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Accelerating Path to Net Zero: Forecasting Carbon Emissions in an Unconventional Field in North America
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, The Fourth EAGE Global Energy Transition Conference and Exhibition, Nov 2023, Volume 2023, p.1 - 5
Abstract
Summary
The need to implement integrated programs to reduce the impact of Green House Gas (GHG) emissions in companies that participate in the Oil and Gas production cycle has made it imperative to provision for the tools that will facilitate the accounting and reporting of such emissions and, more important, forecasting the impact of future operational plans associated with these assets. Being able to understand how emissions will be impacted in the future is a key element of the path to Net Zero for any company as it allows to proactively manage emissions generating pieces.
This paper presents a multi-parameter methodology and its associated platform applied to estimate emissions associated with the production of an unconventional field in North America. The platform applied allows for an integrated management of the variables associated with the development of the field and its operational activities generating an emissions model which can then be used to forecast various scenarios. The work includes both direct and indirect emissions (scopes 1, 2 and 3) and the incremental generated by the field operational activities.
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