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The CCAC Oil and Gas Initiative will join Petroleum Technology Alliance Canada (PTAC) in co-hosting an Oil and Gas Sector Forum on September 25, 2014 in Calgary, Alberta with private and public sector partners. The Forum is part of the initiative’s global effort to reduce short-lived climate pollutants from the venting, leakage, and flaring of natural gas from upstream production operations.
Some studies suggest that up to 8 percent of total worldwide natural gas production is lost annually to venting, leakage, and flaring, resulting in substantial economic and environmental waste.
While recognizing and bolstering existing efforts to reduce methane and black carbon from oil and gas operations, the CCAC’s Oil and Gas Initiative invites oil and natural gas companies to work with the Coalition to collaboratively design mechanisms and voluntary commitments to achieve substantial global emission reductions. Such reductions would increase the volume of hydrocarbons going to productive use, improve operational efficiencies, and lead to substantial climate and health benefits.
Short-lived climate pollutants, including methane, black carbon, tropospheric ozone, and many hydrofluorocarbons, are responsible for a substantial fraction of near-term climate change, with a particularly large impact in sensitive regions of the world. Fast action to reduce these pollutants has the potential to slow down the warming expected by 2050, as well as prevent over two million premature deaths each year due to air pollution, and avoid annual crop losses of over 30 million tons.
Topics to be addressed at this outreach session include:
8% of total worldwide natural gas production is lost annually to venting, leakage, and flaring.
Flaring and venting and black carbon emissions are critical topics for the petroleum industry in Canada and internationally. The most recent ST-60B report from the Alberta Energy Regulator indicates that after 14 years of decline and stability, solution gas flared and vented has increased during the last 3 years. The momentum for reductions needs to be re-captured. Internationally, PTAC is collaborating with the Climate and Clean Air Coalition for the deployment of technologies to reduce emissions of short-lived climate pollutants (e.g. methane and black carbon) for the purpose of improving air quality and health in developing countries.
The Forum will feature a panel composed of industry decision-makers, government policy leaders and regulators, and scientists to address the current situation in western Canada, future trends, economics and technology opportunities. Technology and innovation results and their application in Canada, Columbia, Ecuador, Mexico, China and Nigeria will be presented. Case studies of technology solutions developed and deployed in western Canada will also be described, including field performance and economics.
PTAC invites you to register for this event to learn the latest industry statistics, scientific advances and emerging technology solutions and best practices, as well as to contribute to the renewed momentum by your questions and comments to panelists and speakers and your discussions with peers during networking breaks.
Our Expert Assistance is a no-cost service that connects you to an extensive network of professionals for consultation and advice on a range of short-lived climate pollution issues and policies.
Experts will provide guidance on technological options, mitigation measures (like those carried out by our initiatives), funding opportunities, application of measurement tools, and policy development.