Illustrative MethaneScan® Super Emitter Alert
Satellite detects large toxic methane leak at Acme Petroleum wellhead in Texas
January 14, 2019
Scientists at the University of Minnesota have attributed a major methane leak in Orla TX to an Acme Petroleum (ACME) wellhead with 95% confidence. The invisible methane release is equivalent to monthly emissions from a coal-fired power plant, earning ACME a super emitter classification. Super emitters are likely to have above average exposure to legal liability, regulatory/compliance and reputation risk, as well as accidents.
The U.S. oil and gas industry emits 13 million metric tons of methane from its operations each year – enough to offset much of the climate benefits of burning natural gas instead of coal.
Reducing methane emissions from oil and gas super emitters is the fastest, most cost-effective way to slow the rate of global warming today, as the larger transition to lower-carbon energy proceeds. ACME did not respond to a request for comment on this story.
Simulated Data – Hypothetical Attribution, Emissions and Score | Revised 15 October 2018 | © 2018 Geofinancial Analytics, Inc.