OGMP 2.0 is the new international gold standard for methane emissions in the oil and gas industry. The Oil & gas Methane Partnership 2.0 (OGMP 2.0) is a measurement-based reporting framework that improves the accuracy and transparency of reporting when it comes to methane emissions. The OGMP uses its improved understanding of methane and its impacts on the environment to provide a framework for companies to lower the impact of their fugitive emissions reporting.
Understanding OGMP 2.0 and Its Objectives
OGMP 2.0 was developed by the United Nations Environment Programme’s flagship oil and gas reporting and mitigation program. It is currently the only comprehensive reporting framework for methane emissions in the oil and gas industry. Accurate measurement and reporting is a vital first step toward lowering methane emissions and mitigating their impacts. It is intended to:
- Broaden the understanding of methane emissions across the oil & gas industries.
- Improve the credibility of methane reporting by providing a common standard and framework.
- Inspire growth in OGMP participation from current non-members.
Key Requirements for OGMP 2.0 Compliance
When companies opt into the OGMP 2.0 framework, they are required to adhere to all the requirements outlined in the program. They must then report all material sources of methane from both operating and non-operating assets across their value chains. In addition, all member companies must establish company-wide targets to reduce methane emissions. These targets must reflect those of the broader oil & gas sector goals. These include a 45% reduction in methane emissions between 2015 and 2025, leading to 60-75% reductions by 2030.
Advantages of Adopting OGMP 2.0 Practices
OGMP 2.0 membership offers the following benefits:
- Credible tools and means to demonstrate a company’s progress toward methane reduction targets.
- Help for companies to ensure that emissions are being reduced as much as possible, in a cost-effective manner, lowering environmental impact.
- Sets up a “community of practice” where companies leverage and accelerate their knowledge and experience to transition to measurement-based reporting.
- Provides an opportunity to help with the formulation and improvement of technical guidance. This guidance may then become part of the industry standard.
- Allows ongoing improvement in the accuracy and detail of reporting by member companies.
- Improves operational efficiency and safety.
How OGMP 2.0 Will Impact The Energy Sector
If OGMP 2.0 is properly implemented and widely adopted by the world’s oil & gas companies, it has the potential to make the industry more sustainable and ethical. It will also improve the accuracy and transparency of reporting, using science-based methods and cutting-edge measuring technology.
In order to comply with OGMP 2.0, companies need effective and accurate measuring tools. Hetek’s Flow Sampler has been developed for this exact purpose. It is a portable, safe, certified, batter-powered and accurate meter designed to measure emissions with a high-flow rate sampling method, ensuring the complete capture and measurement of all gases escaping from a particular component. We also have a Remote Methane Leak Detector and an Optical Methane Detector that can help your business meet all the requirements of OGMP 2.0.
Hetek Solutions Inc. offers all the tools you need for accurate, science-based emissions measurement, in keeping with standards such as the OGMP 2.0. Contact us for more information on our products and solutions, developed by experts for precise, compliant leak detection and repair.
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