Walking the Talk on Methane Emissions?

....is Obfuscation a key skill for some Majors and E&Ps? 0

Friday, July 23, 2021, Webinar, Online

This webinar looks at how oil and gas companies are measuring methane emissions from their own operations, which is a large part of their overall Greenhous gas emissions.

This is a greenhouse gas emission category which many people think is the most easy to fix, because it saves money, or at least can be done at no net cost.

That was a conclusion to a March Economist article. It said methane, sometimes called carbon dioxide on steroids, is responsible for 23% of the rise in temperatures since pre-industrial times.

It quoted the International Energy Agency estimating that 40% of methane emissions from fossil fuels, equivalent to 9% of all human methane emissions, can be eliminated at no net cost for firms.

So if you think we've been too hot this week, that means we can cut 2 per cent of that (0.09 x 0.23) for no net cost.

Not every oil and gas company has a plan to measure these directly - and many companies are still using engineering estimates.

There's two groups of sensing technologies,

"Bottom up" - which is sensors on the ground or with drones,

And "top down," which is satellites,

They both drive each other, in that the satellite images can show where you want to do ground / drone based sensing,

And the ground / drone based sensing can help calibrate the data from satellites.

But to put it all together, you need to build models, which gets quite similar to building subsurface models,

So we’ll hear more about it in David’s talk.

Agenda

13:00

David Bamford - Director - Future Energy Partners Ltd

Watch video of methane emissions webinar

Talk Description.
Over the last 3 months have reviewed the 2020 Annual Reports (and where they exist, Sustainability Reports) of:

BP, ENI, Equinor, Repsol, Shell and Total
and
Diversified Gas & Oil, Energean, Jadestone Energy, Savannah Energy, SEPLAT Petroleum, Serica Energy and Wentworth Resources

to see what they say about GHG Emissions, Executive Remuneration

Overall, I would say of the companies in this list - with the exception of 3 of them - there is a gap - for some it is a gulf - between stated Purpose and short-term Actions.
David Bamford is well known around the oil & gas industry both as an explorer and a geophysicist. He holds a Physics degree from the University of Bristol and a Ph.D in Geological Sciences from the University of Birmingham.

Since 2004, he has been a non-executive director at Tullow Oil plc, being recruited for this position especially for his exploration knowledge. He serves on the Nominations and Remuneration Committees, and was chairman of the latter, and Senior Independent Director, for 3 years prior to his retire from the board at the end of April 2014.

He joined the board of Premier Oil in May 2014.

He retired from BP plc in 2003, his last four positions being Chief Geophysicist (1990-1995), Business Unit Leader (General Manager) for first West Africa and then Norway (1995-1999), and finally Head of Exploration until 2003.

He has served on the boards of Paras Ltd, a small exploration and IS/IT consulting company in which he held 22% equity, until its sale to RPS Energy in 2008 and Welltec a/s, a Danish well engineering company, as the nominee of the private equity investor Riverside.
From 2012 to 201 he was on the board of ASX-quoted Australia Oriental Energy as a non-executive director.

He was a founder of Richmond Energy Partners, a small oil & gas research house, and several media companies that focus on the oil & gas sector, and has served as an advisor to Alliance Bernstein, Opus Executive, the Parkmead Group plc, and Kimmeridge Energy LLP. Since retiring from BP, he has undertaken asset and company valuation projects for investment banks, hedge funds and small oil companies.

Future Energy Partners Ltd
Future Energy Partners (FEP) is a unique oil and gas advisory service which prides itself on technical excellence in selected fields and supplementing business management and leadership; in the face of uncertainty.

We offer truthful, professional opinion and advice; no playback of what you already know, and no spin.

FEP was founded by 4 senior industry practitioners who consider the challenges faced by today's oil and gas environment are going to require herculean acts of leadership and technical skill in a transforming, transitioning, industry, in order to maintain an energy supply that is sustainable and even recognisable compared to recent history.

Similarly nations developing an oil and gas industry face related challenges as they seek to maximise the benefits of this new wealth-creating opportunity - in a responsible manner.

Global reach

FEP actively participates in the facilitation and conduct of seminars and webinars worldwide, for example in conjunction with its associate partner Finding Petroleum.

