprehensive Barnett study • Higher emissions • Underestimate equipment count
Slide 16: 2. Reducing Emissions is Straightforward…
2. Reducing Emissions is Straightforward… • Heavy tailed distribution • Barnett: 15% emit 75% • Explains underestimate A small number of “super-emitters”
Slide 17: 2. Reducing Emissions is Straightforward…
2. Reducing Emissions is Straightforward… Largest U.S. oil and gas emission sources by measured sector
Slide 18: …Reducing Emissions Cost-Effective
…Reducing Emissions Cost-Effective
Slide 19: US Regulation works
US Regulation works • Clear successes in US • Substantial reductions • Fit for purpose
Slide 20: CCAC Oil & Gas Methane Partnership
CCAC Oil & Gas Methane Partnership October 2014
Slide 21: An accessible solution
An accessible solution • An underestimated problem • Known solutions • Cost effective • Well-capitalised actors