Director, External Affairs at Cabot Oil & Gas
Cabot Oil & Gas like many other natural gas companies operating throughout the US is aggressively reducing methane emissions for both economic and environmental gain.
Let’s talk about methane emissions and what the natural gas industry is doing to reduce emissions through technology. There has been a lot said in recent months regarding fugitive methane emissions and what steps the industry can take to decrease these rates.
In the podcast below, I highlight some of the technology and engineering steps taken by companies in the industry reduce methane emissions from equipment. Cabot alone has reduced its methane emissions by 85% during the same timeframe where our natural gas production increased 250%.
Editor’s Note: Original version of this post appeared on Well Said Cabot. Also, note we have spent a good deal of time at this site talking about the green completions and other technologies that are allowing these reductions in methane emissions. We even have a page dedicated to the subject – “Flaring vs. Green Completions.” Check it out. Also, read more about the subject of methane emissions and their regulation here. The EPA has proposed some totally over the top standards that are unnecessary and totally ignore both the huge progress made by the industry and the reality of already existing economic incentives, which are huge. While not every company has been as proactive as Cabot Oil & Gas in reducing methane emissions, the industry has done an incredible job without the heavy hand of government involved. The American Natural Gas Alliance, in fact, says this:
“Since 2005, natural gas producers have cut methane emissions 38 percent, while increasing production 35 percent. This impressive record has been accomplished through existing regulations and industry innovation. With further improvements certain to continue, we believe new and additional regulations are both unnecessary and counterproductive. This rule is simply not the best way to achieve our shared goal of methane emissions reductions.”