Our presence reaches parts of the globe, such as: the UK, the USA, Sub-Saharan Africa, with partners wherever we work.
13:30 Q&A followed by Close no later than 14:00

Sponsors of this event

Carbon Capture Journal
Carbon Capture Journal is specifically about developments with industrial scale carbon capture and geological storage technology, with news about the major projects and development with government policy. Informing you about developments in carbon capture, storage, and related government policy, in a way which is clear, useful and won't waste your time

Registered Delegates

James Lorsong
Exploration & Production Director
2Co Energy Limited
United Kingdom
Adya Deshmukh
Process Engineer
Fluor Ltd
United Kingdom
Paulo Prunzel

Petrobras
Brazil
Kevin Boyd
Director
2Value Solutions
United Kingdom
Greg Coleman
CEO
Future Energy Partners
United Kingdom
Carlo Buscaglia
Subsurface Team Lead
Petrofac
United Kingdom
Tony Grindrod
Trustee
AAPG Europe
United States
Barbara Holzweber

Gaffney Cline & Associates
Christine Roche
Manager
PGS
United Kingdom
Sanjay Jagtap
Consultant
Abhirutu Consultants
India
Beski Rajan
Senior Consultant
GCAS Quality Certifications
United Arab Emirates (UAE)
Davide Bonalumi
Professor
Politecnico di Milano
Matthew Jacobs
Senior Geologist
Aeon Geoscience Systems
United Kingdom
Geoff Marsden
Processing Geophysicist
GM Geophysical
United Kingdom
Keryn Simpson

private
South Africa
Tim Papworth
General Manager Armenia
AGAPE Armenia
United Kingdom
Wally Jakubowicz
Managing Director
Hampton Data Services
United Kingdom
Nigel Quinton
Consultant
QX Energy Limited
United Kingdom
Rani Jha
Professor
Arunachal University of Studies
India
Lawrence Jackson
Senior Account Executive
IHS
United Kingdom
Geoffrey Salter
Partner
RISC (UK) Limited
United Kingdom
Betina Versiani
Engenheira
Bemav
Brazil
Mark Diaz
Director
IHS Markit
United Kingdom
Reed Robinson
Project Manager
Robinson
United States
Chris Walker
Chief Geophysicist
BGP Offshore
United Kingdom
DANLU TONG
PhD Student
Imperial College London
United Kingdom
Philip Hodgson
Geophysics Software Development
Schlumberger
Norway
Jenna Marttila
Director
Carbon Alpha
Canada
Nick Steel
Consultant
Independent
United Kingdom
Aaron Lockwood
Software Sales Manager - EAME
Shearwater Geoservices
United Kingdom
Sandeep Sharma
Director
Carbon Projects
ANDRES MESA

Independent consultant
United Kingdom
Rob Littel
GM CO2 Abatement Technology
Shell
Netherlands
Chloe Nemo

CCC
United Kingdom
Jayaram P Meethil
General Manager
JR Consultants
United Arab Emirates (UAE)
Sigve Hamilton Aspelund
Independent consultant
Sigve Hamilton Aspelund
Norway
Nick Shears

CGG
Aniruddh Sahasrabuddhe
Dy General Manager
L&T Infotech
India
Aidan Joy
Consultant
Suilven Oil & Gas Ltd
United Kingdom
Dennis Coll
Director Consulting Services
CGI
Catriona Penman
Geologist (Software)
Lloyds Register
United Kingdom
Marcel Suhner
Global Product and Application Manager
Sulzer Chemtech Ltd.
Switzerland
Remco Brinkman

CGI
Netherlands
Mark Jones
Global Sales Director - Oil and Gas
Logstor
United Kingdom
D G

TCS
Michele Turitto
Management Consultant
Chaucer
United Kingdom
M.O. Bilawa

McDermott
Girish Kumar Kizhakhe Nottiath
Business Development
TCS
Netherlands
Nadine Grandjean

CIMO Compagnie industrielle de Monthey SA
Switzerland
Robin Sutherland
Consultant
Monitor Exploration Limited
South Africa
Alex Birch-Hawkins
Junior Geophysicist
TGS
United Kingdom
roderick archer
Geologist
consultant
United Kingdom
Adrian Gregory
Principal Consultant
MORE Consultancy Ltd
United Kingdom
Jessica Geist
Project Engineer
The Heritage Research Group
United States
Rick Donoghue
Director
Crescus Ltd.
United Kingdom
Lilian Okpala

NSChE Foundation
Nigeria
MATHIEU LUCQUIAUD
Reader
University of Edinburgh
United Kingdom
Soujanya Yarasi
scientist
CSIR-IICT
India
David Cox
Founder
Optykal
Canada
Giles Watts
Consultant
Watts Geoscience Consulting
United Kingdom
Glen Burridge
Executive Director
European Federation of Geologists
United Kingdom
Liam Holt
Geophysicist
Perenco
United Kingdom
Janice Weston
Consultant
Weston Stratigraphic Ltd
United Kingdom