The Next Frontier

 

Managing Methane Risks from Non-Operated Assets

We worked with the Environmental Defense Fund to build out their data visualizations and report on The Next Frontier: Managing Methane Risks from Non-Operated Assets, which maps the global risks and opportunities to advance methane reduction efforts industrywide.

What we did.

Digital Layout

Data Visulizations

Visual Brand Strategy

Illustration

S

Why it's important

Methane — the primary component of natural gas and a climate pollutant 84 times more powerful than carbon dioxide over a 20-year period — is responsible for a quarter of global warming happening today.

Methane leaks occur throughout the entire supply chain, with evidence of higher emissions in upstream production. Companies that are acting on methane emissions generally only do so at assets they operate. However, this new analysis reveals that assets operated by other companies account for nearly 50% of oil and gas production for many companies. These non-operated assets (NOAs) can undermine a company’s commitments to reduce emissions. But mitigating this risk, which has gone largely unrecognized until now, represents a major opportunity to advance methane reduction efforts industrywide.

The Report

This report examines the NOAs of eight publicly traded companies participating in the Oil & Gas Climate Initiative (OGCI) – BP, Chevron, Eni, ExxonMobil, Occidental, Repsol, Shell and Total.

 

These companies have established themselves as leaders on methane, but the risk of non-operated assets applies across the sector.

The Color

Palette

Sky Blue

Sunny Yellow

Forest Green

Fire Orange

Deep Pink

Gray

Royal Blue

Pearl Gray

Forging the New Frontier for Methane Management

Results achieved on methane mitigation by the companies analyzed in this paper are a story of continuous progress. In the last five years, there has been a step change improvement in the ambition of public commitments and disclosure. Now, these companies have an important step change to make to advance the coverage of methane reduction efforts.

"As stakeholders scrutinize carbon footprints, advances in aerial and satellite monitoring will provide unprecedented visibility into higher emitting projects and geographies. At a time when it is becoming easier to ‘see’ emissions, a comprehensive approach to methane reduction is not only the right thing to do for the environment, but is also essential to earn and keep public trust, which is critical to industry’s license to operate."

-Environmental Defense Fund