Digital Oil And Gas

Methane Matters

Informações:

Sinopse

The oil and gas industry is sitting on a ticking environmental and financial liability. Around the world, millions of wells have been drilled to date, many more will be drilled, and all will eventually need to be plugged and abandoned. Today, the US alone has thousands of orphaned and marginal wells, many leaking methane, a greenhouse gas many times more potent than carbon dioxide. With underfunded asset retirement obligations and inconsistent plugging practices of the past, the sector faces mounting pressure to act—but struggles to finance solutions at scale. There is a potential solution: the voluntary carbon credit market. In this episode, I interview David Stewart, President of Engineering and Environment at Sendero Services, who explains how new carbon methodologies are turning methane leaks into monetizable credits. By quantifying emissions avoided through proper plugging, validating permanence with reserves analysis, and using blockchain for traceability, these credits offer a science-based, verifiable