Why gas flaring should be in the spotlight at COP26

Why gas flaring should be in the spotlight at COP26

Executive summary Gas flaring creates more emissions than the airline industry, yet much of it can be solved technically and commercially.  So-called “flare capture” projects are, therefore, “low-hanging fruit” that reduce emissions, create value and accelerate the energy transition. At COP21 in Paris in 2015, eleven countries made gas flaring a stated commitment to their […]

Flaring at FPSOs: Out of sight, but not out of mind

Flaring at FPSOs: Out of sight, but not out of mind

FPSOs are a significant source of gas flaring – some 4% of the global total, or 550 mmscf/d – almost $1 billion of potential revenue per year. Our global dataset highlights that 16 “super-flaring” FPSOs account for 50% of this volume (and 8% of FPSOs are responsible for 80% of the flaring).   Whilst these FPSOs […]

How to Fix Flaring for a Quick Emissions Win

How to Fix Flaring for a Quick Emissions Win

The Biden administration is moving quickly to decarbonise the US economy and re-enter the global frame on climate change. This is excellent news. A quick win to reduce emissions is to tackle gas flaring, especially in the onshore regions of the Permian, Eagleford and Bakken. In this paper, authored by the Rocky Mountain Institute and […]

Capterio’s analysis and insight feature in IEA’s flaring commentary

Capterio’s analysis and insight feature in IEA’s flaring commentary

The IEA has just published a commentary titled “putting gas flaring in the spotlight” which highlights the scale of the oil and gas industry’s flaring challenge, but also talks to examples of flare solutions and best practices. Delivering material flare reductions are key to delivering the IEA’s sustainable development scenario. The authors are the IEA’s […]

Twelve Things The EU Should Do About Gas Flaring

Twelve Things The EU Should Do About Gas Flaring

The EU released its methane strategy last month.  This is a good act of strategic leadership with some clear recommendations for the oil and gas industry.  But the closely-related topic of gas flaring needs an equally clear approach.  We also need an “EU Gas Flaring Strategy”. The EU imports more than 80% of its gas.  […]

Flare capture offers easy wins – Petroleum Economist article

Flare capture offers easy wins – Petroleum Economist article

Today, the Petroleum Economist published an opinion piece co-authored by Professor Morgan Bazilian (Director, Payne Institute). The article (click to download) discusses how reducing gas flaring can both accelerate progress to net-zero and offer a swift boost to industry credibility. Increasing commitments to a ‘net-zero’ society—be it by 2050, 2060 or a sooner or later […]

How to fix flaring: Insights from Capterio’s global Flaring Perception Survey

How to fix flaring: Insights from Capterio’s global Flaring Perception Survey

Despite high levels of ambition, flaring is at a record high.  We undertook a “flare perception survey” to explore why … and to identify how we can accelerate and scale action. Perceptions are key in today’s increasingly climate-conscious world. Our research confirmed that there are many benefits to reducing flaring (e.g. lower GHG emissions and […]

Tackling flaring: Lessons from the North Sea

Tackling flaring: Lessons from the North Sea

This article was originally published by the Energy Voice, a source of leading news, insights and opinion for the energy industry. On both an absolute and relative basis, Norway has minimal flaring. The country’s “flaring intensity” – that is, flaring per barrel of oil produced – is industry-leading, at 9 scf per barrel. The North […]

Why flare capture projects make sound ESG investments

Why flare capture projects make sound ESG investments

Executive summary The ESG focus is right. Whilst many large investors are reducing their exposure to the fossil fuel industry, they also need to be mindful of the material decarbonisation opportunities that need investment within the oil and gas industry; Flare gas capture projects are some of the most effective and attractive decarbonisation investments available […]