U.S. Oil & Gas Sector Methane Emissions 8X Above Industry Target
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The U.S. Oil & Gas sector is producing 8x above the volume of methane many operators have pledged to achieve by 2030 to reach their climate goals, a fresh study by the non-profit Environmental Defense Fund has revealed, as reported by Bloomberg. The environmental advocacy group conducted ~30 flights between June and October of last year, covering oil and gas basins that account for nearly three-quarters of onshore production. The data collected showed that, on average, around 1.6% of gross gas production is released as methane into…
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