AUSTIN – The Environmental Partnership last week released its 2023 Annual Report showing accelerated progress in emissions reductions by the oil and natural gas industry. Progress was achieved through involvement in the Partnership’s eight environmental performance programs that span the entirety of the energy supply chain.
According to the report, as the Partnership’s membership has expanded, so have its actions to cover more emissions sources across the energy supply chain. As such, in 2022, Partnership members took significant action that resulted in increasing the number of monitoring surveys to quickly and proactively find and fix methane emission events by 43% from the previous year, a 14% reduction in total flared volumes reported and a 2.4% reduction in flare intensity from the previous year. The Partnership’s efforts also advanced industry knowledge on the capabilities of aerial detection technology, as well as understanding of methane emissions profiles and primary sources of methane emissions.
“The U.S oil and natural gas industry is a technology industry, always advancing the latest in innovations and collaborations to produce and deliver the energy that powers modern life in a cleaner, stronger and better way,” said Todd Staples, President of the Texas Oil & Gas Association. “The Partnership’s growing environmental performance programs are driving significant strides in emissions reductions and improved environmental performance through opportunities to take action, learn and collaborate.”
The Environmental Partnership is comprised of 102 companies in the U.S. oil and natural gas industry representing nearly 70 percent of U.S. onshore oil and natural gas production and includes companies of all sizes, including many of the country’s major oil and natural gas producers. Partnership members are committed to continuously improving the industry’s environmental performance.
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Founded in 1919, TXOGA is the oldest and largest oil and gas trade association in Texas representing every facet of the industry.