UN Report Examines Sustainable Development Goals for Oil & Gas 0

A comprehensive plan of action for social inclusion, environmental sustainability and economic development released by a trio of organizations outlines ways that the oil and gas industry can promote sustainable development.

The report, Mapping the oil and gas industry to the Sustainable Development Goals: An Atlas, explains how the industry can contribute to the achieving 17 Sustainable Development Goals (SDGs) adopted by the United Nations Development Programme (UNDP) in January of 2016. The SDGs address a number of areas, including climate change, economic inequality, innovation, sustainable consumption and justice.

“The overarching aim for businesses in the context of sustainable development should be to do business responsibly—to contribute to society, minimize risks and to do no harm,” according to the report’s executive summary.

The report was jointly released by UNDP, the International Finance Corporation and IPIECA, a global industry association for social and environmental issues in the oil and gas industry. It found that oil and gas companies can help achieve the SDGs by exemplifying good practices and collaborating on sustainable development, among other things.

“Achieving the goals will require partnership and collaboration between and among all sectors and industries. By mapping the linkages between the oil and gas industry and the SDGs, we hope to encourage our clients and partners to further embed the goals into their business and operations and seek out new, innovative ways to contribute to global development,” Bernard Sheahan, the global director of Infrastructure and Natural Resources at IFC, said in a press release.

The report was released last summer at the Sustainable Development Goals Business Forum organized in conjunction with the UN High-Level Political Forum.

The three organizations spend a year preparing the report, and the final product includes consultation and input from the oil and gas industry as well as from civil society, academia and international organizations.

For more information, download the report here.

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Case Study: Large E&P Operator in Permian Basin Uses ZerO2 to Reduce Emissions, Capture Full Value of Production Stream 0

Situation

A multinational exploration and production company with significant operations in the Permian Basin needed a solution to continue developing its oil and gas assets in compliance with stringent emissions standards and without increasing lease operating costs or reducing economic returns. The operator’s area of operation covers over 100,000 net acres reaching from the city of Midland in west Texas to the border of New Mexico. The company recently told the market it plans to invest heavily in the Permian Basin by 2020 to grow production significantly. To achieve its growth plan, the operator required a solution to proactively handle emissions of Volatile Organic Compounds (VOCs) from tank vapor gas and Nitrogen Oxides (NOx) produced when VOCs are burned using flares or combustors. Importantly, the solution needed to have a minimal impact on operating costs and not require significant capital investment.

Solution

The operator turned to EcoVapor for a solution to handle its emissions of VOCs and reduce or eliminate NOx while avoiding any adverse impact to operations, cash flow or financial returns. EcoVapor applied its ZerO2 oxygen removal technology in a staged rollout covering an initial five production pads. Born from EcoVapor’s proprietary vapor recovery technology, its patented ZerO2 systems offer operational flexibility, modularity, and reliability. ZerO2 units can be all-electric, using existing lease power or gensets, are skid mounted and have a small 4’x4’ footprint so they can be installed on any production pad. With no moving parts, ZerO2 units are extremely reliable.

The ZerO2 rollout proceeded as follows:

  • September 2017. Three ZerO2 units installed and run in parallel on the first production pad, handling over 1.0 MMcf per day of flash gas.

  • October 2017. Three more ZerO2 units installed on second production pad handling 800 Mcf per day of flash gas.

  • December 2017. Three additional ZerO2 units installed on third production pad handling an initial 750 Mcf per day. Additional development drilling and turning more wells to production increased production and in April 2018, two more ZerO2 units were installed to process flash gas volumes of up to 1.5 MMcf per day.

  • July 2018. Six ZerO2 units were installed on a fourth production pad with the capacity to process an expected 1.8 MMcf per day of flash gas.

 

Results

The ZerO2 solution gave the operator a scalable, efficient and reliable method to process rising flash gas volumes generated from the continued development of its Permian Basin asset position.

The multiple operational, economic and regulatory benefits of implementing the ZerO2 solution are summarized below:• Eliminate the flaring or combusting of flash gas by capturing 100% of tank vapors, as compared to typical efficiency levels of 80% for competing solutions.

  • Easily achieve compliance with current emissions standards and even more stringent regulations likely to be introduced by federal and state regulators in the future.

  •  Reduce Reid Vapor Pressure (RVP) by flashing gas at atmospheric pressure and capturing it before the oil is transported.

  • Generate incremental revenue and profits by capturing and selling rich, high-value tank vapor gas previously lost by flaring or combusting.

  • Improve the quality of sales gas by removing oxygen from the gas stream and ensuring consistent, ongoing production and revenue by avoiding the triggering of slam valve safeguards.

  • Maintain operational reliability by adopting the ZerO2 units, which have no moving parts and minimizes the impact on unexpected maintenance and repair costs.

This table summarizes the estimated emissions reductions based on installations made to date. Emissions reductions are estimated based on an 80% efficiency rate generally attributed to Vapor Recovery Tower technology. To put the impact of the total estimated emissions reductions in perspective, the reduction in VOC emissions is equivalent to
removing approximately over 28,000 passenger vehicles from the nation’s roads for a year, using per-vehicle estimates from the EPA’s publication Average Annual Emissions and Fuel Consumption for Gasoline-Fueled Passenger Cars and Light Trucks.

Based on the successful applications of the ZerO2 solution, the operator requested that EcoVapor design a larger unit to handle greater volumes of flash gas expected to be produced by its Permian Basin growth plan. These new units can each process 1.2 MMcfd and will be deployed in the second half of 2018.

Contact us today at 1.844.NOFLARE (844.663.5273) or Info@EcoVaporRS.com to see if ZerO2 is right for your operations and if you’re ready to Flare Less, Sell More.

Case Study Permian Basin

 

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