Consortium develops system for EPA CO2 reporting requirements
Friday, June 17, 2011
A consortium of oil companies, together with oil and gas software company Merrick Systems, has been put together to build a system to meet new US EPA (Environmental Protection Agency) reporting requirements for greenhouse gas emissions.
The members of the consortium are Merrick Systems, Bill Barrett Corporation, Cabot Oil & Gas, Cimarex Energy Co., EXCO Resources, Merit Energy Company, Noble Energy, Inc. and Whiting Petroleum Corporation.
According to the EPA’s Mandatory Reporting of Greenhouse Gasses Rule (40 CFR part 98), suppliers of fossil fuels and industrial gases, along with other companies including those operating large industrial facilities that emit 25,000 metric tons CO2 equivalents, are required to report their greenhouse gas emissions.
Companies are required to submit a request for EPA approval to use their best available method to capture the data by either July 31st or September 30th, 2011, depending on the source of the greenhouse gas.
Merrick has incorporated the reporting tool into its "eVIN" field data capture tool, which enables users to report their CO2 emissions conveniently as part of their existing workflows and activities. Merricks' production software tools are used in over 20 per cent of US oil wells.
"It is this collaborative process of design, development and delivery that has allowed us to offer practical, cost-effective solutions with enabling technologies like eVIN” says Merrick.