Non-operated assets account for around half of oil and gas production for many leading companies, yet flaring and emissions from these assets are often significantly underreported due to poor data access and weak governance. Our analysis shows that more...
The Darvaza Crater in Turkmenistan's Karakum Desert has been aflame for nearly 60 years due to a drilling accident. Recently, state-run Turkmengas drilled a new "bypass" well to extinguish these flames. Independent satellite data now confirm a significant drop...
Dear Clients, Partners, Collaborators, Investors and friends My colleagues and I at Capterio wish you and your loved ones a Happy New Year! Positive vibes in a challenged world It’s easy to be disheartened by an increasingly stressed world and the...
Some great progress, but we live in a “show me”, not “tell me” world This week witnessed two significant announcements in the oil and gas sector. The World Bank and partners have launched a $255 million fund to support...
Executive summary In November, Egypt will host the world at COP27 in Sharm El Sheikh. It will be a unique opportunity for Africa to showcase its leadership amid today’s triple crises – an energy security crisis, a cost-of-living crisis,...
Gas flaring is a significant source of economic and environmental waste. By reducing flaring, oil & gas companies can capture additional revenues and decarbonise operations. However, the decarbonisation potential is significantly underestimated due to invisible methane emissions from incomplete...
Executive summary Flaring is major source of economic and environmental waste. Yet our research highlights that at least 7% of total worldwide flare volumes (11 BCM per year) is within 10 km of gas demand centres (e.g. gas powerplants,...
Executive summary Gas flaring creates more emissions than the airline industry, yet much of it can be solved technically and commercially. So-called “flare capture” projects are, therefore, “low-hanging fruit” that reduce emissions, create value and accelerate the energy transition....
FPSOs are a significant source of gas flaring – some 4% of the global total, or 550 mmscf/d – almost $1 billion of potential revenue per year. Our global dataset highlights that 16 “super-flaring” FPSOs account for 50% of...
This week’s major oil and gas conference highlighted the key role that decarbonised natural gas is likely to play in the energy transition. After all the talk, we outline where and how to concentrate that intent on...